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articles about “kolko

This Week’s Housing News — 2/15/13 — Love & Politics

Jed Kolko, Chief Economist
February 15, 2013

This week was all love and politics.

In his State of the Union speech, President Obama plugged his refinancing initiatives: continue reading

Looking for Love in All the Right Places

Jed Kolko, Chief Economist
February 12, 2013

In Washington, D.C., women often complain about the lack of available men. On the other hand, “Man Jose” gets that nickname for having too few available women for the men of Silicon Valley. But is it fact or fiction? In love, as with real estate, it’s better to get the inside scoop before you start your search.

To figure out where the gender ratio is most skewed in each direction, we went right to the data. We know from our consumer survey about love and housing that not all singles are equally in demand, at least when it comes to dating. Among unmarried adults, 62% prefer to date someone who lives alone; only 14% prefer to date someone who lives with other people. Perhaps living alone sends the right signal about independence and availability – or perhaps living alone just makes dating easier (does anyone really want to hear their mom ask, “Honey, can I make you and your friend some pancakes?”). continue reading

Asking Home Prices Set New Records

Jed Kolko, Chief Economist
February 11, 2013

While Rents Ease as Supply Expands

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed. continue reading

This Week’s Housing News — 2/1/13

Jed Kolko, Chief Economist
February 1, 2013

This week, new data on home prices and homeownership, plus some warnings about housing’s future:

Home prices keep rising, but homeownership hasn’t gone up at all since the bust: continue reading

When is Your Market’s Peak House Hunting Season?

Jed Kolko, Chief Economist
January 30, 2013

As winter’s end approaches, the housing market wakes up. All key measures of housing activity–searches, prices, starts, sales, and inventories–typically hit their annual lows in December or January. Each year, would-be buyers come out of hibernation first: search behavior starts to pick up in January, reaching its peak in March and remaining strong through August. Sales and inventories peak later in the year. But local housing markets have their own rhythms.

To see when each state’s housing market heats up, we looked at six years of search history on Trulia – January 2007 to December 2012 – for properties in every state. (This is based on the state where the property is located, which is not necessarily where the person searching is located.) Of course, Trulia’s site traffic has grown dramatically over these years, so we used a seasonal adjustment model to strip out the upward trend and uncover the regular seasonal rhythms of search behavior across the country. continue reading

Best Places To Live If You Want To Lose Weight

Jed Kolko, Chief Economist
January 10, 2013

It’s been a long holiday season of sugared bacon and brown-butter cookies. Now begins the January push to lose weight–the #1 New Year’s resolution. Weight loss isn’t only about willpower; your environment matters too: cheap food, suburban sprawl, and long commutes all contribute to America’s obesity problem. Which metros give you a fighting chance to get back into fighting shape? Instead of doing crunches at the gym, we’ve been sitting at our desks crunching the numbers to figure it out.

Because there are many ways to lose weight, we combined five different measures in our final ranking. Each of these measures reflects a different weight-loss strategy: continue reading

Asking Home Prices Rose 5.1% in 2012

Jed Kolko, Chief Economist
January 4, 2013

Huge Turnaround After Falling 4.3% in 2011

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.
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2013’s Top 10 Healthiest Housing Markets

Jed Kolko, Chief Economist
December 21, 2012

Along with our take on what’s in and what’s out for housing in 2013, I’ve got my eye on 10 “healthy” housing markets with solid fundamentals. The healthy markets that made the list have strong job growth (Bureau of Labor Statistics), which bodes well for housing demand; low vacancy rates (U.S. Postal Service)–low enough to encourage new construction, but not so low that inventory and sales are restrained; and low foreclosure inventory (RealtyTrac), since foreclosures tend to hold back recovery.

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“Renter Nation” Just A Myth: 93% of Millennial Renters Plan To Buy A Home Someday

Jed Kolko, Chief Economist
December 12, 2012

Trulia’s year-end 2012 American Dream survey reveals how today’s consumers are more optimistic about the housing market and more ready to buy. For Millennials, the recent housing bust shapes their near-term expectations about the market in general, but nearly all young renters want to buy in the long run. Going into 2013, consumers expect inventory to expand, and it looks like that will happen so long as prices keep rising: as price gains push more homeowners into positive equity, more will be willing to sell.

To get Americans’ take on homeownership, we worked with Harris Interactive to conduct an online survey of 2,083 U.S. adults between November 15-19, 2012. For the full methodology, see below. continue reading

This Week’s Housing News — 12/7/12

Jed Kolko, Chief Economist
December 7, 2012

This week’s news: home prices and rents rise again, and foreclosures make their mark.

Home prices and rents keep rising: continue reading