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Consumer Reports

False Alarm. First-time Buyers are Not Declining

Are the numbers of first-time buyers shrinking, victimized by cash-bearing investors, credit-tight lenders mounting mortgage interest rates and soaring home prices? Are they “increasingly getting left behind in the real-estate recovery” as the Journal reported n July? Read More »

Rising Rates Flatten Consumer Price Expectations

After rising since the beginning of the year, consumers’ outlook for home price increases plateaued in August – which has been trending upward- has hit a plateau, likely due to concerns regarding the potential tapering of the Federal Reserve’s asset purchases, according to Fannie Mae’s August 2013 National Housing Survey. Read More »

More Consumers Expect Rates to Rise

The share of consumers who believe interest rates will go up over the next year increased another 5 percentage points to 62 percent, the highest level in the three-year history of Fannie Mae’s July 2013 National Housing Survey. Read More »

ILHM: “Luxury Segment has been Leading the Recovery”

In response to a June 27 Real Estate Economy Watch article asserting that for the first time since the Institute for Luxury Home Marketing began tracking upper tier market trends in 2008, its Market Action Index hit the threshold that separates buyer’s and seller’s markets earlier this month, ILHM Founder Laurie Moore-Moore points out that he luxury segment has actually been LEADING the recovery for more than a year. Read More »

Foreign Buyers Go Home

The boomlet in foreign purchase of US residential property is apparently over. Purchases by international buyers fell 17 percent last year, down approximately $14 billion from the previous Read More »

Inventories Hit Ten Month High

As the spring home buying season transitions into summer, month-over-month inventories are rising faster than they were as sellers respond to price increases at a faster pace than earlier in the buying season. On a national basis, both list prices and Inventories rose in last month, according to Realtor.com’s May data. Read More »

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