The document contains several charts and graphs related to the housing market. It shows that pending home sales have increased over the past year but remain below historic levels. Inventory of homes for sale is still higher than normal. Mortgage rates are near record lows but expected to rise slightly in 2013. Home prices declined for several years but rose modestly in 2012 and are projected to increase 3-5% in 2013 according to analysts. Younger generations see homeownership as an important part of the American Dream.
Pending home sales increased in November according to the National Association of Realtors. While real estate saw strong returns from 2000-2012, it lagged other asset classes like stocks. Home prices increased in most major metros from January to May according to the S&P/Case-Shiller index, but declined from June to August. Young adults aged 25-34 continue to see high rates of living with parents due to difficulties entering the housing market.
The document discusses the potential impacts of new mortgage regulations on the housing market. It suggests regulations under Dodd-Frank and Basel III could reduce the number of mortgage loans by up to 20%, leading to 600,000 fewer home sales. Tougher qualified mortgage rules may make it harder for some borrowers to get loans or cause them to pay higher rates. Overall, the regulations aim to strengthen the financial system but could constrain the housing recovery in the short-term.
Percent of employed persons who work at homeNar Res
This document contains data from the American Time Use Survey conducted by the Bureau of Labor Statistics on the percentage of employed individuals who worked from home in 2007, 2008, and 2011. The data is broken down by job holding status, class of worker, usual weekly earnings, occupation, and educational attainment. Across the years surveyed, self-employed workers and those with higher earnings, professional/managerial occupations, and more education were more likely to work from home. The percentage of individuals working from home increased between 2007 and 2011 for most groups.
- December 2012 livestock slaughter numbers were released, providing the first official estimates of total 2012 slaughter.
- Cattle, hog, and chicken slaughter were all lower than the previous year in December and for the full year. Only turkey slaughter increased slightly for 2012.
- Beef production finished 2012 down 1.1% from the previous year, while pork production increased 2.2%. Broiler chicken production declined 0.4% in 2012.
The annual real estate report for 2012 shows that the real estate market recovery is gaining momentum nationally and locally after bottoming out in 2010-2011. The Allen Tate Company led home sales and listings in the Charlotte region in 2012, with a 10% increase in closed sales over competitors. Looking ahead, new construction is expected to double in 2013, and interest rates are projected to gradually rise as the economy improves.
- The housing market has improved significantly since 2011 due to high affordability, job growth, and low interest rates. Existing home sales are projected to increase in 2012 and 2013.
- Housing inventory remains tight, supporting further home price increases. However, foreclosures could increase in judicial states with slow housing processes.
- Multifamily construction has increased while single-family starts are still recovering from the housing bust. Overall construction is expected to rise to meet demand.
This document provides an economic forecast from small and mid-sized business owners for 2012. It includes projections for US GDP growth, unemployment, and other economic indicators. It also examines business owner confidence levels, impediments to growth, hiring plans, and prospects for raising capital. The respondents favored increasing access to capital and regulatory reform as policies to spur job creation over education reform or increasing competitiveness with trade partners. Overall, the report analyzes the economic outlook and policy perspectives of small and mid-sized businesses.
The document is a real estate report for The Woodlands, Texas that provides monthly data from January 2008 to December 2012. It includes information on listing inventory, properties placed under contract, average and median sold prices, average price per square foot, average days on market, and months of inventory. The data shows trends over time for these key market indicators.
Pending home sales increased in November according to the National Association of Realtors. While real estate saw strong returns from 2000-2012, it lagged other asset classes like stocks. Home prices increased in most major metros from January to May according to the S&P/Case-Shiller index, but declined from June to August. Young adults aged 25-34 continue to see high rates of living with parents due to difficulties entering the housing market.
The document discusses the potential impacts of new mortgage regulations on the housing market. It suggests regulations under Dodd-Frank and Basel III could reduce the number of mortgage loans by up to 20%, leading to 600,000 fewer home sales. Tougher qualified mortgage rules may make it harder for some borrowers to get loans or cause them to pay higher rates. Overall, the regulations aim to strengthen the financial system but could constrain the housing recovery in the short-term.
