Every time I prepare an issue of Commonwealth to print, I get a membership count that I send to the printer. When I started (a little more than five years ago) it was in the upper 30,000s; with the burst of the housing bubble it dropped to the … [Read more...]
Household Net Worth
The net worth of households and non-profits has recovered completely from the recession and reached a new peak of over $70 trillion in the first quarter of 2013 according to data from the Federal Reserve Flow of Funds. During the recession, the net … [Read more...]
Change in Employment: Q1 2013 vs. Q1 2012
Employment growth has been positive in all but 24 or of the 164 markets tracked by NAR Research over the 4-quarter period ending in March. This trend indicates that 85% of markets experienced an improvement in employment, which is important for the … [Read more...]
Foot Traffic: Memphis Area Association of REALTORS®
Foot traffic can provide great insight into the direction of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Memphis Area Association of REALTORS® was 8% … [Read more...]
Institutional Investors:Their Impact on the Housing Market
The real estate conversation in many corners has been dominated by the potential impact that ‘institutional investors’ may have had and will continue to have on the housing market. Institutional investor is a term used to define organizations which … [Read more...]
Economic Growth Drives Commercial Investments in Q1 of 2013
Economic background Economic activity maintained grew at a steady pace during the first quarter of the year, as consumers and businesses focused on the year ahead. Gross domestic product rose 2.4 percent in the first quarter, as consumers opened up … [Read more...]
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