Thursday, August 15, 2013

'Drive by' research shows a bright future for US metro areas
7 Aug 2013
News : While it’s generally accepted that the US housing market is experiencing a recovery, one leading consulting firm is predicting more positive results than most.

Metrostudy have forecast a double-digit increase in metro-area new home prices to continue through the rest of the year (their statistics from July 2013 saw a 12% rise) – although they say it will most likely level out to around +6% in 2014.

The company say that the current exciting increase is mainly down to a couple of factors: the continuing release of pent-up demand for real estate and the improvement in the American economy – people are feeling more confident about buying property for lifestyle.

Metrostudy gather their statistics in US metro areas using a “drive by” technique. Basically, the company’s researchers will drive past any and every lot currently being worked on by construction companies and pick up on a number of factors.

Has work started? How quickly is it progressing? Are completed houses still lying empty? When people move in, how stable are they likely to be (for example: toys on the lawn means family, family often means stability).
- See more at: http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=1487#sthash.0rm8C5FR.dpuf
'Drive by' research shows a bright future for US metro areas
7 Aug 2013
News : While it’s generally accepted that the US housing market is experiencing a recovery, one leading consulting firm is predicting more positive results than most.

Metrostudy have forecast a double-digit increase in metro-area new home prices to continue through the rest of the year (their statistics from July 2013 saw a 12% rise) – although they say it will most likely level out to around +6% in 2014.

The company say that the current exciting increase is mainly down to a couple of factors: the continuing release of pent-up demand for real estate and the improvement in the American economy – people are feeling more confident about buying property for lifestyle.

Metrostudy gather their statistics in US metro areas using a “drive by” technique. Basically, the company’s researchers will drive past any and every lot currently being worked on by construction companies and pick up on a number of factors.

Has work started? How quickly is it progressing? Are completed houses still lying empty? When people move in, how stable are they likely to be (for example: toys on the lawn means family, family often means stability).
- See more at: http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=1487#sthash.0rm8C5FR.dpuf

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