Tag Archive for: home prices

The Cost of Waiting To Buy Is Very High

Barbara Corcoran is a famous real estate investor, brokerage founder, and star of the TV show Shark Tank, and she recently posted the below IG post explaining why now is […]Read More

Home Prices UP per Case-Shiller and FHFA; Please Ignore Median Home Price Nonsense!

FHFA (the entity that regulates Fannie and Freddie) also recently released its home price index, and its numbers were even stronger. Per FHFA, February saw a month-over-month gain of 0.5% - which works out to a 6% annual gain.Read More

Debunking Negative Housing News Again. Sigh…

“I just had a listing sell for $200,000 over asking. All of my homes are selling within a week, and at list price. This is not my reality. Am I missing something?”Read More

House Prices Up 13x; College Coaching Salaries Up 370x – A Bit of Fascinating Perspective

Woody Hayes was a renowned and somewhat nutty head coach of Ohio State – where he resided for decades, winning a whopping FIVE national championships. He very famously ended his career though when he punched an opposing team’s player after an interception – which you can view here in this 30-second video (a nice reminder that we have always lived in crazy times).Read More

Putting the “Median Home Price” Nonsense to Bed – Once and For All

Earlier this week, the “Existing Home Sales” report was released for February, and it showed that the median home price in the U.S. had dropped by a whopping 0.2% from February of 2022. The media pounced on this with headlines that screamed: “Home Prices Go Negative!” But… alas, they didn’t.Read More

Rates Fell 1/2% … Almost.

The Most Important News Report Of The Year Dropped Today! The most important news report was today’s inflation data, as depicted in the Consumer Price Index (CPI) report. It is […]Read More

How Interest Rates Impact Home Values (Not What You Think)

“Jay, How Naïve Are You?” That was the response I got from a past client last spring when I was noting how higher interest rates had not yet impacted home […]Read More

It’s The Inventory, Stupid! (Why Values Are Not Crashing)

Before I explain who I am calling “stupid,” I want to touch on numerous comments I received in regard to Monday’s Blog: Why Everyone Needs A House As An Inflation […]Read More

Why The Fed Desperately Wants to TANK the Housing Market!

One of my favorite macro pundits, Alfonso Peccatiello (former $20 billion fund manager who goes by “Alf”) recently tweeted this: “The biggest group of consumers in the US owns houses, […]Read More

Is The Fed Trying to Tank The Housing Market – Or Just Slow It Down?

Agents in many of the markets we work in are telling us that they are now finally seeing a slowdown in the market. One agent who lists high-end homes in […]Read More

Still No Housing Bubble – Because Rates Are 3% Lower Than In 2006!

MBS HIGHWAY HITS HOUSING BUBBLE AGAIN Barry Habib, Founder of the MBS Highway, hates it when the media spreads irrational fear about a housing bubble. He also shares marketing materials […]Read More

Why CA Is So “Hot;” Median Home Prices

If the CA housing market was not appreciating at all, but every buyer suddenly decided they would only buy 4,000 square foot, $1 million homes in 2021 after only buying 2,000 square foot, $500,000 homes in 2020, the median home price would double.Read More

Why Now Is The Best Time to Buy – Again; Home Prices 8.45% LOWER In January

We beat this dead horse all too often but am beating it again because it is excellent information to share with potential buyers who may be on the homebuying sidelines […]Read More

Why Higher Rates Don’t Hurt Home Prices

“When rates go up, home prices will crash!” We have all heard similar statements numerous times, but they are not true. While higher rates increase mortgage payments and decrease qualifying […]Read More