Tag Archives: Property Value

Total Hotel Property Returns — 9.17 Percent 12 Months Ending June 2016, 6.86 Percent Average Annual Return Since 2001

The National Council of Real Estate Investment Fiduciaries (NCREIF) is the trade association that basically consists of tax-exempt real estate typically held by pension funds. NCREIF generates several total property returns indices. This highly transparent dataset included 7,353 properties with an estimated market value of $505.3 billion as of the end of Q2 2016. These …Read more

June 2016 Existing Home Sales up 3.0 Percent Year-Over-Year to Greatest Level Since February 2007, Median Price Up 4.8 Percent to $247,700

U.S. existing home sales rose 3.0 percent year-over-year in June 2016 to 5.57 million on a seasonally adjusted annualized rate (SAAR) as reported by the National Association of Realtors® (NAR). This was greatest level seen since the 5.79 million reported in February 2007. Using unadjusted numbers, June residential home sales tallied 583,000. Median price was …Read more

Another Top-10 List — Trendiest But Still Affordable Cities

There are two words not often used in the same sentence when describing a housing market: Trendiest and Affordable. Yet Millennials today seek both when looking for a place to live and work. So what their options? To identify markets that qualify for these two attributes simultaneously, Realtor.com examined the 500 largest cities in the …Read more

November 2015 Existing Home Sales — Down 3.8 Percent from a Year Ago, But Off 10.5 Percent from October 2015 With Much of the Decline Attributed to Newly Implemented TRID

Existing home sales in November 2015 were down 3.8 percent from a year ago at a seasonally adjusted annualized rate (SAAR) of 4.76 million, according to the National Association of Realtors® (NAR). However, when compared to October 2015, sales declined sequentially 10.5 percent (SAAR). Much, if not all of this decline, is attributed to the …Read more

DrTCJ Tweets May 22 2015 – June 18 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more