TEXAS HOUSING INSIGHT

Size: px
Start display at page:

Download "TEXAS HOUSING INSIGHT"

Transcription

1 TEXAS HOUSING INSIGHT JAMES P. GAINES CHIEF ECONOMIST WAYNE DAY RESEARCH ASSISTANT LUIS B. TORRES RESEARCH ECONOMIST TECHNICAL REPORT AUGUST 2016 TR

2 Contents About this Report... 3 June 2016 Summary... 4 Supply... 6 Residential Construction Coincident and Leading Indicator... 6 Single-Family Housing Construction Permits... 6 Major Metros Single-Family Housing Construction Permits... 7 Border Metros Single-Family Housing Construction Permits... 7 Housing Starts... 8 Total New Private Single-Family Construction Value... 8 Months of Inventory... 9 Major Metros Months of Inventory... 9 Border Metros Months of Inventory Demand Housing Sales Major Metros Housing Sales Border Metros Housing Sales Year Mortgage Rate and 10-Year Bond Yield Texas Home Days on Market Major Metros Existing Homes Days on Market Border Metros Existing Homes Days on Market Major Metros New Homes Days on Market Border Metros New Homes Days on Market Prices Housing Price Index Major Metros Housing Price Index Median Sales Price Major Metros Median Sales Price Border Metros Median Sales Price United States Existing and New Home Average Sales Price... 17

3 Texas Existing and New Home Average Sales Price Major Metros Existing Home Average Sales Price Border Metros Existing Home Average Sales Price Major Metros New Home Average Sales Price Border Metros New Home Average Sales Price United States Existing and New Home Median Sales Price Texas Existing and New Home Median Sales Price Major Metros Existing Home Median Sales Price Border Metros Existing Home Median Sales Price Major Metros New Home Median Sales Price Border Metros New Home Median Sales Price Texas Home Average Price Per Square Foot Major Metros Existing Home Average Price Per Square Foot Border Metros Existing Home Average Price Per Square Foot Major Metros New Home Average Price Per Square Foot Border Metros New Home Average Price Per Square Foot Texas Home Median Price Per Square Foot Major Metros Existing Home Median Price Per Square Foot Border Metros Existing Home Median Price Per Square Foot Major Metros New Home Median Price Per Square Foot Border Metros New Home Median Price Per Square Foot Texas Home Sale Price to List Price Ratio Major Metros Existing Home Sale Price to List Price Ratio Major Metros New Home Sale Price to List Price Ratio Housing Opportunity Index (Affordability Index)

4 About this Report Real Estate Center economists continuously monitor many facets of the global, national, and Texas economies. Texas Housing Insight is a summary of important economic indicators that help discern trends in the Texas housing markets. This monthly publication provides data and insights on the Texas housing markets. We hope you find them useful. Your feedback is always appreciated. Send comments and suggestions to Dr. James Gaines, Dr. Luis Torres and Wayne Day Data current as of August 5, , Real Estate Center. All rights reserved. 3

5 June 2016 Summary The Texas economy continued to slow down in June. Total employment expanded 1.4 percent yearover-year with a monthly gain of just 7,200 jobs. Job losses again came from the manufacturing and oil and gas extraction sectors, especially in Houston. Housing demand improved moderately while new construction was constrained by a shortage of skilled labor and developed lots. Houston improved in terms of number of total home sales. Austin and San Antonio continued to show strong housing demand, while Dallas-Fort Worth has slowed somewhat in recent months. Supply The Texas Residential Construction Leading Index (RCLI), which signals future directional changes in the residential construction business cycle of single and multifamily housing, increased moderately for the fourth straight month. The RCLI was positively affected by monthly increases in weighted building permits and in housing starts. The Texas Residential Business Cycle (Coincident) Index, the measure of current construction activity, remained flat as it has been the past several months. Both indicators signal a slowdown in current and future residential construction in the State of Texas. Housing starts declined 8.2 percent seasonally adjusted year-over-year in June. Single-family housing construction permits statewide increased 4.1 percent seasonally adjusted despite lagging growth in Houston and San Antonio. Austin continued to trend upwards in permitting after declining in Dallas-Fort Worth building permits continued at a solid pace. No major MSA has reached its prior peak of permitting levels. Houston (3,386) and Dallas-Fort Worth (3,091) led the nation in the number of single-family permits issued followed by Atlanta (2,141), Phoenix (1,946), and Charlotte (1,527). Months of inventory for existing homes across Texas remained low at 3.5 months. The months of inventory has remained fairly stable since May The nation reported 4.9 months of inventory (around 6.5 months of inventory is considered balanced). Demand In June, total Texas housing sales increased 1.8 percent year-over-year seasonally adjusted (positive 1.8 percent on a nonseasonally adjusted basis) compared with 1.7 percent in the nation (positive 1.9 percent on a nonseasonally adjusted basis). Austin and San Antonio posted solid yearover-year home sales increases. Dallas-Fort Worth continued to weaken month-over-month since reaching a peak in December Houston posted a negative 0.8 percent year-over-year seasonally adjusted rate (negative 0.5 percent not seasonally adjusted) concurrent with a long period of weakening due to the impact of the energy sector decline. Texas year-over-year sales growth exceeded the U.S. for the fifth straight month. Mortgage interest rates remained below 4 percent. The Federal Home Loan Mortgage Corporation reported a 3.57 percent average rate on a 30-year, fixed-rate mortgage while the ten-year U.S. Treasury bond yield equaled 1.64 percent. 4

