by Jim Crowder | Aug 27, 2015 | HOUSING MARKET
This blog just reported yesterday on the banner year it’s been for foreign investors in U.S. real estate, and for China in particular. Coincidentally, Sam Van Horebeek, a director at a U.S. real estate advisory firm based in China wrote about the effect of the...
by Jim Crowder | Aug 26, 2015 | HOUSING MARKET
Just done reviewing the 2015 National Association of Realtors’ Profile of Home Buying Activity of International Clients. There are definitely a few interesting statistics in there. For example, while the number of units sold international slightly declined, the...
by Jim Crowder | Aug 25, 2015 | HOUSING MARKET
Property taxes aren’t the purview of the Feds; however, the FHA opposed plans to make solar power tax deductible because tax assessments take precedence over mortgages in the event of a default, there was general opposition to so called PACE (Property Assessed...
by Jim Crowder | Aug 24, 2015 | HOUSING MARKET
Bill Greiner makes a fairly convincing argument in Forbes that the housing market will be driving real GDP growth upwards of 3% over the next 18 months. He distinguishes between existing home sales and new home sales, and gives an explanation of key factors:...
by Jim Crowder | Aug 21, 2015 | HOUSING MARKET
The mortgage industry has been moving towards e-closings for quite a while now (as this blog has covered before), and there are great hopes that this will streamline and simplify the process. However, before we get all the way there, things may take a step backwards....
by Jim Crowder | Aug 20, 2015 | HOUSING MARKET
As this blog reported a few days ago, mortgage application rates were relatively flat in total, but underlying that data were some big swings that didn’t show up in the average. These changes are particularly surprising given the rate of home building starts and...