Housing Inventory on the rise

Housing Inventory on the rise

After years of falling inventory and really tight markets, things are beginning to change. Redfin reports that listing grew 6.4 % between march and april and 4.2% between april and may. Last year it fell all year. They say that if things keep up like this we should be...

Case Shiller results

Case Shiller, one of the largest gatherer of data for the housing market has reported that home prices were up big time from last year. Not that this is news to us unless you never read a paper. Phoenix and Las Vegas were the big winners but L.A. also rose over 7%...

The fiscal cliff and housing

The housing market has finally improved and it looks like the worst is behind us. However if the Washington dummies fail to resolve the fiscal cliff, housing is in trouble. Fiscal cliff could cost the U.S. two million jobs next year and cause the unemployment rate to...

You won’t believe this

Next mess: Hedge fund are creating the first security that would be backed by home-rental payments. The bonds would work similarly to mortgage-backed securities – only the flow of investor returns wouldn’t come from monthly mortgage payments, but rather income...