Category: US Housing
The analysis published under this category are as follows.Sunday, April 07, 2024
Hidden cost of US homeownership just saw its biggest spike in 5 years / Housing-Market / US Housing
As millions of Americans lose sleep over record mortgage costs, many overlook one of the biggest expenses they’ll incur as homeowners: property tax.
According to real estate data analytics firm ATTOM, property taxes jumped by 6.9% or more than $4,000 in 2023—the largest annual increase in five years. It's also double the gain from a year earlier.
“Property taxes took an unusually high turn upward last year, pushing effective rates up, while huge gaps in average tax bills between different parts of [the] country remained in place,” said Rob Barber, ATTOM’s chief executive.
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Saturday, February 17, 2024
Nick Millican Explains Real Estate Investment in a Changing World / Housing-Market / US Housing
Real estate has long been considered the gold standard for investment, anchored by reliable returns and long-term stability. However, the world of real estate investment is constantly evolving, and successful investors must be able to adapt to the changing economic, technological, and environmental landscape to remain profitable. Nick Millican of Greycoat Real Estate has established himself as a recognized and trusted thought leader and advisor in the real estate market, particularly when it comes to large commercial properties and developments in central London.
Nick Millican’s work primarily involves acquiring, developing, and operating commercial properties. His company owns and manages a deeply diversified portfolio of assets, and his investment strategies have evolved significantly over the past several years in response to many multifaceted changes across the global economic, political, financial, and real estate worlds.
Friday, January 19, 2024
U.S. Real Estate Market: A 24% Problem / Housing-Market / US Housing
"...24% of U.S. single family homes are owned by investors."
A big reason that U.S. home prices have skyrocketed is that big investors like corporations did a lot of buying.
As a Redfin.com headline noted nearly two years ago (Feb. 16, 2022):
Real Estate Investors Are Buying a Record Share of U.S. Homes
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Tuesday, July 04, 2023
US Real Estate Bubble From A Technical Analysis Point Of View / Housing-Market / US Housing
Understanding The Market Cycles
My focus usually lies with stock indexes, sectors, and commodities, but today, we venture into the real estate market. Real estate is a market that many people don’t fully comprehend. Many are excited by the robust housing market, believing it’s never been a better time to buy. But the reality is, I believe we’re in a phase that isn’t ideal for such investments.
Taking a leaf from Stan Weinstein’s book, he proposed that the market has four stages: Stage 1, where active investment capital isn’t advisable due to the choppy, flatlining market; Stage 2, the bull market phase; Stage 3, a volatile phase where struggle reigns; and Stage 4, a phase marked by a massive decline. Stages 2 & 4 are usually an easy time for investors to make money. But in Stages 1 & 3, it becomes harder to grow your capital and much easier to lose a hefty portion. This is the crucial time to preserve and protect your wealth for reinvestment when conditions improve.
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Tuesday, March 21, 2023
FOR - Forestar Group - US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Tuesday, March 21, 2023
MPW - Medical Properties Trust Inc - US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Tuesday, March 21, 2023
IIPR - Innovative Industrial Properties Inc- US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Tuesday, March 21, 2023
REDFIN - RDFN - US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Tuesday, March 21, 2023
XHB - SPDR S&P Homebuilders ETF - US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Thursday, March 16, 2023
DR Horton DHI - US Housing Market Stocks Analysis / Companies / US Housing
US House Prices Current State
My interim view as of early July 2022 based mainly on my stock market, economy and UK housing market analysis at the time (Stocks Bear Market Rally Last Gasp Before Earnings Season, US House Prices 3 Year Probability Range) concluded in an rough expectation for US house prices to target a gain of between 20% and 30% over the next 3 years that would be punctuated by a correction during 2023.
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Monday, February 27, 2023
US Housing Market House Prices Current State / Housing-Market / US Housing
The only way I am going to be able to get the US housing market mega analysis done and dusted is if I break it up into digestible chunks, hence it will be delivered in 3 parts -
1. US Housing Stocks and Implications for House Prices
2. US Economy Implications for House Prices.
3. US House Prices Analysis and concluding 3 year trend forecast.
Why housing stocks first and not last?
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Saturday, February 18, 2023
How This Pattern from the Prior US Housing Market Bust is Repeating / Housing-Market / US Housing
Here's when homes will likely sell for once-in-a-lifetime bargains
Just like the gold "in them thar hills" motivated people from all walks of life to become miners way back when, real estate booms have motivated people from far and wide to become agents.
In both cases, easy riches seemed to be there for the taking.
