Posts Tagged ‘St. Louis’
U.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…
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…
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…
Read MoreLong-term outlook for U.S. home values dims
The long-term outlook for U.S. home values has diminished to a three-year low, and a clear-cut consensus among the experts remains elusive at the national level. This, according to The Q4 edition of the Zillow Home Price Expectations Survey published today. (Pulsenomics conducted the survey and collected 108 responses). Based on the projections of the most…
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…
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…
Read MoreIn Some Pricey Housing Markets, Selling Sentiment is High
Latest U.S. Housing Confidence Survey: the majority of owner-occupied household heads across 20 large metro areas says that now is a good time to sell a home. However, a geographic analysis reveals significant disparities. Note: most of the cities with a below-average number of homeowners who agree that now is a good time to…
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