Homeowner vacancies decline
Homeowner vacancies decline
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FAR study looks at Florida’s present and future
Population migration creates a demand for housing, and a study commissioned by FAR looks at Florida’s present and future.
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Forbes names 10 best retirement spots
Forbes names 10 best retirement spots
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Survey: Most homeowners think real estate market turning around
About 75 percent of Americans think the real estate market has hit bottom and is now bouncing back, according to a consumer confidence study conducted by Zillow.com. But while home values have dropped for about 80 percent of U.S. homeowners, only 60 percent believe their home has seen a decrease.
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Census Bureau: Relocation rate lowest since tracking began in 1948
The U.S. Census Bureau announced last week that the national mover rate declined from 13.2 percent in 2007 to 11.9 percent in 2008 — its lowest rate since the bureau began tracking these data in 1948.
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Survey says Americans still eager to buy
WASHINGTON – March 24, 2009 – Nearly 25 percent of adults say they plan to purchase a home in the next five years and half of those (53.5 percent) will be first-time homebuyers, according to a survey commissioned by Move Inc., operator of Realtor.com.
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Florida still growing but in-migration down 90 percent
GAINESVILLE, Fla. – March 24, 2009 – The economic recession has cast a shadow over growth in the Sunshine State, according to the latest population projections from the University of Florida (UF), which see Florida’s population increases falling to their lowest level in 60 years as some counties actually shrink.
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NO PLACE LIKE HOME
It’s not a good market outside, but it’s still home inside. A survey released by the Pew Research Center finds that 90 percent of homeowners say their home is a source of comfort, and only 9 percent consider it a burden.
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STILL GOT IT
Two Florida cities remain in the top 10 of Relocation.com’s list of desirable cities. Relocation.com analyzed cities’ popularity to people wishing to relocate, and bases it on the number of requests it gets for information.
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Study: Florida in- and out-migration balanced in 2008
ORLANDO, Fla. – Jan. 8, 2009 – United Van Lines tracks its moves each year and compares the number of people moving into each state versus the number moving out. In 2008, the company found Florida to be “balanced,” meaning the number of inbound and outbound movers was almost equal. The Mid-Atlantic states saw growth, however, while states to the north saw decreases.
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THE NOT-SO-GREAT MIGRATION
U.S. Census data from July 1, 2007, to July 1, 2008, indicates that the recession has slowed migration from the Northeast and Midwest to the Sunbelt and the West. Fewer people moved due to the weak job market and home-price declines.
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HOME IS WHERE EVERYBODY IS?
From 2000 to 2007, the U.S. Census reports a 42 percent jump in the number of heads of household residing with parents, siblings and other relatives. Soaring shelter costs, the economic downturn and an increase in the immigrant population are responsible for the rise in intergenerational households.
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SUBPRIME WEB TIME
For every 1,000 homes in your farm area, how many have subprime or Alt-A mortgages? How many of those are in foreclosure? How many are REOs, low- or no-doc loans, or ARMs resetting within the next 12 months? That information is now at your fingertips. The Federal Reserve released a Web site, customizable down to the zip code level, that displays the prevalence of 12 different types of mortgage situations for either Alt-A or subprime mortgages.
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Second-home sales accounted for one-third of transactions in 2007
WASHINGTON – March 31, 2008 – The combined total of vacation- and investment-home sales declined with the overall market in 2007, but still accounted for 33 percent of all existing- and new-home sales, which is close to historic norms, according to the National Association of Realtors® (NAR).
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Economy slows Florida population growth to lowest level in 30 years
GAINESVILLE, Fla. — March 28, 2008 – Migration will continue to fuel Florida’s growth over the next two years, with University of Florida (UF) economists projecting about 575 people moving into the state each day. The growth rate has slowed, however. Between 2002 and 2006, however, the state was a daily in-migration rate of 1,145 people.
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WOMEN GET REAL
Swanepoel Trends Report 2008 indicates that women have achieved executive level positions in real estate companies in recent years. According to Stefan Swanepoel, “One need only look back a decade or two to see that very few of the top two positions in a national real estate company have been held by women.
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Older buyers downsizing– but not by much
WASHINGTON – Feb. 21, 2008 – With the 55-plus population expected to exceed 85 million by 2014, home builders say they’re catering more to the needs and interests of mature homebuyers, according to a new study that was released last week by the National Association of Home Builders (NAHB) in conjunction with their International Builders’ Show in Orlando.
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AGREE TO DISAGREE
Tracking housing values is harder than tracking stocks. The Office of Federal Housing Enterprise Oversight’s index and the gloomier Standard & Poor’s Case/Shiller index track home prices with methods considered reliable, analysts say.
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POPULATON BOOSTS FLORIDA HOUSING DEMAND
Florida will add 325,000 new residents next year, which is a decrease from the annual net population growth rate of 350,000 recorded from 2000 to 2006, according to Orlando-based economist Hank Fishkind. Of the 350,000 people added to the Sunshine State each year during this period, Fishkind says residents moving from other states accounted for 203,000, while foreigners and births accounted for 107,000 and 47,000, respectively.
