Coronavirus And The Housing Market. It’s no secret that the rapid spread of COVID-19 is raising serious concerns as 140 countries have reported over 183,500 case infections and the virus has claimed over 7,170 lives globally. Big events such as MLB, NBA, Coachella Music Festival and others are being postponed, social distancing is recommended, Americans …
America’s Rental Housing 2020. Supply, Demand and Income. Despite slowing demand and the continued strength of new construction, rental markets remain extremely tight. Vacancy rates are at decades-long lows, pushing up rents far faster than incomes. Both the number and share of cost-burdened renters are again on the rise, especially among middleincome households. These conditions …
The Congestion Con. How More Lanes And More Money Equals More Traffic. We are spending billions to widen roads and seeing unimpressive, unpredictable results in return. In an expensive effort to curb congestion in urban regions, we have overwhelmingly prioritized one strategy: we have spent decades and hundreds of billions of dollars widening and building …
America’s Rising Credit Card Debt Nationwide, A Visualization. Credit card payments have become a way of life for many Americans. Nearly 60% of families claim to use them for the convenience, and market innovations like Apple Pay have made it even easier to “charge it.” While credit cards may be easy to use, they’re also …
February 2020 Real Estate Activity in Sarasota Manatee. Snapshot Of Single Family Home, Condominium and Town Home Sales, Active, Pending, Expired and Off Market Listings. Real Estate statistics for the month of February pulled from Stellar MLS. Download the report below. Formatting of data and production of report courtesy of Ed Bertha, Broker/Principal, at Red …
February 2020 Sarasota Manatee Real Estate Sales Snapshot Read More »
State Of The Nations Housing 2019. With the economy on sound footing and incomes ticking up, household growth has finally returned to a more normal pace. Housing production, however, has not. The shortfall in new homes is keeping the pressure on house prices and rents, eroding affordability—particularly for modest-income households in high-cost markets. While demographic …