A DSNews article from yesterday (”GAO Releases Report on Loan Performance and Negative Equity“) covers the release of a US Government Accountability Office report – Loan Performance and Negative Home Equity in the Nonprime Mortgage Market. The report is a look at loan performance and negative equity across the 16 US markets, taking a faulty [...]
We’ve just returned from New York City, attending last week’s Real Estate Connect New York City 2010 hosted by InmanNews. Outstanding event to hear what’s happening right now in the real estate industry, and we’re all about real-time… Thought this would be a good time to close out our “2009 Year End Trends” blog post [...]
We’re heading to NYC this week for the Inman Real Estate Connect New York City 2010. This is one of our favorite events of the year because of the mix of brokers, agents, and Wall Streeters that attend to find out the latest and greatest in real estate technology (ahem, which includes Altos Research of [...]
With HAMP and other government housing recovery programs cycling through their first year, some hard numbers are emerging to gauge program effectiveness. We watch the market changes every week here and it’s elucidating to watch local trends respond to the incentive systems put in motion. An intriguing result is how academic and housing market policy [...]
Marching along on our look at the US Housing Market by region, here’s the 2009 year-end Median Ask Price and Active Inventory trends for the major Texas markets – Dallas, Houston, Austin and San Antonio, with some quick analysis based of what we’re seeing in each city -
All four markets are showing relative health compared [...]
In October, our analysis of the then recent upward S&P/Case-Shiller HPI movements from June, July, and August showed that the rate of price increases would be unsustainable in the short and longer term. (See “Unsustainable” from October 28, 2009) David Streitfeld’s article yesterday on NYTimes.com – “New Slip in Housing Prices Undercuts Fragile Optimism” – [...]
Big week in the housing market. The National Association of Realtors just reported a 10% rise in home sales (as measured by transactions, not price). Tomorrow brings the release of the S&P/Case-Shiller Home Price Index for September 2009. Here’s what we’re seeing in the housing market -
An interesting housing market trend this Fall is the convergence [...]
Back in July, I analyzed housing market activity in Jumbo mortgage price zones based on a New York Times article describing how borrowers found it difficult to gain approval for a non-conforming loan. In July, I noted that the homes exiting the market (Listings Absorbed) were doing so at price levels just below the $729k [...]