The latest NAR headline is “Virtually Every Metro Area Experienced Home Prices Rise in First Quarter of 2021”. The story is a mighty reflection on supply and demand. Almost every metro area tracked showed a YoY price increase, most with double-digit increases. TAMU’s...
Rather than more statistics, here’s an anecdote that hits the same themes we’ve discussed recently. I’m sitting in the bleachers at a little league game. The younger couple next to me is discussing their own efforts, and the efforts of their parents, to find houses in...
Odd times show up in odd ways. We are currently in a moment where podcasts are doing stories about people strapping on sandwich-board signs to try to find a house to buy. Meanwhile, builder sentiment shows early signs of decreasing and we (again) hit record highs for...
