Category Archives: National Real Estate

Plenty of room to run?

Posted on August 24, 2018 by grim

From CNBC: The housing recovery isn’t over, it just feels like it is A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, National Real Estate | 50 Comments

Urbanization, but only at the right price

Posted on August 21, 2018 by grim

From USA Today: Home prices: Even midsize cities are getting pricey, leading some buyers to smaller markets A couple of years ago, freshly-minted college graduates Jon and Samantha Reidy crisscrossed North Carolina in search of a place to settle and … Continue reading →

Posted in Demographics, Economics, National Real Estate | 45 Comments

Rise of Gen Z

Posted on August 20, 2018 by grim

From Bloomberg: Gen Z Is Set to Outnumber Millennials Within a Year Millennials are about to be surpassed by Generation Z. Gen Z will comprise 32 percent of the global population of 7.7 billion in 2019, nudging ahead of millennials, … Continue reading →

Posted in Demographics, Economics, National Real Estate | 65 Comments

Price Reduced!

Posted on August 18, 2018 by grim

From HousingWire: Is housing becoming a buyer’s market? Home sellers have begun cutting back their listing price, especially at the high end of the housing market, leaving open the possibility that it is now beginning to shift to a buyer’s … Continue reading →

Posted in Economics, National Real Estate, Price Reduced | 44 Comments

The new “rate lock”

Posted on August 17, 2018 by grim

From HousingWire: Goodbye refi: Rising interest rates all but erase refinance demand While mortgage interest rates dipped ever so slightly in the last week, they’ve been trending up for the majority of this year. In fact, the interest rate on … Continue reading →

Posted in Housing Recovery, Mortgages, National Real Estate | 53 Comments

Owners staying put is causing the inventory crunch

Posted on August 15, 2018 by grim

From HousingWire: First-time homebuyers dominate mortgage market First-time homebuyers may be facing rising affordability issues, but they are still outpacing the share of repeat buyers in the housing market, according to the latest report from the Urban Institute. This is … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 28 Comments

The Big Slow

Posted on August 3, 2018 by grim

From the Philly Inquirer: Is Philly’s housing market still hot? As buyers grow nervous and tired, home prices are slowing Even before she and her husband started seriously house-hunting for their first home, Nicole Benson Paul had heard the stories … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

Yep, this will end well

Posted on August 2, 2018 by grim

From MarketWatch: The new housing play: Helping priced-out renters become long-distance landlords Leland Char is a 28-year-old product manager for a large San Francisco-based tech company. He loves the Bay Area’s “very authentic Asian food and new American cuisine, smart … Continue reading →

Posted in Housing Bubble, National Real Estate, Risky Lending | 91 Comments

May Case Shiller

Posted on August 1, 2018 by grim

From HousingWire: Case-Shiller: Home prices rising at least twice the rate of inflation To absolutely no one’s surprise, home prices increased once again in May, and even showed double-digit gains in some markets on the West Coast, and increasing at … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 99 Comments

All your homes are belong to us

Posted on July 31, 2018 by grim

From Reuters: Spiders, sewage and a flurry of fees – the other side of renting a house from Wall Street The rental home seemed so beautiful when McKayla Ferreira first laid eyes on it. The roof had three gables, fruit … Continue reading →

Posted in National Real Estate, Unrest | 84 Comments

“Uh Oh”s keep coming

Posted on July 25, 2018 by grim

From CNBC: Southern California home sales crash, a warning sign to the nation Southern California home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 329 Comments

Uh Oh

Posted on July 24, 2018 by grim

From CNBC: Existing home sales fall for third straight month U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market pushed up house prices to a record high, likely sidelining … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

Sometimes it pays to play the long game

Posted on July 21, 2018 by grim

From Bloomberg: U.S. Homeowners Are Lingering Longer, and the Wait Is Paying Off Homeowners in the U.S. are holding on to their houses longer than they have in at least 18 years, and when they do sell, they’re reaping gains … Continue reading →

Posted in Demographics, Economics, National Real Estate | 73 Comments

Buy ’em out, tear ’em down.

Posted on July 19, 2018 by grim

From the Star Ledger: These N.J. properties flood over and over again, costing taxpayers like you millions More than 3,300 homes and business in New Jersey have been repeatedly flooded and rebuilt at taxpayer expense — some as many as … Continue reading →

Posted in Economics, National Real Estate | 101 Comments

Here comes the bubble? Or still too early?

Posted on July 15, 2018 by grim

From CNBC: The housing shortage may be turning, warning of a price bubble The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 27 Comments