This week, we have been introducing what we believe will be five mid-to-long-term opportunities in real estate over the next few years. Today is #3 – The Hispanic Segment of the Market. – The KCM Crew To begin, we want to be sensitive to the feelings … [Read more...]
“Shadow consumers”: Why the housing market is going to bounce back faster than people expect
We all know the real estate market has been improving steadily for the past, oh, six or eight months. Here’s my prediction: It’s going to start improving much more quickly in the next two to three years. The reason is simple, as … [Read more...]
Another view on the Case-Shiller price gain
Writing on Barry Ritholtz’s The Big Picture blog, real estate and mortgage researcher Mark Hanson has a different view of what a 0.5% rise in Case-Shiller’s quarterly report on home prices means. Background: That half-percent … [Read more...]
Unemployment Rate: June 2012 Vs. June 2011
Employment has been steadily growing over the last year and a half, an important trend for the housing market as employment growth builds confidence as well as the financial means for would-be buyers to make a home purchase. Only 15 of the 164 … [Read more...]
WSJ claims rising prices come from fewer distressed sales
In a Wall Street Journal piece, Nick Timiraos says he thinks rising real estate prices are a result of fewer distressed homes (short sales and foreclosures) on the market. Prices have risen this summer for a simple reason: more buyers have chased … [Read more...]
Case-Shiller reports home prices rise across the board
The June S&P/Case-Shiller home price index shows that home prices have risen nationwide — in every one of the 20 metro areas covered by the index. Nationwide it’s up a half percent. That’s not much, until you consider that this … [Read more...]
