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14 of Top 100 Markets Overvalued

Fourteen of the top 100 U.S. markets, in terms of home prices, are now “above the long-term fundamental value for that market”. CNBS insists that  this is not a bubble, though in the opinion of this writer, the argument  — that bubbles ultimately pop, and...

[INTERVIEW] Shaky Ground

There’s a new book out by Bethany McClean — Shaky Ground: The Strange Saga of the U.S. Mortgage Giants — published by Columbia Global Reports, and focused on Fannie Mae and Freddie Mac. Kai Ryssdal interviewed Bethany, and it’s available as a podcast. Additionally,...

Why Slow Growth in Housing Applications?

We’ve been reporting for a while that many sectors of the housing market seem to have fully recovered, and almost all are doing well. However, the recovery in mortgage applications through Q1 seems to have stalled. Brena Swanson for Housing Wire gives a nice little...

What’s That Mess? Back to School!

Well, that’s it. Summer is over. OK, not technically for another week or two, but now that we’re past Labor Day, the kids are back to school, and that means — clutter. Organizing expert Marie Kondo provided some great tips to the Huffington Post on how to avoid the...

Good for The Goose, but Not The Gander?

This blog recently reported on the tremendous up-tick in investment in housing by foreigners; however, at the same time that increased investment is happening, foreign governments are cutting back. Now, foreign governments typically own very little property; however,...

Still More Credit Available

Last month, this blog reported that availability of mortgage credit, as benchmarked by the mortgage credit availability index set to 100 for March, 2012, had increased 0.5% month over month. It continues to set new records, hitting 126.1 in August (it was 116.4 for...

Q2 Mortgage Originations up $65 billion

The second quarter of 2015 was a banner one for the mortgage industry, with the highest level of originations since Q4 2007. The actual figure, $395 billion, is up $65 billion quarter-over-quarter, and $98 billion year-over-year. Forbes goes in-depth on the market...

Condos Growing 2.5x As Fast As Houses

From the 2009 bottom of the market, single-family housing starts are up slightly more than 100%. Multi-unit buildings, on the other hand, are up a whopping 466%. Although those numbers feel out of whack at first glance, it likely makes sense in this post recovery...

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