6 The number of days an existing home was on the market in June remained low at 53 days relative to prior periods reflecting the tight supply. A 91-days, new homes registered longer sales periods than existing homes. The average statewide difference to sell a new home versus an existing home was 38 days. In number of days, Austin (102) and Houston () new homes took longer to sell compared with Dallas-Fort Worth (75) and San Antonio (83). Prices Average and median sales prices have risen dramatically in Texas since 2011 and continued to climb in June. The constrained supply in conjunction with strong demand accelerated price gains. Austin was the house-price-appreciation leader with prices remaining well above the other major metros. Nonenergy employment growth and a strong services sector caused Dallas-Fort Worth to also register strong price appreciation. Due to recent declines in the energy sector and the resulting economic slowdown, Houston has begun to exhibit some softening in the rate of price growth. San Antonio price increases have also softened somewhat. Texas' existing and new home sales prices have steadily climbed in the major metros, although new home prices demonstrated some downward pressure in recent months. The difference from the initial listing price to the actual sales price for new homes has steadily widened in Texas since early In contrast, for existing homes, the price difference after increasing in previous months has flattened, comparable to the ratio for new home sales. This probably reflects a change in market conditions for sellers of new homes. Median new home prices have exceeded existing home prices by 48 percent and by 37 percent based on average sales prices since This price differential results primarily because of increases in home size for newer homes and the significant increases in construction and land costs. The average price per square foot for a new Texas home is approximately 19 percent more than for an existing home. With rapid price appreciation, Texas affordability continues to fall relative to the U.S., especially in the major MSAs. The Housing Opportunity Index for Austin, Dallas, and Houston are found to be below the national value indicating they are relatively less affordable than the rest of the country. In contrast, Fort Worth is found to be relatively more affordable than the nation, while San Antonio seems to register relatively the same affordability as the U.S. Note: Recent changes in the Real Estate Center s data reporting have included shifting from reporting on Multiple Listing Service (MLS) areas to a Metropolitan Statistical Area (MSA). In this report, the respective charts reflecting these changes include Construction Value, Months of Inventory, Housing Sales, and Median Housing Prices. 5

7 Supply Residential Construction Coincident and Leading Indicator (Index Jan 2007 = ) Texas Coincident Index United States Coincident Index Texas Leading Index Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Sources: Real Estate Center at Texas A&M University and Federal Reserve Bank of Dallas Single-Family Housing Construction Permits (Index Jan 2007 = ) United States Texas Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Sources: U.S. Census Bureau and Real Estate Center at Texas A&M University 6

8 Major Metros Single-Family Housing Construction Permits (Index Jan 2007 = ) Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Sources: U.S. Census Bureau and Real Estate Center at Texas A&M University Border Metros Single-Family Housing Construction Permits (Index Jan 2007 = ) Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Sources: U.S. Census Bureau and Real Estate Center at Texas A&M University 7

9 Housing Starts (Index Jan 2007 = ) United States Texas Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Source: U.S. Census Bureau and Bank of Tokyo-Mitsubishi UFJ 120 Total New Private Single Family Construction Value (Index Jan 2007 = ) Texas Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Note: Inflation adjusted. Seasonally adjusted and detrended. University 8

10 Months of Inventory (Months) United States Texas 3 Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Source: U.S. Census Bureau and Real Estate Center at Texas A&M University 9 Major Metros Months of Inventory (Months) Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Sources: Real Estate Center at Texas A&M University 9

11 Border Metros Months of Inventory (Months) Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 University Demand Housing Sales (Index Jan 2007 = ) United States Texas Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 University and National Association of Realtors 10

12 Major Metros Housing Sales (Index Jan 2007 = ) Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Note: Seasonally adjusted sales reported by MLS and detrended. University Brownsville-Harlingen Laredo Border Metros Housing Sales (Index Jan 2007 = ) El Paso McAllen-Edinburg-Mission Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Note: Seasonally adjusted sales reported by MLS and detrended. El Paso: 5/10 is estimated. Laredo: 7/10 is estimated. McAllen-Edinburg-Mission: 4/10 is estimated University 11

13 Year Mortgage Rate and 10-Year Bond Yield (Percent) Mortgage Bond Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Note: Seasonally adjusted. Source: Federal Home Loan Mortgage Corporation and Federal Reserve Board Texas Homes Days on Market (Days) Existing Home Days on Market New Home Days on Market 50 12

14 Major Metros Existing Homes Days on Market (Days) Border Metros Existing Homes Days on Market (Days) Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission

15 Major Metros New Homes Days on Market (Days) Border Metros New Homes Days on Market (Days) Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission 14

16 Prices Housing Price Index (Index Q1 2007=) United States Texas I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II Note: Seasonally adjusted. Source: Federal Housing Finance Agency Major Metros Housing Price Index (Index Q1 2007=) Dallas-Plano-Irving Fort Worth-Arlington El Paso I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II Note: Seasonally adjusted. Source: Federal Housing Finance Agency 15

17 240, , , , ,000 1,000 1,000 1,000 1, , , ,000 Median Sales Price United States Texas Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Source: U.S. Census Bureau and Real Estate Center at Texas A&M University 2,000 2, ,000 Major Metros Median Sales Price 220, ,000 1,000 1, , ,000 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Sources: Real Estate Center at Texas A&M University 16

18 1,000 1, ,000 Brownsville-Harlingen Laredo Border Metros Median Sales Price El Paso McAllen-Edinburg-Mission 140, , ,000,000,000,000,000 Jan-07 Sep-07 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 University 3,000 3, ,000 United States Existing and New Home Average Sales Price Existing Home Average Sales Price New Home Average Sales Price 320, ,000 2,000 2, , , ,000 Source: Federal Reserve Bank of St. Louis 17

19 350, , ,000 Texas Existing and New Home Average Sales Price Existing Home Average Sales Price New Home Average Sales Price 2,000 2, , , ,000 1,000 1,000 3, , , ,000 2,000 2, , , ,000 1,000 1,000 Major Metros Existing Home Average Sales Price Sources: Real Estate Center at Texas A&M 18

20 1,000 1,000 Border Metros Existing Home Average Sales Price Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission 1,000 1, , , , ,000, ,000 3,000 3, , ,000 Major Metros New Home Average Sales Price 300,000 2,000 2, , ,000 Sources: Real Estate Center at Texas A&M 19

21 210,000 Border Metros New Home Average Sales Price 200,000 1,000 1,000 1,000 1, , , ,000 Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission 320, ,000 2,000 United States Existing and New Home Median Sales Price Existing Home Median Sales Price New Home Median Sales Price 2, , , ,000 1,000 1,000 Source: Federal Reserve Bank of St. Louis 20

