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Home | Tag Archives: Home Values

Tag Archives: Home Values

Survey: Economists Trim Forecast for Housing Starts

Economists are lowering their expectations for housing starts in 2014, according to a survey performed by the Wall Street Journal. The Journal notes their diminishing optimism is among the most noticeable trend in monthly surveys of economic forecasters in the first half of 2014.

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Home Inventory Down In April

For the fourth straight month, the inventory of homes for sale has declined 0.4 percent annually in April, according to Zillow. Despite home values falling modestly month-over-month, inventory remains tight with 21 of the nation's largest 35 metros experiencing waning inventory.

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Home Values Rise, But Remain Below ’07 Peak

Zillow’s Q1 Real Estate Market Report, released Tuesday, shows that home values across the United States are up 5.7 percent (to a national median of $169,800) compared to Q1 2013. Even more encouraging is that home values in 527 U.S. cities that saw declines of 10 percent or more during the recession are either at their peak or soon will be.

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Current Housing Market ‘Far from Bubble Territory’

Housing Recovery 2014

On Monday, Pro Teck released its March Home Value Forecast, which ranks the hottest and coolest metro markets in the country. California claimed nine of the top 10 slots (Nassau County-Suffolk County, New York, was the other), while Florida claimed seven of the bottom 10 areas for home value appreciation.

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Increased Inventory Slows Home Value Growth

In a report released by Zillow, national home values rose just .2 percent in January from December. Inventory rose in 22 of the nation’s 35 largest metros, and home values are expected to rise another 3.4 percent in the next 12 months. The Zillow Home Value Index notes that January's figure of $169,600 is the smallest monthly increase since May, 2012.

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Experts Predict Level Playing Field as Investors Withdraw

A majority of experts surveyed by Zillow and Pulsenomics expect large-scale investors will pull out of the housing market in the next few years—and that hopefully means a smoother field for consumer buyers. “Buyers entering the market in the next few months will not be competing with cash-rich investors like they were last year," said Zillow chief economist Dr. Stan Humphries.

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