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ON THE MOVE
According to data just released by the U.S. Census Bureau, 39.8 million U.S. residents moved between 2005 and 2006. The moving rate remained statistically unchanged from 2005 at 14 percent.
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Baby Boomer Open House
Sullivan Group Real Estate Advisors President Tim Sullivan says baby boomers will have a major impact on the housing market during the next two decades, as becoming empty nesters and caring for aging parents play a role in what types of homes they want and where they live.
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Two Florida cities among nation’s fastest growing
WASHINGTON – July 5, 2007 – Florida had two cities among the 10 fastest-growing cities in the U.S., according to the latest U.S. Census Bureau population estimates. Port St. Lucie ranked third for fastest growth rate among large cities (100,000 or more population) between July 1, 2005, and July 1, 2006, while Cape Coral came in fourth.
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There's gold in the golden years
As the oldest baby boomers plan out their retirements, many cities are introducing programs to attract these retirees and their considerable economic assets.
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Gators Win Again
Authors Bert Sperling and Peter Sander have named Gainesville the best place to live in the United States, identifying the college town as No. 1 out of 375 metropolitan areas in the latest edition of their book, “Cities Ranked & Rated.”
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Worth a Million
The number of U.S. millionaire households has risen to a record high of 9.3 million as of mid-2006, up 5 percent from 2005, according to TNS Global’s annual Affluent Market Research Program.
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Follow the money
Follow the money
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A surge in the ’burbs
WASHINGTON – March 22, 2007 – The Census Bureau’s list of the fastest-growing counties between April 1, 2000, and July 1, 2006, indicates that people are fleeing crowded cities in search of affordable housing in the suburbs. Over this time span, Florida’s Flagler County blossomed by 67 percent, pushing it to the top of the list ahead of Kendall County, Ill., which includes the Chicago suburbs.
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Florida households grow over last six years despite hurricanes
GAINESVILLE, Fla. — Hurricanes failed to dampen Florida’s growth, as the number of year-round households in the Sunshine State grew an estimated 15 percent between 2000 and 2006 to more than 7 million residences, a new University of Florida study shows.
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Snowbirds and “sunbirds” cause big shifts in Florida’s older population
Marketing to older adults? A new UF study looks at the movement of snowbirds and sunbirds (residents who travel north each summer). At the peak of the 2005 winter season, an estimated 818,000 snowbirds traveled to Florida for at least one month; meanwhile 313,000 residents did the same, but in reverse, during the summer.
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Study identifies areas of fastest growth, aging
The most significant factors that will affect housing during the coming years will be whether aging baby boomers decide to grow old where they are and where young immigrants decide to settle, according to a new study released by the MBA.
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Poll finds consumers confident of home values
Americans remain highly confident about the nation’s housing prospects – more than four out of five homeowners expect the value of their home to appreciate over the next five years, and nearly seven out of 10 consider it their most valuable investment.
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NAR: Homebuying increasingly a goal of the young
As they begin to enter the housing market, many consumers in their 20s are more likely to buy a home at a younger age than their older brothers and sisters as well as their baby boomer parents, and are not necessarily waiting for marriage or even a long-term relationship before becoming homeowners.
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Typical Florida real estate firm a one-office company
What's a "typical" Florida real estate firm look like? An survey commissioned by FAR and conducted by the NAR finds that it has one office, invested more in technology last year, and increased its spending on training.
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Florida popular place to live nationally and internationally
A first-time public opinion survey asked the question: Where do you want to live? Americans picked Florida as their third favorite state, with North Carolina first and Virginia second. Internationally, Florida ranked No. 2, surpassed only by California.
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U.S. population growth drives sprawl
As the U.S. population tops 300 million, the country is losing 6,000 acres of open space to development a day, nearly four acres a minute.
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Minorities, immigrants fuel mortgage demand
Minority buyers made up the fastest-growing segment of all new mortgages for home purchases in 2005, according to a recent report analyzing mortgages in high-volume metropolitan areas
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Exurbs more diverse
“The ‘exurbs’ do not abound nor fit a single, neat stereotype, according to "Finding Exurbia: American’s Fast-Growing Communities at the Metropolitan Fringe," a recent study published by The Brookings Institution in Washington, D.C.
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10-25-06 NAR: September existing-home sales ease
Total existing-home sales -- including single-family, townhomes, condominiums and co-ops -- dipped 1.9 percent to a seasonally adjusted annual rate of 6.18 million units in September from a level of 6.30 million in August
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Everyone must live somewhere
Yesterday, the U.S. population hit 300 million, according to the U.S. Census Bureau -- and all those people must live somewhere. But wait; there's more: The Census Bureau expects a surge in the country's population to 400 million during the next 35 years, with immigrants accounting for most of those newcomers.
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Baby boomer study shows changing housing needs
Most of the 78 million baby boomers are far from retirement, with diverse plans and timelines, resulting in different housing requirements and significant shifts from patterns established by earlier generations. |
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