Posts Tagged ‘Pulsenomics’
Housing 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 MoreExperts Predict U.S. Recession in 2020–and that Fed Policy will be the Trigger
One-half of the experts surveyed by Pulsenomics in its most recent panel survey expect the next U.S. recession to begin by the first quarter of 2020, and most of them believe monetary policy will likely trigger the next economic downturn. The mortgage credit and residential real estate busts fueled the Great Recession, but few…
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…
Read More2017 Crystal Ball Award Winners Announced
For the majority of U.S. households, residential real estate is the single largest asset on the balance sheet. Prevailing home equity levels–and expected home value changes–can have an out-sized influence on consumer spending and behavior (i.e., wealth effects). As an asset class, U.S. housing has an aggregate value of almost $30 trillion. For these…
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…
Read More2017 will pump $1 trillion+ into the balance sheet of U.S. homeowners… again.
Based on the average projection of more than 100 experts surveyed by Pulsenomics this month, U.S. home values are expected to increase by 4.8% in 2017. On the heels of last year’s nearly 7% national appreciation rate, the prospect that home prices will rise less than 5% on average this year might be dispiriting…
Read More$5.4 Trillion in Home Equity Separates U.S. Housing Optimists & Pessimists
The latest edition of the Zillow Home Price Expectations Survey was published this morning. A panel of more than 100 experts has updated their expectations for national home price growth rates through 2021. According to widely cited price indices, nominal home values have already eclipsed (or are close to surpassing) their pre-crash peak levels.…
Read MoreMillennials’ Homeownership Aspirations Still Strong
Since the historic U.S. housing bust, there has been much speculation that millennials would lead a permanent shift away from homeownership. The latest U.S. Housing Confidence Survey of 10,000 heads of household–3,095 of whom are of the millennial generation–confirm yet again that renter households headed by 18-34 year-olds continue to have a hearty appetite…
Read MoreGap in U.S. Home Transaction Sentiment is Wider than Ever
Financial capacity limitations–along with a dwindling inventory of affordable single-family homes–are weighing-down renters’ confidence in the housing market, and contributing to a widening gap in “home transaction sentiment.†The latest edition of The U.S. Housing Confidence Survey of 10,000 heads of household–3,762 of whom are renters–reveals a growing imbalance that warrants monitoring. As reported…
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…
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