Shiller price index

An overview of the US luxury real estate market

By Mauricio OumanskyFounder and CEO, The Agency Mall market forecasts come out at the start of a new year, and if the past two years have taught us anything, it’s that the real estate crystal ball is never crystal clear. Yet, with 2022 well underway, we can confidently predict that no bubbles will burst and […]

Shiller price index

Evening briefing: March 2, 2022

Good evening, Tampa Bay. We end the day for you with the most important stories you need to know and your weather forecast. Your weather planner Our warming trend continues on Thursday as our temperatures increase slightly. All in all, it’s going to be a gorgeous day for all exterior shots. You may need a […]

Shiller price index

How to make the most money in the real estate market of 2022

The 2022 housing market is tricky for real estate investors looking for income properties. It is also a difficult time to be looking to buy a house to live in. But that doesn’t mean there aren’t opportunities to make money in real estate this year. Here are some ways to score significant wealth. Image source: […]

Shiller price index

Builders consider options as supply prices drive up costs

Feb. 24 – The housing boom has finally hit Decatur, but supply costs and employee expenses are forcing some local contractors to rethink the style of home they plan to build. The increase in the cost of building single-family homes and the resulting increase in their list prices makes townhouses more attractive. This changing market […]

Shiller price index

Is the Tampa Bay real estate market peaking?

Tampa Bay home values ​​are rising rapidly, raising alarm bells for economists. Lakeland and Tampa Bay are the most overvalued markets in Florida, according to a study by Florida Atlantic University real estate economist Ken H. Johnson and Florida International University economist Eli Beracha. This means that homes here are selling for a premium, well […]

Shiller price index

Week Ahead – The Fed and the BoC will sing from the same hawkish anthem sheet; data burst en route [Video]

A busy week for central banks and economic releases is shaping up as the inflation story continues to weigh on markets. As price data points higher and bond yields soar, investors expect only hawkish rhetoric from the Federal Reserve and Bank of Canada. The latter could even go further and move from words to deeds. […]

Shiller price index

Mortgage still hot

LOS ANGELES – Fierce competition, low mortgage rates and soaring prices that pushed mortgage borrowing to record levels last year are expected to drive lending even higher this year, experts say. Banks loaned about $ 1.61 trillion for home purchases last year, up about 9% from 2020, according to the Mortgage Bankers Association. This exceeds […]

Shiller price index

EMEA Morning Briefing: Stocks will slow down after mixed session on Wall Street

MARKET ENVELOPES To watch: EU Monetary developments in the euro area. Opening call: European stocks could open lower after hitting a five-week high on Tuesday. US equity futures are trending upward. The US dollar was unchanged. Oil is rising. Lower golden edges. Actions: European stocks are expected to fall at open on Wednesday as concerns […]

Shiller price index

What will it take to kill this bull market? We will find out next year.

The insurgency, infections and inflation are what will be remembered for 2021. But none of them seemed to matter to US equities, at least as much as some might have thought. Again, the best thing for investors to do would have been to turn off their computers, phones, and (especially) televisions, and set up and […]

Shiller price index

Rents for single-family homes increase by 11% in October

Rents for single-family homes in the United States climbed 10.9% in October, the fastest year-over-year increase in more than 16 years, according to real estate research firm CoreLogic. Rent increases accelerated for all price points in October, and higher priced rentals advanced the most. High price point is defined as properties with rents above 125% […]

Shiller price index

How wage stagnation has turned the housing equation upside down

Fifty-two percent of non-home millennials aren’t saving for a down payment. And among these, many cite underpaid jobs or unemployment as the reason. In this article describing some of our to research About American millennials and their quest to become homeowners, I would like to provide an overview of the broader macroeconomic issues that have […]

Shiller price index

Welcome to the first round of the 10-year real estate boom

the housing market is on Fire. Source: Shutterstock Just two weeks ago, the S&P CoreLogic Case-Shiller Home Price Index showed US home prices set a new record in September, increasing nearly 20% year-on-year. Home prices in the United States have now risen more than 10% year-on-year for 10 consecutive months. For the context, over the […]

Shiller price index

Most D-FW homes always sell for more than asking price

Home sales in North Texas are slowing. But buyers don’t get a broken price. Almost 54% of homes sold in the Dallas-Fort Worth area through September are above asking price. That’s higher than the national average for properties paying more than sellers are asking for, according to a new report from Porch Group, a home […]

