Real Estate Decoded -

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?

June 26, 2020

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.

June 18, 2020

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).

June 16, 2020

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.

June 13, 2020

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.

May 27, 2020

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.

May 26, 2020

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.

May 5, 2020

Why House Prices Won’t Fall in 2020 Despite the Covid-19 Chaos

Despite the Corona Recession, I think it’s unlikely U.S. house prices will fall, and if they do, it won’t be by much. Adjusted for inflation and interest rates, house prices aren’t high in most cities, and are nothing like in 1990 or 2006.

April 28, 2020

House Prices Before Covid-19

Phoenix is still the hottest metro covered by Case-Shiller. In real, inflation-adjusted values, house prices in metro Phoenix increased 5% from February 2019 to February 2020. See data for all 20 cities covered by Case-Shiller.

April 2, 2020

Quick Video Report – Will Mortgage Rates Fall Because of the Coronavirus?

The 30-Year Fixed Rate Mortgage Rate MAY go lower than it did in the past when the Fed Rate was zero.

April 2, 2020

U.S. House Prices B.C. (Before Corona)

Phoenix is still the hottest metro covered by Case-Shiller. In real, inflation-adjusted values, house prices in Phoenix increased 4% from January 2019 to January 2020. For the USA as a whole, real prices were up 1%.

February 25, 2020

Phoenix Still Hottest Metro – Seattle & San Francisco Bouncing Back

Phoenix is still hot. Since last June, house prices appreciated faster in metro Phoenix than in any of the other 20 areas covered by the S&P CoreLogic Case-Shiller Home Price Index.

February 21, 2020

The Shocking Truth About House Prices After You Adjust for Inflation AND 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.