Percent of employed persons who work at homeNar Res
This document contains data from the American Time Use Survey conducted by the Bureau of Labor Statistics on the percentage of employed individuals who worked from home in 2007, 2008, and 2011. The data is broken down by job holding status, class of worker, usual weekly earnings, occupation, and educational attainment. Across the years surveyed, self-employed workers and those with higher earnings, professional/managerial occupations, and more education were more likely to work from home. The percentage of individuals working from home increased between 2007 and 2011 for most groups.
- December 2012 livestock slaughter numbers were released, providing the first official estimates of total 2012 slaughter.
- Cattle, hog, and chicken slaughter were all lower than the previous year in December and for the full year. Only turkey slaughter increased slightly for 2012.
- Beef production finished 2012 down 1.1% from the previous year, while pork production increased 2.2%. Broiler chicken production declined 0.4% in 2012.
The annual real estate report for 2012 shows that the real estate market recovery is gaining momentum nationally and locally after bottoming out in 2010-2011. The Allen Tate Company led home sales and listings in the Charlotte region in 2012, with a 10% increase in closed sales over competitors. Looking ahead, new construction is expected to double in 2013, and interest rates are projected to gradually rise as the economy improves.
- The housing market has improved significantly since 2011 due to high affordability, job growth, and low interest rates. Existing home sales are projected to increase in 2012 and 2013.
- Housing inventory remains tight, supporting further home price increases. However, foreclosures could increase in judicial states with slow housing processes.
- Multifamily construction has increased while single-family starts are still recovering from the housing bust. Overall construction is expected to rise to meet demand.
This document provides an economic forecast from small and mid-sized business owners for 2012. It includes projections for US GDP growth, unemployment, and other economic indicators. It also examines business owner confidence levels, impediments to growth, hiring plans, and prospects for raising capital. The respondents favored increasing access to capital and regulatory reform as policies to spur job creation over education reform or increasing competitiveness with trade partners. Overall, the report analyzes the economic outlook and policy perspectives of small and mid-sized businesses.
The document is a real estate report for The Woodlands, Texas that provides monthly data from January 2008 to December 2012. It includes information on listing inventory, properties placed under contract, average and median sold prices, average price per square foot, average days on market, and months of inventory. The data shows trends over time for these key market indicators.
- Inflation is expected to rise to 4-6% by 2015, above the Fed's target rate of 2%, due to rising rents and homeowner costs. However, inflation will likely not reach double digits as in the 1970s.
- Home prices are forecast to increase by 15% cumulatively over the next three years as demand increases and supply remains tight.
- The federal budget deficit will contribute to higher borrowing costs and potentially higher inflation if not addressed.
This document analyzes recent data and projections from analysts regarding the housing market. Mortgage rates are projected to rise gradually in 2013 while home prices are expected to increase by 4-8% nationally due to tight inventory and high affordability. Several metropolitan areas saw double-digit year-over-year price increases. Foreclosures continue declining from peak levels as the housing recovery strengthens. Overall, buying a home remains more affordable than renting in most major cities.
- Housing prices in San Francisco increased substantially in 2014, with median sales prices rising 14% for single family homes and 25% for condos.
- While the market saw rising prices and stable inventory in 2014, price gains were less robust than in 2013 as the market shifted from being undersupplied to approaching equilibrium.
- Key metrics to watch in 2015 like days on market, percent of list price received, and absorption rates can provide insights into the future direction of the housing market.
Real Estate Homes Sales Report | The Woodlands TX | November 2012Ken Brand
The Woodlands Homes Sales Report
Average and Median Sold Prices
Average Price Per Square Foot
Average Days On Market
Months Supply of Inventory
Sold Price To List Price Percentage
This real estate report for The Woodlands, Texas in November 2012 contains the following key information:
- Average and median sold home prices and average price per square foot fluctuated monthly from 2008 to 2012. Average days on market also varied each month.
- Unsold home inventory decreased from 2008 to 2012, with the lowest levels in October and November 2012.
- Homes placed under contract increased from January to March 2012 then declined through the rest of the year.
