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Another Top-10 List — Cities With The Greatest Coverage of Low-Income Housing
Several weeks ago when speaking at an event in Vail, Colorado, I was asked what I do by a hotel staffer. When she found out I was a real estate economist, she then said how tragic it was that people...
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Housing Sales Forecast July 2017 — Fannie-Freddie-MBA
Each month Fannie Mae, Freddie Mac and the MBA forecast housing sales and price appreciation rates for coming years. As you will see, there is neither a consensus nor even agreement in how the data...
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Residential Purchase and Refinance Lending Volume Forecast Update — July 2017
As we economists say, “forecasting is difficult, especially the future.” Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending...
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Another Top-10 List — Best and Worst Markets to Flip Houses
RealtyTrac, a subsidiary of ATTOM Data Solutions, reports that home flipping is now at the greatest rate seen since 2007. In 2016, the median acquisition cost of a flip was $127,276 and the resale...
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Another Top-10 List — Most Profitable Markets for Home Sellers in Q2 2017
Just like some stocks outperform others, the same is true for housing markets. While most housing markets have seen home value increases since 2009, some markets have skyrocketed and others just...
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Another Top-10 List — Best Cities for Living the American Dream 2017
The definition of the American Dream, no doubt, varies from individual to individual. To one person it might be a small home with a front porch and quaint neighborhood, while the next person may...
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Average Mortgage Interest Deduction by State — 2015
Congress has encouraged homeownership by allowing the deduction of home mortgage interest payments and property taxes on primary and second homes owned by individuals. For full details on home...
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New Home Sales Wilt in the Heat of Summer in July 2017
New home sales unexpectedly fell 8.9 percent on a year-over-year basis in July 2017, now at an estimated 571,000 unit sales pace on a seasonally adjusted annualized rate (SAAR). Sales dropped 9.4...
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Residential Purchase Lending Volume Forecast August 2017
As stated last month: As we economists say, “forecasting is difficult, especially the future.” Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for...
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Q2 2017 Commercial Real Estate Cycles Report from Dr Glenn Mueller
This may be the most timely report you read this quarter regarding Commercial Real Estate — Dr. Glenn Mueller’s Real Estate Cycles Q2 2017 report from Black Creek Group – Black Creek Research. The...
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Hurricanes, Housing and The Economy: Analysis From Stewart Chief Economist...
For those who live near the East or Gulf Coasts in the U.S. long enough, a hurricane or tropical depression will likely enter your life at some stage. Since I moved to Houston in 1997, the city has...
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Another Top-10 List — Where Millennials Are Moving
The housing market is a function of the interaction of supply and demand. Since 2016, Millennials make up the largest homebuyer demographic in the U.S. even though they, as a group, are not yet into...
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Existing Home Sales Dip 1.6 Percent Year-Over-Year in September 2017, But...
Given the Hurricanes Harvey and Irma, consensus was for declining existing home sales year-over-year and sequentially from August. While sales dipped 1.6 percent in September 2017 versus a year ago,...
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Residential Purchase and Refinance Lending Volume Forecast Update — October 2017
As we economists say, “forecasting is difficult, especially the future.” Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending...
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October 2017 Existing Home Sales Rebound from Hurricane Slump, Up 2.0 Percent...
Existing home sales sprang back in October 2017, rising 2.0 percent (on a seasonally adjusted annualized rate) from the downward trend in September arising from Hurricane Harvey and Irma impacts, but...
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State Employment Changes October 2017
Jobs are everything to an economy. Period. So goes the number of jobs, so goes (in general) the demand for housing, commercial real estate and the overall performance of the economy. Naturally other...
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Another Top-10 List — Most (and Least) Affordable States for Millennials to...
The next step in this Blog series on states includes the most dynamic and important demographic trend for the next two decades: Millennials. Where Millennials locate (and where they leave) will make...
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Residential Refinance and Purchase Lending Forecast Update — November 2017
As we economists say, “forecasting is difficult, especially the future.” Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending...
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New Home Sales October 2017 – Highest in 10 Years
New homes sales surged in October 2017, rising to an estimated 685,000 dwelling units on a seasonally adjusted annualized rate (SAAR). This is the most seen since the 711,000 level posted 10 years ago...
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Dr Glenn Mueller’s Q3 2017 Real Estate Cycles Report
This may be the most timely read this quarter regarding Commercial Real Estate — Dr. Glenn Mueller’s Real Estate Cycles Q3 2017 report from Black Creek Group – Black Creek Research. The report...
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