22 310,000 2,000 2,000 Texas Existing and New Home Median Sales Price Existing Home Median Sales Price New Home Median Sales Price 250, , ,000 1,000 1, , ,000 2,000 2, ,000 Major Metros Existing Home Median Sales Price 220, ,000 1,000 1, , ,000 Sources: Real Estate Center at Texas A&M 21

23 Border Metros Existing Home Median Sales Price 1,000 1, , , , ,000,000,000,000 Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission, , , ,000 Major Metros New Home Median Sales Price 2,000 2, , , ,000 1,000 Sources: Real Estate Center at Texas A&M 22

24 1,000 Border Metros New Home Median Sales Price 1,000 1,000 1, , , , ,000,000 Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission Texas Home Average Price Per Square Foot Existing Home Average Price PSF New Home Average Price PSF 23

25 Major Metros Existing Home Average Price Per Square Foot Sources: Real Estate Center at Texas A&M Border Metros Existing Home Average Price Per Square Foot Brownsville-Harlingen El Paso Laredo McAllen-Edinburg-Mission

26 Major Metros New Home Average Price Per Square Foot Sources: Real Estate Center at Texas A&M Border Metros New Home Average Price Per Square Foot Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission

27 Texas Home Median Price Per Square Foot Existing Home Median Price PSF New Home Median Price PSF Major Metros Existing Home Median Price Per Square Foot Sources: Real Estate Center at Texas A&M 26

28 95 Border Metros Existing Home Median Price Per Square Foot Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission Major Metros New Home Median Price Per Square Foot Sources: Real Estate Center at Texas A&M 27

29 Border Metros New Home Median Price Per Square Foot Brownsville-Harlingen Laredo El Paso McAllen-Edinburg-Mission 0.99 Texas Home Sale Price to List Price Ratio Existing Home Sale-to-List Price Ratio New Home Sale-to-List Price Ratio

30 0.99 Major Metros Existing Home Sale Price to List Price Ratio Sources: Real Estate Center at Texas A&M 0.99 Major Metros New Home Sale Price to List Price Ratio Sources: Real Estate Center at Texas A&M 29

31 Housing Opportunity Index (Affordability Index) (Index) United States Dallas-Plano-Irving Fort Worth-Arlington Houston-Sugar Land-Baytown I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II Note: Seasonally Adjusted Source: National Association of Home Builders and Wells Fargo 30

32 MAYS BUSINESS SCHOOL Texas A&M University 2115 TAMU College Station, TX DIRECTOR GARY W. MALER ADVISORY COMMITTEE RUSSELL CAIN, CHAIRMAN Port Lavaca MARIO A. ARRIAGA Conroe JACQUELYN K. HAWKINS Austin TED NELSON Houston DOUG ROBERTS Austin DOUG JENNINGS, VICE CHAIRMAN Fort Worth KIMBERLY SHAMBLEY Dallas RONALD C. WAKEFIELD San Antonio C. CLARK WELDER San Antonio BILL JONES, EX-OFFICIO Temple i

Monthly Review of the Texas Economy

Monthly Review of the Texas Economy AT TEXAS A&M UNIVERSITY Monthly Review of the Texas Economy By Ali Anari, Research Economist TECHNICAL REPORT 1 8 6 OC TOBER 15 TR Monthly Review of the Texas Economy October 15 By Ali Anari Texas economy

More information

Monthly Review of the Texas Economy

Monthly Review of the Texas Economy AT TEXAS A&M UNIVERSITY Monthly Review of the Texas Economy By Ali Anari, Research Economist T E C H N I C A L R E P O RT 1 8 6 SEPTEMBER 16 TR Monthly Review of the Texas Economy September 16 By Ali Anari

More information

Ranking metros by percentage share of employment in

Ranking metros by percentage share of employment in OCTOBER 2013 Texas Economy PUBLICATION 2041 A Reprint from Tierra Grande magazine 2013. Real Estate Center. All rights reserved. By Ali Anari Texas economy is all about jobs. To better understand how the

More information

Rising Flood Insurance, Sinking Home Values

Rising Flood Insurance, Sinking Home Values JULY 2014 Housing Markets PUBLICATION 2068 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. A FLASH FLOOD with twice the force of Niagara Falls inundated neighborhoods

More information

Former Federal Reserve Chairman Alan Greenspan argued

Former Federal Reserve Chairman Alan Greenspan argued JULY 213 Housing Markets PUBLICATION 233 A Reprint from Tierra Grande magazine 213. Real Estate Center. All rights reserved. Former Federal Reserve Chairman Alan Greenspan argued in 5 that the Fed saw

More information

PUBLICATION 1911 A Reprint from Tierra Grande

PUBLICATION 1911 A Reprint from Tierra Grande JULY 2009 Homebuying PUBLICATION 1911 A Reprint from Tierra Grande The housing crisis that began in 2005 and is still going on has been blamed on declining lending standards, easy initial terms for mortgage

More information

It wasn t all that long ago that real estate professionals wondered

It wasn t all that long ago that real estate professionals wondered JULY 2014 Homebuying PUBLICATION 2067 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. By Mark G. Dotzour, Colt Kokel and Joshua Parulian It wasn t all that long ago

More information

Oil Prices Lead, Land Prices Follow

Oil Prices Lead, Land Prices Follow OCTOBER 214 Land Markets PUBLICATION 277 A Reprint from Tierra Grande magazine 214. Real Estate Center. All rights reserved. Oil Prices Lead, Land Prices Follow By Ali Anari and Charles E. Gilliland Since

More information

Texas First-Time Homebuyer Program

Texas First-Time Homebuyer Program JULY 2012 Homebuying PUBLICATION 2005 A Reprint from Tierra Grande Texas First-Time Homebuyer Program By Harold D. Hunt Licensees with clients who are looking for their first homes should be familiar with

