Hotel Market Performance — Average 6.44 Percent Annually Since 2000
While office, industrial, retail and apartment properties faced a single significant recession since 2000, hotel properties have endured two. Hotel’s first recession in 2001 was driven by the tragic...
View ArticleNew Home Sales — Misleading Metrics — Downturn Not as Severe as Thought —...
New home sales for March 2014 were released earlier this week, down 13.3 percent from March 2013 and off 14.5 percent sequentially from February 2014. These numbers, however, are not indicative of what...
View ArticleResidential Building Permits — Single Family is Flat But Multifamily is...
As housing continues to recover, the laggard in the sector is new housing sales. New home sales were essentially flat in the first quarter of this year when to the same period of 2013 – 107,000 in 2014...
View ArticleInventories of Existing Homes for Sale Jumped 14.2 Percent in April 2014...
As the Spring selling season gears up, expectant home sellers are listing their homes in larger numbers not seen in a few years—and that is good news for buyers. Realtor.com® reports monthly on listing...
View ArticleMay 2014 Existing Home Sales Post Largest Sequential Monthly Gain Since...
As the summer weather warms, so is the housing market. May 2014 existing home sales rose 4.9 percent from April to a seasonally adjusted annualized rate (SAAR) of 4.89 million sales according to the...
View ArticleNew Homes Sales in May Finally Ignite — Rocketing Up 18.6 Percent...
New home sales have finally punctured the logjam that suppressed sales. May 2014 saw an annualized seasonally adjusted rate (SAAR) of new home sales of 504,000, up 18.6 percent from April 2014 and a...
View ArticlePortland, Oregon — An Award Winning Rose of an Economy
This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a...
View ArticleU.S. Housing Markets Continuing Improvement — Home Equity Rising
After the implosion of most housing markets across the country in 2007, millions of homeowners saw their home equity evaporate into the air. An estimated 12 million homeowners entered negative equity...
View ArticleAnother Top-10 List — Over and Undervalued Housing Markets
In the past week I wrote about the strong robust economy in Portland, Oregon, and how that, given limited new residential construction, home prices in Portland, in my opinion, were at a premium today...
View ArticleAnother Top-10 List — Cities With the Fewest Days on the Market for Housing
One of the reasons that housing sales are down this year from the same period a year ago is the very limited inventory of housing available for sale. Each month, Realtor.com reports listing inventory...
View ArticleJune Existing Housing Sales — Warming Up Just Like the Weather
After a miserable start to the year, existing housing sales are finally thawing out and gaining some traction. June sales were at 5.04 million homes on a seasonally-adjusted annualized rate (SAAR), up...
View ArticleJuly Existing Housing Sales Hit Highest Annualized Level of 2014
July 2014 saw existing housing sales post the greatest seasonally adjusted annualized rate (SAAR) thus far this year at 5.15 million units according to the National Association of Realtors® (NAR)....
View ArticleAnother Top-10 List — Best Markets for First-Time Homebuyers
There is a consensus among those in the housing industry that the lack of entry-level, first time homebuyers is why both existing and new home sales are not recovering as expected. In August, for...
View ArticleAugust 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July...
Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to...
View ArticleA Backlog of Ted’s Tweets: September 5 – September 25 2014
Until the past few weeks, one of the weekly blogs was a compilation of my daily Tweets. In September, however, 2015 analyses and forecasts, coupled with an aggressive speaking and travel schedule, saw...
View ArticleBest Holiday Discounts on Housing
As we head into peak holiday sales season at the cash register, people are looking for the best deals possible. The same is true in the housing market. To find the biggest discounts, so-to-speak,...
View ArticleA Few Metrics of Professionals Selling Houses
Regardless of the profession, bandied about is the 80-20 rule in which 20 percent of the people do 80 percent of the business. This also is an often-claimed metric among real estate professionals...
View ArticleAnother Top-10 List — Most Expensive Apartment Markets
Stewart’s headquarters is located in the Galleria area of Houston. This past year from my office window I watched an upscale residential mid-rise structure go up. To my surprise, it is an apartment...
View ArticleTed’s Latest Tweets – January 23, 2015 – February 5, 2015
For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter...
View ArticleQ4 2014 Commercial Real Estate Cycles from Dividend Capital
There is one blog topic that I write about quarterly that is preceded by several calls and emails as to when it is scheduled to be available – The Cycle Monitor – Real Estate Market Cycles from...
View Article