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Did you know that there are 43 million people in the U.S. who live in rental properties? According to America’s Rental Housing: Expanding Options for Diverse and Growing Demand, a study by the Joint Center for Housing Studies of Harvard University, the number of renters has increased by 9 million since 2005; we have not seen such a surge since the mid ’60s. Continue reading
This week, Redfin released their ranking of the most competitive neighborhoods for buying homes in 2015 and the cities on the list come as no surprise. Four cities—Boston, Seattle, Denver and Portland—boast of such healthy housing markets, bolstered in no small manner by their thriving tech scenes, that they are home to the top 30 most competitive housing neighborhoods of this year. Continue reading
Today, the National Association of Realtors (NAR) announced that existing-home sales decreased significantly in November, to the lowest figures since April 2014. Existing-home transactions are comprised by sales of single-family homes, townhomes, condominiums and co-ops; according to NAR, they fell 10.5 percent to a seasonally-adjusted annual rate of 4.76 million in November, compared to a similarly disappointing number of 5.32 million in October. Together, these declines represent home sales that are down 3.8 percent from only a year ago. Continue reading
With 2015 winding down, prospective homebuyers and sellers are eagerly looking forward to the New Year. Nationwide Economics’ Health of Housing Markets (HoHM) Report brings good tidings with its Leading Index of Healthy Housing Markets (LIHHM). Calculated based on factors like employment, demographics, mortgage market and home prices, the study covers the national housing market and 400 metropolitan statistical areas (MSAs).
In recent times, not many young renters have made the big move to becoming homeowners. According to the U.S. Census Bureau’s American Community Survey (ACS), despite an increase in the young adult population, the number of home owners between the ages of 25 and 34 has declined steadily between 2007 and 2012, with a yearly average of 300,000.
The 37th Emerging Trends in Real Estate® published by Pricewaterhouse Coopers (PwC) and the Urban Land Institute (ULI) provides an in depth analysis of trends in real estate investments, development, finance, and issues across U.S.A. and Canada. Participants of the survey include private property owners or developers, real estate firms, investment managers, banks, and brokerages to provide information from different realms of the housing continuum. We focus on two aspects, the rising popularity of the suburbs and agriculture in the big cities.
Identity theft has become more prevalent with the advancement in technology. Just as with any other progress we have made, there is somebody who uses it inappropriately. December is National Identity Theft Prevention and Awareness Month and we wanted to share some information on this major epidemic.
From the desk of Shideh Balali,
My name is Shideh Balali and I am responsible for Strategic Development at NAWRB.
I started with NAWRB in October 2015 as the Member Relations Coordinator. The relationships I have gained and the enterprising women I have spoken with have been phenomenal. An organization like NAWRB unites women from different backgrounds in the housing continuum that share the same drive, ambition and perseverance. It is rare to find an organization that is prompted by their members’ welfare rather than monetary gain. Continue reading
There is yet another list predicting the busiest housing markets of the coming year, this time from Trulia in the form of their 2016 Housing Market Outlook. As most predictive reports, Trulia’s identifies a mixture of positive and negative trends in the coming year. In regards to their top 10 growing markets, the Trulia report doesn’t coincide with realtor.com’s 2016 Housing Forecast on any cities, and shares only Austin, Texas with PricewaterhouseCoopers (PwC) and the Urban Land Institute’s (ULI) Emerging Trends in Real Estate 2016. Continue reading
In October, we wrote about a study by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI), which predicted the hottest real estate markets of 2016—the study’s focal assertion was that the New Year would be the time of secondary and tertiary markets. Yesterday, realtor.com released their 2016 Housing Forecast providing an overview of the coming housing market and a list of the top 10 cities for home buying activity. Continue reading
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