Growing gap between income, home prices scrutinized
Growing gap between income, home prices scrutinized
Median family income in the Austin metro area grew by 11.5% from 2021 to 2022, but that hasn’t been enough to keep up with housing affordability, according to researchers. In their new housing affordability outlook report for the area, researchers at Texas A&M University’s Texas Real Estate Research Center confirmed again the rise in home prices has been outpacing the increase in income. They said the year-over-year growth in median home sales price was 22%. According to the center, in 2021,…
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Median family income in the Austin metro area grew by 11.5% from 2021 to 2022, but that hasn’t been enough to keep up with housing affordability, according to researchers.
In their new housing affordability outlook report for the area, researchers at Texas A&M University’s Texas Real Estate Research Center confirmed again the rise in home prices has been outpacing the increase in income.
They said the year-over-year growth in median home sales price was 22%.
According to the center, in 2...
Median family income in the Austin metro area grew by 11.5% from 2021 to 2022, but that hasn’t been enough to keep up with housing affordability, according to researchers.
In their new housing affordability outlook report for the area, researchers at Texas A&M University’s Texas Real Estate Research Center confirmed again the rise in home prices has been outpacing the increase in income.
They said the year-over-year growth in median home sales price was 22%.
According to the center, in 2...
Jacksonville incomes aren't keeping pace with inflation or with home prices, a recent study shows.
Jacksonville incomes aren't keeping pace with inflation or with home prices, a recent study shows.
There is a significant difference between interest and commitment. Find out more about these and learn to turn your dreams into reality.
Learn more about your ad choices. Visit megaphone.fm/adchoices
There is a significant difference between interest and commitment. Find out more about these and learn to turn your dreams into reality.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Supply constraints are driving up property prices and rents in Singapore, the chief executive officer of a real estate company said Friday. "You can see a massive gap opening up between demand and supply," said Hari Krishnan of PropertyGuru. Singapore introduced measures to cool the property market in December 2021, but analysts told CNBC in February that they expected prices to continue to rise, though at a slower rate. Prices of private residential properties increased by 0.7% in the first thr...
Supply constraints are driving up property prices and rents in Singapore, the chief executive officer of a real estate company said Friday. "You can see a massive gap opening up between demand and supply," said Hari Krishnan of PropertyGuru. Singapore introduced measures to cool the property market in December 2021, but analysts told CNBC in February that they expected prices to continue to rise, though at a slower rate. Prices of private residential properties increased by 0.7% in the first thr...
Let's have a look at the latest data from the Case-Shiller Home Price Index. According to July data that was released today, Seattle-area home prices were:
Down 1.6 percent July to August
Up 9.6 percent YOY.
Up 31.9 percent from the July 2007 peak
Last year at this time prices were down 0.3 percent month-over-month and year-over-year prices were up 13.2 percent.
The post Case-Shiller: Seattle home prices fell more than anywhere else between July and August. appeared first on Seattle Bubble.
Let's have a look at the latest data from the Case-Shiller Home Price Index. According to July data that was released today, Seattle-area home prices were:
Down 1.6 percent July to August
Up 9.6 percent YOY.
Up 31.9 percent from the July 2007 peak
Last year at this time prices were down 0.3 percent month-over-month and year-over-year prices were up 13.2 percent.
The post Case-Shiller: Seattle home prices fell more than anywhere else between July and August. appeared first on Seattle Bubble.
Between May and September this year, the median sale price of single-family homes in King County has fallen 8.0 percent. Most years home prices rise between May and September. The biggest decline between those months in previous years was 5.7 percent in 2008…
The post Home prices fell more between May and September this year than any previous year appeared first on Seattle Bubble.
Between May and September this year, the median sale price of single-family homes in King County has fallen 8.0 percent. Most years home prices rise between May and September. The biggest decline between those months in previous years was 5.7 percent in 2008…
The post Home prices fell more between May and September this year than any previous year appeared first on Seattle Bubble.
The Metaverse is an immersive world combining virtual reality and augmented reality, where users are represented by avatars and roam virtual spaces. It comprises a variety of platforms and environments that can be explored, experienced, and developed. Online social games like Second Life, Fortnite and Minecraft are among the first wave of successful Metaverse games. […]
The Metaverse is an immersive world combining virtual reality and augmented reality, where users are represented by avatars and roam virtual spaces. It comprises a variety of platforms and environments that can be explored, experienced, and developed. Online social games like Second Life, Fortnite and Minecraft are among the first wave of successful Metaverse games. […]
The Kinder Institute of Urban Research has released its 2022 State of Housing report.
The Kinder Institute of Urban Research has released its 2022 State of Housing report.
Opportunities for early real estate investment in the Metaverse are worthy of consideration, but also come with significant risks. Originally published on Gravel2Gavel and recently featured in The Computer & Internet Lawyer, Pillsbury authors Robert Howard, David Wright, and Craig de Ridder take a look at the key questions potential metaverse investors need to consider, from security and financing risks and regulatory uncertainty to intellectual property rights and privacy concerns.
Opportunities for early real estate investment in the Metaverse are worthy of consideration, but also come with significant risks. Originally published on Gravel2Gavel and recently featured in The Computer & Internet Lawyer, Pillsbury authors Robert Howard, David Wright, and Craig de Ridder take a look at the key questions potential metaverse investors need to consider, from security and financing risks and regulatory uncertainty to intellectual property rights and privacy concerns.
Home prices show no signs of slowing down, despite interest rates going up
Home prices show no signs of slowing down, despite interest rates going up