Coastal New Home Recovery, steady as she goes
(Riverside, CA – February 13, 2014) More inventory and slowing price appreciation will take place in 2014. The residential housing markets will be driven by organic localized employment growth in the...
View ArticleNeighborhoods, not Subdivisions, are the new trend in Southern California
This is not your typical recovery from a recession in Southern California. What seems to be missing is the sizzle produced by the Baby Boomers in the 1980’s or 90’s acting in mass seeking shelter....
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Over-reactions
Housing always swings much more wildly up and down than does the general economy. A survey that came out a couple of weeks ago drove home for me the reason why. The recent survey, from...
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Inland Empire positioned for explosive growth
Local and regional prognosticators are proclaiming the Inland Empire region (Riverside and San Bernardino counties) as positioned well to shortly regain it’s historical position as the leader of...
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Lots of Catch-Up
We have been talking for years about the lot shortages that builders are facing. Now, it’s time to talk about how many lots are being developed. Builders and developers are now playing “catch-up,”...
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Top 10 Markets for New Residential Construction
Housing starts numbers out today surprised many observers with its strength (+15.7%), but we find it to have been in line with our actual counts, released earlier this month. As we predicted, last...
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We’ve got LOTS to Talk About
As we approach the end of the year, it is always important to start to imagine what next year will look like for housing. I think about that question every day, debating it, analyzing it, looking at...
View ArticleCALIFORNIA COASTAL COUNTIES 1Q15 Housing: Affordability is the Story as...
Metrostudy’s survey of 1Q15 new home starts in the Coastal Counties shows a decline of 30% from 1Q14 Affordability is key as starts at lower price points are squeezed out – 28% of 1Q15 starts were...
View ArticleINLAND EMPIRE HOUSING 1Q15: A Market in Search of Qualified Buyers;...
Metrostudy’s 1Q15 survey shows the Annual Starts rate in the Inland Empire is up 23.1% YoY; Affordability concerns are keeping potential buyers in the rental market, with rental occupancy rates...
View ArticleINLAND EMPIRE 2Q15: Affordability Continues to be an Issue; Limited Inventory...
2Q15’s Annual Starts stand at 6,371, up 6.6% from 1Q15. Year-over-year annual starts experienced a 25.3% jump from 2Q14 levels. Housing affordability and loan qualifying still remains an issue as it...
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