U.S. Housing

U.S. Housing

Santa Fe 2013 Stats

The Santa Fe Residential Market: Climbing slowly back to prosperity

The hikes and falls and spasms that describe various moments in the real-estate industry during the last five years make market analyses and predictions in “the old days” seem like child’s play. It’s no wonder that experienced professionals like Cate Adams (in the Santa Fe office of
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January Housing Starts

January Housing Starts

    In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest housing starts data. New home construction fell notably in January,
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January Housing on the Up

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the January edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators.
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Rates on New Home Loans Join Downward Trend

On Christmas Eve, the Federal Housing Finance Agency (FHFA) reported a 10 basis point decline in mortgage interest rates for the month of November. Data from FHFA’s Monthly Interest Rate Survey (MIRS) cover conventional single-family mortgages and distinguish whether the loans are for the
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Online Access: The Importance of Product Experience

From what began as a traditional offline business, real estate began moving online in the late 1990s and has increasingly become not only an online business, but a mobile one. Real estate will always have a fundamental human element, but homebuyers in 2013 have a much different experience than
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10 Reasons to Buy a Brand New Home

Much like the rest of the real estate industry, new home construction is on the rise! Are you a real estate agent who sells or even specializes in new builds? Below is a list of the top 10 reasons for home buyers to buy a brand new house. Feel free to use this information during your buyer
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Today’s Buyers are Looking for these 10 Things in a Home

While David Letterman’s Top 10 lists generally culminate in a No. 1 ranking, the following list includes in no particular order 10 things that are important to buyers today, especially Millennials who represent a significant buyer niche in today’s market. 1. Quality of the neighborhood –
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10% of Home Owners Still Underwater

As prices rise, more home owners are regaining equity. But some metros are still facing a disproportionate number of underwater home owners, those who owe more on their home than it is currently worth. Nationwide, 10.6 percent—or 5.3 million—of all mortgage holders remain underwater. Still,
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Half of all Renters Spend 30% or More Income on Housing

Freddie Mac reports that residents of apartment communities that include five or more rental units currently make up 15 million U.S. households — a figure that is expected to climb with shifting demographics and housing preferences. Such factors as demographic trends, household formations, and
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Closing a New Generation Gap in real estate based on Baby Boomers

Economists who predict underperformance in real estate based on Baby Boomers downsizing are overlooking another huge demographic trend. Each day about 8,000 baby boomers turn 65, and many of them wish to downsize. Given the smaller size of the Generation X or baby bust generation (those born
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