Housing Market in Period of Normalcy

Housing Market in Period of Normalcy

After over a decade of wild volatility in the housing market, conditions seems to be settling into a period of normalcy characterized by stability and slow growth. National home prices are appreciating at single digit rates although market performance varies significantly submarket by submarket. Most importantly, the current state of the housing market seems to be underpinned by fundamentals rather than speculation.

Read More

Previous Pull Back in Housing Starts but Rise in Permit Activity
Next Land Shortage Impeding New Home Supply

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

OC New Home Market Takes a Breather

It appears that the pace of new home sales in Orange County is pulling back from its once rapid pace. With a low supply and strong demand dynamic, homebuilders had

Housing Market

Home Prices Hit Peak Levels In Majority of Metro Areas, Fourth Quarter Data Show

By Troy McMullen The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three