Home Sales Down -11% from Year Ago, Condos -23%, but Bounce off Lockdown-Lows by Wolf Richter • Jul 22, 2020 • 85 Comments More signs of a move from the cities to the suburbs? Supply of houses is tight; condos are piling up.
“Pent-up Supply” Floods San Francisco Housing Market, Most Since Housing Bust by Wolf Richter • Jul 17, 2020 • 187 Comments Sellers are suddenly coming out of the woodwork. Housing market is having a moment.
It Starts: Mortgage Delinquencies Suddenly Soar at Record Pace by Wolf Richter • Jul 14, 2020 • 249 Comments And this is just for the very beginning of the Pandemic’s impact on housing.
US House Prices to Drop 6.6% by May 2021, First Annual Decline since Jan. 2012: CoreLogic, Owner of the Case-Shiller Index by Wolf Richter • Jul 7, 2020 • 176 Comments And this, after years of being unwaveringly bullish in its housing market predictions.
Massive Shifts Underway, Rental Market Reacts in Near-Real Time: Rents Plunge in San Francisco & Oil Patch, Drop in Expensive Cities. But Long List of Double-Digit Gainers by Wolf Richter • Jul 1, 2020 • 106 Comments Rents in San Francisco are still crazy-overpriced.
There Sure’s a Lot of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning by Wolf Richter • Jun 30, 2020 • 131 Comments No, it’s not yet a reflection of home prices during the Pandemic. Be patient. Reporters or spaghetti-code algos should have read the methodology before misleading their readers.
Pending Home Sales Bounce Off Brutal Low, Still -11% from February, -5% from May Last Year by Wolf Richter • Jun 29, 2020 • 131 Comments The market is facing a historic mess.
Sales of New Houses Rose Off Multi-Year Low, as Sales of Existing Houses & Especially Condos Plunged. What Gives? by Wolf Richter • Jun 23, 2020 • 72 Comments If the pandemic changed where Americans want to live – dense urban centers or suburbs – it will be one of the most far-reaching developments.
Home Sales Plunged Most since 2008, Condos -41%. First-Ever April-May Price Drop in Normally Red-Hot Spring Selling Season by Wolf Richter • Jun 22, 2020 • 172 Comments First signs of a very slow-moving mess.
The Bell Rings for San Francisco by Brendan Connellan • Jun 12, 2020 • 366 Comments The kids are jumping ship and they’re not coming back.
