Posts filed under “Real Estate”

The Rich Buy Real Estate; The Poor Want Gold

If you want to know what someone’s views of society are, ask what they believe is the best long-term investment.

I am fascinated each year when Gallup Poll asks Americans to choose the best option among real estate, stocks and mutual funds, gold, savings accounts and CDs, or bonds. The results are a pop psychologist’s dream of cognitive issues, belief systems and ideologies.

See the following chart:

Source: Gallup

Now, before we get into the details, some caveats: First, people often don’t really know what they want or think. Instead, when questioning people about their hopes and desires, we end up with a distorted mass-media version of a bad Robin Leach television series. Sad but true, often we don’t know what we want out of life.

Second, survey responses are not all they appear to be. There is value in the collective data, but we need to dive into the details to tease out some fascinating cultural differences.

Consider what happens when we divide the survey responses along income lines. We discover some very telling things about the American psyche.   Continues here

 

 

Category: Gold & Precious Metals, Investing, Psychology, Real Estate

Race to the Top

My pal Jonathan over at Miller Samuel shows us this awesome graphic of high rising apartment buildings in NYC:   click for ginormous graphic Source: Miller Samuel

Category: Digital Media, Real Estate

Category: Real Estate, Think Tank

How the Land Lies for U.S. Home Builders

Source: WSJ   Continues here.

Category: Economy, Markets, Real Estate

Fed Laughter and Housing Prices

Source: Elliot-today     Earlier this week, we discussed the amount of laughter in FOMC meetings as a sign that the Fed was not fully cognizant of the coming financial storm. Today’s chart adds another component to this, overlaying Fed laughs with Case Shiller residential real estate price index, via Elliot-today. Perhaps the best way…Read More

Category: Federal Reserve, Real Estate, Research

Housing Market’s Wild Ride: Boom Bust & Recovery

Another monstrous infographic from Matthew Klein — this one on the Boom and Bust and Recovery in America’s residential real estate market. Enjoy!   Click to see “Bubble to Bust Recovery”     See also The Housing Market’s Wild Ride

Category: Digital Media, Real Estate

Tale of Entire RE Market via 6 Houses

Source: NY Times

Category: Economy, Real Estate

Architecture Billing Index

Source: World Property Channel

Category: Digital Media, Real Estate

Cash Purchases Spike as Interest Rates Rise

Source: RealtyTrac   The chart above comes form the RealtyTrac Residential & Foreclosure Sales Report. It should come as no surprise that as rates rise, so too do all-cash purchases. There are a few significant factors worth noting: 1) Last year, institutional investor purchases for residential properties (single family homes, condominiums and townhomes) accounted for…Read More

Category: Credit, Fixed Income/Interest Rates, Real Estate

New Generation Homeowners

Source: Visual.ly

Category: Real Estate