More information

U.S. and Regional Housing Markets

U.S. and Regional Housing Markets U.S. and Regional Housing Markets House Prices Boom, Bust and Rebound Index, 1991: Q1=1* 3 CoreLogic house price index Real FHFA house price index 25 2 15 1 5 1991 199 1997 2 23 26 29 212 215 *Seasonally

More information

Texas Population Growth, Projections, and Implications

Texas Population Growth, Projections, and Implications Texas Population Growth, Projections, and Implications Maya Halebic, M.B.A. Senior Economist MARCH 2012 Questions or comments concerning this publication shall be directed to Maya Halebic at mayah@sahcc.org,

More information

2015 Texas Economic Outlook: Tapping on the Brakes Keith Phillips Sr. Economist and Research Officer

2015 Texas Economic Outlook: Tapping on the Brakes Keith Phillips Sr. Economist and Research Officer 215 Texas Economic Outlook: Tapping on the Brakes Keith Phillips Sr. Economist and Research Officer The views expressed in this presentation are strictly those of the presenter and do not necessarily reflect

More information

Texas Condominium Mid-Year Sales Report

Texas Condominium Mid-Year Sales Report Texas Condominium Mid-Year Sales Report 2015 Edition Release date: July 1, 2015 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the Texas Condominium Mid-Year Sales

More information

Texas Luxury Home Sales Report

Texas Luxury Home Sales Report Texas Luxury Home Sales Report 2014 Edition Release date: Jan. 6, 2014 Contact: Stacy Armijo Pierpont Communications 512-448-4950 sarmijo@piercom.com About the Texas Luxury Home Sales Report The Texas

More information

ISSUES OF OUR TIMES INFLATION AND DEFLATION. Mark G. Dotzour. Chief Economist. Gerald Klassen. Research Analyst REPORT1946 AT TEXAS A&M UNIVERSITY

ISSUES OF OUR TIMES INFLATION AND DEFLATION. Mark G. Dotzour. Chief Economist. Gerald Klassen. Research Analyst REPORT1946 AT TEXAS A&M UNIVERSITY ISSUES OF OUR TIMES INFLATION AND DEFLATION Mark G. Dotzour Chief Economist Gerald Klassen Research Analyst REPORT1946 AT TEXAS A&M UNIVERSITY Inflation and Deflation Dr. Mark G. Dotzour Chief Economist

More information

THE S&P CORELOGIC CASE-SHILLER NATIONAL INDEX EXTENDS NEW HIGH AS HOME PRICE GAINS CONTINUE

THE S&P CORELOGIC CASE-SHILLER NATIONAL INDEX EXTENDS NEW HIGH AS HOME PRICE GAINS CONTINUE THE S&P CORELOGIC CASE-SHILLER NATIONAL INDEX EXTENDS NEW HIGH AS HOME PRICE GAINS CONTINUE NEW YORK, December 27, 2016 S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller

More information

ROOF TAXES THROUGH PROPERTY DELINQUENT PROVE COSTLY BY CHARLES E. GILLILAND AND SARAH WHITMORE

ROOF TAXES THROUGH PROPERTY DELINQUENT PROVE COSTLY BY CHARLES E. GILLILAND AND SARAH WHITMORE JULY 2012 Property Taxes PUBLICATION 2006 A Reprint from Tierra Grande THROUGH THE Most ROOF DELINQUENT PROPERTY TAXES PROVE COSTLY BY CHARLES E. GILLILAND AND SARAH WHITMORE property owners know that

More information

Looming Boom Texas Through 2030

Looming Boom Texas Through 2030 JANUARY 2008 Texas Economy PUBLICATION 1841 A Reprint from Tierra Grande Looming Boom Texas Through 2030 By James P. Gaines The Lone Star State is being discovered by the rest of the country because of

More information

PRESS RELEASE. Rise in Home Prices Paced by Denver, Miami, and Dallas According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Rise in Home Prices Paced by Denver, Miami, and Dallas According to the S&P/Case-Shiller Home Price Indices Rise in Home Prices Paced by Denver, Miami, and Dallas According to the S&P/Case-Shiller Home Price Indices New York, March 31, 2015 today released the latest results for the S&P/Case-Shiller Home Price

More information

Keith Phillips, Sr. Economist and Research Officer

Keith Phillips, Sr. Economist and Research Officer 215 Texas Economic Outlook: Strong Growth t o Continue Keith Phillips, Sr. Economist and Research Officer National Economy Picking Up Last year, international weakness, policy uncertainty, sharp cuts in

More information

Retail electricity markets were deregulated across most

Retail electricity markets were deregulated across most APRIL 2014 Development Issues PUBLICATION 2061 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. Retail electricity markets were deregulated across most of Texas in 2002.

More information

Texas Luxury Home Sales Report

Texas Luxury Home Sales Report Texas Luxury Home Sales Report 2015 Edition Release date: Jan. 5, 2015 Contact: Stacy Armijo Pierpont Communications 512-448-4950 sarmijo@piercom.com About the Texas Luxury Home Sales Report The Texas

More information

Texas Condominium Mid-Year Sales Report

Texas Condominium Mid-Year Sales Report Texas Condominium Mid-Year Sales Report 2014 Edition Release date: July 1, 2014 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the Texas Condominium Mid-Year Sales

More information

The housing industry in the Houston area is responsible

The housing industry in the Houston area is responsible Policy Brief No. 77 Hou s i n g Ma r k e t Resilience an d Af f o r da b i l i t y in Ho u s t o n, Te x a s by Samuel R. Staley, Ph.D. The housing industry in the Houston area is responsible for more

More information

Texas Quarterly Housing Report

Texas Quarterly Housing Report Covering 2015-Q3 Release date: Nov. 2, 2015 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the Texas Quarterly Data for the Texas Quarterly is provided by the Data

More information

HOME PRICE GAINS IN JULY SLOW ACCORDING TO THE S&P CORELOGIC CASE-SHILLER INDICES

HOME PRICE GAINS IN JULY SLOW ACCORDING TO THE S&P CORELOGIC CASE-SHILLER INDICES HOME PRICE GAINS IN JULY SLOW ACCORDING TO THE S&P CORELOGIC CASE-SHILLER INDICES NEW YORK, September 27, 2016 S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller

More information

Salt Lake Housing Forecast

Salt Lake Housing Forecast 2016 Salt Lake Housing Forecast Exceptional Market Fundamentals Home prices and sales continue strong upward trend; gains in 2015 driven by state s job growth By James Wood Ivory-Boyer Senior Fellow, Kem

More information

PRESS RELEASE. Home Price Gains Ease in April According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Price Gains Ease in April According to the S&P/Case-Shiller Home Price Indices Home Price Gains Ease in April According to the S&P/Case-Shiller Home Price Indices New York, June 30, 2015 today released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure

More information

Selling Homes on Island Time

Selling Homes on Island Time JANUARY 2015 Housing Markets PUBLICATION 2082 A Reprint from Tierra Grande magazine 2015. Real Estate Center. All rights reserved. South Padre Paradox By Harold D. Hunt Selling Homes on Island Time South

More information

The sustained good news in home prices over the past five months makes us optimistic for continued recovery in the housing market.

The sustained good news in home prices over the past five months makes us optimistic for continued recovery in the housing market. PRESS RELEASE Home Prices Continued to Rise in August 2012 According to the S&P/Case-Shiller Home Price Indices New York, October 30, 2012 Data through August 2012, released today by S&P Dow Jones Indices

More information

Home Prices Closed Out a Strong 2012 According to the S&P/Case-Shiller Home Price Indices

Home Prices Closed Out a Strong 2012 According to the S&P/Case-Shiller Home Price Indices Percent change, year ago PRESS RELEASE Home Prices Closed Out a Strong 2012 According to the S&P/Case-Shiller Home Price Indices New York, February 26, 2013 Data through December 2012, released today by

More information

PRESS RELEASE. S&P/Case-Shiller National Home Price Index Pace Eases While Eight Cities Show Faster Gains

PRESS RELEASE. S&P/Case-Shiller National Home Price Index Pace Eases While Eight Cities Show Faster Gains S&P/Case-Shiller National Home Price Index Pace Eases While Eight Cities Show Faster Gains New York, December 30, 2014 today released the latest results for the S&P/Case-Shiller Home Price Indices, the

More information

Texas International Homebuyers Report

Texas International Homebuyers Report Texas International Homebuyers Report 2015 Edition Release date: Sept. 1, 2015 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the 2015 Texas International Homebuyers

More information

PRESS RELEASE. Home Prices Steadily Rise in July 2013 According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Prices Steadily Rise in July 2013 According to the S&P/Case-Shiller Home Price Indices Home Prices Steadily Rise in July 2013 According to the S&P/Case-Shiller Home Price Indices New York, September 24, 2013 Data through July 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller

More information

Houston Executive Market Briefing

Houston Executive Market Briefing Houston Executive Market Briefing June 2014 David Jarvis Executive Vice President 2211 Norfolk St., Suite 803 Houston, TX 77098 (713) 535-2250 www.mcalisterinv.com I am extremely excited about joining

More information

Electronic Transactions

Electronic Transactions OCTOBER 2014 Brokerage PUBLICATION 2073 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. Electronic Transactions When Email Becomes a Contract by Judon Fambrough David,

More information

ECONOMIC TRENDS MONTHLY

ECONOMIC TRENDS MONTHLY ECONOMIC TRENDS MONTHLY ISSUED APRIL 28, 2012 COVERING DATA THRU MARCH 2012 Steve Nivin, Ph.D.; Maya Halebic, M.B.A.; Ramiro Cavazos Please contact Steve Nivin with any questions or comments at snivin@saberinstitute.org

More information

Owner spending on improvements to existing homes also rose over the past year. Benefiting from strengthening house sales, CONSTRUCTION RECOVERY

Owner spending on improvements to existing homes also rose over the past year. Benefiting from strengthening house sales, CONSTRUCTION RECOVERY 2 Housing Markets After another year of healthy growth in 213, the housing market paused in the first quarter of 214. The renewed weakness in residential construction, sales, and prices raised fears that

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices Some More Seasonal Improvement in Home Prices According to the S&P/Case-Shiller Home Price Indices New York, July 26, 2011 Data through May 2011, released today by S&P Indices for its S&P/Case- Shiller

More information

HOME PRICE INCREASES EASE IN MAY ACCORDING TO THE S&P CORELOGIC CASE- SHILLER INDICES

HOME PRICE INCREASES EASE IN MAY ACCORDING TO THE S&P CORELOGIC CASE- SHILLER INDICES HOME PRICE INCREASES EASE IN MAY ACCORDING TO THE S&P CORELOGIC CASE- SHILLER INDICES NEW YORK, July 26, 2016 S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller

More information

PRESS RELEASE. Home Price Gains Lead Housing According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Price Gains Lead Housing According to the S&P/Case-Shiller Home Price Indices Home Price Gains Lead Housing According to the S&P/Case-Shiller Home Price Indices New York, July 28, 2015 today released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure

More information

Home Prices See Strong Gains in the First Quarter of 2013 According to the S&P/Case-Shiller Home Price Indices

Home Prices See Strong Gains in the First Quarter of 2013 According to the S&P/Case-Shiller Home Price Indices Home Prices See Strong Gains in the First Quarter of 2013 According to the S&P/Case-Shiller Home Price Indices New York, May 28, 2013 Data through March 2013, released today by S&P Dow Jones Indices for

More information

HOME PRICES CONTINUE GAINS IN APRIL ACCORDING TO THE S&P/CASE-SHILLER HOME PRICE INDICES

HOME PRICES CONTINUE GAINS IN APRIL ACCORDING TO THE S&P/CASE-SHILLER HOME PRICE INDICES HOME PRICES CONTINUE GAINS IN APRIL ACCORDING TO THE S&P/CASE-SHILLER HOME PRICE INDICES NEW YORK, June 28, 2016 S&P Dow Jones Indices today released the latest results for the S&P/Case-Shiller Home Price

