The Impact of the Amazon Jobs Boom on Seattle Rents
Across the Seattle area, the South Lake Union job boom is associated with faster annual rent increases between 2011 and 2015.
Case-Shiller August Results and September Forecast: Gains to the Horizon
The predictable rhythm leaves us wondering which of these trends might break in 2018 – if any.
Rapid Reaction: Q3 Homeownership Rate
Housing costs are rising, competition among buyers is fierce and the number of homes actually available to buy is at historic lows – and still, the U.S. homeownership rate is on the rise, climbing for the second straight quarter and proving American home buyers are nothing if not tenacious and resourceful.
September 2017 Market Report: U.S. Rent Growth on the Rise Again
Don’t look now, but after a largely uninterrupted, almost two-year slowdown, U.S. rent growth is picking up again.
Mortgage Rates Rise on Budget, Fed Chair Expectations
Mortgage rates jumped about 8 basis points at the end of last week on a double-whammy of budget policy and Fed leadership news, rising to their highest level since mid-July and largely staying there through the middle part of this week.
September New Home Sales: After a Disappointing Summer, Finally Some Strength
After a disappointing summer, new home sales roared back in September to record their best month in almost a decade.
Rapid Reaction: September New Home Sales
September new home sales jumped 18.9 percent from August to 667,000 sales (SAAR), according to the U.S. Census Bureau, the most since October 2007.
Asking Rents in Wine Country Jump in Wildfires’ Immediate Wake
An early look at mid-October advertised rents on Zillow in California’s Napa and Sonoma Counties, which have both lost thousands of homes to a series of devastating wildfires, suggests an increase in rents from September, but also an increase in rental listings.
September Existing Home Sales: Largest Inventory Increase Since 2010
Existing home sales increased in September, rising 0.7 percent from August to 5.39 million units at a seasonally adjusted annual rate (SAAR), the first monthly increase since May.
Rapid Reaction: September Existing Home Sales
It’s tempting to blame September’s sales weakness on the lingering impacts of Hurricanes Harvey and Irma. But those storms' effects, while severe, are largely localized to the Southeast and don’t explain the full, national sales slowdown we’re experiencing. Focusing on those short-term, localized disruptions only distracts from the bigger picture.
