Ep. 193 | Where Did All The Housing Demand Come From?
SUMMARY: Building permits and housing starts were down for the month but they didn’t fall as much as expected, the Fed’s attempt to lower demand could also end up lowering supply, and...
Ep. 171 | What A Difference A Year Makes
SUMMARY: Wall Street Journal had two interesting pieces on the housing market in May of 2021 and June 2022, Jobs report surprises on Friday, and a slow week for data but we...
What A Difference A Year Makes
Back in May of 2021, the housing market was on fire. It was similar to the mid-2000s except for one difference, every town was experiencing it. Candace Taylor wrote in the...
Ep. 170 | There’s No Crying In Home Buying
SUMMARY: New Zillow survey finds that 50% of homeowners cried during the homebuying process, mixed jobs data from ADP and jobless claims, and a normal housing market could be right around the...
There’s No Crying in Home Buying
There might not be any crying in baseball but apparently, there is crying in home buying and in copious amounts, according to a new Zillow survey…(Zillow) Exactly 50% of home buyers...
Remote Work Caused The Housing Boom
A new working paper from the National Bureau of Economic Research finds that the majority of the home price increase that happened during the pandemic was remote work driven…(NBER) What explains...
Ep. 159 | The Rent Vs Buy Ratio Has Changed
SUMMARY: The Producer Price Index was similar to CPI in that it showed a tiny drop but little relief in the grand scheme of things, Freddie Mac reported rates were up slightly...
Is It Better to Rent or Buy? What to Do in a Hot Housing Market
Will Parker & Nate Rattner argue that skyrocketing home prices have moved the break-even point on the rent/home buying ratio… (Wall Street Journal) For the median priced home, Tomo’s model shows...
The Housing Market Makes The Fed’s Job Harder
Federal Reserve officials are counting on higher mortgage rates to throw cold water on the frenzied housing market. However, Jonnelle Marte at Blomberg reports that some aren’t convinced that will happen…(Bloomberg)...
