Economic Research (Real Estate)
Treasury rates dropped dramatically lower this week as Italian political turmoil caused investors to prefer Treasury investments. Yields dropped to as low as 2.77 percent on Tuesday—30 basis points from one week prior. Also today, pending home sales moved lower in April as pending sales in all regions.
With the 2018 hurricane season under way, we wanted to take a look back at recovery of the housing market in Houston. It’s been 9 months since Hurricane Harvey made landfall in Texas. In the immediate aftermath, we pointed out some likely short-term impacts on home sales. Here we take a look at where the … Continue reading Housing in Houston: 9 months after Hurricane Harvey →
Review of Realtor.com Luxury Home Index May 2018 Highlights The top 5 fastest growing luxury markets this month were: Sarasota, FL; Queens, NY; Collier, FL; Douglas, CO; and San Mateo, CA – with 13 to 19 percent price growth year-over-year. Three Florida markets (Sarasota, Collier and Broward) are now among the fastest growing luxury markets, … Continue reading Florida Markets Seeing Rapid Uptick in Luxury Home Prices this Spring →
June Data Shows a Deceleration in the Rate of Inventory Decline, but Prices and Time Spent on the Market Still Present Challenges to Buyers As the summer home-buying season commences, many of the trends we saw this spring are set to hold steady. The pace of sales in the early days of summer continues … Continue reading June 2018 Data: Inventory Declines Continue to Decelerate →
Affordability Moves Hot Markets Eastward from the West Coast Key Takeaways from realtor.com’s® June Market Hotness Index Midland, TX held its top spot as the hottest market in the country. California’s historic streak of dominating the hotness list has ended as it claims only 5 of the top 20 markets. This month, 10 other states are … Continue reading June 2018 Hottest Markets →