Posts from December 2020
High-End Housing is Back, and For Now, It’s Outperforming
December 17, 2020 by Ryan McKeveny & Dennis McGill
Alongside the broad-based 2H20 surge in homes sales, home prices and housing demand more generally, a notable undertone has been relative outperformance within the high-end segment of the market. What had easily been the most subdued piece of the housing puzzle in 2018 and 2019 has shifted to an outsized contributor of growth...
Exploding Housing Demand Viewed in Different Context
December 10, 2020 by Dennis McGill
While robust for-sale housing demand of late has commonly been explained with a pandemic tilt, we believe that the vast majority of the strength has been catalyzed by record low mortgage rates. Not only have mortgage rates...
Immigration Policy Likely to be a Net Positive for Housing Under Biden
December 07, 2020 by Ivy Zelman, Dennis McGill & Alan Ratner
With President-elect Joe Biden set to occupy the White House on January 20th, there has been a lot of discussion about the potential impact of tax reform, student debt forgiveness and a proposed homebuyer tax credit on the housing market. Ultimately, a lot will depend upon the outcome of...
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