Posts Tagged ‘Los Angeles’
Experts Share Metro-Level Home Price Forecasts for 2023
For the first time in the 14-year history of Pulsenomics’ quarterly Home Price Expectations Survey, we asked our panel of experts to supplement their outlook for nationwide U.S. home prices with their expectations for each of 20 major metropolitan area housing markets. Respondents weighed-in with a price forecast for 2023 and expectations for when a…
Read MoreHousing Confidence: Still Growing
JPMorgan Chase has just announced a partnership with Pulsenomics on a newly-expanded suite of U.S. housing market indices. From respondent data collected in our survey of more than 15,500 households–500 from each of 25 individual metropolitan statistical areas, plus 3,000 from a national sample–The Chase Housing Confidence Indexâ„¢ (HCI) systematically measures and monitors key…
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 MoreOnly Four In Ten Renters Say It’s a Good Time to Buy a Home
Pulsenomics recently completed the latest edition of The U.S. Housing Confidence Survey(HCS). This study entails compilation of 10,000 questionnaires completed by heads of household across the country, and synthesis of more than 300,000 question responses to update the biannual Zillow Housing Confidence Index (ZHCI). One of the dozens of housing-centric questions included in HCS is, “Where…
Read MoreMillennials, Californians High on Housing
The latest Zillow Housing Confidence Index (ZHCI) reveals that homeowner expectations are higher than they were two years ago in the majority of metro areas tracked, and nowhere are they higher now than in The Golden State. The ZHCI homeowner expectations sub-indexes for Los Angeles, San Francisco, and San Jose are now 77.5, 77.3, and…
Read MoreU.S. Housing Confidence Proving Resilient
An index derived from the January 2016 edition of The U.S. Housing Confidence Survey shows that confidence in the residential real estate market is proving resilient, even as investor confidence, business confidence, and consumer economic sentiment have wavered amidst turbulent financial markets and unsettling election-year politics. The latest Zillow Housing Confidence Index — which summarizes the survey…
Read MoreGreat (and Quite Variable) Expectations
“I have been bent and broken, but – I hope – into a better shape.” – Charles Dickens, from Great Expectations The U.S. Housing Confidence Survey (HCS) includes several questions regarding expectations for future home values within the local market where each head of household respondent resides. We ask the questions and carefully monitor the…
Read MoreRenter Aspirations Bottoming in Boston, Booming in L.A.
The level of housing confidence today can influence economic consumption, and supply & demand for residential real estate tomorrow. This is why it is essential to measure and monitor housing confidence. In any real estate market, aspirations for future homeownership among today’s renters are key indicators of housing confidence. The Homeownership Aspirations Index (HAI)–one component…
Read MoreIs Owning a Home Necessary to Live The American Dream?
The majority of households say “yes”, according to the latest U.S. Housing Confidence Survey. However, responses vary considerably by metro area as well as tenure type (i.e., homeowners vs. renters). “Some say that owning a home is necessary to live The Good Life and The American Dream. Do you agree? Or disagree?” (% of Households…
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