Urban Land Institute Survey Indicates Housing Starts To Double By 2014
Real estate economists and analysts are expecting significant turnaround in the national economy and the real estate market within the next three years, according to a new survey by the Urban Land Institute. ULI released the first edition of the semi-annual study – the ULI Real Estate Consensus Forecast – on Wednesday, with the results indicating positive feelings across the …
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Housing Market Research Phoenix-Mesa-Scottsdale AZ
Summary The economy in the Phoenix-Mesa-Scottsdale HMA is primarily based on the trade, professional and business services, government, and education and health services sectors. The leading employers include Bashas’ Inc., US Airways, and Banner Health System. After several years of strong growth in the mid-2000s, nonfarm payrolls began to decline in 2008. During the 12 months ending March 2010, nonfarm payrolls declined by 7.1 percent, or by 130,900 jobs, to 1,921,000 …
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Texas Housing Starts Rise Houston Housing Starts Lead
It is not news that the Texas real estate market leads the nation in recovery. Part is due of course to strong job growth but Texas also acts as a magnet attracting businesses and new citizens because of pro-business policies and the absence of state income taxes. Housing starts are a leading indicator of a recovering market and Texas represents …
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Boom In Apartment Construction Projected With 9.1 Mil New Renters
Although Apartment Construction is down in sync with the nation’s lingering housing slump, an apartment construction boom may be on the horizon. Forecasts indicate 9.1 million new renter households will enter market.
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US Housing Markets Slowly Showing Signs Of Improvement
Embattled US Housing Markets Showing Slow Improvement It is being widely reported that home sales are increasing slightly and eating into the market “overhang.” The inventory of homes for sale in December 2011 was 2.3 8 million, the equivalent of a 6.2–month supply. A 6–month supply of homes typically is considered healthy. It should be noted, however, that there is …
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