Building Market Intelligence

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California’s Housing Costs to Income Ratios

California has always been expensive, and it is getting even more expensive as buyers from all over the world flock to the Golden State. Even considering today’s low mortgage rates, the ratio of monthly housing costs (which include mortgage, PMI, …

Independent Living Apartments: A Growing Lifestyle Choice for 75+ Seniors

The 75+ age group should grow rapidly over the next 20 years due to the aging baby boomer generation and longer life expectancy. What options are there for seniors who are relatively healthy but no longer want to maintain a …

Demand and Supply Fundamentals Point to Continued Price Growth

Will home price appreciation remain strong in the face of modest job growth and the recent uptick in mortgage rates?   Price appreciation is largely driven by the degree to which demand exceeds supply. While the best short-term measure of …

California’s Housing Recovery Looks Golden

What a difference a year makes. After being the poster child for housing distress during the downturn, California is now leading the national housing market recovery. Resale and new home inventories have plummeted to all-time lows. Prices are skyrocketing. Multiple offers and …

Raise The Yellow Flag: Apartment Construction Now A Concern In Many Markets

Categories: Rental Housing

Apartment builders continue to feverishly build to capitalize on rising rental rates and favorable demographics, but construction is reaching danger levels in some markets. Uniquely Competitive Environment With homeownership costs at the lowest levels in decades and a surge in …

Bring Down the Gavel on the Judicial Foreclosure Process

It is clear that the judicial foreclosure process has interfered with the housing recovery. Designed to protect homeowners, it has done the opposite (unless you consider allowing people to live for free a good thing). Now, those who live in …

Where Will Home Prices Rise The Most? Check The Law.

Inventories have plummeted in Western markets over the last year, helping to spur robust price growth. Our home price index (below) shows just how much price appreciation has occurred (the index is 5+/- months more current than Case Shiller and …

Construction Activity Thriving In Texas And The Southeast

Of the top 10 markets with the most single-family construction activity over the last year, six are located in Texas and the Southeast. The ranking table below shows the top 20 markets in the country. We have ranked them in …

Phoenix is Rising

The Phoenix housing market is on fire, driven by strong economic growth, once in a generation affordability levels, and a surge in investment activity that far surpasses the levels during the housing boom. Once considered to be at ground zero …

Really? More High Rises in Southern Florida?

Condos in High Demand For investors, current market conditions in the southern part of the Sunshine State couldn’t be better. Depressed pricing, low interest rates, a strong rental market and favorable foreign currency exchange rates are pumping up the housing …