Norris Bruce
Jan 02, 2019

7 Economists Answer 7 Questions

Today’s News Synopsis:

2019 Housing outlook for real estate investors.  Aaron Norris was featured this week with his insight into four factors that will be a huge influence on the future of housing.  CoreLogic reported home prices increased 5.1% year-over-year.

In The News:

ThinkRealty – “2019 Housing Outlook for Real Estate Investors” (1-2-2019)

“The U.S. housing market will continue to face headwinds that likely will grow in strength and number in 2019, according to seven leading housing economists interviewed by Think Realty’s Housing News Report for our annual housing outlook report.

MarketWatch “Why home buyers could be forced to shrink their budgets in 2019” (1-2-2019)

“The U.S. housing market may be cooling off — but that doesn’t mean prospective home buyers will catch a break.” – “The 10 Surprising Housing Markets Poised to Rule in 2019” (1-2-2019)

“Going into the new year, just about everyone has heard the big news: The real estate market is slowing down.  Crazy annual price spikes are waning, more properties are hitting the market, and there are fewer buyers to compete with.”

CoreLogic “CoreLogic Reports November Home Prices Increased by 5.1 Percent Year Over Year” (1-2-2019)

“CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI) and HPI Forecast for November 2018, which shows home prices rose both year over year and month over month”

Quartz – “This is the most valuable real estate on the moon” (1-2-2019)

“Location, location, location. It’s the dogma for every real estate agent, and it’s equally true on the moon.”

Curbed – “Real estate tech companies will be tested in 2019” (1-2-2019)

“Over the last five years, a wave of real estate technology companies, or proptech, have sought to merge technology and big data to upend a housing industry that’s remained antiquated for decades.”

HousingWire – “Here’s what rents did in all 50 states in 2018” (1-2-2019)

“As we’ve now officially crossed over to 2019, we can take a full look back at what happened in the multifamily industry in the year that just passed.”

Forbes “Four Influential Factors That Will Impact The Future Of Housing” (1-2-2019)

“With a cooling housing market, it’s a good time to look at factors that may influence housing in the future and how these trends could impact residential real estate investors.”



California Real Estate Investor Events

Bruce Norris will be presenting his latest talk 10 Decisions To Make Before The Next Downturn with Prosperity Through Real Estate on Wednesday, January 2.

Aaron Norris will be presenting his latest talk Technology Trends and Effects on Real Estate with WEREP on Friday, January 4.

Bruce Norris will be presenting his latest talk 10 Decisions To Make Before The Next Downturn with Robert Hall & Associates on Wednesday, January 9.


Looking Back:

U.S. Homes worth a cumulative $31.8 Trillion!  CoreLogic reported home sale prices increased 7% in November, and they expected to see prices increase drastically this year.  You may have been surprised to see what states people were moving to and where they were leaving


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