Shiller price index

Increase in home sales but lower price increase in 2022

Home prices in North Texas are expected to rise 4% next year, just a fraction of recent record gains. According to a new report from Realtor.com. But D-FW’s projected gain for 2022 is minimal compared to the more than 20% year-over-year price increases seen in recent months. The current median price for real estate listings […]

Shiller price index

Opinion: How the pandemic shattered the measure of home values

Estimating home values, both as a whole and for individual homes, is a notoriously complicated process. This is because houses are durable and complex goods, and each house is unique in its location, features, or both. Additionally, homes are barely traded, meaning very few of them are traded in any given year. This makes it […]

Real estate

Why is now a good time to buy amid inflation

Abraham Anderson says now is the time to lock down some real estate. As inflation rises, so does the value of your property, but the mortgage goes down, he says. He advises investors to focus on states with good homeowner protection laws. Investing in real estate is not as easy as buying stocks or even […]

Shiller price index

8.6% increase in existing home sales in Canada in October

By Paul Vieira OTTAWA – Sales of existing homes in Canada rose sharply in October, marking the largest month-on-month increase in over a year. The Canadian Real Estate Association said sales of existing homes rose 8.6% in October from the previous month. On an actual, unadjusted basis, transactions in October were down 11.5% from the […]

Shiller price index

Soaring house prices boost state and local governments

Property tax collections reached their highest level since at least 2009, as the housing market remained warm during the COVID-19 slowdown, according to a report released Wednesday. Analysis, from the National Association of Home Builders, uses Quarterly Census Bureau Tax Data to show that homeowners paid $ 703.5 billion in the four quarters ending in […]

Shiller price index

Signs for investors: week starting October 25, 2021

Australia: inflation data in the foreground Over the coming week, September’s quarterly inflation reports dominate the economic calendar. Readings include consumer, producer and export / import prices. But the week starts Monday when CommSec publishes the State of States Quarterly Economic Report Card. Tuesday, ANZ and Roy Morgan jointly publish the Weekly Consumer Confidence Index, […]

Shiller price index

Millennials Go Their Own Way When It Comes To Harnessing Home Equity, Survey Says New

Perhaps Millennials enjoy having fun more than their Baby Boomer parents and Generation X siblings. The financial tastes of this cohort may have been shaped by historically low mortgage rates and the soaring house prices. Whatever the reason, Americans between the ages of 25 and 40 display significantly different attitudes about leveraging their home equity […]

Shiller price index

Barbara Corcoran of “Shark Tank” says most are “overpriced” in housing market – Press Enterprise

By John McCorry and Tom Keene | Bloomberg Barbara Corcoran, the real estate agent many Americans might dream of having, says house prices are rising so fast that ordinary people can’t afford it and that’s unfair. “Most people are shut out of the market,” the co-founder of her eponymous venture capital partnership said in an […]

Shiller price index

Capital outlook: Fed fiddles as inflation burns

JP Szafranski It is not transitory. In early August, amid chatter from U.S. Federal Reserve officials and market commentators that concerns about persistently high inflation were unwarranted, we expressed our skepticism in our column Inflation – What Would Milton Say? We recognized at the time that the Fed was right to point out temporary disruptions […]

Shiller price index

House prices in the valley rise as supply remains limited

Local housing research expert says a number of factors have led to the current state of Phoenix metro housing market as domestic home price growth continues to climb. Thomas Brophy, national director of research at Colliers in Phoenix, said the current housing market inventory is “just above” a one-month supply and that he doesn’t expect […]

Shiller price index

Investors capture nearly 15.9% of US home sales – press enterprise

Soaring house prices and rents are fueling the appetite of real estate companies for homes, adding unwanted competition for many potential buyers. Residential real estate purchased by businesses or institutions reached an all-time high of 67,943 properties in the second quarter, according to Redfin, a Seattle-based online brokerage firm. This is more than double compared […]

House equity

Latinos will drive economic growth, the only demographic to increase homeownership rate

After more than 10 years of saving, Joanna Flores finally had enough to make a down payment on her first home. Flores, a 35-year-old computer scientist and single mother of two in Fresno, Calif., Said living with her parents allowed her to set aside a few hundred dollars whenever she could. “There were a lot […]

