Forget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade. A new report from Realtor.com identified the housing markets that are expected to see the most notable home sales and price growth in...
In three out of the last four years, our highest median sales price was in May - which are the sales that were decided in March and April: I think we can expect a similar fast start to the selling season next year as pent-up demand that went unsatisfied in 2019 rushes...
Above you can see how our market compares to others, and below is the history of our 'months of supply'. I said in the video yesterday that I thought the NSDCC sales in 2020 will be down 10% year-over-year mostly because there aren't enough reasonably-priced homes to...
These guys don't release their local forecasts: Home prices increased on an annual basis by 3.5 percent in October according to CoreLogic's Home Price Index (HPI). The index rose 0.2 percent from the previous month. The rate of increase in home prices appears to...
This article features our favorite topic today, and they smartly differentiated between areas. I looked up my sales over the last two years and 22% of them involved the last move of the seller (either they had passed away, or close). Excerpts: The big question looming...
The most phallic logo ever! One year after Amazon selected Arlington, Va., as the site of its new HQ2, the impact on the housing market has been pronounced. Massive inventory shortages, sky-high price spikes and a blistering pace of sales are now the norm in the metro...
Ty said yesterday, The thing I think you miss most or maybe overlook is how overleveraged the average person is. I do commercial real estate and routinely have access to small business owners financials. Equity rich in their homes but cash poor with credit card debt...
Low mortgage rates and large down payments are how buyers today are able to afford these lofty prices. Wondering where the big money comes from? Some of it could be from cash-out refinances: The article has a couple of other zingers too - excerpts: In recent years,...
Given the rapid escalation in prices around the 92075, I'm right in there: https://www.californiabeaches.com/beach/tide-beach-park/ The buyer of this house will likely appreciate the benefits of the sandy beach:
Thanks to Shaun for this conversation with Robert Shiller - click here for video & text: https://www.researchaffiliates.com/en_us/insights/conversations/narrative-economics-part-1.html
