House prices falling in 11 markets, how accurate is the data?

House prices falling in 11 markets, how accurate is the data?

According to a new Realtor.com report, among America’s 50 biggest cities, 20 show annual price declines since last year, and the metro with the steepest drop might surprise you.  What markets are dropping the fastest and why?  How accurate is the data they are using? ...
70 Percent more expensive to buy vs rent.  What does this mean for real estate prices?

70 Percent more expensive to buy vs rent.  What does this mean for real estate prices?

There is a huge premium to buying a property compared to renting.  It is now 70% more expensive to buy vs rent a property, which is considerably higher than at any time in the last fifty years.  What is causing the large divergence in renting vs buying?  What does...
70 Percent more expensive to buy vs rent.  What does this mean for real estate prices?

Buy vs rent: 70% more expensive. What About Real Estate Prices?

  There is a huge premium to buying a property compared to renting.  It is now 70% more expensive to buy vs rent a property, which is considerably higher than at any time in the last fifty years.  What is causing the large divergence in renting vs buying?  What...
Why are home prices rising while mortgage rates stay high?

Why are home prices rising while mortgage rates stay high?

It is a bit perplexing; mortgage rates are over 7%, well over double their lows, and yet real estate prices are once again heading higher after a minor pullback late last year.  Prices have pivoted from last fall to make a strong comeback and approach new highs.  What...
One metric for risk is off the charts, impact on real estate

One metric for risk is off the charts, impact on real estate

  It is interesting that the market continues to focus on interest rates and employment as the barometer for the economy while totally ignoring one metric.  As a lender I just did a year end analysis on our portfolio and one metric jumped off the page increasing...