Single-family home rental prices are still driving upwards, thanks to a combination of low inventories of rental homes and strong job growth across the nation, says a new report from
Freddie Mac launches re-employment program for struggling or aspiring homeowners
Freddie Mac is launching a new program to help job seekers in rural areas find employment, in partnership with the job-hunting company NextJob.
Baby Boomers Continue to Change the Housing Market
Real estate analysts heavily rely on employment numbers to forecast housing demand. While that’s a good start, if left with only that statistic, it will seriously under estimate the true housing demand. Conventional analysis is that millions of people have left the job market because they have been unable to find employment. And that these
Elections, Real Estate, Jobs, and Sucking Sounds
What can American’s expect their next president to do about the sagging real estate industry? Most experts on the subject would say, nothing. Neither President Obama, nor hopeful Senator Mitt Romney seems to care much about foreclosures or even a resurgence of the market.
Latest Case-Schiller Index – Atlanta, Las Vegas, Hit New Lows
To sum up the latest Case-Schiller Housing Price Report, the good news is that the bad news is not quite as bad as it was. But the bad news is that Atlanta, Las Vegas, Chicago, Portland and New York have hit new lows as home prices in these cities continue a slow but steady slide.
How To Determine If You Are In A “Good” Or “Bad” Housing Market
If you are the typical person out there, reading the main stream media reports about housing, and whether the market is “good or “bad” you probably think that the current market is “bad”. But when it comes to market dynamics, the housing market is neither “good” or “bad”, bur rather, “good” and “bad” are all defined within your personal frame of reference.
Which Came First…The Job Or The House?
The old cliche’ is well known…”Which came first…the chicken or the egg?” And so, with all the wrangling over how to “fix” housing, the question to ask is “which came first, the job or the house?”
Why The “Experts” Can’t Figure Out The Housing Market
We’re seeing a lot of media reports questioning what is happening with the housing market. The data seems to be confusing, and often looks good one month, then ends up being revised downward the next. So what is REALLY going on out there?
The State of Housing & Employment: Cautionary Tales
President Barack Obama, just over a week ago, asked banks to reduce the red tape associated with reducing mortgage payments for some homeowners. For those who could benefit from drastically reduced interest rates, Obama pleaded his case for his plan to help the industry. Meanwhile, so called economic experts quibble over solutions. Obama and his advisers say Real Estate is “the way” to growing the American economy – but what about manufacturing and good paying jobs?