- In October 2012, the average home sold for $341,683 while the median was $274,708, indicating higher priced homes skewed the average upward.
Operations Management in the Supply Chain Decisions and Cases 7th Edition Sch...Dorianner
This document discusses a case study involving Lawn King, a manufacturer of lawn mowers facing seasonal demand. Management has just increased its demand forecast for the coming year, causing them to evaluate forecast accuracy and develop production strategies. Students are asked to develop a forecast, construct alternative monthly production plans using different strategies like level, chase or overtime, and recommend a strategy. Careful analysis and use of Excel is required to evaluate the options and tradeoffs involved in sales and operations planning for this seasonal business.
The document summarizes an industry luncheon presentation on the Australian economy and real estate market. It provides forecasts for interest rates, commodity prices, GDP growth, and consumer price inflation. Charts show trends in house prices, property completions and sales, household debt levels, and the exchange rate. Key challenges discussed include consumer confidence, funding availability, and market volatility.
December 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s December 2014’s Monthly Indicators report from the Greater Boston Association of Realtors®
2014 ends on a high note with single-family closed sales up in December. Strong buyer activity, lower inventory and low interest rates pushed prices up again on homes in December. While overall inventory of homes for sale is down in our area, there continue to be pockets across that are seeing increases. 2014 was a year of lower sales, lower interest rates, lower homes for sale and higher prices.
• December single-family home sales – UP 1.3% over last year
• December Single-family median prices were UP +3.8% at $519,000
• December condo sales DOWN -4.1% and median prices UP +4.7% at $440,000
• Inventory in December DOWN -12.2% to 1,700 and Condominiums Down -28.8% to 940
• SF listings added to the market in December UP +5.6% over last year. (418 from 396 in 2013)
• Condo listings added to the DOWN -1.4% over last year. (357 from 362 in 2013)
The document discusses several housing market metrics and trends. It provides graphs and data on pending home sales, mortgage rates, home prices, inventory levels, foreclosure rates and days to foreclosure. Resources with links to the underlying data sources are also included. The document aims to inform readers about the current state of the US housing market.
Real Estate Home Sales Market Report For The Woodlands TX | Oct. 2012 | Bette...Ken Brand
The document is a real estate sales report for The Woodlands, TX from September/October 2012. It includes data on homes sales, listing inventory, average and median sold prices, average price per square foot, average days on market, and months supply of inventory on a month-to-month basis from 2008 to 2012. The key information shows a decrease in the number of properties sold, average sold price, and median sold price in September 2012 compared to the previous month. The median price as a percentage of average price was 79.8%, suggesting home prices remained stable.
First Night Columbia is a New Year's Eve celebration taking place on December 31st in downtown Columbia with musical performances, magicians, art, and a fireworks show at midnight. Other events include an animated lighting display at Columbia College from December 28th through January 2nd. The Columbia Convention & Visitors Bureau provides a full calendar of local events, including comedy shows, basketball games, horse sales, and live music performances around town from December 28th-30th. Details are also provided about movies currently playing and activities for kids such as parks, an indoor recreation center, bowling alleys, and arts studios.
Determinan Faktor Sosial Dan Ekonomi Terhadap Kemiskinan PendudukAldi Nugroho
Tulisan ini membahas hubungan antara faktor sosial dan ekonomi dengan kemiskinan penduduk. Penelitian menggunakan data seri waktu selama 10 tahun untuk menganalisis hubungan antara pendidikan, pendapatan per kapita, inflasi, konsumsi, PDB regional, dan pertumbuhan ekonomi dengan kemiskinan. Hasilnya menunjukkan bahwa pendidikan berkorelasi positif dengan pendapatan dan menurunkan kemiskinan.
[ PHPFC V / DarkMiraTour ] - Controlando Php com arduino - Easy WayVinícius Feitosa
Este documento descreve como controlar um Arduino usando PHP. Explica que é possível enviar e receber dados de um Arduino conectado via porta USB usando funções PHP como fopen() e file_put_contents(). Fornece exemplos básicos de código PHP e Arduino para esta comunicação.
