An article based on research from a mortgage insurance company, who has a stake in the game (unlike economists). The image above shows virtually no risk of prices falling in Southern California over the next two years. H/T daytrip: Housing bubble coming? According to...
Forecasts
Zillow Price Prediction
Five years ago, Zillow predicted that the ZHVI would increase 22% by 4Q17. At the time, it seemed a bit optimistic. Since then, the national index rose 32%, and the San Diego index rose 45%! Currently, thirteen of the 20 cities followed in SD County are at all-time...
Market Conditions & The Future
I think I've had this guy on before, but he has a few different videos. He changes the title and his description to include the new year, but this was published in 2014:
Lawrence Yun Responds, Part 2
I sent yesterday's post to Lawrence - and this was his reply: Home values falling 8% to 12% were based on taking away all of the deductions- no MID and no property tax deductions. Fortunately, MID is set at $750,000 and $10,000 for state and local tax deductions....
Lawrence Yun Responds
Yesterday I sent a note to the C.E.O. of the National Association of Realtors to counter the idea that home values will be going down 8% to 12% this year. I've been asking for two months - show us your math. Here it is - see link below. They commissioned a study by...
Five Minutes with John Burns
JBREC had the most bullish forecast coming into this year, and they are increasing their expectations on price and volume:
Doom Ahead?
From Bloomberg.com - an excerpt: When real estate investors get this confident, money manager James Stack gets nervous. U.S. home prices are surging to new records. Homebuilder stocks last year outperformed all other groups. And bears? They’re now an endangered...
N.A.R. 2018 Forecast Revisited
The National Association of Realtors has re-thought their negativity barrage on the tax reform, and is back in cheerleader mode: While the new tax law is already in effect, here we estimate how home prices will trend in 2018 for each state. The new tax law reduces the...
Alan’s Take on 2018
Written by Alan Nevin, director of Economic Research at Xpera Group. His consulting practice focuses on valuations, development strategy studies and forensic services. [button...
Towards the End of Cycle?
Predicting the future is hard. If it weren’t so challenging, we would all be super rich because we could predict winning Powerball numbers. However, some people do take a crack at it — not predicting lottery numbers — but peering into the future to see what kinds of...