Tag Archives: Case-Shiller
Measuring Home Prices
Compared to stock and bond markets, where prices update continuously throughout the trading day, the value of residential real estate is hard to observe; and while one buyer’s shares of stock XYZ are interchangeable with another’s, houses are not similarly fungible. Yet the value of an investor’s house is often a significant component of his…
- Categories Thematics
- Other Tags
Price-to-Rent as an Overvaluation Metric
Market Conditions Indicator and price-to-rent can locate overheated metros The S&P CoreLogic Case-Shiller Index has documented that home prices have risen in all metropolitan areas over the last few years. While price gains vary considerably across urban markets, some places have had especially rapid appreciation that put values above their pre-Great Recession peak, even after…
- Categories Equities
- Other Tags
To Have and to Hold in Residential Real Estate
Homeowners choose the time to sell their home for various personal and socioeconomic reasons but also for financial considerations such as mortgage rates, tax consequences, current property values, and the holding period. The holding period is the time frame between the day the residential property was purchased to the day it was sold. The general…
- Categories Uncategorized
- Other Tags
- Categories
- Uncategorized
- Other Tags
A Week of Auctions and Announcements
The S&P/BGCantor Current 10 Year U.S. Treasury Bond Index closed last week up 0.12%. January’s Housing Starts number of 880k fell well below the 950k expected number and the prior revised level of 1048k pushing Treasuries up for the week. The question was how much of the number was due to harsh winter weather or…
- Categories Fixed Income
- Other Tags
- Categories
- Fixed Income
- Other Tags