Friday , 12 February 2016
Home » Housing Forecasts » Recovery Signals

Recovery Signals

Inventory Update: Get the Cavalry Ready

cavalry_charge

When we published “Will Sellers Step up the Plate in 2016? “two weeks ago December market report weren’t in yet and it was clearly too early to blow the bugle over the inventory picture for the coming season The reports are now in and hands are reaching for the nearest brass instruments.  Too many signals from too many sources are ... Read More »

Homeowners Still Overvalue their Homes

admin-ajax.php

Average appraised values in December were 1.8 percent lower than homeowners’ opinion of their home’s value, marking the 11th straight month when appraised values were lower than homeowners expected, although the gap between the two values has narrowed since August. The Quicken Loans’ national Home Value Index (HVI) – a measure of home values based on recent appraisals used in to ... Read More »

NAR Lowers Sales Forecast

shutterstock_225705646

The National Association of Realtors has reduced its outlook for existing sales in 2016 from a 3 percent increase over 2015 (5.45 million sales) to an increase of only 1 to 2 percent (5.30 to 5.40 million sales). The new forecast, three months before the opening of the home sales season, amends an early one made at NAR’s annual meeting ... Read More »

Clear Capital Puts a Chill in 2016 Price Forecasts

shutterstock_336051623

  Prices in the year to come are going to be a lot worse than most earlier forecasts, according to  Clear Capital’s view of the market, which refuses to “sugarcoat the data”.  The provider of real estate valuations, data and analytics calls for continued market instability and a trend of decreasing rates over the next 12 months, especially in mid ... Read More »

Will Sellers Step up the Plate in 2016?

:
Richard Paul Kane / Shutterstock.com

    “It is important to recognize that 2016 is shaping up to be the best year in recent memory to sell. Supply remains very tight, so inventory is moving faster. Given the forecast that price appreciation will slow in 2016 to a more normal rate of growth, delaying will not produce substantially higher values, and will also see higher ... Read More »

Recovery Will Slow in 2016 as Fewer Homes Gain Value

crystal ball

    The number of homes nationwide gaining value on a monthly basis are expected to fall by 12 percent over the next 10 months as the housing recovery slows. Just over half, 51.3 percent, of America’s homes will continue to appreciate by October 2016, according to forecasts by Weiss Analytics. The percentage of homes losing value nationwide are expected ... Read More »

Counting Down to Positive Equity

shutterstock_236770696

  The countdown has begun.  No, not the New Years’ Eve countdown! The countdown to retuning to a normal level of positive equity. Even in the best of times, a certain number of homeowners are going to pay too much for a house and it might take a few years until their principle payments and appreciation put them in a ... Read More »

2016 Price Outlook: Experts Agree Prices will Moderate

subrub

    The experts have spoken and their short and long term expectations for home prices next year are slightly more conservative than leading economists at real estate research organizations and trade associations have forecasted that after price growth around 4 percent this year, they will moderate in 2016 and thereafter. More than 100 real estate experts and economists participating ... Read More »

Northeast, Midwest Markets Warm up as Year Winds Down

shutterstock_197844065

Outside it may be cold and snowy with early storms, but housing prices are warning up in some of the most stunningly negative Midwestern and Northeastern markets, according to Clear Capital’s November market report. Regionally the West still leads the appreciation parade, with quarterly increases of 1.2 percent and annualized price growth at 7.5 percent.  But the Northeast and Midwest ... Read More »

Appreciating Homes Increased in Third Quarter but Still Trail 2014

Weiss map of New York City market.

The number of homes nationwide gaining value on a monthly basis increased during the third quarter from 56.80 percent in July to 59.37 percent of all homes in September and the appreciation rate increased for the third straight month. However, the percentage of homes gaining value still trails the rate of 66.31 percent in September 2014, Allan Weiss, CEO of ... Read More »

Earn a 25% Commission Rebate on Any Home Purchase!

Hide