'Missing households' represent big source of pent-up demand

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Real Estate Broker/Owner with One @ Done Exclusive Buyer Agent
REAL ESTATE & MORTGAGE NEWS   

'Missing households' represent big source of pent-up demand 

Missing HouseholdsTrulia estimates backlog in household formation at 2.4 million
By Paul Hagey - Household formation, especially among young adults between 18 and 34 years old, lags far behind historical norms but will bounce back slowly in the years ahead, according to a recent analysis by Trulia Chief Economist Jed Kolko.

Before the housing bust, an average of 1.1 million households - defined as one or more people who live in the same home - were formed each year in the U.S. >>Read More Inman News
 
 
MORTGAGE INTEREST RATE LOCK ADVISORY
July 25, 2013  :12:30 PM PST 

  

LOCK ADVISORY

7 Day Mortgage Interest Rate lock or Float Advice: LOCK

The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.05 point.

30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 

 

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Comments (2)

Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Welcome to Activerain and I hope you are learning a lot and if you ever need any assistance, don't hesitate to check out my blog, email me, call me, I will be glad to help you in any way possible. Also, check out the main page of Activerain and look for the Activerain University tab, there are lots of educational webinars to help you build your business.

Jul 25, 2013 03:04 PM
Ken's Home Team LLC. | 360.609.0226 | Portland, OR & Vancouver, WA Real Estate Team
Ken's Home Team LLC. - Vancouver, WA
- SOLD IS OUR FAVORITE 4 LETTER WORD -

Welcome to Activerain from from all of us at Ken's Home Team. I think you will find this site to be a wealth of knowledge and referrals. This really is the best real estate blogging and real estate network on the internet. If you have any questions about Activerain, reach out to the wonderful Ambassadors here in the rain. (They are a wealth of knowledge and were picked by the Activerain staff for their willingness to help others)

Jul 25, 2013 03:08 PM