More information

PRESS RELEASE. Home Prices Lose Momentum According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Prices Lose Momentum According to the S&P/Case-Shiller Home Price Indices Home Prices Lose Momentum According to the S&P/Case-Shiller Home Price Indices New York, February 25, 2014 Data through December 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller 1

More information

Durango Real Estate: Revisiting California and Price-to-Rent by Luke T Miller, PhD

Durango Real Estate: Revisiting California and Price-to-Rent by Luke T Miller, PhD Durango Real Estate: Revisiting California and Price-to-Rent by Luke T Miller, PhD About one year ago, I compared Durango real estate to southern California and also conducted a price-to-rent ratio analysis

More information

Foreclosure Forecast Texas Floats While Nation Flails

Foreclosure Forecast Texas Floats While Nation Flails OCTOBER 28 Housing Markets PUBLICATION 1876 A Reprint from Tierra Grande Foreclosure Forecast Texas Floats While Nation Flails By James P. Gaines The downturn in the capital and mortgage markets has been

More information

Multifamily Property Valuations

Multifamily Property Valuations Multifamily Property Valuations April 12, 2012 Steve Guggenmos 571-382-3520 Jun Li 571-382-5047 Harut Hovsepyan 571-382-3143 Tom Shaffner 571-382-4156 Yu Guan 571-382-4730 Multifamily property values fell

More information

Report on Nevada s Housing Market

Report on Nevada s Housing Market June Report on Nevada s Housing Market This is the first of a series of reports on Nevada s Housing Market co-presented by the Lied Institute for Real Estate Studies at the University of Nevada, Las Vegas

More information

PUBLICATION 2064 A Reprint from Tierra Grande magazine. By Harold D. Hunt

PUBLICATION 2064 A Reprint from Tierra Grande magazine. By Harold D. Hunt JULY 2014 Market Profile PUBLICATION 2064 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. By Harold D. Hunt Sense of place is an elusive concept that many cities chase

More information

A Picture Worth 1,000 Words

A Picture Worth 1,000 Words Volume 24, No. 4, January 28, 2011 CWS CAPITAL PARTNERS LLC CWS Capital Partners LLC CALENDAR OF EVENTS Prior to March 2011 K-1 s Mailed April 13, 2011 CWS Capital Partners Annual Shareholder s Meeting

More information

Making Sense of the Housing Recovery

Making Sense of the Housing Recovery Making Sense of the Housing Recovery John V. Duca * Associate Director of Research and Vice President Federal Reserve Bank of Dallas Adjunct Professor Southern Methodist University * I thank Camden Cornwell

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Houston-Sugar Land-Baytown, Texas Quick Facts About Houston-Sugar LandBaytown By Robert Stephens Current sales market conditions: slightly tight. Current apartment market conditions: balanced. The inventory

More information

Home Price Increases Slow Down in February According to the S&P/Case-Shiller Home Price Indices

Home Price Increases Slow Down in February According to the S&P/Case-Shiller Home Price Indices Home Price Increases Slow Down in February According to the S&P/Case-Shiller Home Price Indices New York, April 26, 2016 S&P Dow Jones Indices today released the latest results for the S&P/Case-Shiller

More information

Rights and Responsibilities of Mineral Cotenants

Rights and Responsibilities of Mineral Cotenants Rights and Responsibilities of Mineral Cotenants Judon Fambrough Senior Lecturer and Attorney at Law Special Report 843 Rights and Responsibilities of Mineral Cotenants Judon Fambrough Senior Lecturer

More information

CREDIT UNION TRENDS REPORT

CREDIT UNION TRENDS REPORT $ in Billions CREDIT UNION TRENDS REPORT CUNA Mutual Group Economics July 216 (May 216 Data) Highlights During May, credit unions picked-up 431, in new memberships, loan and savings balances grew at an

More information

PUBLICATION 2016 A Reprint from Tierra Grande magazine. homes for the brave

PUBLICATION 2016 A Reprint from Tierra Grande magazine. homes for the brave JANUARY 2013 Homebuying PUBLICATION 2016 A Reprint from Tierra Grande magazine 2013. Real Estate Center. All rights reserved. homes for the brave By Harold D. Hunt Texas veterans looking to finance a home

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices U.S. Home Prices Keep Weakening as Nine Cities Reach New Lows According to the S&P/Case-Shiller Home Price Indices New York, January 25, 2011 Data through November 2010, released today by Standard & Poor

More information

Not Your Grandfather s Trailer House

Not Your Grandfather s Trailer House OCTOBER 2013 Green Building PUBLICATION 2042 A Reprint from Tierra Grande magazine 2013. Real Estate Center. All rights reserved. Not Your Grandfather s Trailer House BY HAROLD D. HUNT Few would argue

More information

Durango Real Estate: Look West to Cal-i-forn-i-a by Luke T Miller

Durango Real Estate: Look West to Cal-i-forn-i-a by Luke T Miller Durango Real Estate: Look West to Cal-i-forn-i-a by Luke T Miller As a finance professor, I often get asked my opinion of the housing market. Many times I respond with the most recent housing numbers.

More information

Denver Area Housing Inventory Tight in November, Prices Remain Strong

Denver Area Housing Inventory Tight in November, Prices Remain Strong FOR IMMEDIATE RELEASE Media Contact: Deborah Shipley dshipley@metrolist.com 303.796.2575 Denver Area Housing Inventory Tight in November, Prices Remain Strong DENVER December 4, 2014 According to Metrolist,

More information

S&P/Case-Shiller Home Price Indices 24%

S&P/Case-Shiller Home Price Indices 24% Home Prices Increases Slow Down in August According to the S&P/Case-Shiller Home Price Indices New York, October 26, 2010 Data through August 2010, released today by Standard & Poor s for its S&P/Case-Shiller

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices The Fourth Quarter Starts with Broad-based Declines in Home Prices According to the S&P/Case-Shiller Home Price Indices New York, December 27, 2011 Data through October 2011, released today by S&P Indices