Shiller price index

Boston posts highest 12-month gain on Case-Shiller Index ever

You wouldn’t imagine it: Boston-area home values ​​have jumped their biggest percentage in the past 12 months according to the S&P CoreLogic Case-Shiller Home Price Index. And the region was not alone: ​​New York, Charlotte, Cleveland, Dallas, Denver and Seattle recorded the same records. Boston’s home values ​​rose 18.7% from July 2020 to July 2021, […]

Shiller price index

The fix is ​​available for experienced fins – NMP

The past few years have been particularly difficult for fix-and-flip investors, with rapid price appreciation and slow recovery in stocks. Although the rate of home flips in the United States has been increasing steadily since March, ATTOM data reveals that profit margins have shrunk. The return on investment for fix-and-flips fell to 33.5% from 37.2% […]

Shiller price index

Phoenix # 1 in Home Price Hikes for 25 Consecutive Months

The US Census Bureau has published statistics on franchises from the 2017 economic census August 26. Almost 300 different types of businesses are franchises, although the only data available at the state level is for full and limited-service restaurants. Comparing Arizona to the United States, 41.6% of restaurants (combined total of full and limited service) […]

Shiller price index

Dunedin area housing market: prices continue to rise

DUNEDIN, FL – Home prices are still rising nationwide, but a slowdown in price appreciation is inevitable as more people are excluded from the market, experts say. Prices rose 3 percent from May to June in the Tampa-St. Petersburg-Clearwater FL Metropolitan Statistical Area, according to the latest data from the S&P CoreLogic Case-Shiller Index, a […]

Shiller price index

Home prices in the Lacey area have increased recently

LACEY, NJ – Home prices continue to rise nationwide, but a slowdown in price appreciation is inevitable as more people are excluded from the market, experts say. Prices rose 1.1% from May to June in the New York-Jersey City-White Plains NY-NJ metropolitan division, according to the latest data from the S&P CoreLogic Case-Shiller Index, a […]

Shiller price index

Companies competing with future owners

LOS ANGELES (AP) – Soaring house prices and rents are fueling the appetite of real estate companies for homes, adding unwanted competition for many potential buyers. Residential real estate purchased by businesses or institutions reached an all-time high of 67,943 properties in the second quarter, according to Redfin, a Seattle-based online brokerage firm. This is […]

Real estate

Start your career in real estate with this informative pack

Communities across the country are experiencing a housing boom as house prices continue to soar nationally. In June, the S&P CoreLogic Case-Shiller National Home Price Index shared data that showed an 18.6% increase in home prices, the largest increase in more than two decades. Real estate has always offered lucrative opportunities to realtors, and with […]

Shiller price index

In a booming market, businesses compete with future owners | News, Sports, Jobs

LOS ANGELES – Soaring house prices and rents are fueling the appetite of real estate companies for homes, adding unwanted competition for many potential buyers. Residential real estate purchased by businesses or institutions reached an all-time high of 67,943 properties in the second quarter, according to Redfin, a Seattle-based online brokerage firm. This is more […]

Shiller price index

Banks cash with the ECB’s program; Inflation in the Eurozone surges; Record domestic price growth in the United States

Good day. Eurozone banks are taking advantage of a European Central Bank program that pays them to lend to ensure that credit flows into the European economy to support its recovery. The program shows how willing the ECB has been to keep eurozone economies afloat during the pandemic by releasing liquidity to businesses to avoid […]

Shiller price index

Delta variant fears send 30-year mortgage rates to 2.77%

The average 30-year fixed-rate mortgage fell back to 2.77% for the week ending Aug. 5, according to mortgage rate data released Thursday by Freddie macPMMS of. The week before, mortgage rates had rebounded slightly to 2.80%. According to Sam Khater, chief economist at Freddie Mac, concerns about the COVID-19 Delta variant, along with falling 10-year […]

Shiller price index

‘It’s never been like this’: Spiraling US house prices worry policymakers

Ten years ago, the average home in Columbus, the state capital of Ohio, sat on the market for almost 100 days before being sold. Today, a similar property sells in just 10 days. “It’s never been like this,” said Michael Jones, real estate agent at Coldwell Banker Realty with over 20 years of experience in […]

Shiller price index

Yellen sees ‘several months of rapid inflation’ before easing, worries about impact on housing