The vocational nature of teaching has been eroded by successive government initiatives according to Alex Alexandrou, chair of the international professional development association. In an 1869 lecture, John Ruskin argued that education is not a profitable business but a costly one that nations support to develop better citizens, not to earn a living, and that people learn not to make a living but to live better lives through learning. Ruskin said nations prosper through great arts, wisdoms, and practical knowledge, not through treating noble scholarship, philosophy, and art as commodities to be sold.
O documento fornece uma introdução abrangente sobre o Docker, descrevendo suas principais funcionalidades como imagens, containers, Dockerfile e comandos. Ele explica que o Docker é uma plataforma open source que facilita a criação de ambientes isolados utilizando containers leves baseados em imagens. Também descreve brevemente ferramentas como Docker Compose e Docker Machine para gerenciar múltiplos containers.
The document provides an overview of the housing market from January 2000 to March 2013. It includes statistics and charts on pending home sales, new home sales, inventory levels, home prices, mortgage rates, distressed sales, and predictions for 2013. Key points are that housing market fundamentals have strengthened in recent years, home prices are rising in most areas, and inventory remains low, suggesting further price increases. However, rates are expected to rise gradually which could slow price growth.
- Inflation is expected to rise to 4-6% by 2015, above the Fed's target rate of 2%, due to rising rents and homeowner costs. However, inflation will likely not reach double digits as in the 1970s.
- Home prices are forecast to increase by 15% cumulatively over the next three years as demand increases and supply remains tight.
- The federal budget deficit will contribute to higher borrowing costs and potentially higher inflation if not addressed.
This document analyzes recent data and projections from analysts regarding the housing market. Mortgage rates are projected to rise gradually in 2013 while home prices are expected to increase by 4-8% nationally due to tight inventory and high affordability. Several metropolitan areas saw double-digit year-over-year price increases. Foreclosures continue declining from peak levels as the housing recovery strengthens. Overall, buying a home remains more affordable than renting in most major cities.
- Housing prices in San Francisco increased substantially in 2014, with median sales prices rising 14% for single family homes and 25% for condos.
- While the market saw rising prices and stable inventory in 2014, price gains were less robust than in 2013 as the market shifted from being undersupplied to approaching equilibrium.
- Key metrics to watch in 2015 like days on market, percent of list price received, and absorption rates can provide insights into the future direction of the housing market.
Real Estate Homes Sales Report | The Woodlands TX | November 2012Ken Brand
The Woodlands Homes Sales Report
Average and Median Sold Prices
Average Price Per Square Foot
Average Days On Market
Months Supply of Inventory
Sold Price To List Price Percentage
This real estate report for The Woodlands, Texas in November 2012 contains the following key information:
- Average and median sold home prices and average price per square foot fluctuated monthly from 2008 to 2012. Average days on market also varied each month.
- Unsold home inventory decreased from 2008 to 2012, with the lowest levels in October and November 2012.
- Homes placed under contract increased from January to March 2012 then declined through the rest of the year.
- In October 2012, the average home sold for $341,683 while the median was $274,708, indicating higher priced homes skewed the average upward.
Operations Management in the Supply Chain Decisions and Cases 7th Edition Sch...Dorianner
This document discusses a case study involving Lawn King, a manufacturer of lawn mowers facing seasonal demand. Management has just increased its demand forecast for the coming year, causing them to evaluate forecast accuracy and develop production strategies. Students are asked to develop a forecast, construct alternative monthly production plans using different strategies like level, chase or overtime, and recommend a strategy. Careful analysis and use of Excel is required to evaluate the options and tradeoffs involved in sales and operations planning for this seasonal business.
The document summarizes an industry luncheon presentation on the Australian economy and real estate market. It provides forecasts for interest rates, commodity prices, GDP growth, and consumer price inflation. Charts show trends in house prices, property completions and sales, household debt levels, and the exchange rate. Key challenges discussed include consumer confidence, funding availability, and market volatility.
