«When considering buying and building wealth through equity appreciation versus renting, and reinvesting in a portfolio of stocks and bonds, property appreciation does not change the results,» co-author Ken Johnson, real
estate economist at Florida Atlantic University's College of Business, said.
The score for the U.S. as a whole -LRB--.065 in the second quarter) could indicate housing prices continuing to rise, according to Ken Johnson, a real
estate economist at FAU's College of Business who also helped create the index.
«The premium for new properties is decreasing,» says Ethan Vaisman, real
estate economist at CoStar Portfolio Strategy.
Not exact matches
«The Canadian real -
estate market already is in correction mode,» said Krishen Rangasamy, an
economist at National Bank Financial in Montreal.
The crux of the problem, Richard Mattoon, a senior
economist at the Chicago Fed and a lecturer on real
estate at Northwestern University told Canadian Business, is that dividends and capital gains make up a much larger share of top earners» pay than they did in the past — and that part of their compensation package tends to be very volatile.
Baltimore, meanwhile, offers more affordable real
estate, a shovel - ready site
at Port Covington, and an urban feel that suburban Prince George's County lacks, said Anirban Basu an
economist and and CEO of Sage Policy Group in Baltimore.
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.
«A slight decline in real -
estate related balances, consistent with broader housing market developments, contributed to a flat quarter for total outstanding household debt,» Donghoon Lee, senior
economist at the New York Fed, said in a statement.
«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.
Don't worry about alarmist
economists — those
at the Organization for Economic Cooperation and Development, for example, or Nobel Prize - winner Paul Krugman — who are predicting a real
estate crash.
Economists at TD Economics forecast a decade of flat Canadian real
estate prices after inflation.
«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.
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.
At the beginning of the crisis, most
economists, including the present Fed Chairman, said that problems ere limited, because they only affected limited areas of the residential real
estate market.
The
economists at the real
estate information company recently predicted that Los Angeles home values will rise by a mere 1.7 % over the next 12 months (through November 2017).
According to Aaron Terrazas, a senior
economist at Zillow, the inventory shortage in San Diego's real
estate market is partly the result of homeowners who are reluctant to sell:
«[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.
The
economists at the real
estate brokerage Redfin recently predicted that U.S. home prices would rise by 5.3 % during 2017, which would be very close to the 5.5 % year - over-year gain they reported for 2016.
According to
economists at UBS Wealth Management, these six cities all have the notorious designation of being the real
estate markets furthest into «bubble» territory:
«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..
At the beginning of the crisis, most
economists, including the present Fed Chairman, said that problems ere limited, because they only affected limited areas of the residential real
estate market.
That's just a sampling of the opportunistic real
estate investment news Ted Tsiakopoulos, CMHC's Regional
Economist for Ontario, shared recently
at the Canadian Mortgage Brokers» Association (CMBA) of Ontario annual conference.
Economists at the Bank of Montreal recently drilled down into mortgage payments as a percentage of income in Ontario, home to the country's hottest real
estate market.
Earl Sweet, senior
economist and managing director
at BMO Capital Markets has stated that «After a severe and protracted market downturn in the 1990s, the commercial real
estate industry in Canada has been characterized by cautious development and prudent lending practices.»
Pascal Gauthier, an
economist at TD Bank, says the current flock to real
estate is likely a temporary blip caused by not only the low rates, but also the pent - up demand from people who held off buying last fall and winter while they waited to see if the recession was going to turn into a depression.
Economists View http://economistsview.typepad.com/ Cafe Americain http://jessescrossroadscafe.blogspot.com/ Market - Ticker http://market-ticker.denninger.net/ Econbrowser http://www.econbrowser.com/ Greg Mankiw's Blog http://gregmankiw.blogspot.com/ Carpe Diem http://mjperry.blogspot.com/ Credit Writedowns http://www.creditwritedowns.com/ Gregor Macdonald http://gregor.us/ Jeff Miller http://oldprof.typepad.com/ Floyd Norris — NYT http://norris.blogs.nytimes.com/ Market Beat — WSJ and their real time economics blog, deals, and real
estate blog... http://blogs.wsj.com/marketbeat/ FT Alphaville — http://ftalphaville.ft.com/ James Pethokoukis — Reuters http://blogs.reuters.com/james-pethokoukis/ (also Matt Goldstein and Rolfe Winkler
at Reuters) Curious Capitalist — Time http://curiouscapitalist.blogs.time.com/ Matt Taibbi — http://trueslant.com/matttaibbi/ (And others
at the same site) Trader Mark http://www.fundmymutualfund.com/ Dealbreaker http://www.dealbreaker.com/ The Epicurean Dealmaker http://epicureandealmaker.blogspot.com/ Ultimi Barbarorum http://ultimibarbarorum.com/ Zero Hedge http://www.zerohedge.com/ (ask for Tyler Durden or Marla Singer) The Reformed Broker http://thereformedbroker.com/ Crossing Wall Street http://www.crossingwallstreet.com/index.html Cody Willard http://cody.blogs.foxbusiness.com/
«What climate change is doing is basically devaluing all the real
estate south of the United States and making the whole planet less productive,» said study co-author Solomon Hsiang, an
economist and public policy professor
at the University of California Berkeley.
Our friends
at The Inspired
Economist served as our first non-founder host, and did a bang - up job: from green marketing, to solar for small business, to green real
estate, there's a whole range of goodies...
One study conducted by
economists at the University of California, Berkeley and UCLA, found that, in the California real
estate market, single - family homes with green labels sold
at an average premium of 9 % (± 5 %) compared to similar homes from 2007 to 2012.
If one looks
at the numbers provided by FNB Property
Economist John Loos, «with widespread weakness in sentiment late in 2017, showing up in both Consumer and Business Confidence readings as well as the Rand, it came as no surprise to see households remain a relatively conservative bunch
at the time of the fourth quarter 2017 FNB
Estate Agent survey, which was done in October».
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.
Barbara Byrne Denham and Victor Calanog are
economists at Reis, Inc, a provider of commercial real
estate data and analytics.
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.
«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.
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.
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.
«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 Chief
Economist Lawrence Yun provided a peek
at the economic future of residential real
estate at the REALTORS ® Conference & Expo.
Learn what the latest economic indicators mean for the real
estate industry
at NAR's
Economist's Outlook blog.
That's according to
economists at the Economic Issues and Commercial Real
Estate Business Trends Forum
at the 2011 Realtors ® Conference & Expo yesterday.
In some ways, «we're not seeing a New Normal as much as a return to the «Old Normal» before the bubbles of the early 2000s,» says Mark Dotzour, chief
economist with The Real
Estate Center
at Texas A&M University in College Station.
«Because many people are buying with little downpayment, you're going to see sales volume go up whenever interest rates stay low and price appreciation goes up, even if people's income isn't rising much,» says Mark Dotzour, chief
economist at the Real
Estate Center
at Texas A&M University.
Smoke comes to realtor.com ® after serving six years as chief
economist, senior vice president, and other executive roles
at real
estate marketing firm Hanley Wood, and has been focusing on the housing industry for 20 years.