Five years and 16 million foreclosures after the 2008 housing crash, most Americans have not lost faith in real estate. In a survey this summer of more than 2,000 adults by home buyer website Trulia, 61 percent of respondents predicted that prices in their local market would rise next year, 58 percent thought prices would
Housing Inventory, Already Low, Dropped Further in January
The number of homes listed for sale, which stood at an 11-year low at the end of last year, fell even further in January, according to a report released Thursday. There were just 1.48 million homes listed for sale at the end of January, down by 5.6% from December and by 16.5% from one year
ATLANTA HOUSING MARKET IS ON THE RISE
(Atlanta, GA – February 6, 2013) Due to strong demand and limited supply of both new and resale houses, home prices could rise by as much as 10% in 2013. Net job growth may push this number even higher. According to a recent report by Metrostudy, a national housing intelligence and consulting firm that maintains
Housing a Sweet Spot for U.S. Economy as Recovery Expands
Housing a Sweet Spot for U.S. Economy as Recovery Expands David Paul Morris/Bloomberg Housing starts, including single- and multifamily units, are expected to increase 24 percent to 967,000 in 2013 and sales of new single-family homes are expected to rise 22 percent to 450,000. At Lambert Ranch, an Irvine, California, housing development where
IF YOUR BUSINESS MODEL IS NOT PREPARED FOR THESE HOME BUYERS IN 2013, SEEK THE ADVISE AND SERVICES YOU NEED TO MAKE IT HAPPEN
With the housing market bottoming in 2012, economists and other experts are becoming increasingly optimistic about theU.S. housing market in 2013. “Assuming our leaders in Washington come to some sort of agreement that keeps the economy growing , here is what should happen with these buyer demographics,” Investors: Investors and, yes, even flippers will continue
YEAR END THOUGHTS ON HOUSING MARKET & FACTS THAT MAKE REAL ESTATE INDUSTRY UNIQUE
As 2012 nears its end, it is time to reflect on the past 12 months and look forward to 2013. In 2017, when 2012 is five years in our rear view mirror, we will look back as this being the year that the housing recovery began. Most housing markets across the country have shown improvement
HALF WAY HOME: HOUSING RECOVERY CROSSES 50% MARK
Jed Kolko Trulias Chief Economists suggests that Trulia’s Housing Barometer leaps up again, with the housing market 51% back to normal in November Each month, Trulia’s Housing Barometer charts how quickly the housing market is moving back to “normal.” We summarize three key housing market indicators: construction starts (Census), existing home sales (NAR), and the