Monthly Archive: August 2015

Will "The Fed" Reconsider?

This post is 9 years old. The data and my views may have since evolved.Until a few weeks ago, it seemed likely that the US Federal Reserve FOMC was well on it way to announcing...

Will traffic improvements affect prices?

This post is 9 years old. The data and my views may have since evolved.With all the recent discussion in the previous topic about traffic and commuting woes, I thought that it might be worth...

Mid-August: Sales up, Listings down

This post is 9 years old. The data and my views may have since evolved.Back in mid-June, I asked: Are the current sales “pulling forward” future sales that may have occurred in the summer? With...

Affordability (Part 1)

This post is 9 years old. The data and my views may have since evolved.There are many ways of defining affordability, but in a practical sense – most people who have a mortgage are limited...

July Sales – Mixed Signals

This post is 9 years old. The data and my views may have since evolved.It’s too soon to see what effect the recent drop in the prime lending rate may have on housing sales –...