Where Millennials Are Moving – 2021 Edition
Young professionals have long looked to New York, Los Angeles, Chicago and other bustling cities as places of opportunity.
https://smartasset.com/mortgage/where-millennials-are-moving-2021
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U.S. Luxury-Home Sales Far Outpace Lower Price Brackets
The high-end is driving housing activity, with such deals up nearly 42% in the first quarter compared to a year ago
https://www.mansionglobal.com/articles/u-s-luxury-home-sales-far-outpace-lower-price-brackets-226821
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Seattle’s 6 Most Expensive Suburbs
Amazon’s founder owns a house in Medina, a small city on Lake Washington that’s still big enough for his richest-man-in-the-world forebearer, Bill Gates, to also call home. And Steve Ballmer, the one-time Microsoft CEO and current owner of the Los Angeles Clippers, recently bought another pad in Hunts Point.
https://www.seattlemet.com/home-and-real-estate/2021/04/6-most-expensive-seattle-suburbs-real-estate
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The Estate Tax and Real Estate
More than 6,400 taxpayers filed an estate tax return (Form 706) in 2019, according to recently released IRS data—40.1% of which were taxable after various deductions were taken into account.
https://eyeonhousing.org/2021/04/the-estate-tax-and-real-estate/
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Washington House approves new tax on capital gains
A new tax on capital gains would be imposed on the sale of stocks and bonds in excess of $250,000 under a measure approved Wednesday by the Washington House. Retirement accounts, real estate, farms and forestry would be exempt from the proposed tax.
https://www.kiro7.com/news/local/washington-house-approves-new-tax-capital-gains/JYNPSCG4LJAB7POVU6N4U6MZ4A/
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Flush with cash, affluent Americans are chasing million dollar listings
As wealthy Americans took advantage of cheap mortgages, increased savings and the ability to work from home during the pandemic, their demand for bigger homes and million-dollar listings outpaced sales of homes across all other price ranges.
https://www.usatoday.com/story/money/2021/04/21/homes-sale-affluent-americans-chasing-luxury-houses/7299435002/
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Home sales fall for second month
Sales of previously occupied U.S. homes fell for the second consecutive month in March because there are so few on the market, and the fierce competition for those that do exist is pushing prices to new highs.
https://www.bendbulletin.com/business/home-sales-fall-for-second-month/article_91106f76-ce0b-561e-b438-df9616e0b5c6.html
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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