A lot of people are asking what I think will happen in the housing market in 2012. But rather than just give a laundry-list of predictions, I’d like to share my thoughts within the context of steps that different type of readers and clients may be considering. First, a general note on the housing market… [...]

Selling foreclosures in bulk to institutions is an example of crony capitalism at it’s worst. Keep in mind that our problem isn’t that selling homes locally and individually doesn’t work, it’s that Fannie Mae, Freddie Mac, the FHA, and TBTF banks simply haven’t been doing it. Diana Olick reports: The Obama administration, in conjunction with federal [...]

Apartments rents are rising quickly in the Bay Area. Economically – considering wages and employment, rents should be falling. The explanation that makes the most sense is that more people – the young, foreclosees, and short sellers – want to rent right now, and apartments are usually the least-expensive options in an area. It makes [...]

What utter spin. And this will no-doubt be spread throughout real estate offices and promoted by agents to potential clients. Here’s what Radar Logic sent me and the convenient data behind it. Did You Know…  Housing is Cheap! Considering the decline of home prices in recent years and the decline in mortgage rates to historic [...]

Citigroup banker and former Obama adviser Peter Orszag proposing transferring more taxpayer money to banks like Citigroup in order to “solve” our problem of excess houing inventory. Bankers and politicians are desperately trying to find a ways to sell millions of foreclosures without driving down home prices in the process. Not only would lower prices [...]