Concerning QE3, A Few Thoughts…

  I am not an economist, and I don’t play one on TV, and I didn’t stay at a Holiday Inn Express last night… but I kinda look like one. Plus, Seth Price of Placester isn’t an economist either as far as I know, although he’s a good friend who is not only brilliant but […]

Are Foreign Buyers the Only Healthy Sector of Real Estate Buyers?

  I’m in court all this week, so blogging can’t help but be light. But I did want to pass on an interesting conversation I had last night with a friend who is a Wall Street guy and a sharp reader of the economic scene. I asked him whether inflation expectations were influencing people with […]

Turns Out, Smart Money Does Know Things

On my 7DS blog, and on AOL, I wrote about the phenomenon of super-rich people paying cash for expensive ($5m plus) homes in California. And I wondered what it is that they knew that the rest of us didn’t. Here’s the post on 7DS, and here’s the one on AOL. Well, turns out, the rich […]

Cash Buyers, Inflation, and Real Estate

The recent news out of California, that cash buyers have set a record in home purchases, is the kind of news that makes me go Hmmmm. I wrote about it on AOL briefly, but wanted to dive into a bit more detail here. First, the news from the LA Times (h/t: Calculated Risk): All-cash buyers grabbed […]

Trulia’s Rent vs. Buy Index: Fun With Numbers

About a week ago, the good folks at Trulia released their “Rent vs. Buy Index” of the largest 50 U.S. cities by population.  The full list of the 50 cities is available here as a PDF.  Given the current economic trends, and the rising interest by consumers for rentals, this is a great time for […]

Trulia's Rent vs. Buy Index: Fun With Numbers

About a week ago, the good folks at Trulia released their “Rent vs. Buy Index” of the largest 50 U.S. cities by population.  The full list of the 50 cities is available here as a PDF.  Given the current economic trends, and the rising interest by consumers for rentals, this is a great time for […]