Subscribe to ‘Housing Notes’ to receive Jonathan Miller’s insights and research.
Canadian Housing Prices Have Increased 3X US Housing Prices Over The Decade Canadian Mortgages Tend To Have Adjustabare Rates, Making Consumers More Vulnerable To Inflation The Canadian Government Tracks Housing Prices, Only New Construction Tracked In US My mom was born in Montreal, and she immigrated to Connecticut when she was 13, so I've always felt an affinity towards Canada. When the...
Law School Enrollment Surging A Reliable Indicator Of Rapid Economic Deterioration Consumers Think The Economy Is Breaking Quickly Trade War SaberRattling Is Tanking The Economy Before you judge me, hold on a second! The economy is weakening rapidly, and layoffs are surging as the US pushes trade wars against all our longterm allies. Then I thought about one of my dad’s favorite sayings from a...
NYC Rentals Are Setting New Price Records As Mortgage Rates Remain Stuck Manhattan Is Not A Leading Indicator For The US Housing Market Multifamily Sales Are Expected To Go Big In 2025 Back in college, I remember reading a story about the first lead singer for Van Halen getting into a bar fight, saying his adversary’s problem was “more dental than mental.” I applied the literary flex to today's...
Redfin Snapped Up By Rocket Mortgage Becoming A Notable Threat To Zillow Redfin, The Discount Real Estate Broker, Never Figured Out How To Be Profitable Rocket Has Always Seemed To Defy Interest Rate Gravity And Redfin Has Great Tech Wow. Today is the birthday of the World Wide Web. No one saw the acquisition of Redfin by Rocket Mortgage coming, and perhaps that's what makes this transaction so...
Most Existing Homeowners Have A Low GoingIn Cost Basis And Are Paying Their Bills Tariffs Are A Policy Blunder That Will End Up Pushing Up The Cost Of Housing After All The Job Loss Expected From Tariffs, Mortgage Rates Will Probably Fall There’s a great article by Scott Galloway, a prolific book author and podcaster, on the crisis in housing. I’m a big fan of his Pivot Podcast with Kara Swisher...
Time Really Flies When You Write A Newsletter It's Been A Decade?!?!?!? WaPo Tracked DC Homes By Paint Color To Correlate With Gentrification Trends Like Exterior Paint Color Trends, We've Seen Plenty Of Emphasis On Interior Color Schemes On March 6, 2015, I sat down to write a newsletter different from my Matrix Blog after I grew tired of writing up to 5 blog posts a day since 2005. Housing...
Recession Talk Has Crept In To The Economic Conversation Chaotic Economic Policy Pauses The Consumer Recession Means Real Job Loss But Possibly Lower Rates Well, it’s been a chaotic 2025 so far with the uncertainty ratcheted up to sky and tariff policy’s blunt force trauma thrown against friends and neighbors. If you’ll recall, implementation of tariffs in 2018 specifically punished soybean...
SeatTime Is The Primary Emphasis Of Real Estate CE Classes CE Classes Are A Cottage Industry That Likely Doesn’t Try To Protect The Consumer Professional Competence Should Be Rewarded, Not Punished I’ve always been a fast test taker. I can’t explain it, but in high school and college, I was always one of the first students to turn in my exams. I’m certainly not the smartest, as my grades would...
Since 2018, submarkets that experienced falling prices accounted for more than half of all markets. The difference between the share of falling markets by price and rising markets widened significantly over the decade. Market optics of the highend market smothered the impressions of the overall market. Yesterday our Manhattan Decade report was featured online in the New York Times (free link) and...
Consumers Looking For Outdoor Space During The Pandemic Was More About The Suburbs Decorative Balconies Enable Occupants To Get Some Fresh Air Technically “Outside” Of Their Home Apartments With Outdoor Space Tend To Sell Faster Outdoor space is one of those things that is hard to value. Balconies as an amenity have quite the range from a place to store bicycles and BBQs to a place to throw keys...
The post 2-2025: Manhattan Months of Supply by Price first appeared on Miller Samuel Real Estate Appraisers & Consultants. [...]
