Latest Updates
Housing Finance Watch and Inflation Watch (Week 44, 2022)
The 10-year old seller’s market is showing its age, with moderate purchase volume declines due to sharply higher rates & a cumulative 37% increase in constant quality HPA since Jan. 2020.
NYC LOCAL LAW 33 ENERGY SCORE DEADLINE APPROACHING
The Oct. 31 deadline for building owners to post their Energy Efficiency Rating Label for 2022 is fast approaching. Scores for 2022 are scheduled to posted on the New York City website by Oct. 1.
Housing Finance Watch and Inflation Watch (Week 42, 2022)
Tight supply, the work from home revolution, & arbitrage opportunities due to metro & regional price differences are helping to extend the seller’s market, but this is likely to change with HPA peaking in July.
Land Use and Housing Affordability
The current lack of supply underscores the vast contrast with the previous major market downturn from 2008 to 2010, when inventory levels were four times higher than they are today.
Will you survive to 2025
What is the future role, job description, and skills sets required of the person we today refer to as a “real estate agent.”
Discover and Disclose Restrictive Covenants in Recorded Deeds
There’s a trend in states taking action to eliminate restrictive restrictions in recorded deeds. There may be a duty to discover and disclose
Increasing Housing Supply with SB-9 and SB-10 Summary – September 2022
The conversations and connections facilitated throughout the week highlighted the growing consensus across the political spectrum that building more market based housing supply is necessary to address the affordability crisis in California and to halt its spread to other parts of the nation.
YARDI ACQUIRES PLANIMETRON
When combined with CommercialEdge and the Yardi Elevate suite of asset management solutions, Space Manager will provide unprecedented visibility for marketing, leasing, forecasting, facilities and construction operations.
Housing Finance Watch and Inflation Watch (Week 40, 2022)
HPA declines seem most likely at the high end of expensive markets, at the low end of some FHA markets, and in metros with stagnating or declining job growth. We expect the national seller’s market to end in 2023.
Home prices decelerating by record amount, according to new report
In retrospect, I should have purchased more real estate during and after each recession
California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets
The Fed will announce another interest rate increase Wednesday, September 21st at 18:00 GMT.
Word is .75 to 1%.
No FSBOs on REALTOR Dot Com… Where and why did that rule originate?
A listing is more than a future commission. It is also a marketing asset of the broker, who spends time and money before she/he earns and before they collect any fee. Initially, they “work for free.”
Housing Finance Watch and Inflation Watch (Week 44, 2022)
The 10-year old seller’s market is showing its age, with moderate purchase volume declines due to sharply higher rates & a cumulative 37% increase in constant quality HPA since Jan. 2020.
NYC LOCAL LAW 33 ENERGY SCORE DEADLINE APPROACHING
The Oct. 31 deadline for building owners to post their Energy Efficiency Rating Label for 2022 is fast approaching. Scores for 2022 are scheduled to posted on the New York City website by Oct. 1.
Housing Finance Watch and Inflation Watch (Week 42, 2022)
Tight supply, the work from home revolution, & arbitrage opportunities due to metro & regional price differences are helping to extend the seller’s market, but this is likely to change with HPA peaking in July.
Land Use and Housing Affordability
The current lack of supply underscores the vast contrast with the previous major market downturn from 2008 to 2010, when inventory levels were four times higher than they are today.
Will you survive to 2025
What is the future role, job description, and skills sets required of the person we today refer to as a “real estate agent.”
Discover and Disclose Restrictive Covenants in Recorded Deeds
There’s a trend in states taking action to eliminate restrictive restrictions in recorded deeds. There may be a duty to discover and disclose
Increasing Housing Supply with SB-9 and SB-10 Summary – September 2022
The conversations and connections facilitated throughout the week highlighted the growing consensus across the political spectrum that building more market based housing supply is necessary to address the affordability crisis in California and to halt its spread to other parts of the nation.
YARDI ACQUIRES PLANIMETRON
When combined with CommercialEdge and the Yardi Elevate suite of asset management solutions, Space Manager will provide unprecedented visibility for marketing, leasing, forecasting, facilities and construction operations.
Housing Finance Watch and Inflation Watch (Week 40, 2022)
HPA declines seem most likely at the high end of expensive markets, at the low end of some FHA markets, and in metros with stagnating or declining job growth. We expect the national seller’s market to end in 2023.
Home prices decelerating by record amount, according to new report
In retrospect, I should have purchased more real estate during and after each recession
California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets
The Fed will announce another interest rate increase Wednesday, September 21st at 18:00 GMT.
Word is .75 to 1%.
No FSBOs on REALTOR Dot Com… Where and why did that rule originate?
A listing is more than a future commission. It is also a marketing asset of the broker, who spends time and money before she/he earns and before they collect any fee. Initially, they “work for free.”