Category Archives: National Real Estate

At the top now?

From CNBC: Home listings suddenly jump as sellers worry they may miss out on the red-hot housing market Sharply higher mortgage rates have caused a sudden pullback in home sales, and now sellers are rushing to get in before the … Continue reading

Posted in Housing Bubble, Mortgages, National Real Estate | 4 Comments

No national price decline?

From Yahoo Finance: Housing Prices Are Expected to Drop in These Cities — Is Yours One of Them? Housing prices could drop by as much as 10% in many U.S. cities, per Fortune, referencing a new report from Moody’s Analytics. However, the … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 237 Comments

We’ve been discussing this for the last 10 years…

From Yahoo Money: Mortgage rates hit highest level in 13 years and could cool housing market Mortgage rates hit their highest level since August 2009 this week, following a sharp increase in the 10-year Treasury yield and continuing a breakneck … Continue reading

Posted in Economics, Mortgages, National Real Estate | 62 Comments

Worst ever time to buy?

From Gallup: Record Low in U.S. Say It Is a Good Time to Buy a House Thirty percent of U.S. adults say it is a good time to buy a house, down 23 percentage points from a year ago and … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 208 Comments

If you have to ask…

From Fortune: Another housing bubble? ‘We’re skating close to one,’ says Realtor.com economist This might be the hottest housing market ever recorded. Over the past 12 months, U.S. home prices are up a staggering 19.2%. For comparison, in the years leading into the 2008 … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 79 Comments

Nothing to worry about

From Wealth of Common Sense: 4 Reasons the Housing Market Won’t Crash Millennials are the biggest demographic in the country We don’t have enough housing supply No one wants to sell Consumer balance sheets remain strong Discuss.

Posted in Demographics, Economics, National Real Estate | 152 Comments

Expensive everywhere you’d want to live

From Yahoo Finance: Homebuyers just got another grim new statistic: Average home prices in 11 housing markets now exceed $500,000 The U.S. housing market’s half-million dollar club is growing, with more cities than ever posting average home prices above $500,000. … Continue reading

Posted in Demographics, Economics, National Real Estate | 84 Comments

Priced Out

From CNN: Renters are growing pessimistic they will ever own a home as prices keep rising Faced with a white-hot real estate market, renters are losing confidence they will ever own a home. On average only 43.3% of renters expect to … Continue reading

Posted in Demographics, Economics, National Real Estate | 83 Comments

Slowdown?

From Reuters: Early signs of cooling housing market seen in some U.S. cities, Redfin says There are early signs of a cooldown in some of the hottest corners of the U.S. housing market, Redfin said in a report on Friday, … Continue reading

Posted in National Real Estate, Price Reduced | 71 Comments

Welcome back to five

From CNBC: 30-year fixed mortgage crosses 5%  The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, … Continue reading

Posted in Economics, Mortgages, National Real Estate | 90 Comments

The B-Word

From CBS News: Federal Reserve issues warning over “brewing U.S. housing bubble” Homebuyers have faced a tough choice during the pandemic: Swallow rapid price increases and forgo typical steps like house inspections, or risk getting left out of the real estate … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 158 Comments

A lot to stomach

From Fortune: The housing market faces its biggest test yet There has been no shortage of theories on how the ongoing housing boom is going to end. Reopening corporate offices were supposed to tamp down on remote workers buying in far-flung places. … Continue reading

Posted in Demographics, Economics, Mortgages, National Real Estate | 294 Comments

Where did they all go?

From the NY Post: Startling data reveals how many people have fled NYC during COVID pandemic The Big Apple’s population has been hollowed out during the COVID-19 pandemic — with Manhattan suffering the biggest population decline among all US counties, according to … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 78 Comments

Uh Oh Time Yet?

From Marketwatch: ‘The housing market is in the early stages of a substantial downshift’: Home sales may drop 25% by the end of summer, according to this analyst The popular spring home-buying season is just ramping up. But one analyst … Continue reading

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

Top?

From Yahoo Finance: Sales of U.S. Previously Owned Homes Decline to a Six-Month Low Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 188 Comments