CategoryPolitics/Governance/Management

DC Housing Is Not For U.S., By George

DC Doesn't Have Outlandish Political Housing Market Cycles DC Is Experiencing The Shift To Luxury Demand Expected Nationwide There Is An Expectation Of A Wider Wealth Gap In Housing Coming Soon I must confess that I'm not a native New Yorker, but I feel like one after moving there 40 years ago. My teenage years were spent in Bethesda, Maryland, and one of my parent's homes was literally on the D...

Future HOA Membership Is A Growing Part Of Home Ownership Costs

More Than 80% Of New Home Sales Enter Homeowner Associations (HOA) The Implementation Of Tariffs Across The Economy Will Snuff Out Rate Cuts Financial Markets Tend To Be Wrong About Future Fed Cuts I started writing this post thinking about the greater cost of homeownership we've experienced through larger homeownership association (HOA) costs higher mortgage rates, rising property taxes, and...

Whether Your Tribe Was A Winner Or Loser On Election Night, Let’s Not Talk About It Today

The Election Impact On The Housing Market Probably Hasn't Changed Much Polling Data Reliability Is Terrible And Should Be Considered Worse Than Survey Data Housing Note Readership Is Up! I'm still processing last night's election results and what it all means so forgive this light post. Talking about the housing market today seems almost trivial. I look forward to shifting gears a bit in my next...

Following Up On Post-Election Interest Rate Direction

The Iowa Poll Results Suggest The Polymarkets Are Way Off Election Outcome Probably Had A Big Impact On The Direction Of Mortgage Rates Betting Markets Still Seem Dicey On Political Topics I got a ton of feedback on last Friday's post: Why Are Mortgage Rates Rising Since The Fed Rate Cut? Blame Offshore Crypto Trading. Since Tuesday is election day, it is the only thing most participants in the...

Why Are Mortgage Rates Rising Since The Fed Rate Cut? Blame Offshore Crypto Trading.

Mortgage Rates Have Risen Sharply Since The 50 Basis Point Cut In September GOP Economic Policy Centerpiece Are Tariffs Which Are Inflationary Polymarket Offshore Trading Has Been Manipulated And Consider As Basis For GOP Win What? Many in real estate have been scratching their heads a lot lately. The Fed implemented a 50 basis point rate cut in midSeptember yet mortgage rates have risen for five...

HOAs Gone Wild Can Adversely Impact A Home’s Market Value

• HOAs Take Some Of The Bundle Of Rights Away From Property Owners
• If The HOA Rules Seem Unreasonable, They Might Deter Buyers, Hurting Values
• Higher Monthly HOA fees Are Usually Inversely Related To Property Values

Election Year Home Sale Blues

• Home sales slow during federal election years, from added uncertainty in the market
• Party or candidate doesn’t matter – just another decision for markets to process
• Sales slow from the July 4 holiday to election day and then rebound immediately