Category: Economy

Three powerhouse metropolitan areas -- New York, Los Angeles, and Houston -- together accounted for one of every seven new jobs created in the country over the last three years.  These top three markets added 300,000+ new jobs from 2012 …Read more  »

The transformation of the American Dream, most broadly manifested in popular folklore as the aspiration of the US middle-class to own a home (even if it means agreeing to a 30-year loan with one's friendly neighborhood too-big-to-fail bank), into the …Read more  »

The feedback I get from investors across the country is that we are in a seller’s market.  Prices are up.  Inventory is low.  Properties in the hottest markets are selling over asking price with multiple offers.  Investors are paying “more …Read more  »

RealtyTrac released a report identifying county-level housing markets with early warning signs of a possible home price bubble — where prices over-inflate and eventually decline.  The report also identified markets with little risk for a home price bubble. (more…)

Entering the real estate market is a bold move, especially for those without previous experience in managing or operating rental properties.  Mistakes are common and profit is not guaranteed.  However, location plays a vital role in first-attempt success rates.  Before …Read more  »

Demographically, a lot has been written about how Millennials and Baby Boomers will impact real estate.  But how will 11 million undocumented immigrants impact residential real estate if they are given residency? Will millions of undocumented immigrants buy houses and …Read more  »

Zillow’s second quarter Real Estate Market Report shows national home values rose 6.3% on a year-over-year basis from June 2013 to $174,200.  The last time national home values were at this level was back in March 2005.  (Housing prices peaked …Read more  »

Sometimes the grass truly is greener on the other side of the fence.  The financial turmoil of the past few years certainly lends credence to that notion, as the Great Recession’s disproportionate impact on local economies spawned a 24-point unemployment …Read more  »

Housing is local again!  Our partners, consultants and clients see vastly different housing markets all across the country.  I categorize them into three groups (booming, busting, and muddling) in this article and provide anecdotes from our team members -- but …Read more  »