Treasury Secretary Janet Yellen warned on Thursday that prices could continue to rise for several months, although she expects the recent spike in inflation to subside over time. In an interview with CNBC, the cabinet official added that she was concerned about the problems inflation could pose for low-income families looking to buy a home […]

Shiller price index

Powell downplays direct link between Fed purchases of mortgage bonds and soaring house prices

Federal Reserve Chairman Jerome Powell on Wednesday downplayed any direct link between central bank mortgage bond purchases and rising house prices. The Fed buys $ 80 billion in treasury bills and $ 40 billion in mortgage securities each month to support the economy and keep interest rates low. Many economists have said the Fed should […]

Shiller price index

What’s driving housing-linked ETFs in 2021

summary Favorable house prices and a strong recovery in housing starts have led to an increase in housing-related investment in 2021. however, SPDR S&P Homebuilder ETF (XHB) outperformed his peers IShares US Home Construction ETF (ITB) in 2021 by a difference greater than the fund expenditure ratios. These similar-sounding ETFs are constructed differently, with ITB […]

Shiller price index

Gold is the ultimate investment going against the grain right now

June 30, 2021 Person holding a single piece of pure gold. US Global Investors Legendary global investor John Templeton once said that the best time to buy is when there is “maximum pessimism” and the best time to sell is when there is “maximum optimism”. This type of contrarian investment requires great conviction and nerves […]

Shiller price index

Your weekly summary of real estate news

Every week, Allie Beth Allman & Associates prepares a summary of top real estate news in DFW, Texas and beyond. To subscribe to L’Allmanac, visit alliebeth.com/registerfornews. Here’s the latest news you’ll find. Home price increases in the Dallas area exceeded the national average, rising 13.4% from March 2020 in Standard & Poor’s latest CoreLogic Case-Shiller […]

Shiller price index

Markets win winning week amid flurry of data, good and bad – Courthouse News Service

With inflation fears and labor shortages on the one hand, and falling unemployment and rising GDP on the other, investors have slowed their path to a winning week on Wall Street. (Photo by Barbara Leonard / Courthouse News) MANHATTAN (CN) – As summer approaches, temperatures appear to warm along with inflation, prompting investors to cool […]

Shiller price index

Best Buy says booming housing market is driving demand for TVs and home consultations

A customer checks devices for sale at the Best Buy store in Miami, Florida. Joe Raedle | Getty Images As Americans move into new homes, renovate their homes and see real estate values ​​rise, Best Buy CEO Corie Barry said they were buying appliances and big-screen TVs and hiring the company to implement new technologies. […]

Shiller price index

Shiller: Today’s real estate boom will end, but slowly

Academic Robert Shiller once referred to the stock market‘s performance as “irrational exuberance” in a 2000 book title – he foresightedly predicted the dot-com bubble burst. He says another such bubble is about to deflate, albeit slowly: housing. Soaring house prices cannot continue to rise and will eventually fall, he told a Yahoo Finance video […]

Shiller price index

Believe it or not, Denver metro house prices are rising in line with US as a whole, federal index shows – The Denver Post

Buyers trying to navigate the Denver subway housing market this year can’t be blamed for feeling like they’re trying to hitchhike on a high-speed freight train. The median price of a single-family home sold on the Denver metro has risen 23.2% year over year in April and 15.5% in the first trimester, according to the […]

House prices

Robert Shiller sees the ‘Wild West’ in housing, stocks and crypto markets

Nobel Prize-winning economist Robert Shiller fears a bubble may form in some of the hottest professions on the market. He is particularly concerned with housing, stocks and cryptocurrencies, where he sees a “wild west” mentality among investors. “I didn’t do it in print. I said it,” the Yale University professor told CNBC’s “Trading Nation” Friday. […]

Shiller price index

Capital calls: the awkward poker face of Powell

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, December 1, 2020. Susan Walsh / Pool via REUTERS Concise information on global finance. ———————————————– POKER FACE. US Federal Reserve boss Jerome Powell keeps his cards handy. The central bank Wednesday maintained status quo on interest rates and […]

Shiller price index

Wood frenzy drives home prices up as suppliers can’t keep up – Daily Breeze

By Marcy Nicholson | Bloomberg The frenzy sweeping the lumber market will likely continue to pass through the summer peak in US residential construction, as labor shortages and depleted stocks mean supplies cannot keep up with growing demand. Tightness is acute throughout the timber supply chain. Sawmills have struggled to ramp up quickly enough to […]