News
Housing Notes Roundup - The Last 5
4+ hour, 53+ min ago (359+ words) Declining crime rates since the mid1980s have played a major role in NYC's housing boom, explaining roughly onethird of the city's price growth as safer neighborhoods attracted residents and investment. Research (notably the 2003 NYU/Furman Center study) shows that falling violent…...
There Is No National Housing Market
5+ day, 1+ hour ago (324+ words) Time to read [6 minutes] Buyers and sellers favor whatever data supports their side. National housing numbers are macro PR tools and do not explain what is happening in a specific local market. Different index methods change the lens on prices,…...
The End Of Falling Mortgage Rates?
3+ week, 4+ day ago (608+ words) Time to read [11 minutes] The White House's political pressure on the Federal Reserve to lower interest rates, including DOJ threats against the Fed Chair, shows a fundamental misunderstanding of monetary policy and risks damaging the Fed's credibility, likely pushing rates…...