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Tag Archives: Chief Economist
Home Builders Slow New Construction, Raise Prices
(Read More: Home Builder Confidence Hits 7-Year High) “What are they so excited about?” asked Hunter. “That they have pricing power.” Housing completions fell 0.9 percent to an annualized rate of 690,000, well below demand. Underlying demand consists of new … Continue reading
Posted in Real Estate News
Tagged Analytics, Appleton, Association Of Realtors, California Association Of Realtors, California Home, Census Data, Chief Economist, Completions, Distressed Properties, Global Insight, Home Builder, Home Builders, homes millbrae, Housing Market, Inventories, Loan Products, Median Price, Median Sale Price, New Construction, Seven Months, Wide Gap
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Bay Area housing inventory drops by 30 percent
Fewer Bay Area homeowners listed homes for sale in June than last the same month last year. Blanca Torres Reporter- San Francisco Business Times Email | Twitter | Google+ | LinkedIn Housing inventory was down by more than 30 percent during the past … Continue reading
Posted in SF Bay Area News
Tagged Bidding Wars, Chief Economist, East Bay Real Estate, Email, Google, Home Value, homes millbrae, Linkedin, Metro Area, Metropolitan Area, Moderate Levels, Norms, Ramp, San Francisco Alameda, San Francisco Business, San Francisco Business Times, San Mateo Counties, Stan Humphries, Twitter, Value Appreciation, Zillow
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As Prices Rise, Banks Repossess More Homes
“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading
Short Supply Pushes Home Prices to Seven Year High
“House price growth continues to surprise to the upside,” said Dr. Mark Fleming, chief economist for CoreLogic. “Increasing demand for new and existing homes, coupled with low inventory, has created a virtuous cycle for price gains, most clearly seen in … Continue reading
Posted in Real Estate News
Tagged Chief Economist, Dr Mark, Hawaii, homes millbrae, House Price, Map, Mark Fleming, Price Appreciation, Real Estate, Virtuous Cycle, Western States
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Housing Recovery Shows Up In Job Gains
Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading
Posted in Real Estate News
Tagged Appliance Stores, Boon, Bureau Of Labor, Bureau Of Labor Statistics, Chief Economist, Corelogic, Doug Duncan, Fannie Mae, Furnishing, homes millbrae, Housing Market, Lower Monthly Payments, National Association Of Home Builders, National Housing Survey, Pick Ups, Residential Construction, Roofers, Spending Money, Sweet Spot, Ups, Upward Trend
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