Pro Builder
FEBRUARY 8, 2021
John Burns Forecasts Apartment Rent Trends Across the U.S. John Burns broke down its apartment forecasts into four categories: Boomburbs, Braintowns, Downtowns, and Dependables. John Burns broke down its apartment forecasts into four categories: Boomburbs, Braintowns, Downtowns, and Dependables. cbroderick.
Pro Builder
JUNE 6, 2023
While other metros bottomed out, Austin and Dallas saw home prices fall by just 8.5% Over a decade later, Austin is now the epicenter of a post-pandemic housing correction. Where will Austin go from here? Moody's Analytics estimates that the Austin-Round Rock-Georgetown, Texas metro area will see a -17.9%
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Pro Builder
JANUARY 16, 2023
Goldman Sachs recently lowered its 2023 year-over-year depreciation forecast from -4.1% In 2023, Goldman Sachs expects double-digit home price declines in major markets like Austin (-15.6), San Francisco (-13.7%), San Diego (-13.4%), Phoenix (-12.9%), Denver (-11.4%), Seattle (-11.2%), Tampa (-11.2%), and Las Vegas (-11.1%).
Pro Builder
AUGUST 2, 2022
About a third of homes for sale on Realtor.com in markets like Austin, Texas and Reno, Nev. We are forecasting a small fall in prices, with house-price growth bottoming out at -5% [year-over-year] by mid-2023.”. Some economists are certain that the U.S. housing market is in a recession. Others aren’t so sure. Housing Markets.
Pro Builder
SEPTEMBER 20, 2022
While bubbly markets like Austin, Boise, and Denver were some of the first to see local price drops nearing and surpassing 5%, the biggest price declines are taking place in high-cost tech hubs like San Francisco and San Jose, where home prices are down 7.8% and 10.6%, respectively. “The Housing Markets. New-Home Sales.
Pro Builder
MARCH 7, 2023
could be home to the largest gains, with forecasted growth of 5.1% down 8.3%), Santa Cruz (down 8.1%), Boise (down 8%), and Austin (down 7.9%). Zillow expects 238 markets to see positive home price growth, six markets to remain flat, and 156 markets to see home prices decline over the next 12 months. Markets such as Morristown, Tenn.,
Pro Builder
OCTOBER 24, 2022
Our forecast is for home-price growth moderation to continue,” Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, said Sunday during the organization’s annual conference in Nashville, Tenn. “Our by the end of next year, leading to a steady flattening of home price growth rather than a sharp dropoff.
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