The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you’d expect. According to ProTeck’s report, the Portland-South Portland, ...
Read More »Home Value Forecast Examines Criteria for Institutional Investor Purchases
The single-family REO-to-rental market is being consolidated seven years after the crash as some investors are still looking to profit, while others are taking advantage of economies of scale. ProTeck concluded there will always be a need for rental properties, and there will always be a need for investors to purchase those properties.
Read More »Millennials Leading Revival In Urban Areas, According to Home Value Forecast
What the HVF authors discovered was that the two urban areas examined to determine what impact millennials were having, the Lyn-Lake area of Minneapolis and South Boston, have withstood the housing bust and were at all-time highs.
Read More »Report: Nationwide Housing Recovery Most Prominent in High-Income Areas
ProTeck noted a census report that revealed a $5,000 increase in median household income in 2013 in Seattle as well as a Forbes Magazine article that listed Seattle as one of the best places for business. Amazon, Costco, Boeing, Microsoft, and Nordstrom all have a presence in Seattle, making for a strong job market.
Read More »Despite Rising Home Prices, Housing ‘Still Very Affordable’
ProTeck Valuation Services released its May Home Value Forecast (HVF), which detailed affordability indexes for Houston and Miami. The report found that although home prices have been rising steadily, housing is still very affordable when considered on historical terms.
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