by Jim Crowder | Sep 28, 2015 | HOUSING MARKET
A while back, this blog covered the rapid increase in foreign investments in the U.S. housing market. With all of the recent news regarding (and never mind the news, the actual ups-and-down in) the Chinese stock market, it’s worth revisiting this state of...
by Jim Crowder | Sep 25, 2015 | HOUSING MARKET
Bloomberg Markets interviews Svenja Gudell, Chief Economist for Zillow, and she makes some interesting points, particularly in light of Yellen’s speech today outlining a case for interest rate hikes this year. One of the key points is understanding the...
by Jim Crowder | Sep 24, 2015 | HOUSING MARKET
In the wake of the recent sub-prime mortgage scandal, everyone is understandably nervous about repeating the past. Recent data indicates that, in fact, sub-prime lending is up significantly (20.4% for HELOCs, 29.5% for home-equity loans, and 30.5% for first...
by Jim Crowder | Sep 23, 2015 | HOUSING MARKET
It’s official. As of 4:23AM, EDT, this morning, the autumnal equinox was upon us (don’t get us started on why daylight savings time changes don’t align with the equinox). And that means, from here on out, the days are going to be shorter than the...
by Jim Crowder | Sep 22, 2015 | HOUSING MARKET
Predicting future trends from past results can generally be quite successful; however, the more variables involved, the less accurate the prediction. That’s why this blog post seems a little bit like throwing statistical darts. Nevertheless, the Mortgage Bankers...