Presentation is loading. Please wait.

Presentation is loading. Please wait.

2012 Market Data from Leslie Appleton Young, Chief Economist, California Association of Realtors Hosted by Tom Wilson, Wilson Investment Properties Guest.

Similar presentations


Presentation on theme: "2012 Market Data from Leslie Appleton Young, Chief Economist, California Association of Realtors Hosted by Tom Wilson, Wilson Investment Properties Guest."— Presentation transcript:

1 2012 Market Data from Leslie Appleton Young, Chief Economist, California Association of Realtors Hosted by Tom Wilson, Wilson Investment Properties Guest on the show – Richard Crouch, Realtor through August 20122 - as discussed on KDOW Courtesy of Richard & Kandis

2 How is the Market?

3 California Real Estate

4 SOURCE: California Association of Realtors ®

5 Share of Equity Sales Trending Upward Since Early 2012 SOURCE: California Association of Realtors ®

6 California Equity SOURCE: Core Logic 71% with Equity

7 Median Price of Existing Detached Homes SOURCE: California Association of Realtors ®

8 Unemployment Heading Down: At 3-year Lows SOURCE: CA Employment Development Division

9 California Employment California Added ~300k Jobs from August 2011 to August 2012 SOURCE: CA Employment Development Division Month-to-Month Changes

10 Consumer Confidence Things are Getting Better SOURCE: The Conference Board

11 California Prices SOURCE: California Association of Realtors ® California Prices Over-Shot the Trend Line Snapping Back Slowly

12 Housing Affordability SOURCE: California Association of Realtors ® California Remains at a Record High But continues to trail the U.S.

13 Mortgage Rates SOURCE: Federal Home Loan Mortgage Corporation At 50-year Lows

14 Tighter Lending

15 Low Inventory SOURCE: California Association of Realtors ® Pushing Prices up

16 Multiple Offers SOURCE: California Association of Realtors ® Highest in the past 12-years

17 Investment Properties SOURCE: California Association of Realtors® 17% 83% Investment to Flip Rental Property

18 Cash Buyers SOURCE: California Association of Realtors® Almost 1/3 of Buyers Paid with All Cash

19 Bay Area Local Real Estate

20 Sales of Existing Detached Homes SOURCE: California Association of Realtors® August 2012: 4,255 Units Up 9.2% Year-To-Year

21 Sales by County SOURCE: California Association of Realtors®

22 Distressed Properties SOURCE: California Association of Realtors®

23 Moving Forward California Real Estate

24 Housing Forecast SOURCE: California Association of Realtors®

25 Pent-Up Housing Demand is Looming SOURCE: California Association of Realtors®

26 Construction The Numbers are Improving SOURCE: CA Employment Development Department


Download ppt "2012 Market Data from Leslie Appleton Young, Chief Economist, California Association of Realtors Hosted by Tom Wilson, Wilson Investment Properties Guest."

Similar presentations


Ads by Google