Posts filed under “Real Estate”

Apartment-Led Housing Recovery May Pack Smaller Punch

Friday’s U.S. housing starts data showed new-home construction last month rose to its second-highest level since 2007, with much of that gain being driven by apartment projects. While that’s good news for the growing number of Americans eschewing homeownership, it could also mean the housing market improvement packs a slightly smaller economic punch, according to Ryan Sweet, a senior economist at Moody’s Analytics Inc. Each multifamily housing start creates about two jobs over the course of the year, while each single-family start creates four or five, he said. Apartments are usually smaller than single family homes, and less building materials are often needed. There’s also a trickle-down effect involved when people buy a home because they have to buy all the things that go into it. Smaller spaces theoretically mean less stuff bought to fill them, which means relatively less demand for that stuff, which means fewer people needed to make that stuff.

Source: Victoria Stilwell, Bloomberg News

Category: Economy, Real Estate

Existing Home Sales: June 2015

Source: World Property Journal

Category: Markets, Real Estate

When Your City Became Unaffordable

Source: Bloomberg

Category: Real Estate, Wages & Income

‘Wisdom of Crowds’ is Surprisingly Dumb

I had to chuckle when I read the following on Bloomberg yesterday: Paddy Power Plc said it was left “red-faced” after paying out early to gamblers who incorrectly bet that Greek voters would back an austerity referendum. Ireland’s biggest bookmaker “paid out five figures” in winnings on July 1, days before Greece rejected further austerity,…Read More

Category: Markets, Philosophy, Real Estate

Profile of the Millennial Homeowner

click for complete infographic
milenial hb



Read More

Category: Data Analysis, Real Estate

Profile of International Home Buying Activity 2015

Source: World Property Channel

Category: Real Estate

A Tale of 2000 Cities

Looks like today is all real estate all the time: Source: Demand Institute

Category: Digital Media, Economy, Real Estate

Housing Market Takes Wandering Path to Recovery

For reasons I have yet to fully appreciate, there is a lot of confusion about the state of residential real estate in the U.S. Simply by looking at some of the data we can clear up a lot of the muddle. The short explanation is that housing, along with the rest of the economy, has…Read More

Category: Cycles, Data Analysis, Real Estate

Housing Bubble Watch

Fascinating data set and discussion via Trulia   Source: Trulia

Category: Data Analysis, Digital Media, Real Estate

Where Millennials Are Priced Out of the Housing Market

Source: Bloomberg

Category: Real Estate