Tag

existing home sales

Housing Market Missing Link: 1st-Time Buyers

Likely Culprit:  Exploding Student Debt “Economists believe younger Americans now are much more likely to rent for longer periods than did earlier generations ” due not only to the rising home prices and high credit standards but also the high student debt levels and elevated levels of underemployment.” —Wall Street Journal (5/23/2014) With the caveat that...
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Twin Cities Upper Bracket Showings Down

Leading vs. Lagging Real Estate Indicators The headline news about the housing market this week was the latest Case-Shiller numbers:  nationally, housing prices are up over 12% the last year. Meanwhile, closer to home (and in the trenches) . . . Twin Cities agents listing upper bracket homes (over $1.2 million) are bemoaning the lack...
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