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Inflation is wiping out recent wages increases. As supply shortages continue and spending remains strong, many consumers are feeling the impact with a 7.0% rise in food prices and a 40% hike in gasoline prices over the past one year.Â
Will Inflation Slow or Grow the Housing Market? Read More »
So, employers are finding it difficult to fill their job postings since many Americans are reluctant to return to the workforce as they seek better employment opportunities or start their own businesses or are choosing to retire early.
Where did all the workers go? Read More »
The latest data on residential construction from the US Census Bureau and the US Department of Housing and Urban Development shows that annual housing starts increased 15.6% from 1.38 million in 2020 to 1.6 million in 2021 but were 23% lower compared to 2.07 million in 2005, when the last housing bubble took place. 70%
The 15.6% Increase in Housing Starts Won’t Cool Prices in 2022 Read More »
Veros’ VeroFORECAST data predicts America’s housing market to remain robust overall in 2022, with the pace of home price appreciation to slow down slightly. SANTA ANA, Calif., January 10, 2022 —Today Veros Estate Solutions (VEROS®), an industry leader in enterprise risk management and collateral valuation services, released its Q4 2021 VeroFORECASTSM data that anticipates home
Expect Slightly Slower Home-price Growth, Market Still Booming in 2022 Read More »
After last week’s shock waves when Zillow announced the demise of its home-flipping business, questions have begun to swirl around its impact on the residential real estate market and on the stability of remaining iBuyers such as Opendoor or Offerpad.
There continue to be some economists, real estate experts, media, and others who state that today’s housing market is in a bubble much like it was in 2005-2006 and getting ready to crash. Here’s Top 5 Reasons why this is not…
Top 5 Reasons Why today’s hot housing market is not the same as the 2006 bubble Read More »
One question that naturally arises is how do hurricanes impact home prices after they hit? The answer may be surprising.
To investigate, we looked at a list of the 20 most expensive hurricanes on record (adjusted for inflation) in the US from the last 32 years.
Hurricanes and Their Surprising Impact on Home Prices Read More »
Watch our Housing Market Insider interview with Veros’ Chief Economist, Eric Fox, and Salt Lake City’s very own Market Expert Dave Robison, ‘Utah Dave’ Robison, to get both the data and the feet on the street insight.
What to know about one of the country’s hottest housing markets, Boise Read More »
The latest unemployment data shows some states are doing better or worse than their pre-pandemic values.
Does affordability impact house prices? Not as much as you’d think Read More »
Watch our Housing Market Insider interview with Veros’ Chief Economist, Eric Fox, and Salt Lake City’s very own Market Expert Dave Robison, ‘Utah Dave’ Robison, to get both the data and the feet on the street insight.
Will the Salt Lake City house prices continue to skyrocket in 2022? Read More »
