Matthew Ferrara, Philosopher

All posts tagged economics

What happens when you put Robert Shiller, Phil Angelides and a bankrupt San Bernardino government in the same room? The end of the American housing market, that's what.  Read more

Is there no limit to what federal and state governments will do to hurt the housing industry? After today's foreclosure settlement with banks, real estate professionals ought to be very, very worried.  Read more

Bloomberg Surveillance interviewed Jonathan Miller of Miller Samuel, Inc., last week. Too bad it was the Friday before Christmas, because Mr. Miller's message should have been heard by everyone interested in the housing market.  Read more

Could eliminating the mortgage interest deduction create a stronger housing industry? Definitely, if you focus on the economics of the future, not the traditions of the past.  Read more

Real estate agents have 35 days to get their sellers to price their homes right. After that, buyers are going to become even more scarce.  Read more

Some of us aren't surprised the $8,000 housing tax credits didn't work to increase demand, forestall foreclosures or create sustained prices stability. But the question now is: Does anybody care?  Read more

The housing market is experiencing a transformation of generational proportions. If these five headlines tell us anything, housing will never be the same. Have the lessons of the bust been absorbed by the industry, especially, those brokers still pining for things to change back?  Read more

It's common to hear agents, reporters and consumers complain that the housing market is being hurt because "credit is too tight." They make it sound like banks are being stingy, when in fact, credit isn't something the banks provide at all. Here's why.  Read more

A new report by the CBO says Fannie and Freddie actually hampered the mortgage backed securities market's recovery after the crisis. No kidding?  Read more

Imagine our surprise when the results of a Fannie Mae survey sounded like one of our recent postings. Apparently something big is happening with consumer attitudes and housing!  Read more

According to Pew Research, college grads borrowed a lot more this decade than a generation ago. When they come home for the holidays this year, it might be to stay for a whole lot longer. It also means the first-time home buyer patterns are changing once again in our country.  Read more

Too many REALTORS are in "lock-down" mode during the housing recession. But approximately 4.5 million homes will switch hands this year. Innovative brokers should be making a killing.  Read more

There's a simpler explanation why housing prices might be falling in some markets, but it only makes sense if you understand what "list price" means.  Read more

Contrary to popular belief, a wave of foreclosures would be the best solution for the housing market and the broader economy.  Read more

Don't expect housing to recover for years, if the trial lawyers have anything to say about it.  Read more