Regional Housing Market Intelligence

What You Need to Know about Fauquier County Land Deals

Knowing your target market when making land deals is key. According to the American Community Survey (2006–2010), movers aged 20 to 34 (typically first-time home buyers) dominated the pool of people moving to Fauquier County (56%). Movers aged 35 to …

4Q 2015 Sentiment Survey

In early January, 38 residential home building executives in the Mid-Atlantic and 6 from across the country shared their thoughts on the state of their local markets based on 2015 year-end sales performance. The responses, dominated by builders from Maryland …

Phoenix New Homes Ready for a Downsize

With a median household income of only $53,600 per year, many prospective Phoenix home buyers cannot qualify for a mortgage in excess of $200K, even with low mortgage rates and an FHA loan limit of $271,000. At a median new …

Job Growth Strengthens, but Government Spending Remains Flat

Did DC end 2015 naughty or nice? Jobs, jobs, jobs. After a sluggish employment market in 2014, the Washington, DC, region gained jobs at a robust pace in 2015. Despite flat levels of federal spending, the region added 61,900 jobs …

Big Variety in the 6 Southern California Markets

Our outlook for this year varies dramatically by market and price point. At a high level, there are three major markets on the upswing, one is holding its own, and two are showing signs of slowing. Markets on the Upswing: …

The Midwest Price Gap: Existing Home Median Price vs. New Home Median Price

As we tour housing markets across the Midwest, the topic at the forefront of discussion is the price gap between new homes and existing homes. This gap has widened in every major market across the Midwest since the beginning of …

The 2016 Florida Housing Market Forecast

Moderating Job Growth: We are forecasting significant moderation in job growth across most markets. A spike in retirees will result in fewer working-age adults, leading to strong retiree demand at the same time as slower employment growth.  Watch for moderate economic …

2015 Mid-Atlantic Sales Disappoint

In early November, 10 residential homebuilding executives in the mid-Atlantic area shared their thoughts on the state of their local markets based on sales performance in the third quarter. Albeit a small sample, the responses provide some insight into the …

Tech Buyers Only a Small Portion of San Francisco Bay Area Cash Transactions

With so much attention focused on the billion-dollar Bay Area tech company valuations and San Francisco rents and home prices that have escalated to all-time highs, we decided to work with powerhouse San Francisco Bay Area real estate brokerage Pacific …

Loan Limits Stifling New Home Sales in California and Arizona

The pool of qualified new home buyers appears to be running thin in California. The median new home price now: far exceeds the current GSE and FHA loan limits in Orange County, San Jose, the San Francisco East Bay, and …