· ABOR’s announcement essentially sounded another alarm that affordability is a concern and city officials need to act.
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Next, we compared the change in rents with household income, over the same period.. They were hit by rising rents (+12%) and declining incomes (-7%), has been significant, with an increase of 22% since the year 2000.. Only one city had high income growth that matched rent increases – Austin, TX.
It was the fourth month in a row that sales have dropped on an annual basis, however RBI points out that a good portion of the April decline can be attributed to a drop in distressed sales: The number of bank-mediated sales peaked in 2010 and has since been declining, falling from 15.1 percent of total sales in April 2013 to 10.7 percent of all sales in April 2014.
Sales of newly-constructed single-family homes rose 7.8% in February compared to January, hitting a seven-year-high, a volatile monthly report revealed Tuesday. February sales of new single-family.
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New U.S. single-family home sales increased in May to a more than seven-year high, further brightening the outlook for the housing market and the broader economy. The Commerce Department said on Tuesday sales rose 2.2% to a seasonally adjusted annual rate of 546,000 units, the highest level since February 2008.
WASHINGTON – U.S. sales of existing homes tumbled 2.5% in April – with the costs of buying a home jumping and would-be buyers facing a persistent shortage of properties on the market. The National.
Last year was another record-breaker for Central Texas' housing. and the median home-sales price in the region hit all-time annual highs in. December's median price was $310,000, up 7 percent from the prior December.
Housing Recovery is Spelled R-E-O is spelled R-E-O Housing recovery Every day, more than 10,000 BPOs are ordered and 6,500 foreclosures are completed across the 13-14, 2014 9:00 a.m. – 4:00 p.m. Check-in beains at 8:30 a.m. Housing-recov and 6,500 foreclosures are completed across the nation. More than 7 million shadowed inventory homes are not released yet for sale. More REOsMorgan Stanley revises house prices downward, again Morgan Stanley revises forecast – Dot Property Singapore – This is a revision from their former prediction that this would only occur as of the start of 2018. Subsequently, Morgan Stanley also state by the end of 2018 house prices to have hiked by 10 percent. This revised forecast comes at a time when transaction numbers have increased.
· San Francisco median home price up to $1.5 million, says report. “San Francisco median house sales price soars to $1,500,000 in May.” Suffice to say, that’s an all-time high. For the.
Regional Spotlight-According to the Multiple Listing Service (MLS) report released recently by the Austin Board of REALTORS, austin-area home sales volume hit a seven-year high in March 2014, rising seven percent year-over-year to 2,262 single-family homes sold. bill Evans, 2014 Preside