"Celebrate Life. Care for others and share whatever you have with those less fortunate than you. Broaden your vision, for the whole world belongs to you. “
-Sri Sri Ravi Shankar
Our secret is out — Washington tops list of this Best States ranking
A study released by governing.com earlier this year found that people are moving to Washington state at such a rate that a number of counties actually have fewer native Washingtonians than adults who born elsewhere and moved to the Evergreen State.
https://www.thenewstribune.com/news/state/washington/article238034469.html
______________________________________________________________________________________________________________
Tracking Lifetime Homeownership Rates
A recent NAHB Special Study uses the National Longitudinal Survey of Youth (NYLS) to study lifetime homeownership rates and how long individuals sustain in homeownership.
http://eyeonhousing.org/2019/12/tracking-lifetime-homeownership-rates/
______________________________________________________________________________________________________________
QUARTERLY RESIDENTIAL VACANCIES AND HOMEOWNERSHIP, THIRD QUARTER 2019
The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7 percentage points higher than the rate in the second quarter 2019 (64.1 percent).
https://www.census.gov/housing/hvs/files/currenthvspress.pdf
______________________________________________________________________________________________________________
Millennial Housing Demand and Regional Building Trends: 3Q19 HBGI
Supply and resulting affordability challenges for millennials were highlighted in the most recent NAHB Home Building Geography Index (HBGI). The third quarter HBGI also offers more region-specific insights of single- and multifamily home building trends, including their connections to millennial-intensive areas.
http://eyeonhousing.org/2019/12/millennial-housing-demand-and-regional-building-trends-3q19-hbgi/
______________________________________________________________________________________________________________
Seattle one of 5 cities accounting for 90% of high-tech growth, report says
A vast majority of all job growth in high-tech industries is concentrated in just five metro areas, a new report finds. Seattle, of course, ranks among them.
https://komonews.com/news/local/seattle-one-of-5-cities-accounting-for-90-of-high-tech-growth-report-says
______________________________________________________________________________________________________________
Latest MLS report indicates Seattle has become a 'world market'
Many experts expected the Puget Sound region housing market to slog through November.
https://www.bizjournals.com/seattle/news/2019/12/06/latest-mls-report-indicates-seattle-world-market.html?ana=e_mc_prem&j=90326521&t=Morning&mkt_tok=eyJpIjoiTldRMU5HRTFOREk0WkdaaSIsInQiOiIwNm9EWnFna2U2ZFd5NFUrY1I3RFB5YXJ5WCtlSjlxN0RJTGVhREgwWHpOaGFvbnU5andiYlNMOURJdEpPTTB3Z01PSGZtWWt2QlR2TzRtQkJvY0tmcWVrb3FOdVFtTWxTS3d1RTVtUDljZys1cVBHem1CRURpN205aFVRTk9LKyJ9&s=print
______________________________________________________________________________________________________________
Closed Sales Increase 15 percent From November 2018 to November 2019 in Lewis County
Northwest Multiple Listing Service Reports ‘November Surprise’ Leads to Increase in Home Sales
http://www.chronline.com/news/closed-sales-increase-percent-from-november-to-november-in-lewis/article_9eaae4d0-1c76-11ea-a3a0-ebc0064af987.html
______________________________________________________________________________________________________________
Lender pulls plug on major Lloyd District redevelopment, demands $36 million
In another sign that Portland’s long real estate and construction boom is slowing, an ambitious plan to build more than 1,100 apartment units in the Lloyd District has quietly died.
https://www.oregonlive.com/business/2019/12/lender-pulls-plug-on-major-lloyd-district-redevelopment-demands-36-million.html
______________________________________________________________________________________________________________
It’s a home seller’s market as King County sees ‘November surprise’; check out what’s happening in your area
The median sale price in Seattle dipped slightly, by 3.3%, from last November to $735,000. At the top of the market, it was another matter, though.
