Takeaways: Factors including the housing bubble popping, student loans and lack of jobs have led people to downsize. Another reason people look to tiny homes is the desire to lessen one’s carbon footprint. Due to economy, environment and a back-to-basics mindset, the tiny home movement isn’t just a trend —…
Takeaways: The Chinese stock market has lost 30 percent of its value and continues to see major swings. More then half of Chinese citizens are now considering buying foreign real estate. Different segments of the Chinese will invest in various ways. As the Chinese stock market has lost 30 percent…
Long-term Treasurys are sliding down in yield again, holding low-fee mortgages in the high-threes. This improvement has been caused by several things, all reinforcing each other, and is likely to continue. However, in the background lies an enormous contradiction that is clearly troubling long-term markets. First things first. Way back…
This is chess, not checkers Lots of very smart people are scrambling to figure out the changing dynamics of online real estate listings and advertising. The end of the ListHub deal with Zillow has muddled the situation as Z furiously cuts deals with individual MLSs as the clock runs out…
Most Americans are thrilled by the 50 percent reduction in prices at the gas pump. The strong U.S. dollar also helps our purchasing power for products manufactured outside the U.S. The real question is to what extent these shifts will positively or negatively affect the real estate industry. No matter…
First the facts, then the ponderables. Long-term U.S. interest rates fell again today, now to a 20-month low. The 10-year T-note broke through the 1.7 percent prior low to 1.66 percent, down from 1.85 percent on Monday and from 2.3 percent in Christmas week. Meanwhile, on Wednesday the Fed affirmed…
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