Category Archives: National Real Estate

I think I can I think I can

From Bloomberg: U.S. Home Prices Rise Almost 9%, the Biggest Gain in Four Years Home prices in the U.S. surged 8.8 percent in February — the biggest gain in four years — as buyers battled for an increasingly scarce resource: … Continue reading

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

I say flip it, flip it good

From Bloomberg: Home Flippers Pile Into the U.S. Market, Scoring Higher Profits Property investors were bullish on the U.S. housing market in 2017, flipping more homes than in any year since 2006, when the real estate bubble that helped upend … Continue reading

Posted in Economics, Housing Bubble, National Real Estate | 137 Comments

Recovered or back to a bubble?

From HousingWire: CoreLogic: Housing market nearly recovered from recession CoreLogic, a global property information, analytics and data-enabled solutions provider, released a report outlining the real estate economy from 2006 to 2017, showing that the housing market has nearly completely recovered … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 105 Comments

Top? Anywhere? Anyone see a top?

From CNBC: Home prices surge 6.3% in December amid critical housing shortage Sky-high demand and record-low supply continued to push home prices higher in December, far faster than income growth. U.S. home prices increased 6.3 percent compared with December 2016, … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 103 Comments

NY jumps to the front?

From Inman: Home prices reach new peak, NY makes biggest gains According to the most recent Home Price Index (HPI) report from Black Knight, Inc., home prices in December increased .10 percent month-over-month and 6.6 percent year-over-year to $283,000 — … Continue reading

Posted in National Real Estate, NYC | 104 Comments

If we learned anything during the last bubble, it’s that this is a sign of a bubble

From Builder Magazine: HOMES NEAR ENVIRONMENTAL HAZARDS SHOW STRONG PRICE APPRECIATION ATTOM Data Solutions today released its 2017 Environmental Hazards Housing Risk Index, which shows that median home prices in U.S. zip codes in the highest 20% for environmental hazard … Continue reading

Posted in Housing Bubble, National Real Estate | 133 Comments

No homes left to sell?

From CNBC: Tight supply, rising prices weigh on US home sales U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a persistent shortage of houses pushed up prices and kept … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 156 Comments

At what point do we say “recovered” and at what point do we say “bubble”?

From CNBC: Home Prices Hit Records in Almost Two-Thirds of U.S. Cities Home prices jumped to all-time highs in almost two-thirds of U.S. cities in the fourth quarter as buyers battled for a record-low supply of listings. Prices for single-family … Continue reading

Posted in Economics, National Real Estate | 121 Comments

Finally the end of cheap mortgages?

From CNBC: Here’s how a 5% mortgage rate would roil the US housing market Mortgage rates are now at their highest level in four years and poised to move even higher. The timing couldn’t be worse, as the usually busy … Continue reading

Posted in Economics, Mortgages, National Real Estate | 137 Comments

Looking good, Billy Ray! Feeling good, Louis!

From HousingWire: Americans gain confidence in housing as home prices rise Americans continue to gain confidence in the housing market, not just despite, but even because of rising home prices, according to the latest Home Purchase Sentiment Index from Fannie … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 61 Comments

Mortgage rates going up

From CNBC: Mortgage rates jump even higher after positive jobs report The good news is Americans are making more money – because they’re going to need it, especially people thinking about buying a home. While the just-released January employment report … Continue reading

Posted in Economics, Employment, Mortgages, National Real Estate | 120 Comments

Case Shiller up 6.4% yoy

From HousingWire:

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 77 Comments

Yeah yeah, be priced out forever, we’ve heard that before.

From Forbes: 2018’s Housing Market Looks Good Unless You’re A First-Time Millennial Buyer The nation’s housing market for 2018 continues to look good, according to two recently released reports. But first-time millennial buyers will continue to struggle with affordability, especially … Continue reading

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 112 Comments

Wrong way people

From Newsweek: WHY ARE PEOPLE LEAVING CITIES? U.S. MAYORS BLAME HOUSING COSTS Mayors across the United States say that housing costs are the biggest reason that people are moving away from cities, according to a new survey released Tuesday. According … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate, New Development | 58 Comments

Snow Day Jobs Day!

From Bloomberg: U.S. Added Fewer Jobs Than Expected in December U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a … Continue reading

Posted in Economics, Employment, National Real Estate | 182 Comments