December 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s December 2014’s Monthly Indicators report from the Greater Boston Association of Realtors®
2014 ends on a high note with single-family closed sales up in December. Strong buyer activity, lower inventory and low interest rates pushed prices up again on homes in December. While overall inventory of homes for sale is down in our area, there continue to be pockets across that are seeing increases. 2014 was a year of lower sales, lower interest rates, lower homes for sale and higher prices.
• December single-family home sales – UP 1.3% over last year
• December Single-family median prices were UP +3.8% at $519,000
• December condo sales DOWN -4.1% and median prices UP +4.7% at $440,000
• Inventory in December DOWN -12.2% to 1,700 and Condominiums Down -28.8% to 940
• SF listings added to the market in December UP +5.6% over last year. (418 from 396 in 2013)
• Condo listings added to the DOWN -1.4% over last year. (357 from 362 in 2013)
The document discusses several housing market metrics and trends. It provides graphs and data on pending home sales, mortgage rates, home prices, inventory levels, foreclosure rates and days to foreclosure. Resources with links to the underlying data sources are also included. The document aims to inform readers about the current state of the US housing market.
Real Estate Home Sales Market Report For The Woodlands TX | Oct. 2012 | Bette...Ken Brand
The document is a real estate sales report for The Woodlands, TX from September/October 2012. It includes data on homes sales, listing inventory, average and median sold prices, average price per square foot, average days on market, and months supply of inventory on a month-to-month basis from 2008 to 2012. The key information shows a decrease in the number of properties sold, average sold price, and median sold price in September 2012 compared to the previous month. The median price as a percentage of average price was 79.8%, suggesting home prices remained stable.
First Night Columbia is a New Year's Eve celebration taking place on December 31st in downtown Columbia with musical performances, magicians, art, and a fireworks show at midnight. Other events include an animated lighting display at Columbia College from December 28th through January 2nd. The Columbia Convention & Visitors Bureau provides a full calendar of local events, including comedy shows, basketball games, horse sales, and live music performances around town from December 28th-30th. Details are also provided about movies currently playing and activities for kids such as parks, an indoor recreation center, bowling alleys, and arts studios.
Determinan Faktor Sosial Dan Ekonomi Terhadap Kemiskinan PendudukAldi Nugroho
Tulisan ini membahas hubungan antara faktor sosial dan ekonomi dengan kemiskinan penduduk. Penelitian menggunakan data seri waktu selama 10 tahun untuk menganalisis hubungan antara pendidikan, pendapatan per kapita, inflasi, konsumsi, PDB regional, dan pertumbuhan ekonomi dengan kemiskinan. Hasilnya menunjukkan bahwa pendidikan berkorelasi positif dengan pendapatan dan menurunkan kemiskinan.
[ PHPFC V / DarkMiraTour ] - Controlando Php com arduino - Easy WayVinícius Feitosa
Este documento descreve como controlar um Arduino usando PHP. Explica que é possível enviar e receber dados de um Arduino conectado via porta USB usando funções PHP como fopen() e file_put_contents(). Fornece exemplos básicos de código PHP e Arduino para esta comunicação.
The vocational nature of teaching has been eroded by successive government initiatives according to Alex Alexandrou, chair of the international professional development association. In an 1869 lecture, John Ruskin argued that education is not a profitable business but a costly one that nations support to develop better citizens, not to earn a living, and that people learn not to make a living but to live better lives through learning. Ruskin said nations prosper through great arts, wisdoms, and practical knowledge, not through treating noble scholarship, philosophy, and art as commodities to be sold.
O documento fornece uma introdução abrangente sobre o Docker, descrevendo suas principais funcionalidades como imagens, containers, Dockerfile e comandos. Ele explica que o Docker é uma plataforma open source que facilita a criação de ambientes isolados utilizando containers leves baseados em imagens. Também descreve brevemente ferramentas como Docker Compose e Docker Machine para gerenciar múltiplos containers.
The document provides an overview of the housing market from January 2000 to March 2013. It includes statistics and charts on pending home sales, new home sales, inventory levels, home prices, mortgage rates, distressed sales, and predictions for 2013. Key points are that housing market fundamentals have strengthened in recent years, home prices are rising in most areas, and inventory remains low, suggesting further price increases. However, rates are expected to rise gradually which could slow price growth.
