In the course of his career, Riggs has also served as chair of The Counselors of Real Estate and as
chief real estate economist with the CCIM Institute.
Not exact matches
The tighter mortgage lending rules, which make it harder for home buyers to qualify for uninsured mortgages, are also shrinking the pool of qualified buyers for higher - priced homes, said Gregory Klump,
chief economist of the Canadian
Real Estate Association.
«They fell really hard,» said Ralph McLaughlin,
chief economist with
real estate website Trulia.
Stock prices are at record highs, credit spreads are narrow, cap rates in the
real estate market are thin, you have Bitcoin and Ethereum going skyward,» said Moody's Analytics
chief economist Mark Zandi.
Stan Humphries, Zillow's
chief economist, appeared on Bloomberg's «Street Smart» to discuss the home value trends and negative equity numbers from Zillow's second quarter
Real Estate Market Reports.
Prediction: In 2006, the
chief economist of the National Association of Realtors came out with a book predicting that the
real estate boom would continue «into the foreseeable future.»
«Home prices in the greater Seattle area continue to appreciate above average rates,» said Matthew Gardner,
chief economist at Windermere
Real Estate.
Dr. James Gaines,
chief economist with the
Real Estate Center at Texas A&M University, recently echoed this sentiment in comments to The Dallas Morning News.
«Right now, industrial is the cream of the commercial
real estate crop, and the trends driving the sector — including e-retail, cloud computing and legalized cannabis — show no signs of abating,» says Peter Muoio,
chief economist at Ten - X.
Nela Richardson,
Chief Economist, of national
real estate brokerage, Redfin, says, «The pace of sales we saw in March is unsustainable.
«While the momentum for sales activity began improving a few months ago, it may be losing steam after having just climbed back in line with an average of the past 10 years, said Gregory Klump,
chief economist with the Ottawa - based Canadian
Real Estate...
«The market should continue its slow march back to normal, as annual (price) appreciation rates fall to more sustainable levels around 3 percent,» said Stan Humphries,
chief economist at
real estate data provider Zillow.
Dr. Samantak Das,
Chief Economist and National Director — Research, Knight Frank India says, «Though it appears that developers have got a raw deal through RERA, the Act will ensure that serious stakeholders remain in the
real estate sector in India and it is a win - win situation for all.
Ralph McLaughlin,
chief economist at
real estate tracking firm, Trulia, recently elaborated to The Wall Street Journal, as follows: «Ultimately what really matters for builders, what really impacts them, is this delay.
Matthew Gardner,
Chief Economist at Windermere
Real Estate, covering Seattle, says, «Our strong wage growth is still supporting rising home prices, which when combined with the historically low number of homes for sale in Seattle, gives home flippers substantial returns on their investments.
«[
Chief economist Jonathan] Smoke and his team looked at the median number of days homes spent on the market to gauge the supply of homes for sale, and the number of listing views per market to arrive at a list of the 20 hottest
real estate markets in the country.»
Here's how Matthew Gardner,
chief economist at Windermere
Real Estate, explained it to the Oregonian:
Led by
chief economist Jonathan Smoke, the economic team at Realtor.com analyzed
real estate conditions in hundreds of metro areas across the country.
«Housing has become less of a drag, but I don't think it's going to be that engine,» said Stan Humphries,
chief economist at
real -
estate data company Zillow Inc..
Cameron Muir,
chief economist with the British Columbia
Real Estate Association, said a family with household income of $ 80,000 and a five per cent down payment will see their purchasing power drop from $ 505,000 to $ 405,000.
The
Chief Economist of the Canadian
Real Estate Association, Gregory Klump, believes that the combination of limited housing supply and strong buyer demand will prompt more homeowners to stay put and renovate, rather than sell and relocate.
The post Zillow's
Chief Economist Svenja Gudell Shares Insight appeared first on Think Realty A
Real Estate of Mind.
According to BMO
Chief Economist, Douglas Porter, and Senior
Economist, Robert Kavcic, there are a handful of factors that directly or indirectly impact
real estate prices in Toronto and Vancouver.
Meantime, last month, a 10 - percent dip in Lower Mainland home sales offset a 14 - per - cent increase across the rest of the province, reports B.C.
Real Estate Association
chief economist Cameron Muir.
Choose the best time to sell Spring and early fall are prime time for selling homes, says Gregory Klump,
chief economist for the Canadian
Real Estate Association.
Bob Dugan, CMHC's
chief economist, explains that «
real estate markets are inherently local» and that if there is a correction it wouldn't occur uniformly across the country, or even within a city.
«
Real estate is clearly very important,» says CIBC deputy
chief economist Benjamin Tal.
«Tightened regulations are expected to reduce the number of first - time buyers who qualify for mortgage financing, particularly in pricier markets, where there is a severe shortage of lower - priced listings,» explained Gregory Klump,
chief economist for the Canadian
Real Estate Association (CREA).
