Monthly Archives: December 2015

Dwellings Disappoint Last week, HUD reported that seasonally adjusted annualized new home sales hit 490,000. While up, the last time new home sales were this low before the Great Recession was in 9/91. Moreover, new home sales hit their all-time … Continue reading →

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Trimming Trees In 2014, 26.3 million natural Christmas trees were purchased, down from 33.0 million in 2013, while 13.9 million manufactured trees were bought, down from 14.7 million in 2013. The average price was $39.50 for natural trees and $63.60 … Continue reading →

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Building permits in November 2015 were at a seasonally adjusted annual rate (SAAR) of 1,289,000, up 11 percent from the revised October rate and up 19.5 percent from November 2014. Housing starts in November 2015 were at a SAAR of … Continue reading →

While the Chinese economy is cooling, Chinese buyers are pouring into US real estate. In 2015, their $30 billion in purchases will equal all purchases by Canadians, Indians, Mexicans, and the British, the next four most popular nationalities. Chinese buyers … Continue reading →

2016 Bullet point number 2 is applicable to our market as well. The continued oversupply of housing priced at 1ml+ will force prices downward.

rent American Homes 4 rent owns 249 properties in Wake County.