Saturday
February 24, 2018

Author Bios

Articles by this author:

  • Lawrence Yun examines how increases in various elements of the consumer price index could affect housing in the near term.

  • With mortgage rates likely to approach 5 percent next year, normalized underwriting standards are crucial.

  • Home sales have been hovering at the 4.9 million sales-pace mark since fall of last year and aren’t likely to move up much unless more inventory comes onto the market.

  • Prices are increasing quickly, though that may not always be the most healthy development for the economy. Also, banks may soon loosen overly strict requirements, but a choke point remains in new-home construction.

  • Economists who predict underperformance in real estate based on Baby Boomers downsizing are overlooking another huge demographic trend.

  • Home sales are improving, but NAR analysts say the market would see at least a half-million more sales a year if lenders would return credit conditions to historically normal standards.

  • Sales and prices are up and the length of time it takes to complete sales is down, but real estate isn’t out of the woods yet.

  • The market is looking much improved today, with home sales and prices heading up. But within this improvement are the seeds of a long-term challenge: falling inventories.

  • If regulators fail to restore rules that honor the important roles of free enterprise and private property ownership, some may be unable to climb the economic ladder.

  • Key market data at the midpoint of 2012 suggest a solid second half of the year. Existing-home and pending home sales were up more than 2 percent; home prices were up more than 9 percent on a year-over-year basis, to $187,300; and inventories were down, pointing to possible continued price growth. Distressed sales were down as a share of the market, too.   All trend lines are July 2011 to July 2012.