Posts From Michael Anderson
Mortgage Standards Set to Loosen
In what could potentially be a major catalyst for the housing market, new guidelines – meant to provide greater clarity as to when Fannie Mae and Freddie Mac can force
Foreign Investors Pulling Back
There is no doubt that the foreign investor has played an out-sized role in the high-end of the housing market over the past few years, but their willingness to keep
2015 Housing Forecasts
Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General
Homebuilder Confidence Up
The NAHB Homebuilder Confidence Index moved up to 58 in November from 54 in October which marks the second-highest figure since the peak of the market in 2005. Builders nationally
Leader of the Pack
Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it
Homebuilder Stock Buying Season
Just as there is seasonality with regard to home sales, with much of the annual activity occurring during the “spring” selling season (typically between after the Super Bowl through August),
Tight Mortgage Standards Hold Back Bottom End of Housing Market
In what is one of the primary themes running through the current housing market, tight credit standards continue to constrain lower-income buyers from purchasing homes. Compounding the impact of the
Homebuilder Confidence Strong
The National Association of Homebuilders reported, on Wednesday, September 18th, that its builder confidence index was at a nine-year high of 59. From the perspective of the builders, it appears
Another Elephant Hits the Market
Pacifica San Juan, a well-located, prime piece of Southern California real estate in San Juan Capistrano, hits the market. Set across 250 acres and comprising 318 lots, the project is
Mothballed Riverside Mega-Project Comes Back to Life
Spring Mountain Ranch, in the City of Riverside, a 1400-unit mothballed housing development begun during the last housing cycle, sees renewed activity with KB Homes, in a joint venture with