Pent Up Housing Demand
Share|Demand for housing has been suppressed in the four-year period from 2007 to 2010. A review of household formation shows an annual increase of 500,000 to 600,000 over these years. A more normal...
View ArticleNatural Population Growth
Share|The current home sales activity is matching levels seen 12 years ago, yet the total population has increased by more than 30 million since then. The rise in population does not always mean a...
View ArticleJobs and Income in 2011: Edging Up
Share|There are some markets with fewer jobs this year compared to last, a situation which is not helping the local housing market despite very high affordability conditions. However, there are also...
View ArticleDoubled-Up Households
Share| Between 2007 and 2011, there were almost 3 million more doubled-up households. According to David Johnson and the Census Bureau data, the number and share of doubled-up households and adults...
View ArticleUnemployment Rate
Share|Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update highlights the...
View ArticleHousehold Net Worth
The net worth of households and non-profits has recovered completely from the recession and reached a new peak of over $70 trillion in the first quarter of 2013 according to data from the Federal...
View ArticleVisualizing Geographic Mobility by Region: 2006 to 2013
Within the wider context of regional economics, geographic mobility allows households to move from one area of the country to another for such things as more attractive job opportunities or better...
View ArticleRelationships & Homeownership
Using data from the 2014 Profile of Home Buyers and Sellers and 2013 Home Features Survey we can break down household composition, and the relationship it has to home purchasing choices. Married...
View ArticleReal Median Income and Number of Households
The visualization below shows the real median household income and the number of households since 2005 for the 50 largest metropolitan areas. We observe that the areas with the highest median household...
View ArticleRising Household Formation and Employment Boost Apartment Demand
Economic performance for the second quarter of this year was upwardly revised this past week by the Bureau of Economic Analysis. Real gross domestic product (GDP) totaled $16.3 trillion, an advance of...
View ArticleBaby Boomers Lead Recent Household Formation
The United States Census Bureau compiles data on households through the Current Population Survey, a joint project with the U.S. Bureau of Labor Statistics. Based on the latest data, there were 124.5...
View ArticleHomeownership Among Asians
May is the Asian-Pacific American Heritage Month, so in a series of blogs, we look at some demographic and real estate data regarding the Asian and Pacific Islander population.[1] In the first blog, we...
View Article
More Pages to Explore .....