Category Archives: National Real Estate

What would you trade?

Posted on May 21, 2024 by grim

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

Posted on May 18, 2024 by grim

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?

Posted on May 17, 2024 by grim

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?

Posted on May 16, 2024 by grim

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?

Posted on May 15, 2024 by grim

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

Posted on May 14, 2024 by grim

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?

Posted on May 11, 2024 by grim

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?

Posted on May 10, 2024 by grim

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…

Posted on May 9, 2024 by grim

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?

Posted on May 8, 2024 by grim

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…

Posted on May 7, 2024 by grim

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?

Posted on April 26, 2024 by grim

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

The first to fall

Posted on April 25, 2024 by grim

From the NY Post: Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse — and it seems like … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 74 Comments

Sorry about the affording thing

Posted on April 23, 2024 by grim

From CNBC: Luxury real estate prices just hit an all-time record  Real estate is increasingly a tale of two markets — a luxury sector that is booming, and the rest of the market that continues to struggle with higher ratesand low inventory. … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 100 Comments

Second fastest in the nation

Posted on April 22, 2024 by grim

From the Star Ledger: Homes in New Jersey sold the fastest in the nation. As the weather heats up so is New Jersey housing market, according to the latest data. Homes in New Jersey sold within a median of 36 … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 66 Comments