Regional Housing Market Intelligence

Chicago: Lessons from the Most Beat-Up Market in the Country

For years, our thesis has been that the national downturn and recovery (in blue below) will play out similarly to the mid-1980s downturn in Houston (in orange below) and the early-1990s downturn in Southern California (in green below) because both …

Housing Market Fall Classic

“Never let the fear of striking out get in your way” – Babe Ruth October is here: the leaves are changing, jack-o-lanterns are carved, and builders are preparing to hit year-end sales goals. October, of course, is also home to …

Closer In or Farther Out?

It’s no secret that home prices in better-located Southern California markets (closer to the coast, jobs, and good schools) have held up better than prices in inferior locations (those farther inland with longer commutes and not necessarily great schools). But …

Future Growth in Southwest Florida: Outwards and Upwards

Southwest Florida remains a retiree mecca, but rapid job and population growth is increasing family-buyer demand. Affordability is a concern; the median existing home prices in Naples hit $345,000, surpassing 2008 levels, and Fort Myers has had double-digit price appreciation …

A Great Overview of Houston Real Estate

Here is a link to ULI’s very informative event on Houston real estate, where office, apartment, and housing experts shared the brutal truth of what they are seeing in their businesses. The changes in the office and apartment markets have …

Where Do We Grow?

Palm Beach County’s housing market has always been constrained: geographically, with the Everglades to the West and Atlantic Ocean to the East, and affordability-wise, as median home prices continue to climb. With families moving down from the Northeast and Midwest …

Focus on the Mortgage Payment to Sell More Homes

Thanks to low mortgage rates, the monthly costs of homeownership in the Washington, DC MSA are among the lowest in the last three decades. If rates rise, as the bond market seems to suggest will happen, and prices and incomes …

Affordable Florida Housing Markets Take Off

Price-conscious Florida home buyers of all ages have recently created mini-booms in the most affordable suburbs and rural areas. Affordability in the suburbs Sales have increased recently in communities within a 45 minute to 1 hour commute to major employment …

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, …

Don’t Let the Drought Dry Up Your Sales

When shopping for a new home, buyers have a new concern to add to their list: How are the schools? Is the area nice? Is there retail nearby? Will I have water? Maybe. Water has become the issue du jour …