5. "It seems like Americans'
love affair with real estate
has returned."
Greg McBride
Bankrate.com's senior financial analyst
Bankrate.com 8/2013
6. Top 5 Reasons Americans Buy a Home
A better place to raise their children
A place their family can feel safe
Ability to have more space
Freedom to renovate to their taste
Owning is a better investment
Fannie Mae
7. Owning is still…
35
% Cheaper
than renting
Homeownership remains cheaper than
renting in all of the 100 largest metro areas
Trulia 9/2013
14. The two best ways to invest money not
needed for more than 10 years
CASH
REAL ESTATE
Bankrate.com 8/2013
15. Home Prices over the Next 12 Months
Prices Going Up
Prices Falling
36%
Remain the Same/Not Sure
29%
6%
9%
55%
All Americans
65%
Upper Middle Class Households
23. “8.3 million homeowners are on the equity fence,
and should have at least 20% equity in the next
15 months… If 5% of these 8.3 million
homeowners list their homes for sale, that’s an
additional 415,000 homes that will be available for
sale in the coming months.”
Daren Blomquist
Vice President of RealtyTrac
HousingWire 8/2013
24. “In the meantime, higher home prices
are bringing out trade-up demand
from existing homeowners who are
experiencing rising home equity,
which supports a down payment on
their next bigger house.”
Yanling Mayer
Director of Research, FNC Inc.
HousingWire 8/2013
27. “This rapid growth is not normal and
cannot and should not be expected to
last. We are already beginning to see
moderation in the monthly pace of
home value appreciation, which will be
good for the market overall and in the
long term.”
Stan Humphries
Zillow Chief Economist
Zillow 9/2013
28.
29. 30 Year Fixed Rate
Mortgage History
January 2012 – October 2013
Federal Reserve 9/2013
30. 115
Pending Home Sales
110
105
100
100 = Historically Healthy Level
95
90
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
NAR 9/2013
31. Months Inventory of Homes for Sale
5-6 Months = Normal Market Inventory
NAR 9/2013
37. Top 5 Reasons Americans Buy a Home
A better place to raise their children
A place their family can feel safe
Ability to have more space
Freedom to renovate to their taste
Owning is a better investment
Fannie Mae
38. Owning is still…
35
% Cheaper
than renting
Homeownership remains cheaper than
renting in all of the 100 largest metro areas
Trulia 9/2013
39. Breakdown of the American Family’s
Net Worth
Federal Reserve 2012
40. Breakdown of the American Family’s
Net Worth
Home Equity
38.6%
61.4%
Other Assets
Federal Reserve 2012
43. Resources
Slide
Slide Title
Link
6
Greg McBride
BankRate.com
http://phx.corporate-ir.net/phoenix.zhtml?c=61502&p=irol-newsArticle&ID=1856909&highlight=
7
Top 5 Reasons Americans Buy a Home
http://www.federalreserve.gov/pubs/bulletin/2012/pdf/scf12.pdf
8
Owning is still…
http://trends.truliablog.com/2013/09/rent-vs-buy-summer-2013/
9, 10
Return on Investment
http://www.spindices.com/index-family/real-estate/sp-case-shiller
11, 12,
13, 14
Breakdown of the American Family’s Net
Worth
http://www.federalreserve.gov/pubs/bulletin/2012/pdf/scf12.pdf
15, 16
The 2 Best Ways to Invest, Home Prices
Over the Next 12 Months
http://phx.corporate-ir.net/phoenix.zhtml?c=61502&p=irol-newsArticle&ID=1856909&highlight=
19
Recent Rate Movement
http://www.freddiemac.com/pmms
21
Mortgage Rate Projections
http://www.mortgagebankers.org/files/Bulletin/InternalResource/84813_.pdf
http://www.freddiemac.com/news/finance/docs/Jun_2013_public_outlook.pdf
http://www.realtor.org/sites/default/files/reports/2013/embargoes/phs-6-27-hgbfjnv/july-2013-outlook-2
http://www.fanniemae.com/resources/file/research/emma/pdf/Housing_Forecast_061313.pdf
24
Daren Blomquist Quote
http://www.housingwire.com/articles/26818-move-up-buying-activity-rises-with-home-equity-gains
25
Yanling Mayer Quote
http://www.fncrpi.com/press_releases.aspx?pr=69
KEEPINGCURRENTMATTERS.COM
44. Resources
Slide
Slide Title
Link
26
Months Inventory of Homes for Sale
http://www.realtor.org
28
Stan Humphries Quote
http://www.zillowblog.com/2013-09-22/u-s-home-values-continue-to-surge-in-august-pace-expected
30
30 Year Fixed Rate Mortgage History
http://www.freddiemac.com/pmms
31, 32,
33
Pending Home Sales, Months Inventory,
Distressed Properties
http://www.realtor.org
34
S&P Case-Shiller Home Price Indices
https://www.spice-indices.com/idpfiles/spice-assets/resources/public/documents/19529_cshomepric
36
How will budgets change in 2014?
http://www.marketingsherpa.com/article/chart/tactics-budget-2014-investment
37
Jennifer Listens Blog
http://jenniferlistens.wordpress.com
KEEPINGCURRENTMATTERS.COM
