Europe is mired in economic recession. Ireland, however, is not. Ireland can also be said to no longer be part of PIGS, an acronym Goldman Sachs came up with to describe four countries (Portugal, Ireland, Greece, and Spain) with what appeared to be … [Read more...]
The Market Pulse Survey: 9 Years in Retrospect (Part III)
Note: this is the third and final part of a three-part article on consumers’ views towards home buying and home ownership over a nine-year period. Access to credit, down payments, and job security all grew as concerns for consumers between 2003 and … [Read more...]
Change in Unemployment Rate: 2012 vs. 2011
Though sluggish, employment grew 1.7% between 2011 and 2012, or by 2.235 million new jobs. Job creation helped drive down the national unemployment rate from 8.9% to 8.1%. But improving conditions bring job seekers back to the job market, creating … [Read more...]
The Market Pulse Survey: 9 Years in Retrospect (Part II)
Note: this is the second part of a three-part article on consumers’ views towards home buying and home ownership over a nine-year period. The first part is here > With the dramatic swings in the housing market over the last decade, one would … [Read more...]
Housing Construction Slowly Ramping Up
Housing construction is slowly ramping up. Housing starts and permitting have been at their strongest levels in years, with many markets exhibiting double-digit increases between 2011 and 2012. Construction is an important source of job creation, but … [Read more...]
The Market Pulse Survey: 9 Years in Retrospect
Note: this is the first part of a three-part article on consumers’ views towards home buying and home ownership over a nine-year period. NAR has produced the Market Pulse survey from 2003 through 2011. The survey was uniquely positioned to measure … [Read more...]
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