Tag Archives: Economics

Lions, and Tigers and Oh Yes, Da Bears

In 2011 I wrote an article entitled Lions and Tigers and Bears, Oh My!   In it I discussed the consumer confidence as being a drag on what could be an improving housing landscape.  We had just seen that the number … Continue reading

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Market Snapshot – May 2022

Year in and year out spring is Southern California’s strongest market.  Spring brings out the most buyers and the most sellers.  And May 2022 is no different.  Inventory is rising to meet the increased demand. One way in which things … Continue reading

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Rising Rates: What to do?

With interest rates expected to rise even further in the coming months, would be homeowners find themselves in search of options and solutions.  For many, especially Millennials who’ve never experienced rising rates, this is a time of great concern when … Continue reading

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The Inventory Crisis in Housing

There isn’t enough housing for the population.  Spoiler alert: That’s the end of this story.  I thought I might start this article with the conclusion, a literary trick often used by storytellers to build suspense.  Alas, there is no suspense … Continue reading

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A Trip to the Moon

As I look back on the year in real estate with an eye towards 2022, I am reminded of Georges Melies’ famous 1902 movie, A Trip To The Moon.  Despite being 120 years old, the movie holds up because it … Continue reading

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Case Shiller July 2021: You Never Hear the One That Gets Ya

With the S&P Case Shiller numbers out today for May 2021 (Case Shiller lags 2 months in their reporting) showing unprecedented year over year appreciation in all 20 Cities they follow, all we can do is shake our head.  It’s … Continue reading

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When It’s Easier to Buy Than to Rent

All you hear these days is about how white-hot the real estate market is.  Ask anyone sitting on the sidelines and they’ll tell you they’re waiting for the crash.  Ask anyone in the hunt for a home to buy, they’ll … Continue reading

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Buyer’s Market or Seller’s Market? Depends On Who You Ask

I wrote a couple months ago that this was a seller’s market, and the buyer’s just don’t know it yet.  And today’s Case Shiller report suggests there may be changes afoot in our housing market: it may be heating up.  … Continue reading

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The Tale Of The Strangest Market

I must admit, writing this article I can’t help but wonder if my data isn’t incorrect.  The back story here is that I follow the inventory data pretty closely for my local marketplace.  (Contact Tim here) And as is the … Continue reading

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Interpreting What The Early 2019 Housing Data Means

The housing data that came out of the National Association of Realtors yesterday morning was not good. Sales were down 6.4% from last year, similar to the sales pace to 2000 which if you recall was in a mini recession … Continue reading

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