More information

2015 KANSAS HOUSING MARKETS FORECAST WICHITA STATE UNIVERSITY W. FRANK BARTON SCHOOL OF BUSINESS CENTER FOR REAL ESTATE

2015 KANSAS HOUSING MARKETS FORECAST WICHITA STATE UNIVERSITY W. FRANK BARTON SCHOOL OF BUSINESS CENTER FOR REAL ESTATE 15 KANSAS HOUSING MARKETS FORECAST 15 KANSAS HOUSING MARKETS FORECAST KANSAS CITY WELCOME Faith Atteberry WSU Center for Real Estate Karen Gehle Association of REALTORS Jeremy Hill WSU Center for Economic

More information

More than Just Curb Appeal Factors that affect the Housing Market

More than Just Curb Appeal Factors that affect the Housing Market Insight. Education. Analysis. M a r c h 2 0 1 5 More than Just Curb Appeal Factors that affect the Housing Market By Kevin Chambers Not only is buying a house usually the largest purchase anyone will make,

More information

MBA Forecast Commentary Lynn Fisher, Mike Fratantoni, Joel Kan

MBA Forecast Commentary Lynn Fisher, Mike Fratantoni, Joel Kan MBA Forecast Commentary Lynn Fisher, Mike Fratantoni, Joel Kan Stronger Data Lead to Upward Revisions in Purchase Originations Forecast for 2015 and 2016 MBA Economic and Mortgage Finance Commentary: July

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices Annual Rates of Change Continue to Improve According to the S&P/Case-Shiller Home Price Indices New York, October 25, 2011 Data through August 2011, released today by S&P Indices for its S&P/Case-Shiller

More information

Houston Economic Outlook. Presented by Patrick Jankowski Vice President, Research

Houston Economic Outlook. Presented by Patrick Jankowski Vice President, Research Houston Economic Outlook Presented by Patrick Jankowski Vice President, Research www.houston.org Follow me on Twitter @pnjankowski Read my blog: wwwhouston.org/economy/blog Connect with me: www.linkedincom/in/pnjankowski

More information

Special Thanks to: Publication design by VISUAL FUSION visualfusiongraphicdesign.com AND PARTICIPATING REALTOR MLS SYSTEMS ACROSS KANSAS

Special Thanks to: Publication design by VISUAL FUSION visualfusiongraphicdesign.com AND PARTICIPATING REALTOR MLS SYSTEMS ACROSS KANSAS Special Thanks to: Karen Gehle Kansas Association of REALTORS Jeremy Hill WSU Center for Economic Development and Business Research Tennsui Khow WSU Center for Real Estate John Ringgold Real Estate Business

More information

Salt Lake Housing Forecast

Salt Lake Housing Forecast 2015 Salt Lake Housing Forecast A Sustainable Housing Market By James Wood Director of the Bureau of Economic and Business Research Commissioned by the Salt Lake Board of REALTORS By year-end 2013 home

More information

PRESS RELEASE. Home Prices Rise Further in August 2013 According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Prices Rise Further in August 2013 According to the S&P/Case-Shiller Home Price Indices Home Prices Rise Further in August 2013 According to the S&P/Case-Shiller Home Price Indices New York, October 29, 2013 Data through August 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices National Home Prices Are Close to the 2009Q1 Trough According to the S&P/Case-Shiller Home Price Indices New York, February 22, 2011 Data through December 2010, released today by Standard & Poor s for

More information

The Florida Housing Market

The Florida Housing Market Florida International University FIU Digital Commons Economics Research Occasional Paper Series Department of Economics 1-2007 The Florida Housing Market Jorge Salazar-Carrillo Department of Economics,

More information

New rules mandated by the Dodd-Frank Wall Street

New rules mandated by the Dodd-Frank Wall Street JANUARY 2014 Homebuying PUBLICATION 2052 A Reprint from Tierra Grande magazine 2014. Real Estate Center. All rights reserved. New rules mandated by the Dodd-Frank Wall Street Reform and Consumer Protection

More information

} The state s strength

} The state s strength Housing Recovery Gains Momentum By D Ann Petersen and Christina Daly } The state s strength made it a magnet for those looking for work and contributed to No. ranking for domestic inmigration for a seventh

More information

Austin Market Update. January 2015

Austin Market Update. January 2015 Austin Market Update January 2015 Topics 1. Do we have a Housing Bubble? Are Austin homes overpriced? 2. Housing Inventory? Improving or getting worse? 3. Austin Job Growth 4. Austin Economy through 2020

More information

Real Estate Recovery Gains Momentum

Real Estate Recovery Gains Momentum Real Estate Recovery Gains Momentum By Jim Wood Director of the Bureau of Economic and Business Research University of Utah Salt Lake County s real estate recovery gained momentum in 2012. Housing prices

More information

Multifamily Demand Forecast

Multifamily Demand Forecast October 31, 2012 Steve Guggenmos 571-382-3520 Jun Li 571-382-5047 Harut Hovsepyan 571-382-3143 Tom Shaffner 571-382-4156 Yu Guan 571-382-4730 Xiaoli Liang 571-382-3250 Multifamily Demand Forecast Recent

More information

Austin: A Theory of Everything How & why Austin is changing and what we should do about it

Austin: A Theory of Everything How & why Austin is changing and what we should do about it Austin: A Theory of Everything How & why Austin is changing and what we should do about it 2014 Realty Round Up Palmer Events Center Austin, TX October 15, 2014 Austin rank among U.S. metros since 2000

More information

Population Change in Texas and The Dallas-Fort Worth Area: Implications for Education, the Labor Force and Economic Development

Population Change in Texas and The Dallas-Fort Worth Area: Implications for Education, the Labor Force and Economic Development Population Change in Texas and The Dallas-Fort Worth Area: Implications for Education, the Labor Force and Economic Development Steve H. Murdock, Director Hobby Center for the Study of Texas and Allyn

More information

HOUSING PROFILE. Housing + Real Estate + Home Building. A Marketplace Snapshot. for Greenville, Pickens, and Laurens counties, South Carolina

