Posts Tagged ‘Seattle’

Leaders & 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?…

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The 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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Open House Mayhem: Will it Last?

Perhaps there are glimmers of hope for anxious would-be home buyers frustrated by the dearth of existing inventory in many real estate markets (consider this CNBC report today). The January 2015 U.S. Housing Confidence Survey (HCS)–the same survey cited in the CNBC report, and from which The Zillow Housing Confidence Index is derived–reveals that, in…

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Is 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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