The imminent deluge of foreclosures on the horizon has caused the Administration to take pause, reconnoiter and request ideas for stabilizing housing prices. Although no official proposals have been made, the prevailing official idea is to rent the Federal Housing Administration’s (FHA), Fannie Mae and Freddie Mac’s nearly 250,000 real estate owned properties (REOs). [For [...]
This article reviews the shifts in California’s population during the past decade, and examines the potential impact of current migration trends on residential rentals and sales.
This article discusses the market factors influencing the decision to rent or buy in the wake of the Great Recession, and forecasts the future of the rental housing market.
For Generation Y (Gen Y), the sons and daughters of the Boomers, conceptions of the home are changing. According to survey data recently presented at the National Association of Homebuilders conference, the progeny of the Baby Boomers constitute a significant bulge in the population of first-time homebuyers and their preferences for housing are dramatically different [...]
The national monthly price for the lease of a principal residence has increased over 3% annually for the last decade, according to the Consumer Price Index (CPI). Although prices for the purchase of a home have decreased, consumer confidence in the homeownership market is still dismally low. As a result, individuals are choosing to live [...]
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