Thursday , 18 December 2014
REEW Launches New Site! - Latest Articles:
Home » Housing Markets » Market Activity

Market Activity

Rents Will Rise Faster than Home Values

Real Rent Reform

Zillow predicts a big year for home buyers in 2015, with more millennials entering the market amid rising rents. Zillow’s annual housing predictions also identify the five best housing markets for first-time homebuyers this coming year. 2015 Predictions U.S. rents will outpace home values by the end of the year Builders will begin constructing more, less expensive homes Millennials will ... Read More »

Can Traditional Buyers Save the Recovery?

tippin

  The recovery is at a tipping point because traditional buyers are not making up for the decline in sales to investors, who cannot find enough houses to buy profitably.  Cash buyers competing for distressed and low-tier inventory who helped to jump start the overall recovery now are fading from the market.  They have fallen to just 16.8% of all sales, suggesting ... Read More »

Is the Recovery Coming to a Screeching Halt?

halt

  After slowly winding down over the summer months, the third and fourth quarter data now being released shows that price appreciation is no longer slowing.  It is now within inches of a total screeching halt that could presage a shift in the recovery’s momentum as real estate markets don their pajamas for the winter hibernation. The September 2014 index ... Read More »

Starter Homes are Still Scarce

Starter homes

  National web sites report inventory remains tight, especially among lower priced starter homes popular with first-time buyers and investors. The realtor.com October National Housing Trend Report shows that inventory remains tight as total listings have decreased 2.9 percent month over month and 4.8 percent year over year. In October, homes spent approximately 92 days on the market, which is ... Read More »

Rents Rose for Eight Straight Months

Rents rise

The national annual effective rent growth reached 4.33% in October, a 2 basis point (bps) increase from September’s 4.31% and the highest point of the year to date, according to the latest data from Axiometrics.. October marked the eighth straight month in which effective rent growth has increased. The continued strong effective rent growth indicates that the national apartment market is ... Read More »

CoreLogic: Healthy or Wealthy?

rich

  Through August, CoreLogic figures that national median home prices have risen 17.5 percent during a 20 month run that’s now tapering off.  According to the October 2014 CoreLogic HPI™, in 2013 alone, national home prices rose by more than 11 percent. By August, national home prices had risen another 6.5 percent year-to-date. Wealthy is not necessarily healthy when it ... Read More »

Millions of New Households Await Better Times

big family

  Stagnant incomes and rising rents have left the nation with an unprecedented number of doubled-up households as people moved in together to make ends meet. All those roommates have changed the American housing landscape, with 5.4 million households that would exist under normal conditions instead lost in guestrooms and basements, sharing space with friends, family and roommates, waiting for ... Read More »

College Towns Get an A for Appreciation

college town

Colleges and universities are having an effect on housing across the country. Metros with noteworthy university influence are at the top of their class, with home price trends far outperforming national rates of growth since 2004, according to data provider Clear Capital. A sample of ten metros, each having a university presence, shows an average growth of 32 percent since ... Read More »

Seattle: Tale of Two Cities

Seattle-Seattle_4

Why have lower income neighborhoods been left out of the housing recovery? In an ana;ysis of the Seattle marlket, Pro Teck  Va;uatgion Services describs  how income and access to credit drives home values and why across the country we are seeing strong appreciation in wealthy areas but slower recovery in areas of lower income. Seattle’s median household income is soaring, with ... Read More »

Freddie Mac: Local Markets are Stabilizing, Weakness Overall

family

Eight additional metro and state housing markets showed positive momentum in August butFreddie Mac’s Multi-Indicator Market Index® (MiMi) stands at 73.3, indicating a weak housing market overall and showing a very slight decline (-0.19%) from July to August and a 3-month decline of (-0.47%). However, n a year-over-year basis, the U.S. housing market has improved (4.09%). The nation’s all-time MiMi ... Read More »