Apr 13, 2018
February is a short month. Let’s keep this post short. It’s interesting to note the effect that demographics has on growth. Last month, I pointed to some local information in that regard. This month, let me direct you to this interesting post on national trends and...
Feb 12, 2018
I want to point out some divergent information out there – between the national trends and some local observers. Nationally, we continue to see an undersupply of housing. Look at the charts at the top of the WSJ Daily Shot for January 31 and let the following...
Jan 23, 2018
Year-end 2017 brought 123 transactions in our survey of transactions related to parties we generally associate with lot and new-home development. See the attached data. Not a bad end to the year. Looking at the existing-home market, our data suggest continuing tight...
Dec 15, 2017
It’s the time of year when we look back at where we are, and look forward to next year. Our usual look back at the multi-parcel transactions in November shows us 114 transactions involving a party generally associated with new-home development. See the attached data....
Nov 17, 2017
A recent report from the National Association of Realtors highlights a national trend. The overall inventory of homes for sale, based on a months-of-inventory metric, trends low – indicating a seller’s market. Said the other way, buyers have a low inventory of...
