On the 5th of January, the National Association of Realtors released its latest Pending Home Sales Index (PHSI), showing a 16% decline over October.  Almost immediately the media seiz...

I was fortunate enough to attend the Inman Connect real estate conference over the last week in New York.  A...

Maybe it was only symbolic move.   On Thursday, the Federal Reserve hiked its lending rate for emergency bank loans known as the “Fed Discount Rate” from .5% to .75% in an off-cycle meeting.   W...

I’m starting to hear the phrase, “pent-up demand” a lot from various investors, real estate professionals, and builders.  I started thinking a bit more about this and what’s in store for this sp...

I’ve been curious lately about the end of the Mortgage Backed Security (MBS) purchases by the Federal Reserve in March.  The Fed is planning to end the program in less than 60 days on March 31

Home-ownership seems out of vogue. Does that mean the American dream is dead? Also we’ll get an update on mortgage purchase applications, interest rates, and thoughts on home affordability.

This week I was listening to a conference call with real estate economist Mark Boud of Real Estate ...

Last week’s new home sales data for January produced a new seasonal adjusted annual rate (SAAR) at a record low of 309,000 units.  This is a big drop from December’s 348,000 sales (SAAR).  Altho...

Realtor Magazine recently interviewed NAR Chief Economist, Lawrence Yun.  Lawrence gave a glimpse into the recent decline in Pending Homes Sales, impact of weather on the real estate market, new...

The Federal Reserve’s purchase of Mortgage Backed Securities (MBS) is scheduled to end on March 31st.  A few weeks ago I wrote that there was some talk of extending this program.  It ...

I’ve been tracking what people are saying about the shadow ...

Foreclosures are peaking in 2010. New home construction is at record lows. Fed intervention in the mortgage-backed securities market is over. The home-buyer tax credit expires in a few weeks. In...