April Existing Homes Sales Up 9.7 Percent From April 2012 — Prices Up 11 Percent April 2013 vs. April 2012

Posted by on May 24, 2013

Housing continues to ascend in both numbers and values in April 2013 as reported by the National Association of Realtors®. Existing home sales jumped 9.7 percent from April 2012 to April 2013, now at a seasonally-adjusted annualized rate (SAAR) of 4.97 million The number of… Read more

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Another Top-10 List: The Hottest Housing Markets in 2013

Posted by

Ted C. Jones
May13
2

Let’s commence the discussion today on axioms. An axiom is defined as that which is evident. Axioms are also an anchor or starting point on which to logically build. I had a land economics professor at Texas A&M (Dr. Ivan Schemedemann) whose primary axiom was… Read more

Another Top-10 City List: Top One-Way Rental Truck Destinations and Growth Markets in 2012

Posted by

Ted C. JonesTed C. Jones
May11
0

As the U.S. economy and housing markets recover, Americans are once again moving. An excellent proxy of where things are happening are the number of one-way truck rentals. U-Haul tallied 1.6 million one-way rentals in 2012. One-way truck rentals are indicative of people relocating, most… Read more

Another Top-10 List: Best Markets for Flipping Houses

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Ted C. JonesTed C. JonesTed C. Jones
May10
0

Where today can you make the best profits when flipping homes? To answer that, RealtyTrac, which offers a wealth of data in housing and mortgage markets, dug deep into housing sales across the country. Rising home prices continue to support flipping, when properties often resell… Read more

Another Top 10 List: The Best Jobs in the Country

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Ted C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr29
0

Following up from the previous post about the 10 worst jobs in the country, let’s talk the positive. And that posting for me was not pretty. Economists ranked 120 out of 200. Behind morticians, fork lift drivers—even accountants. Dang. So what are the best jobs?… Read more

Another Top 10 List: The 10 Worst Jobs of 2013

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr26
8

There are certain jobs that most of us (at least those that have jobs) would not want to do. CareerCast.com’s annual jobs report analyzed specific jobs based on what they called core criteria. These included the work environment, stress, income and the hiring outlook. Data… Read more

The U.S. is Systematically Under Building Housing — Rising Home Prices, Sales and Rents

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr25
0

Just a few years ago, U.S. housing markets in aggregate were overbuilt, and that was reflected in declining rents, home prices and home sales. What has happened in the interim has been a quicker than anticipated absorption of surplus property, and when viewed in today’s… Read more

Don’t Tell Me What You Did For Me Today–Tell What You’re Going to Do Tomorrow — Housing Markets, Wall Street and Life

Posted by

Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr24
1

There’s a real dilemma as an investor relations person when it comes to Wall Street and your company’s earnings performance. If you have a bad quarter and fail to meet expectations, the market will react negatively and essentially punish your stock price – sometimes literally… Read more

Housing Markets Recovery — Still on the Flight Plan But With Some Light Turbulence

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr23
0

March existing home sales, as reported by the National Association of Realtors® (NAR) , showed good improvement compared to March 2012, with sales on a seasonally-adjusted annualized rate (SAAR) up 10.3 percent to 4.92 million, while median price jumped 11.8 percent to $184,300. These are… Read more

Another Top-10 List: Best Markets for Investors in Residential Properties

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr22
0

As an appraiser and investor, I have always stated that a residence, to be truly considered an investment, must rent for at least 1 percent of its market value each month.  I can recall in 1990 traveling in a shuttle van in Oahu, Hawaii, with… Read more

Another Top 10 List: States With the Greatest Statutory Marginal Income Tax Rates in 2013

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Apr20
0

I promise this is the last blog posting (at least for this week) reviewing, examining and comparing income taxes.    While most Americans either file their taxes or an extension on or before April 15th,  their income tax obligation did not necessarily end with the IRS. … Read more

2011 State Per Capita Income Levels and Growth Rates -- That Light at the End of This Tunnel is Not Another Train

0 3734 by Ted C. Jones on Apr 09, 2012 If an economic recovery was predicated on rising per capita personal income levels, then you would pronounce the recession over and good news ahead.  The U.S. Bureau of Economic Analysis has recently

10-Year Treasury Rates and 30-Year Mortgage Rates

6 2427 by Ted C. Jones on Mar 17, 2009 For the past 36 years the spread between 10-year Treasury note rates and 30-year residential rates on a monthly basis has averaged 1.7 percent or 170 basis points. The current spread between the two i

10 Cheapest Housing Markets

8 934 by Ted C. Jones on May 31, 2011 While the housing market plunge has evaporated the wealth and investment on million of American households, at the same time depressed prices have made the some of the buying opportunities in perhaps

Commercial Real Estate Returns for the Past 10 Years

8 920 by Ted C. Jones on Mar 23, 2012 The National Council of Real Estate Investment Fiduciaries (NCREIF) is a non-profit  trade association for pension funds and other tax-exempt investors in real estate created to aggregate and report

Home Prices – Are We There Yet?

