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.Read more
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.Read more
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.Read more
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.Read more
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.Read more
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%.Read more
History Shows 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.Read more
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.Read more
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.Read more
#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.Read more
Top 3 – Real Estate News – Week Ending 7/11/20
Top housing news including an interview with 5 chief real estate economists.Read more
Top 3 – Real Estate News – Week Ending 7/3/20
Top 3 Real Estate Market News Stories for the Week Ending July 3, 2020.Read more
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!Read more
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?Read more
Real Estate Week – June 26, 2020
Best real estate quotes from Ali Wolf, Tim Sullivan, Ivy Zelman and Jon Litt from the week ending June 26, 2020.Read more
The Financial Crisis Inquiry Report (2011) – Study Notes
Here are some of the most surprising quotes from this amazingly honest report. Selections from the Financial Crisis Inquiry Report (2011).Read more
Flat, Fall or Crash? Home Price Outlook for 2nd Half of 2020
In this YouTube video I tried to make sense of this rapidly changing real estate market.Read more
Housing Data Gems – June 13, 2020
Real estate data gems of the week from Wells Fargo Economics Group, Meyers Research and Black Knight’s Mortgage Monitor.Read more
2 Key Factors that Drive House Prices – Double, Double, Quadruple
A $100,000 mortgage in 1990 at 9.8% interest would have the same real monthly mortgage payment (P&I) as a $400,000 mortgage in 2020 at 3.2% interest.Read more
U.S. House Prices Were Rising Fast Before Covid-19
Going into the Covid Crisis, none of the metros covered by Case-Shiller saw a decline in real, inflation-adjusted house prices. Phoenix saw a 7% real, inflation-adjusted house price increase over the previous 12 months.Read more