According to an article published on the ReedConstructionData.com website, author Bernard M. Markstein, RCD U.S.
Chief Economist, writes, «New residential construction spending was up a strong 2.3 %... single - family construction spending increased 1.8 % following a 1.2 % rise... multi-family construction spending surged 4.7 % after jumping an almost as strong 4.1 % in April...» These numbers indicate that residential
real estate is on the rise after a slow building period that spanned several years.
With the price of commercial
real estate having been bid higher, construction activity has been triggered,» says Anbir Basu,
chief economist for Associated Builders & Contractors, Inc., a national construction industry trade association.
Their impact on
real estate markets may be uncertain, but Leading Real Estate Companies of the World ® (LeadingRE) Chief Economist Marci Rossell remains optimistic about the economic effects of these eve
real estate markets may be uncertain, but Leading Real Estate Companies of the World ® (LeadingRE) Chief Economist Marci Rossell remains optimistic about the economic effects of these e
estate markets may be uncertain, but Leading
Real Estate Companies of the World ® (LeadingRE) Chief Economist Marci Rossell remains optimistic about the economic effects of these eve
Real Estate Companies of the World ® (LeadingRE) Chief Economist Marci Rossell remains optimistic about the economic effects of these e
Estate Companies of the World ® (LeadingRE)
Chief Economist Marci Rossell remains optimistic about the economic effects of these events.
U.S. Small Business Administrator Maria Contreras - Sweet joined National Association of Realtors ®
Chief Economist Lawrence Yun at an event highlighting small business issues and commercial
real estate.
Ten - X, an online
real estate transaction marketplace, recently analyzed this sentiment over eight quarters from 2015 to 2017, and it appears the bid - ask gap is present and affecting deal volume, says Peter Muoio,
chief economist at Ten - X.
«We've been going around to our offices explaining the current economic situation and telling associates that they must have confidence that things will work out,» explains the CEO of the 450 - sales associate Star
Real Estate in Fountain Valley, Calif. «We're also having the CALIFORNIA ASSOCIATION OF REALTORS ®»
chief economist, Leslie Appleton - Young, speak to our associates in December to explain today's market and what 2009 will bring.
According to Jim Gaines, the
chief economist at the
Real Estate Center at Texas A&M, «In 2018, Central Texas» housing market will continue to see an increase in both sales and price, despite inventory levels remaining low.
Dr. John Tuccillo —
Chief Economist, Florida REALTORS ® Sherry Chris — President & CEO, Better Homes and Gardens
Real Estate, LLC Helen Hanna Casey — President, Howard Hanna
Real Estate Services Bill Plattos — General Manager / Executive Vice President — First Team
Real Estate Todd Hetherington — CEO, NM Management, Inc. / CENTURY 21 New Millennium
«International buyers are popular scapegoats for rising
real estate prices and shrinking inventory, but domestic factors have had a bigger influence on the housing market, much more so than demand from overseas,» says Dr. Svenja Gudell,
chief economist at Zillow.
The last thing they want to walk into is a situation where a tenant paying above - market rents files for bankruptcy or closes a store and leaves them in a situation where they will be unable to re-lease the space and still get the same rents, notes Robert Bach, senior vice president and
chief economist with Grubb & Ellis, a Santa Ana, Calif. - based commercial
real estate services firm.
My first convention session was Economic Issues and Residential
Real Estate Trends with NAR's
chief economist Lawrence Yun and a member of the U.S. Federal Open Market Committee named Hoenig.
But R.U. Krueger, deputy
chief economist at C.A.R., is one who believes that
real estate could take a hit — if the stock drop was major.
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable
real estate prices, according to Lawrence Yun, National Association of REALTORS ® (NAR)
chief economist.
Amazon wants a 4 - million - square - foot location and we don't necessarily have that much land,» says Matthew Gardner,
chief economist at Windermere
Real Estate.
E-commerce growth continues to fuel demand for most of the country, and industrial properties, both manufacturing and warehouse, remain one of the best performing asset classes in commercial
real estate, said Jeffrey Havsy, CBRE's
chief economist for the Americas, in a recent statement.
«The trend will almost certainly grow in the short term,» says Mark Dotzour,
chief economist at the
Real Estate Center at Texas A&M University.
«We're on the other side of the housing recovery, and the
real estate market looks quite different than it did 15 or even five years ago,» says Dr. Svenja Gudell,
chief economist at Zillow.
NAR's
chief economist, meantime, cautions that while the underlying fundamentals of the U.S. economy also look good for residential and commercial
real estate markets next year, a number of variables might cloud the economic outlook.
NAR
Chief Economist Lawrence Yun provided a peek at the economic future of residential
real estate at the REALTORS ® Conference & Expo.
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable
real estate prices, according to Lawrence Yun, National Association of Realtors ®
chief economist.
Instead, NAR's
Chief Economist David Lereah advises
real estate professionals to be part of the solution.
«Life events drive
real estate transactions,» says Danielle Hale,
chief economist for realtor.com.