76 906 by Ted C. Jones on Oct 09, 2008 Any parent who has ever been on a trip with a child knows the all too frequent question of “Are we there yet?” That question is no longer exclusively relegated to children on trips—it is now the

Postponing a Home Purchase Waiting for Home Values to Decline Further May Price You Out of the Market

23 845 by Ted C. Jones on Apr 02, 2009 U.S. home prices have declined across the nation in the past year—albeit at varying levels.  Latest national price declines (and again I invoke the TINSTAANREM Clause — There Is No Such Thing As

10 Worst College Majors -- You Do Not Necessarily Get What You Pay For (or borrow for)

0 805 by Ted C. Jones on Oct 31, 2012 When I was Chief Economist at the Real Estate Center at Texas A&M University, I also had the opportunity to serve for two years as President for the campus-wide academic honor society, Phi Kappa Phi.

Why Interest Rates Will Rise — Japanese Yen Reaches 15-Yr High Versus US Dollar

4 785 by Ted C. Jones on Sep 14, 2010 Yesterday the U.S. Dollar fell to the lowest level in 15 years when compared to the Japanese Yen, closing at 83.3 Yen per U.S. Dollar. This has both positive and negative ramifications. From a trade

HARP 2.0

8 743 by Ted C. Jones on Dec 02, 2011 Fannie, Freddie & MBA Forecast Changes Oct 2011 to Nov 2011 The President announced a change to the HARP program (essentially loan modifications to borrowers with loans that are currently held by F

The Fuse is Burning and Time is of the Essence -- The Pending Expiration of the Mortgage Forgiveness Debt Relief Act

6 719 by Ted C. Jones on May 16, 2012 The clock is ticking for individuals either facing foreclosure or that are underwater and desire to complete a short sale of their primary dwelling, in regards to any debt forgiveness.  What may not

Home Prices – Are We There Yet?

76 by Ted C. Jones on Oct 09, 2008 Any parent who has ever been on a trip with a child knows the all too frequent question of “Are we there yet?” That question is no longer exclusively relegated to children on trips—it is now the

THE Solution

63 by Ted C. Jones on Oct 24, 2008 Before you get to the solution you first must accurately define the problem. As The Wall Street Journal pointed out this past week, we are merely treating the symptoms of the financial crisis and not

Postponing a Home Purchase Waiting for Home Values to Decline Further May Price You Out of the Market

23 by Ted C. Jones on Apr 02, 2009 U.S. home prices have declined across the nation in the past year—albeit at varying levels.  Latest national price declines (and again I invoke the TINSTAANREM Clause — There Is No Such Thing As

February 2012 Existing Homes Sales Best February in Five Years - Housing Market Continues Recovery

12 by Ted C. Jones on Mar 23, 2012 The National Association of Realtors® reported February 2012 homes sales of 4.59 million on a seasonally-adjusted annualized rate—a gain of 8.8 percent when compared to February 2011.  That’s re

10 Cheapest Housing Markets

8 by Ted C. Jones on May 31, 2011 While the housing market plunge has evaporated the wealth and investment on million of American households, at the same time depressed prices have made the some of the buying opportunities in perhaps

HARP 2.0

8 by Ted C. Jones on Dec 02, 2011 Fannie, Freddie & MBA Forecast Changes Oct 2011 to Nov 2011 The President announced a change to the HARP program (essentially loan modifications to borrowers with loans that are currently held by F

Commercial Real Estate Returns for the Past 10 Years

8 by Ted C. Jones on Mar 23, 2012 The National Council of Real Estate Investment Fiduciaries (NCREIF) is a non-profit  trade association for pension funds and other tax-exempt investors in real estate created to aggregate and report

Commercial Real Estate Market Cycles by Dr Glenn Mueller at Dividend Capital

8 by Ted C. Jones on Jun 04, 2012 Each quarter, Dr Glenn Mueller at Dividend Capital updates his outstanding report on commercial real estate market cycles.  He segments his reports to five separate commercial property types in more

Another Top 10 List: The 10 Worst Jobs of 2013

8 by Ted C. Jones on Apr 26, 2013 There are certain jobs that most of us (at least those that have jobs) would not want to do. CareerCast.com’s annual jobs report analyzed specific jobs based on what they called core criteria. These

10-Year Treasury Rates and 30-Year Mortgage Rates

6 by Ted C. Jones on Mar 17, 2009 For the past 36 years the spread between 10-year Treasury note rates and 30-year residential rates on a monthly basis has averaged 1.7 percent or 170 basis points. The current spread between the two i