2015 has been filled with stories about how housing starts have missed the mark.

Fingers have pointed to shortage of lots, shortage of labor and even high construction cost. According to John Burns Real Estate Consulting, the answer might be simpler than we think. A research note published last week illustrated that many markets in California now have median new home prices above GSE conforming loan limits, making obtaining financing harder […]

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Abundance of Capital with a Spotty Eagerness to Invest 

As we wrap up another year, questions are plentiful as to where we are in the real estate cycle. Traditionally, herd mentality seemed to rule and most market opinions remained consistent. Today, however, we hear perspectives across the board. Outside of the uncertainty relative to international capital flows, one potential driver of such discrepancy… life […]

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