https://www.seattletimes.com/subscribe/signup-offers/?pw=redirect&subsource=paywall&return=https://www.seattletimes.com/business/real-estate/king-county-once-again-a-sellers-market-as-inventory-tightens-in-november-surprise/
______________________________________________________________________________________________________________
Born and Raised: The Parts of America With the Most Natives
Why do some counties have vastly more native-born residents than others?
https://www.governing.com/gov-data/census/native-homegrown-residents-by-county.html
______________________________________________________________________________________________________________
These are the cities where Redfin and Zillow are directly buying and selling the most homes
The so-called “iBuyer” movement is still young, but a new report sheds light on its growing impact on real estate.
https://www.geekwire.com/2019/cities-redfin-zillow-directly-buying-selling-homes/
______________________________________________________________________________________________________________
Housing cooldown poses ‘1st serious test’ for new Redfin and Zillow direct home-buying programs
Redfin and Zillow will face the “first serious test” of their new direct home sales operations in the midst of a slowing real estate market.
https://www.geekwire.com/2018/housing-cooldown-poses-1st-serious-test-new-redfin-zillow-direct-home-buying-programs/
__________________________________________________________________________________________________________
Seattle startup Flyhomes is expanding to Boston, Portland and L.A. to help home-buyers compete with cash offers
Flyhomes, the Seattle real estate startup that helps people buy houses in expensive cities, is expanding to a trio of new markets.
https://www.geekwire.com/2019/seattle-startup-flyhomes-expanding-boston-portland-l-help-home-buyers-compete-cash-offers/
______________________________________________________________________________________________________________
Apartments for rent in Portland: What will $2,400 get you?
Curious just how far your dollar goes in Portland?
https://hoodline.com/2019/12/apartments-for-rent-in-portland-what-will-2-400-get-you-1576038958
______________________________________________________________________________________________________________
Seattle ranked 7th nationally in urban sustainability
Seattle officials love touting how green and sustainable and sustainably green the city has become, so it’s apt to check in once and while on how all that’s going.
https://mynorthwest.com/1630720/study-seattle-urban-sustainability/
______________________________________________________________________________________________________________
Seattle Aquarium plans $113 million pavilion with sharks, sting rays for new waterfront promenade
Aquarium leaders say the addition is needed to accommodate hundreds of thousands more visitors each year and to educate them about human- and climate-related threats to waters across the globe, such as the super biodiverse Coral Triangle near Indonesia.
https://www.seattletimes.com/seattle-news/politics/seattle-aquarium-plans-113-million-pavilion-with-sharks-sting-rays-to-anchor-new-waterfront-promenade/
______________________________________________________________________________________________________________
The 2010s changed how you shop for homes. Will the 2020s change the way you buy them?
If you were shopping for a home at the beginning of the 2010s, the experience most likely revolved around one person: the realtor.
https://www.curbed.com/2019/12/9/20991628/2010s-real-estate-trends-zillow-redfin-ibuyers-opendoor
______________________________________________________________________________________________________________
Locations Close to Public Transit Boost Residential, Commercial Real Estate Values
New Joint APTA and NAR Study Examines the Relationship between Real Estate Value and Public Transportation in Seven U.S. Metropolitan Regions
https://www.nar.realtor/newsroom/locations-close-to-public-transit-boost-residential-commercial-real-estate-values
______________________________________________________________________________________________________________
The 3 Celebrity Homes From 2019 That You Absolutely Must See
Yes, a home theater is cool, and we'd love a cabana next to our Olympic-size pool in the backyard, but we're a bit jaded. If you've seen one glassed-in wine storage wall, you've seen 'em all. However, there are always a few celeb abodes that stand apart from the rest.
https://www.realtor.com/news/celebrity-real-estate/3-must-see-2019-celebrity-homes/?link=TD_mansionglobal_new_mansion_global.11147f181987fd93&utm_source=mansionglobal_new_mansion_global.11147f181987fd93&utm_campaign=circular&utm_medium=MOVE
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
______________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
______________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
______________________________________________________________________________________________________________
Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx