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Q3 2019 Cross-Market Demand Report

Increasingly more home shoppers are looking outside of their home metros and states this year, largely driven by affordability concerns  Spokane-Spokane Valley, WA, had the largest relative inflow of home shopping interest this quarter, whereas San Jose-Sunnyvale-Santa Clara, CA had the largest relative outflow In metros with the most relative inflow of demand, out-of-metro shoppers
The average student loan borrower owes more than the typical down payment for a home; Millennial debt totals $498 billion New data shows that the total outstanding federal student debt could buy every U.S. house on the market 1.9 times over. With the rising costs of education, students are borrowing more and more money, which
Investment Sales Increased in the Second Quarter Over the past ten quarters, investor home buying growth outperformed total home sales. While total home sales declined by 2.6 percent over the year in the second quarter of 2019, investor home buying grew by 5.4 percent. Despite a prolonged period of declining home inventory, rising prices, and
Affordable midwestern markets continue to dominate the list, however western markets are stabilizing and are poised for a comeback Fort Wayne, IN retained its number one position on the list for the third month in a row The slowdown in the country’s largest and most expensive metros is continuing to decelerate compared to earlier this

Wowza! | Crazy Huge Estates

#celebs #realestate Bill Smith/NHLI via Getty Images Now that he’s done lacing up his skates, Slovenian hockey star Marián Hossa is looking to unload his Chicago condo—again. The unit has been on and off the market since last year, and the price has dropped from the original figure of $4.49 million. It’s now listed for
#celebs #realestate Christian Petersen/Getty Images While his team has been beleaguered on the court, Phoenix Suns owner Robert Sarver has shown he has some game in the real estate market. He recently sold his Paradise Valley, AZ, home for a whopping $19.5 million, a record for the state. “While I will not comment on my client
#celebs #realestate Jeff Vinnick/NHLI via Getty Images Professional ice hockey player Jussi Jokinen is skating away from his Parkland, FL, home. As we reported back in 2015, the Finnish star purchased the property for $1.75 million, soon after he joined the Florida Panthers. He’s now back in Finland, so his South Florida home is back
#celebs #realestate Jamie Squire /Allsport via Getty Images Former pitcher David Cone is still hoping to catch a buyer for his apartment in New York City. Cone purchased the West Village unit in 2016 for $7.97 million. About a year after he bought the place, he moved to be closer to his son’s school, notes

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