The document discusses the potential impacts of new mortgage regulations on the housing market. It suggests that regulations from Dodd-Frank and Basel III could reduce the number of mortgage loans by up to 20%, leading to 600,000 fewer home sales. Borrowers who do not meet the criteria for a qualified residential mortgage may have difficulty obtaining loans or pay higher interest rates. Overall, the new rules aim to make the mortgage market safer but may also constrain credit availability and drive up costs for some borrowers.
This document summarizes a real estate market update and forecast seminar presented by Joshua Wilton of Weichert Realtors in Princeton, NJ. The agenda included a history of the local real estate market showing an increase in unsold inventory since 2004, forecasts for a recovery in 2013 due to improved affordability and low interest rates, and strategies for buyers and sellers in the current competitive market with low inventory levels. Home prices were projected to rise 4-9% in 2013 with continued buyer demand and a tight supply of homes for sale.
This document summarizes a real estate market update and forecast seminar presented by Joshua Wilton of Weichert Realtors in Princeton, NJ in February 2013. The seminar reviewed historical housing market trends, the current state of the market, and forecasts for 2013. It analyzed inventory levels, sales, prices, affordability indexes, and other indicators to conclude that 2013 would be a better year for real estate than 2012 with modest price increases and rising sales due to low interest rates and improved affordability. Data on local and state housing permits and prices were also presented.
The document summarizes housing market trends in the United States. On average, 13,205 homes are sold daily and 9,640 mortgages are approved. Pending home sales and monthly inventory of homes for sale fluctuated between 2011 and 2012. Year-over-year home sales increased the most in the West region at 17.9% and appreciation was highest before 2000 and lowest during the 2006-2012 housing bust. Mortgage rates for 30-year fixed loans declined from over 5% in early 2011 to under 4% currently.
The document is a collection of slides from a presentation on the US housing market in July 2013. It includes data and forecasts from various surveys and analysts on topics like home price appreciation trends, mortgage rates, housing inventory levels, and home sales. Several slides provide projections that the housing recovery will continue in the coming years, supported by falling foreclosure rates and home price gains expected to outpace inflation.
1) The document discusses portfolio strategies for today's economy and financial markets. It provides an overview of BNY Mellon's leadership in various areas including wealth management and asset management.
2) Historical market returns are presented for various asset classes from 2012 and the past 10 years to provide a performance backdrop.
3) Economic indicators are analyzed showing signs of recovery in the US including improving employment, business and consumer confidence, and reduced household debt levels. Housing remains challenged.
4) Moderate US GDP growth is forecast while the Eurozone faces contracting manufacturing and uncertainty restraining global growth.
This document summarizes a CIO roundtable discussion on compensation trends. Key points include:
1) The US economy is growing slowly while unemployment is dropping. Stock prices have recovered close to 12-month highs. Unemployment rates remain higher in California and San Diego than nationally.
2) Hiring remains selective with turnover increasing, especially in San Diego. Salary budgets average 3.6-3.8% with life sciences slightly higher than technology.
3) Cash incentives focus on company and individual performance. Equity grants emphasize restricted stock and vest over 4 years. Technology companies provide more compensation than general industry, and Southern California exceeds the Bay Area.
This document summarizes a CIO roundtable discussion on compensation trends. Key points discussed include:
1) Economic indicators show sluggish growth but unemployment rates are dropping. Stock prices have recovered close to 12-month highs.
2) Hiring remains selective with turnover increasing, especially in San Diego. Salary increase budgets average 3.6-3.8% for life sciences and 3.0-3.3% for technology.
3) Cash incentives focus on both company and individual performance. Equity grants emphasize restricted stock and vest over 4 years. Technology companies provide higher compensation than general industry.
This document summarizes key points from a CIO roundtable discussion on compensation trends:
1) Economic growth remains sluggish while unemployment rates are dropping slightly. Stock prices have recovered close to 12-month highs.
