| Housing Market Summary by Chunchi Ma 1. Although lumber price fell from $1686/thousand board feet to $1306 by mid May 2021, overall cost of construction cost has been still up 25-30% per CoStar, causing some developers to slow down on construction and delivery per CBRE.; read more… | June 1, 2021 |
| Housing Market Summary by Chunchi Ma 1. Airbnb boss said there is unprecedented pent up demand for leisure trip, making up for some of loss for business trips, which he believes will never the same as pre Covid; read more… | May 27, 2021 |
| Housing Market Summary by Chunchi Ma 1. Tax reform bill is being fast forwarded in DC, there are multiple hearings in House and Senate on tax proposal from Biden, things are moving faster than we thought, might be in tax reconciliation by Sept ; read more…. | May 19, 2021 |
| Housing Market Summary by Chunchi Ma: 1. Former WaMu CEO sees a housing bubble forming due to Fed is hooked on low rate and let asset bubbles to run wild before they popped; read more…. | May 18, 2021 |
| Housing Market Summary by Chunchi Ma 1. NAHB index remains at healthy 83 in May same as Apr, housing construction material cost up 12% YOY; read more… | May 17, 2021 |