Real Estate Decoded - Page 3 of 8 -

December 31, 2018

Home Prices Fell 4% in 4 Months in This U.S. City

Seattle home prices fell 4% from June to October after increasing 11% from January to June. It was quite a fall for Seattle which had been the national home appreciation star of 2017 with prices up 13% from January 2017 to January 2018.

December 23, 2018

Links – December 25, 2018

California Out-Migration Intensifies, Population Moves South – Center for Opportunity Urbanism Home Prices | Case Shiller Index | Mortgage Rates Housing Market 2019 | Home Prices 2019 Calculated Risk: Real House Prices and Price-to-Rent Ratio in October Sounding the Alarm on Leveraged Lending | IMF BlogA Misunderstanding Liquidity, Misunderstanding QT – Behavioral Macro 5 Charts That Explain the Global Economy in 2018 | IMF Blog 9 Housing and Mortgage Trends to Watch for in 2019 – NerdWallet Home Sales, Home Prices, and Mortgage Rates: Up or Down in 2019? – Freddie Mac 2019 Construction Economic Forecast – Nonresidential – Dec 2018 – Construction Analytics Single Women Outpace Single Men as…

December 22, 2018

Links ~November, 2018

Are we addicted to debt? | Canadian Centre for Policy Alternatives Tax Reform Opens New Opportunities for Commercial Real Estate | Realtor Magazine Banks continue to ease mortgage lending standards, but it’s not helping | 2018-11-15 | HousingWire Why affordable housing is scarce in progressive cities – Curbed Why house prices in global cities are falling – Buttonwood – The Economist Study: Minority homebuyers pay higher interest rates | 2018-11-20 | HousingWire Silent Inflation by Robert J. Shiller – Project Syndicate Mortgage Debt Nears A Pre-Crash High, But That’s No Cause For Concern – Forbes.com Housing market slowdown won’t be a crash – Yahoo Finance Buying a home: Should you skip the home appraisal? | Mortgage Rates, Mortgage…

December 22, 2018

Links ~October, 2018

Can Mortgage Borrowers Use the CFPB’s Loan Estimate Disclosure to Shop For the Best Deal? How Do Appraisers Calculate Price Per Square Foot? • Birmingham Appraisal Blog U.S. Home Affordability Drops to Lowest Level in 10 Years | ATTOM Data Solutions Idiosyncratic Whisk: Housing: Part 324 – Commercial Real Estate, Dean Baker, etc. 10 years later: How the housing market has changed since the crash – The Washington Post National Housing Inventory Crisis Reaches Inflection Point – Oct 3, 2018 Real Estate Market Prepares for Burst of New Listings | Realtor Magazine Making Sense of the Single-Family Rental Industry | John Burns Real Estate Consulting The finance curse: how the…

December 22, 2018

Links ~September, 2018

Has House Price Appreciation Reached a Tipping Point? – First American (Aug) The biggest red flag for the next recession? Corporate debt-to-cash ratios, top economist says (Sep) Home Prices Up 4.7% in August, Lowest Price Growth in Four Years – Redfin (Sep) As Seattle home prices dip, outer reaches of metro area are humming along | The Seattle Times (Sep) Southern California supply of unsold new homes at 6-year high – Orange County Register (Aug) Southern California homeowners rush to sell as analyst sees ‘new cracks’ in the market – Orange County Register (Sep) The financial crisis, ten years on | VOX, CEPR Policy Portal (2017) CMHC: Insured mortgage market falls 33% after new regulations – BNN Bloomberg China’s tallest…

December 21, 2018

Links – September-August, 2018

To solve the housing crisis, we need to fix our broken land economy – New thinking for the British economy – OpenDemocracy Wage Growth and Baby Boomers | Moody’s Analytics Economy.com A Roadmap to Job-Creating Transportation Infrastructure – Center for Opportunity Urbanism (2017) Why a low delinquency rate isn’t the good news real estate story you think – Macleans.ca (2017) Everything you need to know about Fannie, Freddie appraisal-free purchase mortgages | 2017-08-23 | HousingWire Agents Sell Homes For More Than FSBOS: Study – Inman (2017) Housing Perspectives (from the Harvard Joint Center for Housing Studies): Who Owns Rental Properties, and is it Changing? What Are the Prospects for Future Homeownership Demand? First American (Aug) Why Seattle Builds…

December 21, 2018

Links ~August, 2018

Credit supply and housing speculation | VOX, CEPR Policy Portal (Aug) Quantitative Easing: Defined and Explained Amazon To Take On Zillow, Redfin With New Real Estate Referral Feature? (July) Ideal Salary You Need to Own a Home in Your State How racism kept black Tacomans from buying houses for decades | The News Tribune (Aug) Some realtors believe major price correction underway in Metro housing | Vancouver Sun (Aug) Where Can Renters Find Affordable Homes to Buy? (Aug) The Guide to Understanding Your Home Value | Real Estate | US News (Aug) Overhaul Boosts Credit Scores of Millions of U.S. Consumers – WSJ (Aug) Falling Housing Starts: Fallout from the Trump Tax Cut? | Beat the Press…

December 13, 2018

Subprime, Zero Down Mortgages Are Back But With A Catch

Note: While writing this post, I found something that surprised me. See below. The reaction on Twitter was swift and negative to this headline on CNBC.com, “Thousands line up for zero-down-payment, subprime mortgages.”

December 6, 2018

The Untold Story Of Today’s High Home Prices

The entire housing industry seems to agree that today’s high home prices because new home builders haven’t built enough new homes but they conveniently ignore the entire demand side of the equation.

December 2, 2018

Home Prices Still Increasing But Not As Fast As Before In Most Cities

U.S. home prices were up a strong 5.5% in September compared to September 2017, however, that was down a bit from the 6.0% increase during the previous 12 months.

November 28, 2018

Fannie Mae Mortgage Loan Limits & The Great Real Estate Bubble

Mortgage loan limits are an important, but often forgotten, part of the story behind The Great Real Estate Bubble and current high home prices.

November 28, 2018

Home Prices Still Increasing Despite Fall In New Homes Sales

The 13% decline in new home sales has created a lot of concern about the real estate market but the Case-Shiller Home Price Index for the much larger number of existing homes is not waving any red flags (yet).

November 23, 2018

What The 1990s Tell Us About The Next Housing Bust

The consensus is that the next time home prices fall, it won’t be like 2007-2012. No one, however, seems to be talking about what the next real estate correction or bust might actually look like. Let’s see what we can learn by looking at what happened when real home prices fell in the early 1990s.

November 21, 2018

Home Prices Are Decelerating But Not Falling

“Decelerating” is the word everyone seems to be using for the real estate market. Home prices aren’t falling, they just aren’t increasing as fast anymore.

August 31, 2018

Are Home Prices Slowing Down?

In the last few weeks, we’ve seen a lot of news stories about home prices losing their upward momentum in some U.S. cities. Let’s review what people are saying about home price trends in the United States.

August 24, 2018

2 Cities Where Home Prices Are Slowing Down

You’ll never guess the city where home price increases have slowed down the most.

August 17, 2018

Tax Break For Landlords Has Huge Cost For First-Time Home Buyers

This has to be one of the stupidest tax breaks ever. The depreciation tax deduction lets landlords (but not homeowners) deduct about 3% of what they paid for their houses from their income each year. Since they pay less in annual federal taxes, landlords can pay more when they buy rental houses, driving up home prices for everyone.