Status of Recovery?
In this snapshot of where we are on the road towards a “normalized” housing market, Trulia chief economist Jed Kolko examines five key factors that impact the market. Bottom line – the absence of the first-time buyer, due to low employment rates among the 25 – 34 year-old demographic, continues to hold back the robustness of the recovery.
About author
You might also like
Los Angeles Home Market Hitting High Notes But Tempo Slowing
By Edward Fitz “Don’t Worry, Be Happy . . . ” Bobby McFerrin wrote and sang those rosy words, and created a No. 1 hit in 1988. And those same
Net Outward Migration from Los Angeles County to Orange County
In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause
Report Finds Homeownership in California Lowest Since 1940s
While San Francisco is often portrayed as the epicenter of housing unaffordability on the West Coast, the issue is truly pervasive to California as a whole. A draft report from
0 Comments
No Comments Yet!
You can be first to comment this post!