How Much Risk are Rising Mortgage Rates to the Housing Recovery

May 29, 2013

If you’re new to Altos Research, check out our main web site to learn about how we do our real estate market data and how you can benefit from it. A recovery created purely by government largess is no recovery at all. That’s the strongest argument that our universally hot housing market is ephemeral. It’s […]

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Rent or Buy? Trends in Price to Rent Ratios Around the Country

April 18, 2013

Somewhere just after the housing bubble burst in 2008 or so, I started hearing institutional investor types considering how they could use their cash to accumulate distressed real estate assets. Funds emerged Waypoint, Colony, BlackRock, heck even John Paulson – he of the Greatest Trade Ever – flipped from shorting sub-prime to going long real […]

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Rents and the Housing Recovery

April 11, 2013

By now it should be clear to everyone that a multi-year home price rebound started in January of 2012. It should also be obvious to everyone that home prices in 2013 are on a tear. The rest of 2013 will remain strong, with rising home prices. The data is already in and it is very […]

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Real Estate Shadow Demand Outweighs its Shadow Inventory

March 20, 2013

Quit your yapping about how strong the real estate market is, Simonsen. It’s a fake rally. There is no actual demand. That’s the bearish argument I’ve been hearing lately. I’m not buying it. For years we’ve been watching the phenomenon of “Shadow Inventory” of potential homes that need to be sold, and looking for impact […]

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Why Forecasts for the 2013 Housing Market are Too Low

March 4, 2013

I’m in Washington DC to talk to the National Association of Business Economics on the state of the housing market. I ran into Lawrence Yun, the chief economist for the National Association of Realtors and he mentioned that he just raised his forecast for 2013 from 4% year over year to 7-8%. That’s pretty bullish. Yun, […]

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Three Reasons Why Housing Inventory is So Low

February 25, 2013

There’s no question about it, the operative theme of the 2013 housing market is restricted supply. Ever since the bubble burst in 2006, we’ve been hearing about the dangers of over supply, of the massive “shadow inventory” out there. Yet we’re living in a vastly different reality. There are 40% fewer homes on the market now […]

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Three Signs 2013 will be the Hottest Housing Year Since 2005

February 19, 2013

In January I penned an article for HousingWire magazine (paper! registration required) where I guided readers to watch for signals that the Fiscal Cliff could derail the housing recovery. A month later and the signals are strong: The Fiscal Cliff is long gone. The 2013 housing market is on fire, across the country, and the leading […]

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RVM, the Rental Property MVP

November 28, 2012

If there’s one thing the (self-proclaimed) Data Geeks of Altos enjoy, it’s a challenge – particularly one issued from a client.  Today’s challenge – “What rent can I expect from my residential investment real estate?”  OK, we got that handled. The answer was simple but not easy – the Rental Valuation Model. Click it to […]

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