1.The Recession’s Lost Generation of Homeowners Isn’t Millennials – It’s the Middle-Aged
“Though the published homeownership rate for young adults is still falling, true homeownership among young adults started rising in 2013. Adjusted for longer-term demographic shifts, young-adult homeownership is now at pre-bubble levels, but middle-aged homeownership is lagging. ”
2.The Potential Upside of China’s Rising U.S. Real Estate Investments
“China has emerged as the second-largest foreign investor in U.S. commercial real estate (CRE), after Canada, with an 8% share of the total cross-border investments in U.S. CRE, according to Real Capital Analytics (RCA).¹ For some time, Chinese investors have been riding the U.S. CRE wave: from January 2005 to March 2014, Chinese investors made direct acquisitions of $8.5 billion in U.S. CRE, $5.8 billion of which was invested between January 2013 through March 2014.”
3.Southland housing market may finally be getting back to normal
“The housing recovery looks to be losing steam. But that may not be a bad thing.”
4.Bay Area housing market keeps surging, but lending remains tight
“Home prices in the Bay Area continued their upward surge in June, though buyers there are struggling with low inventory and still-tough lending requirements.”
5.Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage applications decreased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 11, 2014. The previous week’s results included an adjustment for the July 4th holiday. ”
6.US Homebuilder Confidence Surges in July
“U.S. homebuilders’ confidence in the housing market surged this month to the highest level since January, reflecting a pickup in sales of new homes and heightened expectations for sales the second half of the year.”
7.Luxury home market continues to improve
“Homes worth $900,000 or more — in the Sacramento region, that’s the luxury market — showed a strong year-over-year gains in sales, according to Trendgraphix.”
8.How to Buy a Home in a Competitive Real Estate Market
“Demand for real estate is growing in many markets across the country. That’s great, but it creates competition in the form of all-cash offers, offers for thousands of dollars over list price, and a growing gap between affordability and prices in a given area. ”
9.Latest Fed Survey Sees Improved Economy
“The economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending, a Federal Reserve survey released Wednesday indicates.”
10.Home prices still climbing, but at slower pace
“Home prices are still climbing in the Sacramento area, but at a much more moderate pace than a year ago, DataQuick reported today.”
11.Bay Area home prices rise, but the pace slows
“Bay Area home sales rose slightly in June for the first time since September while the pace of price increases slowed, according to report released Wednesday.”