Category Archives: National Real Estate

The next tech hotspot?

From the NY Post: Time to buy in ‘Quantum Valley’? Upstate New York home prices are set to skyrocket as Big Tech moves in Will the San Francisco Bay Area tech hub known as Silicon Valley soon be eclipsed by the … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate, North Jersey Real Estate, NYC | 45 Comments

April sales dip

From Reuters: US home sales post second straight monthly drop; house prices accelerate U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market. Though the … Continue reading

Posted in Economics, Housing Bubble, Mortgages, National Real Estate | 94 Comments

How much higher?

From Yahoo Finance: U.S. Home Prices Reach Record High Despite Slow Market Amid a broader market slowdown, U.S. home prices reached a historic peak in April, with the median sale price rising to $433,558, a 6.2% increase from the previous … Continue reading

Posted in Housing Bubble, National Real Estate | 61 Comments

What would you trade?

From the Record: What would you sacrifice to afford a home? A report shows the differences between generations Generations often have differing perspectives on politics, work culture and family dynamics, so it might not come as a surprise that the … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 48 Comments

Nothing is cheap anymore

From MarketWatch: Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says. Renters are running away from high rents in expensive cities and moving to more affordable ones — but that’s pushing up … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 30 Comments

First to fall?

From Mansion Global: Florida and Texas Show Signs of Home Prices Falling Gary and Karen Steppe listed a condo in Indialantic, Fla., in February for $294,900. They expected the two-bedroom vacation home, which is in an oceanside town near Melbourne … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 80 Comments

Heading back below 7?

From CNBC: Mortgage demand from homebuyers drops even as interest rates pull back to April lows Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today’s housing market. As a result, … Continue reading

Posted in Economics, Housing Bubble, Mortgages, National Real Estate | 53 Comments

Different this time?

From the NY Post: US home prices have soared 47% since 2020 A recent analysis by ResiClub of the Case-Shiller National Home Price Index has unveiled a jaw-dropping surge in US home prices, soaring a lofty 47.1% since the dawn of this … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 95 Comments

90% of the country overpriced

From Fitch: Real Home Price Appreciation Aligns with Sustainable Price Trends Fitch Ratings estimates national home prices were 11.1% overvalued for 4Q23 on a population-weighted average basis, showing negligible difference from the previous quarter.  The consistency in Fitch’s overvaluation estimates, … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 102 Comments

The Worst Time?

From Kiplinger: Is This the Worst Time To Buy a Home? The Federal Reserve is holding interest rates steady, and mortgages are hovering over 7%. House prices are still rising. Housing supply is still not close to meeting demand.  Is … Continue reading

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 35 Comments

This again?

From Quartz: ‘Fractional home ownership’ wants to fix real estate’s woes. What is it and could it work? There’s more than one way to own a house these days. Sites including real estate startup Pacaso are opening up a new … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 47 Comments

To be honest, there are some signs…

From Business Insider: Home sellers are facing a summer from hell The past few years were very good to people who decided to sell their homes. The massive relocation shuffle meant most homes hitting the market were the subject of … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 50 Comments

Northeast the strongest?

From Fast Company: As the Northeast housing market heats up, Florida’s is cooling down Researchers at John Burns Research and Consulting (JBREC) publicly released the results from their March survey of real estate agents, and it paints an interesting picture. It aligns … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 73 Comments

Not quite the 70s…

From Yahoo Finance: Return to the ’70s? Today’s housing market has echoes of dark era. High inflation and a disappointing report on economic growth — followed by a sudden drop in stocks late last month — made for a familiar economic combination. … Continue reading

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

Oh, hey Austin, you too?

From Bloomberg: Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere in the … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 80 Comments