Distressed Real Estate — The Raging Flood Waters are Receding and a Rainbow...
Just as rivers crest in a flood and then recede, so are the homes in foreclosure across the U.S. Just 51,000 foreclosures were completed in September 2013, according to CoreLogic’s latest National...
View ArticleOctober 2013 Existing Home Sales Up 6 Percent Versus October 2012 — Median...
Existing home sales continue the recovery to normal, with October 2013 sales of 5.12 million on a seasonally-adjusted, annualized rate (SAAR), compared to 4.83 million a year ago, as reported by the...
View ArticleAnother Top-10 List (and you may not want to be on this one unless you bought...
In my lifetime, I have seen home values in some markets rise to levels that were simply not sustainable given government policy, income levels, economic growth, new construction and inventory of...
View ArticleFederal Reserve Bank Lights the Fuse on Tapering Quantitative Easing — But It...
The Federal Reserve has been electronically printing up $85 billion of money per month since September 2012 and buying $45 billion in Treasuries and $40 billion in mortgage backed securities from...
View ArticleNovember 2013 New Home Sales Up 16.6 Percent Vs. November 2012, Median Price...
New home sales were up an estimated 16.6 percent in November 2013 when compared to November 2012, at a seasonally adjusted annualized rate (SAAR) of 464,000. Median price rose 10.6 percent in the same...
View ArticleAnother Top-10 List — Best Cities Where to Invest in 2014
While hindsight is 20-20, there are some indicators of which housing markets may perform better than others. I personally focus on jobs since people with gray hair, blue hair or no hair (retirees) are...
View ArticleAnother Top-10 List (You Do Not Want to be On if You are a Lender) — Markets...
As the U.S. emerges from the dark clouds and storm residue of the housing bubble collapse, a clear day of growing housing sales, rising home values and solid residential purchase lending is in the air....
View ArticleAnother Top-10 List — The Hottest Neighborhoods in 2014
So where are the hottest top growing neighborhoods expected to be in the coming four months? A study by Redfin examined numerous metrics, including detailing what people look for in a neighborhood....
View ArticleAnother Top-10 List — Why People Moved in 2013
The U.S. Census Bureau reports that 35.9 million Americans moved in 2013, according to an article from the National Association of Homebuilders. While there are a myriad of reasons for relocating,...
View ArticleAnother Top-10 List — Top Selling Master Planned Communities in 2013
Master planned communities (MPCs), where the entire town is planned out in advance, have been around for hundreds of years. Perhaps some of the most memorable ones following World War II were the...
View ArticleAnother Top-10 List — Metro Markets with the Greatest Multifamily...
An ongoing mega theme in housing markets is the increased number of households, that in the past would be homeowners, but today are relegated to being renters. The trifecta of student loan debt,...
View ArticleWeather or Not 2014 Existing Home Sales Will Rise — January 2014 Results
If you were traveling as much as I have been since November 2013, then it should be no surprise that both job growth rates and home sales changed since November 2013. After all, to be able to interview...
View ArticleBoise Idaho — Continuing the Recovery with a Great Outlook
Destination locations, whether the beach or the mountains or other attractions, took it on the nose in the housing bubble. Those locales bubbled up more than the country as a whole, and thus had a...
View ArticleAlaska — Housing Markets Recovering, Economy Just Simmering, At Least for Now
Each year when I speak in Alaska (Stewart has the number one market share for title insurance in the Northern-most State from our operations and independently owned agencies we underwrite), I am...
View ArticleAnother Top-10 List — The Smartest Cities in the U.S. (Everyone is Going to...
This is going to be a controversial topic given there is no one single definition of intelligence nor is there the perfect set of metrics to compare the respective intelligence of one community to...
View ArticleHouston Economy and Housing Markets — Full Throttle Ahead
Jobs are everything to the economy. Period. And that is the same opening I used yesterday when talking about where things are happening, economically speaking, across the U.S. This morning I will be...
View ArticleTornadoes — Thus Far a Light Season, But That Does Not Forecast the Future
Other than blizzards and hurricanes (also known as cyclones and typhoons), the other primary wind event damaging real estate and harming people is tornadoes. While hurricanes often are observable and...
View ArticleHigher-End Housing Market Heating Up
A structural market change taking place nationwide is the ongoing surge in demand for higher-end housing. Existing U.S. home sales in February 2014 were off 7.1 percent when compared to a year ago. But...
View ArticleAnother Top-10 List — Markets With the Most $1 Million and Up Home Sales
As we discussed earlier this month, http://blog.stewart.com/stewart/2014/04/01/higher-end-housing-market-heating-up/ the high-end residential market is gaining speed as buyers become more confident...
View ArticleIndustrial Real Estate Market Performance — 8.40 Percent Annual Average Since...
Each year when I head to my Doc’s office for the annual physical, the first thing they do (besides weighing you—which is news I already know) is to take your blood pressure and heart rate. As a Doctor...
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