Real Estate Decoded -

June 15, 2019

History Of American Real Estate Bubbles

From land speculation in New York state after the Revolutionary War, to a huge bubble in Chicago in the 1830s, to our 21st century bubble, the United States has always been a nation of real estate speculators…

June 6, 2019

Real House Prices DOWN In These 5 Cities Over The Last 12 Months

The stock market bounced back from its December lows but house price increases continued to shrink and real, inflation-adjusted prices actually fell (slightly) over the last 12 months in five of the 20 major metro areas covered by Case-Shiller data. That’s what I found when I applied the Consumer Price Index (CPI-U) to the S&P…

June 1, 2019

New Study Of Old Real Estate Bubbles (1582-1810) Finds Two Surprising Similarities With Modern Bubbles

Amsterdam had three large real estate bubbles from 1582 to 1810. The real estate market was entirely different 200-400 years ago but those Amsterdam bubbles shared at least two similarities with modern real estate bubbles.

May 23, 2019

50 Years Of “Affordable Housing” Programs & Black Homeownership

You may have seen stories in April about the Fair Housing Act being signed 51 years ago on April 11, 1968. The Act outlawed housing discrimination based on race, color, religion, and national origin. As a real estate numbers geek, I was shocked a couple of years ago when I stumbled upon some U.S. Census…

March 30, 2019

Real San Diego Home Prices Fall

Of 20 major metropolitan areas, 16 saw smaller house price increases in the last 12 months than during the previous 12.

March 30, 2019

The Debt Shift Theory Of The Global Financial Crisis And The Great Real Estate Bubble

Bank lending is a key to economic growth but what happens to the economy when there’s a shift in the kind of loans that banks make and a shift in debt?

March 10, 2019

Links – Mar. 10, 2019

USA Metro Denver home prices drop in February for first time in 7 years Oregon governor signs statewide rent control law Toll Brothers Orders Plunge as California Buyers Vanish People are buying less at Home Depot: Is this another sign the housing market is cooling down? JPMorgan Chase investor slide explains mortgage-business slump Contrary to…

March 6, 2019

U.S. Home Price Appreciation Continues to Slow

Home price appreciation continued to be strong in December but not nearly as strong as last spring. The big question is whether this is a healthy reset of home price appreciation to lower, more sustainable levels, or whether home price appreciation will continue to shrink. U.S. home prices were up 4.7% in December (compared to…

February 23, 2019

Links – Feb. 22, 2019

USA Calabria talks GSE reform, 30-year mortgages at Senate hearing – Scotsman Guide For First Time in 5 Years, Buyers Have More Selection to Start the Year (January 2019 Market Report) – Zillow Research Experts say home equity is key to solving the country’s looming retirement crisis | 2019-02-18 | HousingWire The 10 Most Common…

February 16, 2019

Links – Feb. 16, 2019

USA A Denver attorney and the Lehman mortgage mess that contributed to the Great Recession Housing Finance At A Glance: A Monthly Chartbook, January 2019 | Full Report | Urban Institute Federal Tax Deductions for Homeowners Change in 2019 Mapped: ZIP-by-ZIP data as Orange County home sales plummet 26% – Orange County Register Historic Mortgage Rates: From 1981 to 2019 and Their Impact – TheStreet Fannie-Freddie Watchdog Gets More Cautious on Firms’ Release Home values see largest single-month decline since 2012 | 2019-02-04 | HousingWire CoreLogic: Home prices inch forward in December | 2019-02-05 | HousingWire Why 2019 Promises to Be Better for Buyers | Realtor Magazine Homebuying Patterns: Affordability,…