Local Market Reports Archive

Two Year Change in Employment (by Metro Area)

Job creation and household formation are major drivers of the trend in home sales. Job creation has been strong but inconsistent over the last year. However, some areas have shown significant improvements. Notably, several formerly distressed markets have shown...

Jobless Recovery: Labor Market Change Over Last Two Years

The national unemployment rate eased from 6.7% in March 2014 to 6.3% in April 2014. While that figure is strong at face value, the decline was in part due to the departure of 806,000 workers from the labor force....

Owner Equity Gains Since Q1 2012

The median home price increased nearly 21% over the two-year period ending in the first quarter of 2014. Price gains were particularly strong in markets that experienced a sharp downturn during the recession, including markets in Arizona, California, and...

Foreclosure Rate by States (Two Year Change)

The steady improvement in house prices and employment coupled with the 2013 refinance boom had a significant impact on foreclosures nationally. Across the country, the foreclosure rate fell dramatically. As depicted below, no state has seen an increase in...

Top 10 Markets by Equity Appreciation since 4th Quarter 2010

Housing is not an investment like a stock or a bond, but over the long term it can be a great way to build equity. Even in the wake of the worst housing recession in modern history, a majority...