2) Hiring in life sciences and technology is selective, though more companies expect to grow versus decrease workforce. Voluntary turnover is increasing, especially in San Diego.
3) Salary increase budgets in life sciences typically run ahead of technology, averaging 3.8% for life sciences and 3.3% for technology in San Diego.
4) Nearly all companies expect to pay bonuses in 2012 at similar or larger sizes than last year, with 64-76% of employees
This document summarizes key points from a CIO roundtable discussion on compensation trends:
1) Economic growth remains sluggish in the US while unemployment rates are dropping slightly. Hiring and turnover rates vary by region and industry with life sciences seeing higher salaries on average than technology.
2) Stock prices have recovered close to 12-month highs while certain industries like cloud computing and mobile are adding more jobs in Silicon Valley. Voluntary turnover is increasing, especially in San Diego.
3) Salary increase budgets remain steady with life sciences slightly ahead of technology. Cash incentives focus on both company and individual performance with top performers receiving larger bonuses.
4) Technology companies use more restricted stock for equity
E-Updates_Apr12—Indian & Global Economic IndicatorsEcofin Surge
Monthly statistical e-bulletin comprising about 30 tables and some charts with the latest available economic/financial market indicators, both Indian and Global.
Qatar National Bank's economic analysis predicts that Qatar's GDP growth will slow to 5% in 2013 from 14.9% in 2011 and 7.9% in 2012, as large liquefied natural gas projects are completed and the 2022 FIFA World Cup preparations ramp up. Inflation is expected to remain moderate at 2.4-3.1% in 2013-2014, while fiscal and current account surpluses will remain high due to high oil and gas revenues and exports.
The document summarizes information from various real estate markets in Australia and New Zealand from August 2012. It provides data on median home prices, sales volumes, rental rates, and buyer and seller motivations in Sydney, Melbourne, Brisbane, Auckland, and other regions. It also discusses recent commercial, industrial, and rural property transactions. Real estate auctions and innovative marketing strategies are highlighted through case studies.
Australia's Economy after Floods/EarthquakesFoodStrategy
The document discusses the economic impact of recent floods in Australia. It finds that while the global economy is strengthening, Australian growth will be negatively impacted in the short-term by the floods. The floods are expected to significantly damage GDP growth in the current quarter and push up inflation from rising food prices. However, the medium-term economic outlook for Australia remains positive, with strong business investment and rebuilding efforts expected to support domestic demand and growth.
Market neutral model daily model - equities vs. marketNadav Goldman
This document summarizes a market neutral equity strategy that aims to generate high returns with low volatility. It does this by going long 50 undervalued stocks and shorting the S&P 500 index. The strategy uses a quantitative model to select stocks and trades once per day with minimal exposure to timing or slippage risks. Historical performance data shows high returns every year with low volatility, zero correlation to stock indices, and a high percentage of positive months.
This is a presentation that I did for the local chapter of the American Society for Professional Estimators. The Exchange is definitely seeing signs for an improved economy-let's hope it continues.
The survey shows a decline in business sentiment over the past month. While conditions modestly improved in the past 30 days, the outlook for the next 60 days saw a significant drop. As a result, the index measuring business conditions fell sharply to its lowest level since July. The data indicate the perceived momentum of the recovery may be slowing.
This document compares the results of several national public opinion polls in Mexico from August 2009 to June 2012. It shows the number of people surveyed, margin of error, and results on how people get their news, their economic outlook, ratings of President Felipe Calderón, and party sympathies. The polls generally found television to be the main source of news. Economic expectations were most often that the situation would be the same or worse than the previous year. Ratings of Calderón were average around 6 on a 0-10 scale. The PRI and PAN were usually the parties with the most sympathizers.
Economic Outlook and International Markets (Miami, November 2012)Nar Res
The document provides an economic outlook and analysis of international markets from Lawrence Yun, Chief Economist at the National Association of Realtors. It includes the following key points:
1) Existing home sales in the US are recovering, with the best year in 5 years, though investors currently make up a larger share of the market than owner-occupants.
2) Housing demand is rising in Miami, though with fewer homes for sale, while home prices are increasing substantially in Miami and Phoenix.
