We could use more inventory, for several reasons - to slow price increases, to provide more opportunities for first-timers and newcomers, and to keep realtors busy! But people don't want to move, and that's unlikely to change. We're probably in the best climate in...
More on how the game has changed forever: http://www.housingwire.com/articles/36843-treasury-committing-1-billion-more-to-fight-blight-help-struggling-borrowers?
Mitch noted that Lush is back together. I've never heard of them - from wiki: In September 2015, the music press suggested a reunion might be planned after Anderson posted a cryptic "7 day." message on social media and the official website was revamped. On 28...
We're coming off tax season - how was your mortgage-interest deduction? It only benefits those in high-cost areas. Should we initiate a real tax-reform package, and start with eliminating the MID when it's impact is low?...
Thanks to daytrip for sending this in: http://www.buzzfeed.com/pablovaldivia/hilarious-tweets-only-house-hunters-fans-will-understand
We're well into the spring selling season (May 1st is twelve days away), and soon the talking heads will be touting fewer sales this year, compared to 2015. It is short-sighted though, because 2015 was a great year, statistically. When you consider that prices are...
Millienials - or anyone feeling priced out - really should support permissive housing policy to help keep a throttle on prices. Here's evidence showing that faster-growing cities have more-modest price increases, although this chart is older (prices over last 5 years...
NIMBY-ism has served baby boomers and the one-percenters quite well. But eventually the baby boomers will give way, and younger people will take over - will they demand more housing be built, or just pay the prices we leave them?...
We're on the lookout for any sudden explosion of inventory, because the minute buyers sense a flood, they will probably back off. But no surge yet - these are the number of NSDCC detached-home new listings that hit the market between April 1-15: Year Under-$1,400,000...
Zillow and other internet tools are helping to generate maximum urgency early in the listing period (the Stratford buyer saw it on Zillow). But sellers can be surprised to see an offer in the first day or two on the market, and may not be prepared mentally,...
