Category Archives: National Real Estate

Automation will reshape America

From MIT Technology Review: In These Small Cities, AI Advances Could Be Costly It’s long been clear that urbanization and automated technologies are shaping society, but it hasn’t been obvious how the two forces affect each other. Until now, perhaps. … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 139 Comments

Unexpected increase in September Home Sales

From HousingWire: Existing home sales reverse course, increase in September After falling for three straight months, existing home sales reversed course in September, posting an increase, according to the latest report from the National Association of Realtors. Total existing home … Continue reading

Posted in Economics, National Real Estate | 27 Comments

Homes shrink, but they are still bigger than 10 years ago

From Bloomberg: Homes Are Shrinking in the U.S. In a reversal of a three-decade trend, U.S. homebuilders are cutting the size of the American home as margins are being squeezed by a shortage of land and labor. The average floor … Continue reading

Posted in Economics, National Real Estate, New Development | 76 Comments

Albatross

From CNBC: Boomers worry they can’t sell those big suburban homes when the time comes Jeff Swaney is worried about selling his 5,600-square-foot home one day. In his neighborhood south of Atlanta, demand and prices for large ranch houses like … Continue reading

Posted in Economics, National Real Estate | 39 Comments

Why Trump’s tax plan will make housing even more unaffordable

There appears to be some thought that home prices on the coasts are elevated or subsidized through the use of the Mortgage Interest deduction (MID) and State and Local Tax (SaLT) deductions. These two deductions, either alone or together, artificially … Continue reading

Posted in Economics, National Real Estate, Politics, Property Taxes | 124 Comments

July home sales beat expectations

From CNBC: Case-Shiller home price index rises 5.9%, beating expectations The S&P CoreLogic Case-Shiller home price index rose 5.9 percent in July compared a year ago, better than the 5.7 percent expected by economists polled by Reuters. The rise was … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 123 Comments

Good time to buy, but not gunna.

From HousingWire: NAR: Home sales may be falling, but housing sentiment is on the rise In four of the past five months, including the most recent report in August, showed existing home sales continue to fall, however this is not … Continue reading

Posted in Demographics, Economics, National Real Estate | 165 Comments

Boomers, not millennials, are the problem.

From CNBC: Baby Boomers resist selling homes, helping to keep prices high and inventory low: Zillow’s Gudell If you’re looking for a reason the housing market is so tight, perhaps the Baby Boomers are to blame. For generations, after the … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 78 Comments

Choking the market

From MarketWatch: Existing-home sales fall in August for the fourth time in five months Existing-home sales in August dropped for the fourth time in five months as real-estate agents continue to blame a lack of available homes to buy. The … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 141 Comments

Will flat fee take off? (probably not)

From CNBC: No more 6% commission – these brokers will sell your house for a flat fee In an increasingly crowded and competitive real estate market, brokers are messing with traditional models, and that could mean big savings for sellers … Continue reading

Posted in National Real Estate | 62 Comments

The biggest barrier to starter homes – zoning laws and NIMBY

From HousingWire: Trulia: Housing market fails to produce what buyers really want The gap between the homes consumers want and the homes available for sale continues to grow in many markets across the U.S., according to the latest Mismatched Markets … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 79 Comments

Get out your wallets

From CNBC: Almost half of top US housing markets are ‘overvalued’ It will come as no surprise to anyone out house hunting today — buying a home is becoming ever more difficult to afford. Prices just keep soaring while incomes … Continue reading

Posted in Demographics, Economics, National Real Estate | 101 Comments

Dynamics right for a bubble? Or is it different this time?

From the NY Post: Are we headed for another housing collapse? One decade after the biggest housing collapse in America’s history led to a global recession, could we be facing another crisis? “Not happening,” says Burns, adding that the 2007 … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 132 Comments

That was fast…

From the NYT: The Urban Revival Is Over For all the concern about the gentrification, rising housing prices and the growing gap between the rich and poor in our leading cities, an even bigger threat lies on the horizon: The … Continue reading

Posted in Demographics, National Real Estate, New Development | 34 Comments

Pending sales now down 4 out of 5 months

From HousingWire: Pending home sales decrease slightly in July Pending home sales dropped slightly in July, marking the fourth decrease in the past five months, according to the latest Pending Home Sales Index report from the National Association of Realtors. … Continue reading

Posted in Housing Recovery, National Real Estate | 56 Comments