Sunday , 26 April 2015
Home » Housing Forecasts » Forecasts

Forecasts

Take a Closer Look at the Spring Boomlet: It’s a Remarkable Start

Take a look

It’s official.  Early signs and forecasts of an extraordinary sales season are proving to be true.  NAR’s March existing home sales rocketed to their highest annual rate in 18 months. Total March sales increased 6.1 percent to a seasonally adjusted annual rate of 5.19 million in March from 4.89 million in February—the highest annual rate since September 2013 (also 5.19 ... Read More »

HELOC Resets? No Worries!

noworries

Perhaps you’ve seen the headlines crafted to conjure up fearful memories of Alt-A and Option ARM loan defaults during the depths of the housing depression. Tidal wave of HELOC resets about to hit! HELOC Resets Will Undermine Any Housing Recovery. Boom-Era HELOC Resets Raise Concerns. Not to worry.  Home Equity Line of Credit (HELOC) resets are not going to cripple the housing ... Read More »

CoreLogic Kicks off 2015 in Style

fred astaire

CoreLogic reports shows that home prices nationwide increased 5.7 percent in January 2015 compared to January 2014. This change represents 35 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide increased by 1.1 percent in January 2015 compared to December 2014*.  Some 27 states and the District of Columbia are at or within 10 ... Read More »

Forecast: Rents to Rise until 2017

crystal ball

Rent increases aren’t likely to ease up for at least two years, according to the latest Zillow® Home Price Expectations Survey of 101 economists and experts conducted quarterly by Pulsenomics LLC.  Survey respondents were asked “How much longer to you expect rental affordability to continue deteriorating?” Of those with an opinion, 5 percent said less than one year, 33 percent said ... Read More »

What’s Happening to the Most Important Homes in Real Estate?

th (2)

  What’s really happening with homes in the bottom price tiers? These are the most important homes in the entire real estate economy.  They are where the housing ladder begins: they are then entry point for new buyers, the starter homes that MUST be available and affordable for Millennials if the housing economy is to ever function again as it ... Read More »

Ready to Rumble in 2015?

dreamstime_xs_5397138

When home sales unexpectedly plummeted in November, the housing recovery entered the new year stuck in neutral.  Will sales switch gears and get revved up in the new year, regaining the roar of two years ago?  Or will they putt-putt along as they did in the pre-recovery years, every leap forward followed by a tire-burning skid? Economists making predictions for ... Read More »

Happier New Year?

2014

In an end of the year forecast, CoreLogic’s deputy chief economist came rang in a happy new year for the housing economy. Home sales will increase by 9 percent in 2015, housing starts are expected to grow 14 percent and home price growth is expected to moderate, predicted CoreLogic’s Sam Khater. “The lower-end home price category is growing faster than ... Read More »

Apartment Rents Soar Even HIgher

canstockphoto12153172small

Annualized effective rent growth rose to 4.7 percent in November, the biggest increase of the year and the highest since August 2011 when the rate measured 5.0 percent. According to research from Axiometrics, November’s rent-growth rate was a 38-basis-point increase from the 4.3 percent recorded in October and the largest growth margin since the 39-bps increase from February-March 2011 (4.6 percent ... Read More »

Rents Rise, Ownership Costs Fall, Part Deux

dontfprgetrent

The squeeze renters will feel over the next twelve months will not be pleasant, especially for lower income renters.  But those who can afford to buy in 2015 have multiple incentives to do so, beginning with their monthly rental bill. In a new piece of research on the dynamics of renting vs. buying, Zillow’s economists have update the numbers on ... Read More »

Are You Ready for the Next Boom?

canstockphoto10203534

According to a new study from the New York Federal Reserve the best way to stimulate demand is to reduce down payments, a strategy that’s more effective than lowering interest rates–whicb is probably obvious to most street Realtors.  Now it can be proved scientifically. The Fed economists queried prospective buyers to determine their willingness to buy a home under different ... Read More »

Earn a 25% Commission Rebate on Any Home Purchase!

Hide