2. realtor.com
• Total home sales are up 5% compared
with the first half of 2015.
• Median existing home prices
are up 5%, setting a new record.
• Overall, we had the best
spring in a decade.
• Robust appreciation has restored home
equity for many homeowners encouraging
them to consider selling and buying again.
The Real Estate Market in the 1st Half of 2016
3. MARU/VCR&C
Home Buyer
Pulse
77%
cited mortgage rates as the
most important factor when
purchasing a home
35 %
of Millennials are
putting less than a 20%
down payment
63%
will buy a home in the
next 2 years with
21% currently looking
Respondents are not currently homeowners and are
considering purchasing a home in the next 5 years.
4. Your Own Home 401K or IRA Other Real Estate Mutual Funds Stocks Bonds
12%12%
16%16%
34%
49% Percentage of those surveyed
who think each of the following is
an “excellent” investment
- Morning Consult Survey
5. Real Estate Cash Investments Gold/Precious Metals Stock Market Bonds
5%
16%16%
23%
25%
Which would be the best way
to invest money you wouldn’t
need for more than 10 years?
- Bankrate Financial Security Index
16. Resources
KEEPINGCURRENTMATTERS.COM
Slide Slide Title Link
4 Real Estate Market 2016 http://www.realtor.com/news/trends/housing-market-first-half-2016-hard-to-beat
5,6,9
Existing Home Sales, Pending
Home Sales, Housing Supply
http://www.realtor.org
7 Lawrence Yun Quote http://www.realtor.org/news-releases/2016/07/existing-home-sales-ascend-again-in-june-first-time-buyers-provide-spark
8, 50, 59 Seller Traffic, Buyer Traffic http://www.realtor.org/reports/realtors-confidence-index
10, 87 Last Summer vs. This Summer http://www.realtor.com/news/trends/homes-sales-limited-by-low-inventory/
11 Peter Muoio Quote http://www.dsnews.com/news/07-26-2016/summer-heats-up-single-family-markets
12 Home Buyer Pulse https://mediaroom.tdbank.com/surveys?item=34348
13, 16, 84
Sterling White Quote, Best
Investment Study
http://www.bankrate.com/finance/consumer-index/financial-security-charts-0716.aspx
14, 84 Excellent Investment http://www.nahb.org/en/news-and-publications/press-releases/2016/07/new-poll-shows-housing-remains-a-priority-for-most-americans.aspx
15, 84 Gallup Poll http://www.gallup.com/poll/190850/americans-say-real-estate-best-long-term-investment.aspx
18, 85 Average Rent http://www.axiometrics.com/blog/the-2q-early-apartment-market-numbers
19 Y-O-Y Rent Increases http://zillow.mediaroom.com/2016-07-28-Rents-Rising-Fastest-Among-Low-End-Apartments
20, 86 Cost of Renting vs. Owing https://www.gobankingrates.com/mortgage-rates/cost-renting-vs-owning-home-state/
21 3 Steps to 3% Down http://www.freddiemac.com/blog/homeownership/20160707_3_steps_to_3_percent_down.html
22 Mike Capuano Quote Politico Events Tweet 7/26
23 Lawrence Yun Quote http://www.mpamag.com/news/growing-morale-chasm-between-owners-and-renters-34789.aspx#.V4fXcYG5eLU.twitter
26 Average Days on Market http://www.realtor.org/reports/realtors-confidence-index
17. Resources
KEEPINGCURRENTMATTERS.COM
Slide Slide Title Link
27-29, 40,
42-43
Existing Home Sales Report http://www.realtor.org/
30,31,35 Freddie Mac Home Sales http://www.freddiemac.com/blog/research_and_analysis/20160728_six_down_six_to_go.html
32-34,56-57 New Home Sales, Inventory http://www.census.gov/construction/nrs/pdf/newressales.pdf
36-39 Pending Home Sales Report http://www.realtor.org/
44-46 Case Shiller Price Index https://www.spice-indices.com/idpfiles/spice-assets/resources/public/documents/379360_cshomeprice-release-0726.pdf
47 Forecasted Price Changes http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx#
51-55 Housing Inventory http://www.realtor.org
60-62 Foot Traffic http://www.realtor.org
64, 66 Freddie Mac 2016 Rates http://www.freddiemac.com/pmms
65 Mortgage Rate Projections
http://www.fanniemae.com/resources/file/research/emma/pdf/Housing_Forecast_071916.pdf
http://www.freddiemac.com/finance/pdf/201607-Outlook-07%2012%2016.pdf
https://www.mba.org/Documents/Research/Mtg%20Fin%20Forecast%20Jul%202016.pdf
http://www.realtor.org/sites/default/files/reports/2016/embargoes/forecast-07-2016-us-economic-outlook-07-27-2016.pdf
68, 69 Mortgage Credit Availability https://www.mba.org/2016-press-releases/may/mortgage-credit-availability-decreases-in-april
70-74 Ellie Mae Report http://www.elliemae.com/origination-insight-reports/Ellie_Mae_OIR_JUNE2016.pdf
83
Hispanics who do not know
English well or at all Map
http://www.univision.com/noticias/elecciones-2016/el-mapa-que-muestra-para-quien-si-es-importante-que-kaine-hable-
espanol
18. 2009 2010 2011 2012 2013 2014 2015 2016 2Q
$1,277
$1,179
$1,127
$1,085
$1,050
$1,011
$987
$964
WSJ, AxioMetrics
Average Effective
Rent in the U.S.
19. The Cost of Renting vs. Owning a Home
GOBankingRates