HOUSING PROFILE. Housing + Real Estate + Home Building. A Marketplace Snapshot. for Greenville, Pickens, and Laurens counties, South Carolina HOUSING PROFILE A Marketplace Snapshot Housing + Real Estate + Home Building for Greenville, Pickens, and Laurens counties, South Carolina Produced by: Home Builders Association of Greenville Greater Greenville

More information

S&P/Case-Shiller Home Price Indices

S&P/Case-Shiller Home Price Indices For the Past Year Home Prices Have Generally Moved Sideways According to the S&P/Case-Shiller Home Price Indices New York, July 27, 2010 Data through May 2010, released today by Standard & Poor s for its

More information

House for sale (Dept. of Finance) Real Estate

House for sale (Dept. of Finance) Real Estate House for sale (Dept. of Finance) Real Estate The residential real estate market turned in another solid performance in 2010. Strong demand for housing during the first half of 2010 was fuelled by record

More information

July 2013 King County Economic and Revenue Forecast

July 2013 King County Economic and Revenue Forecast July 2013 King County Economic and Revenue Forecast Briefing to the King County Forecast Council July 24 th, 2013 Dave Reich, Chief Economist Office of Economic and Financial Analysis Summary The U.S.

More information

REAL ESTATE MARKETING UPDATE

REAL ESTATE MARKETING UPDATE From the Desk of Renee Carnes-Rook Vice President, Real Estate Services In the midst of unprecedented economic and market pressures, tight credit markets, difficult-to-obtain loans, and a cloudy employment

More information

Housing Price Forecasts, 2015. Illinois and Chicago MSA

Housing Price Forecasts, 2015. Illinois and Chicago MSA Housing Price Forecasts, 2015 Illinois and Chicago MSA Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs

More information

HUD PD&R WORKING PAPER 10-01 U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability. By Rob Collinson and Ben Winter January 2010

HUD PD&R WORKING PAPER 10-01 U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability. By Rob Collinson and Ben Winter January 2010 HUD PD&R WORKING PAPER 10-01 U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability By Rob Collinson and Ben Winter January 2010 Abstract The aim of this working paper is to document key

More information

2014 Kern County. Economic Forecast. California

2014 Kern County. Economic Forecast. California 214 Kern County Economic Forecast California Economic Forecast March 26, 214 Bakersfield, California The 214 Kern County Economic Forecast Volume 1 March 214 Prepared for: Kern Economic Development Corporation

More information

PRESS RELEASE. Widespread Gains in Home Prices for February According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Widespread Gains in Home Prices for February According to the S&P/Case-Shiller Home Price Indices Widespread Gains in Home Prices for February According to the S&P/Case-Shiller Home Price Indices New York, April 28, 2015 today released the latest results for the S&P/Case-Shiller Home Price Indices,

More information

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Pueblo, Colorado. Summary. Economy

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Pueblo, Colorado. Summary. Economy C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S Pueblo, Colorado U.S. Department of Housing and Urban Development Office of Policy Development and Research As of May 1, 26 Summary Housing

More information

BRANDERS BRIDGE - LAND FOR SALE OR LEASE

BRANDERS BRIDGE - LAND FOR SALE OR LEASE BRANDERS BRIDGE - LAND FOR SALE OR LEASE CHESTER, VA 23831 FEATURES 20+/- acres available for sale or lease Excellent frontage on Ironbridge Road (Rt. 10) Located at the signalized intersection of Route

More information

Texas Home Builder Business Structuring

Texas Home Builder Business Structuring Texas Home Builder Business Structuring J. Russell Peterson, PhD and Joe Horlen, JD Texas A&M University College Station, Texas This paper examines legal business entities utilized by Texas home builders.

More information

Executive Summary. Texas International Homebuyers Report. 2014 Edition Release date: Sept. 2, 2014

Executive Summary. Texas International Homebuyers Report. 2014 Edition Release date: Sept. 2, 2014 Texas International Homebuyers Report 2014 Edition Release date: Sept. 2, 2014 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the 2014 Texas International Homebuyers

More information

THE STATE OF THE NATION S HOUSING 2016

THE STATE OF THE NATION S HOUSING 2016 THE STATE OF THE NATION S HOUSING 2016 KEY FACTS Facts from the 2016 State of the Nation s Housing Report from the Joint Center for Housing Studies of Harvard University PURPOSE The State of the Nation

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy Brought to you by San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego s standing relative

More information

PRESS RELEASE. Home Prices Grew at Twice the Rate of Inflation in 2014 According to the S&P/Case-Shiller Home Price Indices

PRESS RELEASE. Home Prices Grew at Twice the Rate of Inflation in 2014 According to the S&P/Case-Shiller Home Price Indices Home Prices Grew at Twice the Rate of Inflation in 2014 According to the S&P/Case-Shiller Home Price Indices New York, February 24, 2015 today released the latest results for the S&P/Case-Shiller Home

More information

City of San Antonio, Texas Public Safety Compensation Analysis

City of San Antonio, Texas Public Safety Compensation Analysis City of San Antonio, Texas Public Safety Compensation Analysis Presentation to the Mayor and City Council March 19, 2014 700 Lavaca Suite 1500 Austin, TX 78701 Two Logan Square 18 th and Arch Street Philadelphia,

More information

THE STATE OF THE ECONOMY

THE STATE OF THE ECONOMY THE STATE OF THE ECONOMY CARLY HARRISON Portland State University Following data revisions, the economy continues to grow steadily, but slowly, in line with expectations. Gross domestic product has increased,

More information

July 2015 King County Economic and Revenue Forecast

July 2015 King County Economic and Revenue Forecast July 2015 King County Economic and Revenue Forecast Presentation to the Puget Sound Finance Officers Association August 12 th, 2015 Dave Reich Office of Economic and Financial Analysis Summary Economic

More information

FY2012 Fair Market Rent Documentation System

FY2012 Fair Market Rent Documentation System Page 1 of 7 FY2012 Fair Market Rent Documentation System The Final FY2012 Fort Bend County s for All Sizes The following table shows the Final FY2012 s by unit bedrooms for Fort Bend County, Texas. Final

More information