NOT FOR REPRINT
Page Printed from: globest.com/research/?page=79
Sign In To follow
Most developers avoid building where rent controls are in place.
Small towns were the only area that posted an increase in growth.
Growth slows but remains steady almost everywhere.
Demand is steady for those wanting to get in before costs spike, expectedly.
Monthly P&I payment required for the average home purchase is up nearly $600 in 2022.
Even 'normal' sales, let alone soft or distressed, don't exist at the moment.
Recovery from Covid-19 leads to cap rate compression, Boulder Group reported.
Redfin reported that 16% of homebuyers leaving Austin are moving to San Antonio, mostly due to affordability.
Still, the longstanding upward trend might have plateaued.
Work-from-anywhere culture makes buying in Boise the least affordable market.