In an article entitled Great Time to Buy (Famous Last Words), last Sunday’s New York Times took a swipe at perennially optimistic real estate agents who have never seen a time that wasn’t a good time to buy a house. Fair enough. Self-interest and magical thinking are not limited to the real estate profession.
For the [...]
Is Now a Good Time to Buy?
March 15th, 2010 · 2 Comments
Tags: Economy
A Faltering Housing Market?
November 29th, 2009 · 1 Comment
George may have left office a year ago, but there appears to be a growing consensus that the likely shape of the recovery will be a “W.” How appropriate, if you believe that we are reaping the bitter fruit of his administration’s policies.
A front page article in the Business Section of last Wednesday’s New York [...]
Tags: Economy · Market news
Fears of a New Chill In Home Sales
October 29th, 2009 · No Comments
That was the title of an October 27 article in the New York Times, and, as one of my readers and clients pointed out, it’s what I’ve been tentatively suggesting as a possible scenario for this winter. See here, for example.
And, ironically, the gloomy head-line announced yet another “positive” month of data from the Case-Shiller [...]
Tags: Data · Economy · Market news
Maybe it’s time to buy that first house….
December 8th, 2008 · No Comments
That’s what New York Times journalist Ron Lieber discusses in Saturday’s Business Section. You can find a copy of the article here. Of course, nobody really knows where the real estate market is headed but Lieber suggests that now could be a good time to buy. Here are a few of the takeaways:
First-time home-buyers presumably [...]
Tags: Market news