Norada Real Estate Investments

  • Home
  • Markets
  • Properties
  • Notes
  • Membership
  • Podcast
  • Learn
  • About
  • Contact

National Economic Outlook (December 2012)

December 17, 2012 by Marco Santarelli

It's becoming clear to me that what we've been thinking of as a stage in the recovery actually is the recovery. Job growth at a 1.5 percent annual rate is well below our hopes from previous cycles but its getting hard to imagine faster growth unless the government starts spending more money (ha-ha) or consumers like their finances enough to start clamoring for new homes.

In November, jobs increased by 1.4 percent from last year and unemployment eased to 7.7 percent, basically no change from what we've seen the last six months. Jobs were up 1.4 percent in manufacturing, 1.5 percent in retail trade, 3 percent in business services, 2.2 percent in health care, and 2.7 percent at restaurants. Jobs in government and construction were flat.

[Read more…]

Filed Under: Economy, Housing Market, Real Estate Investing Tagged With: Economy, Housing Market, Real Estate Economics, Real Estate Market, US economy

Rents Continue to Rise Faster than Asking Prices

November 5, 2012 by Marco Santarelli

Rent prices are climbing faster than asking prices, and the gain in rent prices is seen in metros where asking prices are actually falling, according to a report from Trulia.

Nationwide, year-over-year rent prices were up 5.1% in October, while asking prices were up 2.9% during the same period including foreclosures.

Out of the top 25 rental markets in the United States, Houston led with a 16.5% yearly increase.  Miami and Oakland took the next two spots with a 10% gain in rent prices.

[Read more…]

Filed Under: Economy, Housing Market, Real Estate Investing Tagged With: Economy, Housing Market, Real Estate Investing, Real Estate Market, rental market, Rental Rates

65% of Housing Markets Worse Than Four Years Ago

October 22, 2012 by Marco Santarelli

Sixty-five percent of U.S. housing markets are worse off today than they were four years ago according to the California-based real estate research firm RealtyTrac.

The results of the survey arrive the same day as the final presidential debate and just weeks before the general election.

[Read more…]

Filed Under: Economy, Foreclosures, Housing Market, Real Estate Investing Tagged With: Economy, home prices, Housing Market, Real Estate Economics, Real Estate Investing, RealtyTrac

National Economic Outlook (October 2012)

October 10, 2012 by Marco Santarelli

Unemployment in September fell to 7.8% (according to government stats) but otherwise the economic situation was pretty much as it has been for the last six months: improving but at a slow rate.  Employment was up 1.4% over last year, with health care and business services providing the bulk of new jobs, as usual.

Some interesting developments: jobs in car manufacture were up 7% as car sales increase 9%; jobs in truck transport were up 4%, signaling that companies are confident enough to increase inventories; the hemorrhaging of teaching jobs has finally stopped; restaurant jobs were up 3%; and jobs in real estate and construction edged upward after years of contraction.

[Read more…]

Filed Under: Economy, Housing Market Tagged With: Economy, Housing Market, Real Estate Economics, Real Estate Market, US economy

Is the Fed’s QE3 Good for the Housing Market?

September 25, 2012 by Marco Santarelli

Last week, the Federal Reserve announced a new round of “quantitative easing,” or QE3, meaning the Federal Reserve will  fire up the printing presses to buy $40 billion worth of  mortgage-backed securities (MBS) every month on an open-ended basis in an effort to further drive down historically low interest rates.

Federal Reserve Chairman Ben Bernanke said QE3 should put downward pressure on mortgage rates, helping the housing market.  By lowering borrowing costs and spurring  banks to lend more, the Fed hopes to induce more spending and eventually set  the stage for more hiring.  The Fed tied its bond-purchase program explicitly to jobs, saying it will keep buying bonds until it sees a substantial improvement  in the labor market.

Who benefits from QE3?

[Read more…]

Filed Under: Economy, Financing, Housing Market, Real Estate Investing Tagged With: Economy, Federal Reserve, Financing, Housing Market, Mortgage-Backed Securities, QE3, Real Estate Investing, rental property

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • …
  • 9
  • Next Page »

Real Estate

  • Baltimore
  • Birmingham
  • Cape Coral
  • Charlotte
  • Chicago

Quick Links

  • Markets
  • Membership
  • Notes
  • Contact Us

Blog Posts

  • When is the Best Time to Buy a House?
    March 22, 2023Marco Santarelli
  • 18 Best Real Estate Investing Books For Beginners 2023
    March 22, 2023Marco Santarelli
  • Austin Housing Market: Prices, Trends, Forecast 2023
    March 22, 2023Marco Santarelli

Contact

Norada Real Estate Investments 30251 Golden Lantern, Suite E-261 Laguna Niguel, CA 92677

(949) 218-6668
(800) 611-3060
BBB
  • Terms of Use
  • |
  • Privacy Policy
  • |
  • Testimonials
  • |
  • Suggestions?
  • |
  • Home

Copyright 2018 Norada Real Estate Investments