Archive for the 'debt' Category

Who needs a mortgage? Cash sales continue to dominate market while mortgage applications run near levels last seen in 2000. Housing starts remain weak and expectations for price increases run wild.


Phantom household formation and the inability of the young to purchase real estate: Will we see a resurgence of young homeowners buying homes?


California is no place for the young home buyer: Homeownership rate for young buyers takes biggest hit in California. Domestic migration out, international migration in.


Cash buyers reach record level of all home purchases at over 42 percent: 80 percent of all sales over past year in Irvine went to buyers from China?


The battle between traditional buyers and cash buyers: Cash buyers still make up over 30 percent of market and purchase applications fall to lowest level since December of 2000.


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