Author Archives: grim

Will investors dump real estate?

Posted on November 25, 2025 by grim

From Newsweek: Price Correction ‘Worse Than 2008’ Coming To US Housing Market—Analyst The only transactions that continued happening in the U.S. market at volume this spring and summer, she said, were for higher-priced homes. “You have this bifurcated housing market, … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 49 Comments

The New L.A.

Posted on November 24, 2025 by grim

From NJ1015: New Jersey’s film industry revival is changing the real estate game With all three film studio partners in place — Lionsgate, Netflix and Paramount — and three separate production facilities being built, New Jersey has cemented its return … Continue reading →

Posted in Economics, New Jersey Real Estate | 89 Comments

Costs a little more to be rich now

Posted on November 22, 2025 by grim

From Redfin: U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October. Luxury … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 67 Comments

Gridlock

Posted on November 21, 2025 by grim

From CNBC: Existing home sales see small October gain, but supply is now dropping Improvement in mortgage rates at the end of the summer boosted home sales, but that gain may be short-lived. Sales of previously owned homes in October … Continue reading →

Posted in Housing Bubble, National Real Estate | 104 Comments

It’s a buyer’s market…if you are rich

Posted on November 20, 2025 by grim

From CNBC: Housing numbers point to an unusually strong buyer’s market. There’s a catch This is the strongest buyer’s market in housing in more than a decade.  That’s the headline on a new report from Redfin, a real estate brokerage … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble | 92 Comments

Going to Pittsburgh

Posted on November 19, 2025 by grim

From Fox News: This is the most affordable city in the US Realtor.com economists determined in a recent report that Pittsburgh is the lowest-priced large housing market in the U.S. In October, the median listing price of a home in … Continue reading →

Posted in Demographics, Economics, National Real Estate | 140 Comments

Sounds Rosy

Posted on November 18, 2025 by grim

From the Realtors: NAR Predicts Double-Digit Growth in Home Sales in 2026 With Prices Rising 4% The U.S. housing market will finally turn the corner in 2026, with a double-digit increase in home sales supporting a 4% increase in home prices, … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 60 Comments

The 50y mortgage in one chart

Posted on November 17, 2025 by grim

From Sherwood, hat tip Ritholtz:

Posted in Demographics, Economics, Housing Bubble, Mortgages, Risky Lending | 47 Comments

A little bit of fraud makes the market go round

Posted on November 15, 2025 by grim

From National Mortgage Professional: As Home Prices Slip, Mortgage Fraud Risk Intensifies As rates ease and overall mortgage applications have risen 8% from Q2 2025 to Q3 2025, Cotality took a deeper look at mortgage fraud risk instances nationwide in Q3 in … Continue reading →

Posted in Housing Bubble, Mortgages, Risky Lending | 88 Comments

No problems, nothing to see here

Posted on November 14, 2025 by grim

From Mortgage Orb: Foreclosure Starts, REOs Continued to Rise in October There were 25,129 foreclosure starts nationwide in October, an increase of 6% compared with September and up 20% compared with October 2024, according to ATTOM’s U.S. Foreclosure Market Report. States … Continue reading →

Posted in Economics, Employment, Foreclosures, Mortgages, National Real Estate | 81 Comments

Ain’t the same market anymore

Posted on November 13, 2025 by grim

From USA Today: It’s not a seller’s housing market anymore. Some sellers don’t agree. After a stretch of several years in which the housing market has felt anything but normal, buyers, sellers and real estate agents are now adjusting to … Continue reading →

Posted in Housing Bubble, National Real Estate | 76 Comments

NYers can’t afford Mamdani’s City.

Posted on November 11, 2025 by grim

From Fox News: New Yorkers hunt for homes outside the city as living costs soar High taxes, surging rents and the overall increase in cost-of-living expenses are causing some New Yorkers to search for a new home outside the Big … Continue reading →

Posted in Demographics, Economics, Employment, Unrest | 133 Comments

Average home buyer age? 59

Posted on November 10, 2025 by grim

From NPR: Many would-be buyers are frozen out of the housing market First-time homebuyers are getting older. So much so, the National Association of Realtors had to scrap the photo it was planning to use on the cover of a new … Continue reading →

Posted in General | 99 Comments

Game Changer

Posted on November 9, 2025 by grim

From the Washington Examiner: Trump administration ‘working on’ 50-year mortgage to boost housing affordability Federal Housing Finance Agency Director Bill Pulte announced on Saturday that his agency is actively working to introduce a 50-year mortgage term, a move that comes … Continue reading →

Posted in Housing Bubble, Mortgages, Risky Lending | 35 Comments

No Bubble?

Posted on November 8, 2025 by grim

From MarketWatch: Home prices are overinflated in many parts of the U.S. Are we in a housing bubble? Many housing markets in the U.S. are way overvalued, but don’t mistake the current environment for a housing bubble, economists say. Home … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 51 Comments