A Turn of the Tide for Housing
America’s sizzling housing market has cooled.
Optimism is the fuel propelling the U.S. housing market.
Positive social mood is driving increases in real estate prices.
Is improving social mood bringing confidence back to home buyers?
Does a lot of positive news about the housing market mean the bottom is in, or is it just another false alarm?
Interested in downsizing your home? You’re not alone. Buyers across the country are embracing extravagantly small homes.
Much has changed in America’s housing recently. Yet the most dramatic shift may be the market’s move away from the realm of speculative investment, and back to a place to call home. It’s likely that you (or someone you know) understand this from first-hand experience. No surprise there; EWI has been predicting the shift for over a decade. Now, friend of the Institute Peter Atwater takes a fresh look at these connections. One of the most practical reasons to look at any market through the eyes of its participants is to envision the surprising possibilities for the future.