Real Estate Decoded -

April 27, 2021

Lower Mortgage Rates Now Completely Converted into Higher House Prices

With the same monthly principal and interest payment, you could borrow 9% more money. USA house prices, however, increased 12% and are continuing to increase fast.

April 9, 2021

We Could Have Switched From 30-year Mortgages To 20-year Mortgages… Without Increasing Monthly Payments!

We could have switched from 30-year mortgages to 20-year mortgages without increasing monthly mortgage payments!

March 30, 2021

Case-Shiller – U.S. Inflation-Adjusted House Prices Up 10% in 2020

Phoenix had 16% house price appreciation (nominal) in 2020! Seattle and San Diego saw 14% annual appreciation.

February 27, 2021

80% of Home Price Appreciation Since 1990 Was Due To Falling Mortgage Interest Rates?

It certainly seems that most of the house price appreciation over the last 30 years has been due to falling interest rates.

February 24, 2021

U.S. Real House Price Appreciation Up 9% in 12 Months – Phoenix Up 13%

Real, inflation-adjusted house prices increased 13% over the previous 12 months in Phoenix.

February 12, 2021

2021 Housing Boom Will Bust Joe Biden’s Reelection Chances in 2024… If History Repeats Itself

If history repeats itself, inflation-adjusted house prices will be falling in 2024. That would be an extremely difficult headwind for President Biden and the Democrats to overcome.

January 26, 2021

Real U.S. House Prices Up 8% in 12 Months

Inflation-Adjusted Case-Shiller Home Price Index Will Surpass 2005-2006 Peak Bubble Prices Soon.

January 23, 2021

2020 Home Prices LOWER than in 1990 in Some Cities… After Adjusting for Inflation and Mortgage Interest Rates

How have 30 years of falling mortgage rates changed the economics of homeownership? The answer shocked me and changed my view of how the real estate market really works.

December 29, 2020

U.S. Inflation-Adjusted House Prices Highest Since 2005-2007

For the U.S. as a whole, real, inflation-adjusted house prices were up 7%.

December 19, 2020

History Shows How We Can Increase Homeownership Fast

President-elect Biden’s campaign proposal for a $15,000 first-time homebuyer tax credit would be a disaster for homeownership. I propose a new, alternative policy that would increase homeownership fast.

October 27, 2020

3 Reasons Housing Market Is HOT & Case-Shiller Home Price Update

Before we dive into the Case-Shiller data, let’s talk about why the market is so hot despite the Coronavirus.

September 29, 2020

House Prices Have Strong Upward Momentum After Mortgage Rates Fall 2% Since Nov. 2018

House prices have a ton of upward momentum behind them after nearly 2 years of constantly falling mortgage interest rates.

August 25, 2020

#1 Reason Home Prices Are Up Despite Covid-19 Recession

Real house prices increased 8% over the last year in Phoenix. 8% after inflation is a HOT real estate market.

July 11, 2020

Top 3 – Real Estate News – Week Ending 7/11/20

Top housing news including an interview with 5 chief real estate economists.

July 4, 2020

Top 3 – Real Estate News – Week Ending 7/3/20

Top 3 Real Estate Market News Stories for the Week Ending July 3, 2020.

June 30, 2020

Remember April? House Prices Did NOT Fall

From April 2019 to April 2020, real, inflation-adjusted house prices increased for all metros covered by Case-Shiller. Phoenix led the way with an 8% real house price increase over the previous 12 months!

June 27, 2020

Why Aren’t More Houses For Sale? Is Mortgage Forbearance Causing It?

Are mortgage forbearance programs a factor in this low supply of houses for sale? Could we see a rush for the exits and a lot more houses hitting the market when the mortgage forbearance programs eventually end?