National Outlook

ATLANTA HOUSING 1Q17: 2017 Housing Market Expected to Continue First Quarter’s Strong Growth

1Q17 Atlanta Annual New Home Starts Up 10.4% YoY & Annual Closings Up 15.4% YoY North Atlanta represented 74% of all new home activity in the Atlanta region in 1Q17 Finished Vacant inventory was up YoY in both North & South Atlanta, but supply of Vacant Developed Lots declined YoY Metrostudy’s 1Q17 field research on the Atlanta housing market revealed that the Metro-wide, Atlanta’s annual …

Lack of Attainable Housing Stymies Millennial Generation

Why many would-be home buyers are renting — for now Here’s the good news: Income growth among 25- to 34-year olds — the millennial generation — grew 5.6 percent last year. And first-time homebuyer loans are up. Millennials are buying homes and debunking the myth that they don’t want to be homeowners. High student loans are beginning to fade in the background and they’re marrying and starting famil …

2Q17 Metrostudy Housing Forecast Webcast Recap

On May 11th Metrostudy’s Chief Housing Economist, Mark Boud, presented his housing webcast to a virtual room of over 1,200 registrants. The following four Regional Directors from each of the Texas major metros joined Mark in a round table lightning session to present the trends and outlook for their local markets: Paige Shipp (Dallas & Fort Worth), Vaike O’Grady (Austin), Jack Inselmann (San A …

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Local View

Lack of Attainable Housing Stymies Millennial Generation

Why many would-be home buyers are renting — for now Here’s the good news: Income growth among 25- to 34-year olds — the millennial generation — grew 5.6 percent last year. And first-time homebuyer loans are up. Millennials are buying homes and debunking the myth that they don’t want to be homeowners. High student loans are beginning to fade in the background and they’re marrying and starting famil …

NAPLES / FT MYERS HOUSING 1Q17: New Home Starts Decline; Annual Closing Rate Increases 16% YoY But Flat QoQ, Ending 19 Consecutive Quarters of Growth

1Q17 Annual New Home Starts Down 2.1% YoY & 2.1% QoQ; Annual Closings Up 16% YoY But Flat QoQ, ending 19 consecutive quarters of gains. Collier County saw solid growth in quarterly starts and closings; lot deliveries increased 176% from 4Q16. Lee County quarterly starts and closings declined from 4Q16 levels; lot deliveries were down 51% from the previous quarter. Metrostudy’s 1Q17 survey of t …

MARYLAND HOUSING 1Q17: A Soft Start to 2017 – Lack of Supply of Resale Homes Should Force Buyers back into the New Home Market

1Q17 Quarterly New Home Starts were the weakest in five years; the Resale market is up 9% YoY There is a wide price spread between New & Existing Homes which makes the Resale Market Particularly Attractive: the Median Price for a New Home is $455k while Existing Homes is $294k With resale demand outpacing supply, builder sales offices should be busier this year; Despite the somewhat slow first …

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