Those who buy when houses are undervalued come out far ahead of those who buy at the peak of the housing cycle.
When I developed the OC Housing News Report, one of the biggest challenges was to develop a rating system that would time the housing market to maximum advantage. As we’ve all seen o… – Timing the housing market properly saves buyers big money
Resting on a foundation of stable loan products and backed by can-kicking loss mitigation practices, the risk of future real estate declines is low.
Real estate prices do not always go up. Prior to the housing bubble, and despite two previous bubbles in California where house prices went down,… – Should homebuyers worry about a California housing bubble?
realtors lobby for the same foolish policies that caused the housing bubble and ended with millions of families losing their homes.
realtors care primarily about obtaining a large check from escrow after closing. What happens after that is not their concern. I assume most of them wish their… – Do realtors care if buyers sustain home ownership?
The flow of money into the US from China slowed recently. Is this an alarming new trend, or a temporary setback?
Stories about foreign buyers circulate periodically in the mainstream media. The plot is always the same: foreign buyers loaded with cash are buying houses as an investment. The… – Are today’s homebuyers counting on continued Chinese home purchases?
If increasing the federal funds rate causes inflation expectations to drop, mortgage rates may actually fall, causing further rises in home prices.
Mortgage interest rates are the single-most important factor determining the borrowing power of a potential house buyer. When rates are very low, a … – Fed rate hike may lower mortgage rates
It’s difficult to imagine paying more for a single parking space than most houses are worth, but some urbanites do.
Like any form of real estate, the sales prices of parking stalls are subject to the laws of supply and demand. If the demand is high and the supply is low, bidders compete… – Can a parking space be worth $1 million?
The United States inflated a massive housing bubble in the early 00s that burst painfully and upset the housing and retirement plans of three generations.
Last year I wrote A Brief History of the Housing Bubble, and for anyone wanting a more detailed recap, you can download my 2008 book on the… – Remembering the housing bubble 10 years later