Mortgage rates are back above 4% for the first time in a year, but the rate rise probably isn’t going to be enough to take the wind out of the sails of the housing market rebound. The Mortgage Bankers Association reported on Wednesday that rates jumped to 4.07% last week for the 30-year fixed-rate loan,
Why No City Can Afford to Forget About Seniors
Traditionally, mayors and economic developers have focused their efforts on making their communities great places for families, emphasizing good schools, up-to-date infrastructure, and low crime rates. Over the past decade or so, increasing attention has been paid to attracting younger talent. But one age group has factored much less in the conversation: older Americans. 10,000
: Real Estate’s 2013 Pivot Points: Interest Rates, Gen Y, Health-Care Demand
ATLANTA — Low interest rates, increasingly aggressive lending and Generation Y’s housing preferences are among the top factors shaping the U.S. real estate market this year, according to a group of leading real-estate experts. The Counselors of Real Estate, a Chicago-based global association of hundreds of real estate professionals and advisors, released the list Wednesday at the
NORMAL ESCALATION OF PRICES FORECASTED FOR 2015.
FOCUS ON LOCATIONS FOR PIPELINE AND MARKET SHARE AS YOU GROW YOUR BUSINESS PLATFORM National Housing Market | Posted on 03-29-2013 | Written by Brad Hunter I had already been calling for strong home price increases in 2013, and the latest evidence in the market suggests that the increases may be even stronger than most
Keeping up to date with the use of products that are cost effective and provide an opportunity to set yourself apart are critical as the market continues to “heat up”
WOODBURY, N.J. — With the steadily improving residential real estate market and recent uptick in sales reported by home improvement retailers, many homeowners are investing more in enhancing their outdoor living spaces in 2013. The timing of tax returns and current low interest rates are among other factors driving consumer spending. EP Henry, a manufacturer
MUSIC TO OUR EARS……… HOUSING APPRECIATION WITH STABLE GROWTH FORECAST
March Case-Shiller Composites To Show Annual Appreciation Above 9% Posted by: Stan Humphries Tags: Posted date: April 30, 2013 The Case-Shiller data for February came out this morning and, based on this information and the March 2013 Zillow Home Value Index (released last week), we predict that next month’s Case-Shiller data (March 2013) will show
ESTIMATORS AND PURCHASING AGENTS WILL NEED TO BE ON TOP OF THEIR GAME AS THE MARKET CONTINUES TO DEAL WITH MATERIAL AND LABOR INCREASES.
APA Releases 2013 Market Outlook Growth in wood production, including a 17 percent boost in I-joist manufacturing, expected as economy and housing continue to improve. The small but positive uptick in the economy and residential construction closed 2012 on an optimistic note for the first time since the recession began, and that slow-but-steady growth is
STEADY DEMAND AND ELASTIC HOUSING SUPPLY WILL PROVIDE FOR A SIGNIFICANT POPULATION GROWTH
Migration Heliocentric America Changing trajectory of the American recovery. From 2007 to 2011 many of the extreme points in America’s metropolitan distribution, in employment terms, could be found in the Sunbelt: cities in Texas and Oklahoma were among the few metropolitan areas to manage net employment gains over the period while those in the Southwest
Atlanta’s Unemployment rate is still high 7.9% but our housing absorption in “A” locations is “RED HOT”…….
“The job market has gotten a lot better but now we don’t have enough houses to meet buyer demand,” said Eugene James, Regional Director for Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on residential construction in the US housing market. According to the Georgia DOL, the Atlanta
Case-Shiller Indices Show Strongest Gain Since 2006
Home prices posted their strongest yearly gain in almost seven years in March, with both the 10- and 20-city indices seeing double-digit gains, according to the Case-Shiller Home Price Indices released Tuesday. The national index, reported quarterly, was up 10.2 percent. From February to March, prices increased in 15 of the 20 cities surveyed, falling