Tag Archive for: inventory

5 Threats to Home Prices; Uh-Oh…or Much Ado About Nothing?

My son was recently looking to buy a home in Austin, Texas. He thought he held all the cards, given that he’s highly qualified and given that the internet continues to scream that Austin is ground zero for the housing meltdown. But...not so much.Read More

Putting The Inventory “Surge” In Perspective; Stock Market “Correction” Coming Soon

Harry Dent and Peter Schiff have been predicting the end of the world every week now for decades. And, sometime between now and when the sun dies** they will be right, darn it! […]Read More

Putting the Airbnb “CRASH” Into Perspective; Rates Hit New Record High

Mortgage rates hit a new 23-year-high today in response to more inflation fears and nervousness about this week’s economic releases. I listened to several analysts over the weekend say that they think rates could climb another 0.25% or more before settling down, or before investors remember that the Fed is wrong.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

Housing Data Remains Strong – Despite “Imminent Crash”

Steven Van Metre is a macro analyst and financial planner who has been predicting an “imminent housing crash” for over a year, including here, here, here, here, and… here. Despite […]Read More

Inflation DOWN; Rates UP; What Gives? Housing Inventory Still Tight

15 Degrees Last Night in Austin, TX This has nothing to do with mortgages, but I have to share it because I find it so interesting.  Austin saw a low […]Read More

6 Reminders for Depressed Real Estate Agents

A prominent loan officer who has been meeting with multiple real estate agents recently told me that he has never seen so many “depressed real estate agents.” They are depressed […]Read More

Housing Inventory Crisis! How Bad Is It?

Picture yourself walking into your local Whole Foods and seeing 2/3 of the shelves entirely empty. That is exactly the state of the single-family residential real estate market today, according […]Read More

Agents Outnumber Homes for Sale; Observations

My favorite part of the article was the portion of it devoted to agents who are successful despite being new, despite the lack of inventory, despite how crowded the field is, and despite friends and family telling them that their timing was awful.Read More

Reasons Why Inventory Is So Low

Housing inventory is scarce in competitive markets like Oakland. Longer ownership tenure, investor activity, and high demand keep supply tight.Read More