Targeting Urban Millennials When Redeveloping



Move over Baby Boomers. The Millennials are now the dominate force in the U.S. housing market. The core group of Millennials is now reaching the 18 to 34 year age range

How Will China’s Latest Economic Stimulus Drive US Home Sales?



As China again cuts its lending rates, how will this have a knock on effect on U.S. home sales? The economic stimulus of 2008/2009 led to an upturn in domestic purchases and in turn, prices. With the Government’s new restrictions on property purchases, will these force buyers to look further afield?

Half of US Homes are Underwater on Mortgages



A new study has revealed that an incredible 50% of all homes in the US are now officially “underwater”, which means that more is owed on the properties than what they’re actually worth.

Rural US States Staging a Recovery



Although the national housing market is still treading water, rural states appear to be faring a little better, according to economic forecasters.   Certain states such as Alaska, Iowa, North Dakota and South Dakota have economies which are dependent on sectors which are performing more strongly, such as energy, agriculture or industry. Although house prices […]

US New Home Sales Struggling to Gain Momentum



Figures just released from the Commerce Department show the housing market is still struggling, as purchases of new homes fell in May by 2.1%, for the first time in three months to 319,000 a year. Builders are facing the problem of nearly 2,000,000 distressed properties, which it is estimated could take three years to sell […]

Full Recovery a Long Way Off Say Most Americans



A full recovery in the US housing market won’t happen for at least another three years, or maybe even longer, say 54% of Americans surveyed by Trulia and Realty Trac last year.   The survey, which was designed to evaluate American’s attitudes to real estate, home ownership and the foreclosure crisis, was a great deal […]

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