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...
by titleonetexas | Apr 16, 2019 | Uncategorized
Simon Johnson is an economics professor at MIT’s Sloan School of Business, a former Chief Economist at the IMF, and a well-known blogger at BaselineScenario.com. You can draw your own conclusions about where he lands politically, in part based on his publishing...
by titleonetexas | Mar 19, 2019 | Uncategorized
I want to take a quick glance at where we seem to be headed, at a national level, in regards to new home construction. I think there is a correlation between these two posts – the first post indicates that the national, publicly listed builders seem to be ramping up...
by titleonetexas | Feb 19, 2019 | Uncategorized
Looking at MSL date for January 2019, we see confirmation that over-all 2018 was slightly weaker than 2017 – I think, driven in part by a supply constraint, and by some volatility on mortgage rates, changes in the tax code related to home-ownership, and affordability...
by titleonetexas | Jan 16, 2019 | Uncategorized
Looking Local as we close out 2018. MLS Data shows market-wide Months-of-Inventory at 3.6, and down to 7.5 in the Luxury space. This is consistent with 3.9 in the same period of 2017. December also gave us a fourth month of Average Sold Prices above $200k ($205k in...
