to subscribe to our Tweets or to Subscribe to free Email RSS Feed Updates.

PLEASE FOLLOW ME @ https://twitter.com/MrMarkHanson .  I put out much more regular detail and respond faster on a variety of housing & related subject matter than through the blog.   HOUSE PRICE DECELERATION The rah-rah Case Shiller headlines this week didn’t tell the real story of DECELERATING price trends, especially in certain, core, leading-indicating regions.
PLEASE FOLLOW @ https://twitter.com/MrMarkHanson . I put out much more regular detail and respond faster on a variety of housing & related subject matter than through the blog.   1) So, to sum up Jan housing data released over the past week: rotten, leading-indicating Pending Sales today and Builder New Home Sales last Friday. And
Friday’s weak “January” New Home Sales report — 555k SAAR vs 580k consensus and vs my 550k forecast — after December’s 8% plunge to 536k, strongly suggests that the Nov RATE SURGE and new year has NOT brought the much-hyped, “reacceleration” in housing demand. In other words, the “rate surge is great for the house
PLEASE FOLLOW @ https://twitter.com/MrMarkHanson. I put out much more regular detail and respond faster on a variety of housing & related subject matter than through the blog. Bottom line: There is a big, air-pocket under house prices that will pull everything lower this spring, as the dominant cohort of end-user, shelter-buyers in search of “affordable”
TOP