Powered by Ellie Mae.

 

© 2018 Market Perspective Newsletter. All Rights Reserved. 

November 7, 2019

Affordable Inventory Is Disappearing[1]

In September, nationwide inventory dropped 2.5% from the previous year.

And it's worse among affordable homes:

Builders Are Answering the Call

Homebuilder Confidence Surged in October[3]

Indicates strong current sales activity an...

October 10, 2019

There are over 1 million fewer nuclear family households today than in 2007.

Traditional nuclear household = married couple and their children

Today, young adults (ages 25-34) are most likely to live with parents, an unmarried partner, or a roommate.

And it's not just you...

September 12, 2019

We Need More Homes!

Total nationwide inventory fell 1.8% YoY in August [1]

Existing-home supply dropped 1.6% YoY in July [2]

What's Driving Demand?

“These positive demand drivers, which are occurring against a backdrop of persistent shortages in housing stock, are the majo...

August 8, 2019

And lower interest rates are the cherry on top

Sources:

[1] Redfin.com, “1 in 8 Redfin Offers Faced Competition in June.”

[2] Freddie Mac, Primary Mortgage Market Survey®.

[3] NAHREP®, 2018 State of Hispanic Homeownership Report.

[4] U.S. Census Bureau, Quarterly Residentia...

Please reload

RSS Feed