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While many analysts predict an increase in housing supply, mortgage lender Jaye Hohman of Hohman Finance also sees downward pressure on prices and rents from the demand side of the equation.
The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business and structural changes affecting the industry.
Many other factors go into determining the relative strength or weakness of the housing market, including: Overall economy: When public confidence is high, the housing market tends to thrive.
Market activity will vary across the US Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is ...
A property cycle is a sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market. [1] [2] Cyclical patterns are a well-documented and consistent feature of housing markets. [3]
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
A housing shortage is one of the big factors causing today’s tight market, and inflation is a big driver of the shortage. The rising costs of building materials and labor have forced builders to ...
The 2000s United States housing bubble or house price boom or 2000s housing cycle [2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis.