Q3 2016 Housing Affordability: Renting More Affordable Than It’s Been in Two Years
Incomes are growing, and growth in rents is slowing – leading to a (very) modest, but welcome, improvement in overall U.S. rental affordability in the third quarter.
Q3 2016 Housing Affordability: Renting More Affordable Than It’s Been in Two Years
Incomes are growing, and growth in rents is slowing – leading to a (very) modest, but welcome, improvement in overall U.S. rental affordability in the third quarter.
Going Green: Cities with Large Carbon Footprints Are Hot Spots for Eco-Friendly Home Tech
As it turns out, cities with the most homes for sale that advertise eco-friendly amenities – think solar panels, double-paned windows and energy-efficient appliances – are also the cities that need those amenities most, because their carbon footprints tend to be larger.
Rapid Reaction: October Jobs Report
The number of nonfarm U.S. jobs rose by 161,000 in October, versus consensus expectations for a gain of 175,000 jobs according to the Bureau of Labor Statistics' October jobs report.
Value Add: How the Gap Between the Bottom and Top of the Housing Market is Widening
The gulf between the housing haves and have-nots has widened considerably over the past two decades, as top-tier homes gained more value than less valuable, more entry-level homes and bottom tier homes in general lost more of their value during the housing bubble bust.
Rapid Reaction: Q3 2016 Homeownership Rate
The Q3 2016 homeownership rate ticked up to 63.5 percent from 62.9 percent in Q2 on the back of strong owner household formation, but remains down slightly from Q3 2015, according to the U.S. Census Bureau.
Rapid Reaction: September New Home Sales
September new home sales rose 3.1 percent from August to 593,000 units (SAAR), after initially reported August data was revised sharply downward.
September Case-Shiller Forecast: Modest Acceleration in Home Price Growth Will Continue
According to Zillow’s September Case-Shiller forecast, the national index and both smaller 10 and 20-city indices look set to continue the acceleration in home price growth they exhibited in August.
August Case-Shiller: Pace of Home Price Growth Slowly Picks Up
August Case-Shiller data revealed a national housing market that is slowly picking up speed, growing slightly faster than in prior months but largely in line with our expectations.
Why Vancouver’s New Real Estate Tax Won’t Have a Big Impact on Seattle
I’ve been asked a lot lately: Will Vancouver’s new 15 percent tax on non-Canadian buyers of local real estate push more foreign buyers to consider Seattle-area real estate instead? I understand the concern, but I think in practice, these fears are likely overblown.
Rapid Reaction: September Existing Home Sales
September existing home sales rose a better-than-expected 3.47 percent from August, to 5.47 million units (SAAR), reversing two consecutive monthly declines. Sales were up 0.6 percent from a year ago.
