Your Home Tax Deduction Checklist: Did You Get Them All?
Welcome to your home tax deduction checklist! For homeowners, this kind of guidance is essential in the wake of all the changes ushered in by the new tax plan, the Tax Cuts and Jobs Act, that are still rolling in.
https://www.realtor.com/advice/finance/your-home-tax-deduction-checklist/
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Helping Clients and Agents in a Low Inventory Market
Existing-home inventories have been at record lows since the start of the pandemic. The number of homes for sale nationwide plunged 42.6% year-over-year in January, according to realtor.com®. And 88% of 161 metros tracked by the National Association of REALTORS® posted double-digit annual price increases in the fourth quarter of 2020
https://magazine.realtor/for-brokers/network/article/2021/02/helping-clients-and-agents-in-a-low-inventory-market
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1 house, 45 offers: Homebuyers in Western Washington hard-pressed as supply remains scarce
Just how competitive is Western Washington’s housing market?
https://www.seattletimes.com/business/real-estate/homebuyers-in-western-washington-hard-pressed-as-mortgage-rates-tick-up-and-supply-remains-scarce/
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Empty Office Buildings Squeeze City Budgets as Property Values Fall
Those dormant offices, malls and restaurants that have turned cities around the country into ghost towns foreshadow a fiscal time bomb for municipal budgets, which are heavily reliant on property taxes and are facing real estate revenue losses of as much as 10 percent in 2021
https://www.nytimes.com/2021/03/03/business/pandemic-city-budgets.html
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S&P/Case-Shiller WA-Seattle Home Price Index
Updated: Feb 23, 2021
https://fred.stlouisfed.org/series/SEXRNSA
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Top Markets Where It Makes the Most Sense To Rent vs. Buying a Home Right Now
Since the coronavirus pandemic took the shine off expensive (and cramped!) urban living, rents have tanked in some of the nation's top cities. But when it comes to whether it makes more financial sense to buy a home or rent one, it turns out that, in many cases, buying is still your best bet.
https://www.realtor.com/news/trends/rent-vs-buy-2021-the-best-places-to-become-homeowners-or-remain-renters/
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These 25 Markets Are Adding the Most Multifamily Units
Whether you're looking to break into real estate investing or add another piece of property to your portfolio, it pays to focus on multifamily properties.
https://www.fool.com/millionacres/real-estate-investing/articles/these-25-markets-are-adding-the-most-multifamily-units/
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Washington had one of the strongest housing markets in the country in the end of 2020: report
Washington was among the top 10 states across the country that had the strongest housing markets in the fourth quarter of 2020, according to a new report.
https://www.seattlepi.com/realestate/article/wash-one-of-strongest-housing-markets-end-2020-16001329.php
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Weekly Housing Market Monitor
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
https://www.nar.realtor/research-and-statistics/research-reports/weekly-housing-market-monitor
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Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
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Local Market Reports
All real estate is local and every market is unique. To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including:
https://www.nar.realtor/research-and-statistics/research-reports/local-market-reports
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx