housing market: Foreclosures Stay Down Through 2016 - 02/23/17 11:48 AM
Recent foreclosure data published by CoreLogic details a lengthy trend of declining completed foreclosures and mortgages at risk for foreclosure. Take a closer look at a few key figures that show some good news about 2016’s housing market.
Nationwide there were just 30,000 completed foreclosures in October 2016—that’s down from 40,000 in October 2015 and 3.6% fewer than September 2016 (a significant decline). The number of mortgages in serious delinquency, and thus at greatest risk for future foreclosure, fell below 1,000,000 to 997,000. What does that do to the overall foreclosure picture? Well, as of October only 0.8% of homes nationwide were … (1 comments)

housing market: Single Women: The Substantial (and Overlooked) Home-buying Demographic - 02/13/17 08:46 AM
Your intuition can probably tell you that married couples are the largest home-buying demographic. It makes sense: between family and financial goals and the purchasing power of two people, married couples have both the incentive and the means to purchase homes. But married couples are not the only buyers. Single women make up the second largest buying demographic, ahead of single men and unmarried couples.
According to the National Association of REALTORS® 2016 Home Buyer and Seller Generational Trends report, 15% of recent buyers were single women. This number may not appear to be that large to some readers, but considering … (35 comments)

housing market: Landscaping to Your Environment - 08/04/16 09:05 AM
With much of the Western United States experiencing extended droughts, some homeowners are turning to alternative landscaping methods to save resources.
Recently REALTOR® Magazine1 (pg 34-35) wrote about owners who are “rethinking the traditional American landscape” by moving toward yards that require less water and maintenance. The “desert landscaping” method, popular in much of the Southwest, is probably what comes to mind when picturing drought-resistant landscaping, but depending upon your locale there are other options to save water without compromising the aesthetics of a property.
Besides aesthetics, cost can be a deterrent when re-landscaping. It takes money to tear out a lawn, buy new … (17 comments)

housing market: U.S. Homeownership Rate Falls to Lowest in Over 50 Years - 07/29/16 09:20 AM
According to the U.S. Census Bureau, owner-occupied households fell to 62.9% of total households in the second quarter of 2016, the lowest rate of homeownership in the U.S. since 1965. This statistic raises concerns about the future of home ownership and housing affordability in the United States.
Before potential causes of this decline are assessed, the numbers must be put in historical context. Census Bureau statistics show that after a low point in 1965, the homeownership rate climbed (fairly consistently, but with many small dips) to a peak from 1979 through 1981, fluctuating between 65.5 and 65.8%. A dip followed and the 1980s and first quarter … (21 comments)

 
Kartik Subramaniam, Market Analysis--Educational Content, Adhi Schools (Adhi Schools, LLC)

Kartik Subramaniam

Market Analysis--Educational Content, Adhi Schools

Rancho Cucamonga, CA

More about me…

Adhi Schools, LLC



Links

Archives

RSS 2.0 Feed for this blog