Category Archives: Residential

Another Top-10 List — Markets With the Most $1 Million and Up Home Sales

As we discussed earlier this month, http://blog.stewart.com/stewart/2014/04/01/higher-end-housing-market-heating-up/ the high-end residential market is gaining speed as buyers become more confident overall, and alternative investments less attractive (think low interest rates and a relatively strong valuation in the stock market). To compare the luxury markets in 50 cities, Coldwell Banker Previews International® started the annual publication Luxury …Read more

Higher-End Housing Market Heating Up

A structural market change taking place nationwide is the ongoing surge in demand for higher-end housing. Existing U.S. home sales in February 2014 were off 7.1 percent when compared to a year ago. But what is selling based on price ranges tells a unique story. Home sales in the $1 million and up range jumped …Read more

Houston Economy and Housing Markets — Full Throttle Ahead

Jobs are everything to the economy. Period. And that is the same opening I used yesterday when talking about where things are happening, economically speaking, across the U.S. This morning I will be speaking in Houston (where I live), which can best be described as an economy accelerating at full throttle — an appropriate reference …Read more

Another Top-10 List — Apartment Boomtowns

One of my megatrends this and last year in real estate is the continued strong growth in residential rental markets compared to owner-occupied housing. There is going to be at least a decade of people that will be renters, which just a few years ago, would have been homeowners. Consider the trifecta of impacts on …Read more