Search results for: Home Price Expectation Survey
About Us
ABOUT US Pulsenomics® is an independent research and index product development firm that leverages its expertise in data analytics, opinion research, financial markets, and economics to deliver unique insight and market intelligence to our institutional clients, partners, and the public at large. We develop authoritative household surveys, manage unique expert panels, and create innovative indexes…
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INDEXES Housing Confidence Index™ The U.S. Housing Confidence Index™ (HCI) was developed by Pulsenomics to effectively monitor and concisely communicate the pulse of U.S. real estate markets nationally, regionally, and at individual metropolitan area levels. The HCI data set is comprised of more than 750 time series that summarize millions of household attitudinal indicators pertinent…
Read MoreEconomic Eclipse
Last summer, Pulsenomics asked an expert panel of economists, investment strategists, and real estate analysts to weigh-in with expectations re: the timing of, and likely triggers for, the next U.S. recession. In light of policy and financial market developments since then–including a spike in stock market volatility to levels about twice the record-lows recorded during…
Read MoreAmazon HQ2: Economists, Strategists Weigh-In
After receiving 238 bids, Amazon recently announced that it narrowed its focus to 20 cities as the potential home for its second headquarters (“HQ2”). HQ2 will have a profound impact on the chosen city’s real estate market and economy. The just-released Q1 2018 edition of The Zillow Home Price Expectations Survey asked an expert panel…
Read MoreU.S. Housing Confidence Inches Higher
The latest edition of The Zillow Housing Confidence Index (ZHCI), published this morning, shows that confidence in the residential real estate market firmed further in July, reflecting the persistence and breadth of the U.S. housing recovery. For those unfamiliar with this gauge, ZHCI was developed by Pulsenomics LLC to effectively monitor and concisely communicate the…
Read MoreChicago is… Whose Kind of Town??
“And each time I roam, Chicago is calling me home… Chicago is one town that won’t let you down… it’s my kind of town.†Those nostalgic lyrics, first sung by Frank Sinatra in 1964, are a reminder of the good ol’ days in The Windy City. Today, Illinois has no budget, and other state and…
Read MoreNew Construction Double Jeopardy: Land & Labor
Sales of newly built single-family homes have struggled to recover to pre-recession norms, and single family construction activity overall has been anemic despite limited for-sale inventory and evidence of robust demand in certain market segments (e.g., entry-level homes). In the latest Zillow Home Price Expectations Survey, we asked an expert panel of more than 100…
Read MoreLeaders & Laggards in U.S. Housing
As the U.S. housing market recovery has progressed, home values are responding to local economic conditions rather than broader national trends. As a result, some metro-area housing markets with very strong local economies are out-performing the nation as a whole, while others are lagging. Will current market laggards continue to under-perform in 2016 and beyond?…
Read MoreHouseholds Ditch The Rear View Mirror
Real estate is a notoriously inefficient asset class. One symptom of market inefficiency is price inertia, a hallmark of housing markets. However, a comparison of actual U.S. home value changes in the recent past to expected changes for the near future (see below chart) suggests that as households ride the road to real estate recovery,…
Read MoreThe Cost of Rent Control is (Still) Too Damn High
Some U.S. cities are evaluating or implementing new rent control regulations to curtail rapidly-rising rising rents and worsening rental affordability. For example, in just the past few weeks, rent control policy has garnered headlines in New York City, where the Rent Guidelines Board voted to freeze rents for a year on roughly 1 million regulated units…
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