Posts filed under “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 to consider this is as a function of mass psychology: The Fed appears to have become complacent, apparently relaxed and self satisfied with their handling of the collapsing of the DotCom/Tech/Telecom bubble after 2,000.

Sure, there is some form fitting here as the chart is adjusted 6 months to make them correlate. Regardless, it is the sort of coincidence that would rarely be noticed in real time, and is terribly significant in hindsight.

I wonder what the Fed is laughing about now . . .

Continues here

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


Category: Real Estate

Drivers of Mortgage Choices by Risky Borrowers

Drivers of Mortgage Choices by Risky Borrowers Fred Furlong, David Lang, and Yelena Takhtamanova FRBSF Economic Letter 2014-01 January 6, 2014     During the past decade’s housing boom, borrowers with lower credit ratings were more likely than higher-rated borrowers to choose adjustable-rate mortgages. This raises the question of whether, amid rapidly rising house prices,…Read More

Category: Credit, Real Estate, Think Tank

The Best Gummint Housing Program You’ve Never Heard Of

Of all of the various government housing programs run by various federal agencies — Federal Housing Administration, Federal Housing Finance Agency, Housing and Urban Development and, of course, Fannie Mae — HARP is the most effective and efficient one out there. Odds are you have never even heard of the Home Affordable Refinance Program. And…Read More

Category: Bailouts, Credit, Real Estate

A Bet for Barron’s on Housing

I have long been a reader of Barron’s. I spent countless Saturday mornings early in my career with a big cup of coffee and a hard copy of the weekly. Over vacation, I almost missed this cover story on housing last weekend by Jonathan Laing, Betting on the House. In it, they forecast 5% annual…Read More

Category: Real Estate, Really, really bad calls

Barron’s: Will Housing Keep Rising?

Category: Credit, Real Estate