Interest rates favor buyers for now, signal recession to come; Monthly Statistical Update (August 2019)
FRM interest rates now cheaper than ARMs; Buyer Purchasing Power rises in 2019; Negative yield spread forecasts recession
Read More
Tag: buyer purchasing power (BPP)
Who’s got the pricing picture right?
Getting good information about real estate prices is harder than you think.
Read More
Job growth limps into 2014, Weekly Statistical Update 01/06/2014
Job growth limps into 2014; Jobs sputter towards recovery; Buyer purchasing power has gone negative; Consumer sentiment reflects mixed signals
Read More
Rising mortgage rates make for a “bumpy” 2014
Since the Wall Street Journal agrees, we thought we ought to say it again: rising mortgage rates in 2014 will perpetuate the bumpy washboard ride of home sales demand.
Read More
Positive equity, proceed with caution
Homeowners gained trillions in positive equity over 2013. Will it last?
Read More
A glance back and a glimpse of the future: first tuesday’s 2013 year in review
For our 2013 year in review, we look back over a year rife with risky speculation, serious price inflation, discontent with the trade unions and some robust of regulation.
Read More
Press Release: Buyer purchasing power index at its lowest
The buyer purchasing power index was -10.44 in November 2013.
Read More
Press Release: Buyer purchasing power index falls further
The California buyer purchasing power index (BPPI) decreased to -10.33 in September 2013. first tuesday forecasts the BPPI will remain negative through mid-2014, when it will likely return to zero, stopping a year-long loss of buyer purchasing power.
Read More
Subsidize the down payment, not the mortgage
Hey Congress! Subsidize this!
Read More
Falling incomes, falling prices
The 1% is recovering from the Great Recession just fine, but incomes for the rest are flat. How will this gross income inequality affect California real estate prices?
Read More
