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WHY HAS SENIOR HOUSING BECOME SO POPULAR IN THE NORTHEAST. HOWARD ZELIN
Senior housing has become increasingly popular in the Northeast region of the United States. This trend is due to a variety of factors, including the aging population, the desire for community living, and the availability of quality healthcare. First and foremost, the Northeast region has a large aging population. According to the U.S. Census Bureau,…
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WHY ARE SO MANY PEOPLE MOVING TO TEXAS AND FLORIDA. HOWARD ZELIN
In recent years, there has been a noticeable trend of people moving to Texas and Florida. These two states have seen a significant influx of new residents, and it’s not hard to see why, ranging from economic benefits to lifestyle choices. One of the main reasons for the popularity of Texas and Florida is their…
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NEW HOME CONSTRUCTION IN THE NORTHEAST HOWARD ZELIN
New home construction in the Northeastern United States is a booming industry. With its rich history, vibrant culture, and diverse communities, the region is a magnet for those looking to put down roots and build a new life. Whether you are a first-time homebuyer or an experienced real estate investor, the Northeast has much to…
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SINGLE FAMILY HOUSING HOWARD ZELIN
MARKET The single-family housing market has been experiencing a significant increase in prices over the past few years. This trend has been driven by a combination of factors, including a shortage of available homes, low mortgage interest rates, and high demand from buyers. In this blog post, we will explore the reasons behind the rise…
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The 1st Quarter Outlook 2023 HOWARD ZELIN
With the books closed on 2022, it is time to take stock and calibrate our expectations for the 12 months ahead. As we sit here today, in our industry and throughout the economy as a whole, we are in a corrective environment. However, the upshot is that, in our baseline forecasts, the economy is equipped…
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REAL ESTATE: HOME PRICES BLOOMING IN SPRING HOWARD ZELIN
Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed. USA TODAY Spring has not yet sprung in the housing market. With still-rising home prices and elevated mortgage rates, affordability challenges are holding homebuyers back. “Homebuyer affordability remained constrained in March as elevated mortgage rates and low inventory kept prices high, leading…
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Home ownership Rate Unchanged at 66% HOWARD ZELIN. MAY 3, 2023
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 66% in the first quarter of 2023, amid persistently tight housing supply. The homeownership rate remained statistically unchanged from the fourth quarter reading (65.9%). It is 0.6 percentage points higher than the rate in the first quarter of 2022. Compared to the…
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SINGLE FAMILY RENTALS ARE GETTING EXPENSIVE Howard Zelin
Single family homes for rent are getting more expensive. Here’s where prices are going up As uncertainty looms in the housing market, with consecutive Fed interest rate hikes, elevated mortgage rates and still-high home prices, potential home buyers are gravitating toward SFRs. Even as the overall U.S. rental market cools, single-family rentals are bucking the…
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Home Flipping Remains Up In 2022 Across U.S. But Gross Profits Fall To Another Low
IRVINE, Calif. – March 23, 2023 —ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows that 407,417 single-family homes and condos in the United States were flipped in 2022. That was up 14 percent from 357,666 in 2021, and up 58 percent from…
