Liu-Down

Genworth Mortgage Insurance Chief Economist. I tweet #economy, #mortgage, #housing, all things #first-time homebuyer, and my views.

[Liu-Down @LiuEcon]

The Ninth Edition of the First-Time Homebuyer Report is out! A slower start to the year, but affordability improving for the first time in 3 years. Check it out here: https://t.co/w0IL3AmRsr

[Liu-Down @LiuEcon]

Housing market weakness in Q4 more widespread than just SALT states: 35 states reported fewer sales to first-time homebuyers compared to a year ago. https://t.co/RBJgvjuQSj @GenworthMI @PowerLunch

[Liu-Down @LiuEcon]

Freesolofilm contains an important first-time homebuyer story. @AlexHonnold lived in a van for years to pursue his passion for climbing. Buying later in life enabled him to become one of the best climbers in the world.

[Alex Honnold @AlexHonnold]

What a way to finally end the freesolofilm tour! We won an Oscar!!
Technically, sannimccandless and I didn’t win anything since we were only the subjects of the film. But we… https://t.co/rMYvg749ky

[Liu-Down @LiuEcon]

The Eighth Edition of the First-Time Homebuyer Report is out! 2018 saw the most first-time homebuyers since 2006, but the worsening affordability pressured the market in Q4. #GenworthMI
https://t.co/ISXbTiTiDq

[Liu-Down @LiuEcon]

Read the Daily Shot for key charts from the Q3 First-Time Homebuyer's Report. https://t.co/03xm1Z1lXx

[Liu-Down @LiuEcon]

One of the central message of this report is that growth in the first-time homebuyer market is becoming less uniform. Nineteen states saw fewer first-time homebuyers this quarter compared to a year ago.

[Brittany Flowers @Brittle_B]

Learn more in @GenworthMI's 3rd quarter First-time Homebuyer Market Report, authored by Chief Economist @LiuEcon https://t.co/iRfrkvVvPE

[Liu-Down @LiuEcon]

The Seventh Edition of the First-Time Homebuyer Report is out!
Here is my favorite chart in this report:

https://t.co/nIRjw0XpJe

[Liu-Down @LiuEcon]

Thanks for having me on the show tonight talking about #FirstTimeHomebuyers !

[Sanchez Wealth Management, LLC @jonsanchezshow]

How important are #FirstTimeHomeBuyers to the health of the housing market? Very important! Tonight on the #JonSanchezShow @ 5pm we will be joined by Tian Liu, Chief Economist at @GenworthMI. He’ll explain why they are critical to the health of the housing market @NewsTalk780KOH

[Liu-Down @LiuEcon]

Many good pieces on the 10th anniversary. For an economist, it is a privilege and pure luck to be specializing in housing.

[Nick Timiraos @NickTimiraos]

Ten years ago https://t.co/XB056OoXUt

[Liu-Down @LiuEcon]

Atlanta Mayor - “I told them, ‘If you live on the Westside of Atlanta, do not sell your property right now,’ ” It is happening across the country, sales to repeat buyers have been flat since 2014. https://t.co/5sf94mcNSI via @WSJ

[Liu-Down @LiuEcon]

6/6. Monthly mortgage payments for first-time homebuyers increased by 12.6 percent year-over-year.

[Liu-Down @LiuEcon]

The Sixth Edition of the First-Time Homebuyer Report is out!
Six quick facts:

1/6. 572,000 first-time homebuyers in Q2, up 1% y/y

[Enact Mortgage Insurance @EnactMI]

We've released the 6th edition of our Chief Economist's First-time Homebuyer Market Report. Is the housing market in a bubble? What mortgage market trends are being driven by first-time homebuyers? Find out these answers & more: https://t.co/pAbBhMQvvd #GenworthMI @LiuEcon

[Liu-Down @LiuEcon]

5/6. First-time homebuyers paid 4.77% on a 30 year fixed rate mortgage during Q2'18 compared to 4.30% during Q2'17.

[Liu-Down @LiuEcon]

https://t.co/IKcalTIdG3 https://t.co/i76aCOkhLZ

[Liu-Down @LiuEcon]

Compared to the historical average of 17%, new homes command a premium of 28% today, a decade after the Housing Bust. Consolidation in the homebuilding industry is an important reason.

[Nick Timiraos @NickTimiraos]

The housing bust and its long aftermath washed out a lot of homebuilders, which helps explain supply challenges in an industry that has traditionally had low barriers to entry https://t.co/KpfJp8X6fC

[Liu-Down @LiuEcon]

Goodbye to Sunday morning economics https://t.co/aYLIlPOyKI via @FT

[Liu-Down @LiuEcon]

May was one of the best months for housing starts and new home sales since ‘07. But existing home sales remained weak.
https://t.co/f9blNbC9Sj