Posts Tagged ‘market conditions’
Chicago 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 MoreLower Expectations Dent Housing Confidence
According to the vast majority of 10,000 heads of household who participated in the latest U.S. Housing Confidence Survey conducted by Pulsenomics, prevailing real estate market conditions are healthy, and in most major metropolitan areas, have continued to improve. However, expectations concerning the housing market–while still positive–have reversed course since the start of the year,…
Read MoreConsumer Confidence in Housing is Building
As reported last week, The Zillow® U.S. Composite Housing Confidence Indexâ„¢ (ZHCI) rose to 67.4 in January, an increase of 3.2 points from its level six months earlier and up 3.6 points year-over-year, indicating continued growth in positive housing sentiment within local real estate markets across the country. Analysis of the indicator indices underlying the…
Read MoreSettling Dust from the Housing Bust?
The Q4 edition of the Home Price Expectations Survey was completed last week by Pulsenomics and was published today by Zillow (we administer this quarterly survey to an expert panel comprised of more than 100 economists, housing experts, and market strategists). Although ten percent of the experts who opined believe that housing market conditions are…
Read MoreHome Affordability Conundrum
The latest U.S. Housing Confidence Survey finds that two-thirds (66%) of renters in 20 large metro areas are confident, or somewhat confident, that they will be able to afford to own a home in the future. This is encouraging–especially given the lack of real (inflation-adjusted) wage growth in recent years, tight mortgage credit market conditions,…
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