Posts by alex@bigchiefcreative.com
Home Builder Price Reductions Over Last Three Months
John Burns is a highly regarded aggregator of insightful and timely data on the Housing industry. On a cautionary note, the industry is a million zip codes and activity can be uneven within different markets. The market has clearly “hit a wall” with no relief in sight anytime soon although prices will rebound at some…
Read MoreWhy Is Housing So Expensive?
This podcast should be required listening for all of us involved in the housing sector. While perhaps counterintuitive, could well-intended state, municipal, and local progressivism be at the heart of our current “housing crisis”? The five states with the highest rates of homelessness (and the biggest affordability problems) are CA, OR, WA, HI, and NY. Major…
Read MoreAre We There Yet?
Article via Gavekal Research As young parents, my wife and I would bundle our four children into the car for a nine hour drive to my parents’ house in southern France. Mere minutes after starting on the road, at least one child would ask a question that the others would often repeat throughout the journey: “Are…
Read MoreIs Housing Ready For A Price Adjustment?
Homeowners may be feeling rather well off but fast price runups in the past have led to fairly painful decreases when market enthusiasm wanes. John Wake, a Phoenix based real estate analyst shared the information below (Find John on Substack HERE). Yikes!The U.S. Real Mortgage Payment Price is now higher than at the peak of the…
Read MorePension Funds Continue To Increase Real Estate Allocations
Pent-up demand to deploy capital during the pandemic has driven a surge in new investment activity, with record amounts of capital raised in 2021. Now, pension funds are striving to hit their target allocations to commercial real estate, as real estate is considered a diversifier against market volatility within institutional portfolios, a source of durable…
Read MoreAre Inflation And Increasing Mortgage Rates Dampening Demand As Disposable Income Erodes?
Faster inflation and strong U.S. economic growth are sending the 10-year U.S. Treasury rate up. The 10-year Treasury is now above 3 percent — the highest since 2018. Historically, the 10-year yield is also as a proxy for mortgage rates. Meanwhile, the Federal Reserve raised its target federal funds rate by a half point in May…
Read MoreNo-fault Eviction Ordinance Passed In San Diego — Increasing Investor Risk?
The California legislature passed a statewide eviction moratorium extension on March 31, 2022 for certain tenants who have applied for rental assistance on or before that date. The moratorium is set to expire on June 30th. In late April, the San Diego City Council followed suit when it voted to enact an eviction moratorium that…
Read MoreFreedom Financial Ceo Is Featured Guest On The Capital Playbook Podcast
During the recent Mortgage Bankers Association’s CREF22: Commercial/Multifamily Real Estate Finance Convention & Expo in San Diego, California, Freedom Financial Funds CEO Michael Klein sat down for a discussion with Charles Williams, founder and CEO of Pioneer Realty Capital and host of financial podcast The Capital Playbook. Klein shared a glimpse of his professional journey,…
Read MoreAffordable Housing – Is There A Renewed Role For Ownership Housing?
LAI International, through its global initiative, is engaging members in a series of webinars on affordable housing. Opening the series on 2021-12-03 was a webinar featuring Howard Husock, New York chapter member and author of a recent book ‘The Poor Side of Town, and why we need it’, in conversation with Phoenix member, and…
Read MoreFortify Holdings Creates Affordable Housing For Displaced Oregon Families
Following the devastating Almeda Fire that swept through the Rogue Valley on the morning of September 8, 2020, developer Fortify Holdings partnered with the Oregon Department of Human Services (ODHS), Rogue Community Health and ACCESS to create affordable housing for displaced families. While the ODHS provided short-term shelter to survivors after the fires, long-term solutions…
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