The National Association of REALTORS ® recently analyzed 100 metro areas to determine the best purchase prospects for young buyers; researchers compared the presence of millennials in the area,
local job market conditions, housing affordability and inventory availability.
Not exact matches
Other interesting reasons included the
conditions of their
local job market, and more time to travel.
We carefully analyze
local and regional
market conditions such as
job growth, barriers to entry, and real estate trends, to help us identify the most profitable exit strategy.
Despite steadily improving
local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50 - year low because of a perverse mix of affordability challenges, student loan debt, tight credit
conditions and housing supply shortages.
«However, the fact that multiple new areas are showing up on the list each month is encouraging, and highlights the degree to which
local economic and
job market conditions are what drive individual housing
markets.»
• Stop wondering if we've hit the bottom:
Job security is improving and
local markets offer affordable
conditions for purchasing a home.
Consumer confidence This Conference Board index (base level of 100 set in 1985) measures consumers» attitudes toward the economy, the
local job market, and their own financial
condition.