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Housing Wire
FEBRUARY 10, 2024
So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. Here is a look at last week: Weekly inventory change (Feb.
Housing Wire
APRIL 6, 2024
Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.
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Housing Wire
JUNE 9, 2023
Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years. Then on Aug.
Housing Wire
JULY 2, 2023
Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data. 9, 2022, and today you can see the final result of that dynamic shift as inventory is now negative versus the 2022 data — all before July 4th.
Fancy Pants Homes
MAY 24, 2023
And along with them come more million-dollar deals, some fresh new faces, and all the drama you’d expect from the Netflix series best described as ‘ Real Housewives meets Million Dollar Listing. We also get to meet Jason Oppenheim’s new girlfriend, Marie-Lou Nurk, and Chrishell Stause’s partner (later turned wife), G Flip.
Miller Samuel INC
MARCH 19, 2019
An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. Manhattan is about 75% rental by unit and New York City is about 2/3 rental by unit.
Toronto Realty Blog
JANUARY 18, 2023
Last week, I offered my opinion on the new vacant home tax here in Toronto, but this is much, much better. “Vacant Homes & Empty Minds” Nothing to See Here. At the start of 2022 Toronto introduced new municipal taxes on vacant homes (i.e. I was blown away. Thirty-seven footnotes, for one thing.
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