Providing insights into the current U.S. housing market and commentary on future trends.

September 18, 2014

In this month’s Home Value Forecast, we examine how knowledge-based populations in affordable housing markets are driving economic growth and housing values. To help us examine this issue, we refer to a fascinating report published late last month from the Center for Population Dynamics at Cleveland State University, authored by Richey Piiparinen, Charlie Post, and Jim Russell. The complete document “Ranking America’s Top Young Adult Labor Forces: A…

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August 20, 2014

From clothing and music to food and social norms, many of the trends that sweep across the U.S. originate on the West Coast. In today’s real estate market, we see many trends and the swapping of trends.  This month, many of our West Coast CBSAs are showing up towards the top of our market ranking while the East Coast is showing up towards the bottom. Looking back, we…

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July 16, 2014

Supply and demand dynamics are the cornerstone of the U.S. real estate market.  Supply and demand shape our markets and are influenced by many factors including employment, mortgage rates, housing costs and consumer confidence. Over the past five years, we’ve felt the effects of other influences as well.  The lingering aftershocks of the financial crisis, historic foreclosure numbers, regulatory expansion, tight credit and paralysis in the secondary market…

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June 19, 2014

Houston made our list of top ten metros this month, and for good reason.  Houston as a whole never went through a serious correction like the rest of the country; rather it experienced a slight dip, followed by gradual price appreciation. Houston’s prominence in the energy sector helped lessen the impact of the housing crisis.  As crude oil prices began to rise in 2010, Houston’s employment (thus housing…

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May 15, 2014

As 2013 fades further in our review mirrors, the nation continues to experience an improved housing market.  In 2014, median home prices have risen in many markets and the number of underwater homeowners has declined. But there are still stark differences in local markets across the country. As we drill down from a macro to a micro level, there is an evident mix of “hot” and “cool” real…

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