by titleonetexas | Nov 20, 2019 | Uncategorized
In one signal, the national housing market showed a continued trend of moderate YoY improvement. See this article noting a 3.2% increase in the Case-Schiller National Home Price Index; a similar increase to the prior month numbers. But note the gathering clouds? Black...
by titleonetexas | Oct 15, 2019 | Uncategorized
Apologies for the tardiness of the August report. We’ve been doing some under-the-hood work. To make it up to you, I’m including Movers Moving Indexes for August AND September. Looking to Year-Over-Year MLS data for Lubbock, in September 2019 we saw a 17.7% decrease...
by titleonetexas | Aug 15, 2019 | Uncategorized
I’ve written about how this housing expansion feels different from past expansions. I read a post today that might explain that feeling. While I’ve pointed at the interplay of input costs and labor, the post’s charts, and the corresponding analysis, posit that there...
by titleonetexas | Jul 16, 2019 | Uncategorized
People like fast reads in the summer, so I’ll keep it short. Local MLS data through the end of July 2019 showed supply constraint on Existing Home sales. Months-of-Inventory sat at 2.5, with total listings pegged at 1170. Compared YoY, that is over 200 fewer listings,...
by titleonetexas | Jun 19, 2019 | Uncategorized
May gives us mixed signals. We know that nationally, home builders are viewing the moment with confidence. We know from local MLS data that we are climbing the seasonal wave towards our usual Summer peak. But we also know that YoY May gave us a decrease of 2.7% in...
by titleonetexas | May 16, 2019 | Uncategorized
Let’s start wide. I know this is the April report, but econ data lags. (Math is hard.) On a national-basis, it appears YoY prices increased 3.7% in March. See here. CoreLogic further projects a 4.8% increase (YoY) for April. At least one industry economist is drawing...