But easy riches can be hard to get sometimes, as this New York Times headline indicates:
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Friday, January 06, 2023
US Real Estate and Banking Warning Signs / Housing-Market / US Housing
Dear Reader,
Here's a paradox for you: The more investors are convinced of a trend, bullish or bearish, the LESS likely that trend is to continue.
Yep. The big crowd gets aboard right as the trend is ready to change.
What about now? Is now one of those moments?
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Thursday, October 06, 2022
US Housing Market BUST - Why the Real Estate Tide is Turning / Housing-Market / US Housing
Here's your next step to get a handle on the global property market.
Treat houses as a consumption item -- or simply as a place to live, and history shows that real prices will fluctuate only modestly over the decades.
Treat houses as an investment, and the value of houses takes on the characteristics of the stock market.
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Thursday, June 09, 2022
UK Housing Market Affordability Crisis / Housing-Market / US Housing
Most academic housing market commentators focus on the various measures of housing market affordability or rather unaffordability as house prices despite the price crash of 2008-2009 never fell to anywhere near the affordability levels of the early 1990's housing bear market lows and therefore ivory tower academics have continued to cling onto expectations that a further house prices crash is inevitable so as to fit in with their theoretical models of where house prices should fall to in terms of affordability that gets liberally regurgitated in the mainstream press, and looking at the graph below it is very easy to be seduced by something that on first glance appears obvious that house prices really did have a long way to fall to reach the affordability levels of the past.
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Friday, May 20, 2022
US Real Estate Investors – Is There An End In Sight? / Economics / US Housing
The US stock market contracted sharply over the past 30+ days while traders attempted to identify the risks associated with the US Fed rate increase. Behind the scenes, real estate investors and homeowners are under pressure due to higher costs on nearly everything. Gas, food, everyday items, credit card interest payments – almost everything costs more due to inflation and increasing fuel costs.
I remember in 2007-08 when Oil reached levels above $140ppb and the seemingly high costs of everything just before inflation peaked and the markets turned bearish. Back then, much like today, a period of extreme speculation seemed to permeate buyers and investors throughout the US.
What broke this trend was the Global Financial Crisis. When the economy started to unravel, excessive credit/debt levels suddenly became unmanageable for nearly everyone. What seemed like a reasonable and manageable amount of debt suddenly became excessive as the US Fed raised the Fed Funds rate from 1.0% to 5.5% – a 450% increase.
Recently, we’ve seen the US Federal Reserve raise rates from 0.25% to 1.0%. The Fed may raise rates again soon, trying to tame inflation. I don’t have a crystal ball, but it is not difficult to understand how inflation, higher consumer costs, and increased debt servicing costs are going to panic many real estate investors, especially after many years of ZIRP and low inflation.
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Tuesday, May 17, 2022
This is Anything but Positive for US Housing Market / Housing-Market / US Housing
Has the rise in mortgage rates only begun?
A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market.
On the one hand, some areas of the country are still experiencing record-high home prices as buyers outnumber sellers.
On the other, the number of home sellers who dropped their asking price spiked to a six-month high of 15% during a four-week period ending on May 1, according to a Redfin report released on May 6.
Another development that falls in the bearish category for residential real estate is rising mortgage rates.
Here's what the April Elliott Wave Financial Forecast, a monthly publication which provides analysis of major U.S. financial markets, noted as it showed this chart:
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Thursday, February 10, 2022
Important Things You Need To Consider Before Selling A Property / Housing-Market / US Housing
House-selling is one of the most complex things that you'll ever do in your life. It's not just about choosing the right realtor or finding an ideal property, but there are some other factors that are just as important, so keep reading to find out what they are.
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Saturday, January 22, 2022
Best Neighborhoods to Buy Real Estate in San Diego / Housing-Market / US Housing
San Diego is known for immaculate weather and pristine beaches alongside a bustling downtown scene focused around PetCo Park and the Gaslamp district. While San Diego is not known for its affordable real estate, the area is still rapidly growing, and those who have the funds to spend can find some great neighborhoods that are rapidly growing.Read full article... Read full article...
Monday, November 29, 2021
Should You Invest In Real Estate In 2021? / Housing-Market / US Housing
Investing in real estate has the capability to steadily generate income, and is a viable long-term investment option. Then again, investing in real estate is a serious undertaking, and you have to be doubly sure before coming to a decision. You can use a real estate investments API to discern whether the time is ripe for buying or selling.
In the US, the real estate sector saw a steep rise in sales even during the pandemic last year. So considering it a seller’s market, the main question is whether you should invest in real estate in 2021 or not.
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