Category: Monthly Statistical Update

30-year FRM rates have a story to tell; ARMs poised to shift lender risks to homebuyers; The 10-year Treasuries and FRM rate spread suggests rates will rise

The yield spread forecasts no double-dip recession; Stimulus payments distort personal savings rates; Rising home sales volume: a mirage?

Mortgage rates rise from historic lows; Pre-2021 rise in buyer purchasing power is done; Home prices are in bubble territory, again

For-sale inventory hits new lows; Stocks and home price bubble detached from recessionary reality; A long road ahead for California’s jobs recovery

Residential construction declines, despite rising demand; Population growth exceeds new housing; Homeownership declines for the young

As other economic measures improve in 2021, individual Californians struggle with lost income; For Californians to again achieve income equality, California’s GDP needs reallocation to our workforce; Introducing the SOFR for ARMs, the replacement for the corrupt LIBOR

Fixed rate mortgages continue on toward new lows; Interest rates hold onto their cyclical bottom; The LIBOR is going, going…

A second jobs recovery is needed to sustain the housing market; Californians drop out of the labor force; California home prices jump with low turnover and lower interest rates

Sales volume’s magnetic pull on home prices; The mean price trendline: the home price anchor; The higher risk and lower purchasing power of a small down payment

Buyer Purchasing Power Index (BPPI) rises with falling interest rates; Home sales volume succumbs to economic pressure; Home prices continue to defy gravity

30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall

California construction still insufficient; First-time homebuyer population grows, homeownership slows; California’s population growing at a slowing pace