3) The visible housing inventory in the US is at an 8-year low while new construction is at a 50-year low, indicating a shortage.
4) Most Miami realtors have worked
3. Pending Home Sales
105
100 = Historically Healthy Level
100
95
November 2011 – November 2012
90
85
November 2010 – November 2011
80
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
NAR 12/2012
4. Month’s Inventory of Homes for Sale
10.0
9.0
8.0
7.0
6.0 5-6 Months = Normal Market Inventory
5.0
4.0
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
NAR 12/2012
5. Mortgage Rates – 30 Year Fixed
5.25
5
4.75
4.5
4.25
4
3.75
3.5
3.25
1/01/2011 Today
Federal Reserve
7. Return on Investment
50 46.1
January 2000 – January 2013
30
18.3
10
0.5
-10
-30 -24.9
-50
Dow S&P NASDAQ Real Estate
MSN Money.com, Case Shiller
8. S&P Case-Shiller Home Price Indices
5.0%
Year-over-Year Change in Prices 4.3%
4.0% 3.6%
3.0%
2.0%
2.0%
1.1%
1.0% 0.6%
Jan Feb Mar Apr May
0.0%
Jun Jul Aug Sep Oct
-1.0% -0.5%
-2.0% -1.7%
-3.0% -2.5%
-4.0% -3.5%
-3.9%
-5.0%
S&P Case Shiller 12/2012
9. Projected % Change in Home Prices
Source 2013
JP Morgan 9.7%
Barclays 5.5%
Capital Economics 5%
Freddie Mac 2-3%
21. Joint Center for Housing Studies
Harvard University 2012
79% of those under
25 years old
% that Believe Owning
86%
is Financially Better
of those
than Renting
25-34
22. Gen X and Y
Price Rate P&I
Today 360,000 3.4 1,596.53
End of 1,858.62
Year 371,160 4.4
Monthly Savings $262.09
24. Move-Up Buyers Coming to Market
60%
50% 49%
Reasons Non-First Time
40%
Buyers Will Buy
30%
20% 17.5%
11.5%
8.6% 9.6%
10%
3.7%
0%
Significantly Same Size, Same Size, But Same Size, More Same Size, Significantly
Bigger Cross Town Nicer Affordable Cross Country Smaller
75.1% Some Form of Move-Up Buyer Redfin12/17/2012
26. The Move-Up Seller
Comparison Today Current Home Move-up Home
2006 Price $300,000 $450,000
Current Price (-20%) $240,000 $360,000
Loss/Savings $60,000 $90,000
Net Gain for
Move-Up Seller $30,000
27. Home Prices Next Year
In the recent Home Price Expectation Survey,
105 leading housing analysts called for a 3.1%
increase in home values by the end of 2013.
28. The Move-Up Seller
Comparison – 1 Year Later Current Home Move-up Home
Current Price $240,000 $360,000
Future Price (+3.1%) $247,440 $371,160
Future Gain $7,440 $11,160
Future Difference $3,720
Current Gain $30,000
Total Gain $33,720
29. Mortgage Rates Moving Forward
“After reaching record lows in 2012, mortgage rates are
expected to creep up slowly in 2013, the Mortgage Bankers
Association predicted.”
5
4.5
4.4
4
3.5
3
2.5 Projected
2
30 Year
Mortgage
1.5
Rate
1
0.5
0
2013 4Q
MarketWatch 10/24/2012
30. The Move-Up Seller
Price Rate P&I
Today 360,000 3.4 1,596.53
End of 1,858.62
Year 371,160 4.4
Monthly Savings $262.09
32. Home Prices in the Short Term
150.00
2010-11
2011-12
2012-13
145.00 PRO
JEC
TED
140.00
135.00
130.00
May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr
S&P Case Shiller 12/2012
33. Some States Still Have a Way to Go
“States with a non-judicial process witnessed a sharper
decline in home prices at the beginning of the downturn, but
are currently enjoying price appreciation. This is due to a
more disposition of delinquent supply, leaving lean
inventory in many markets…In contrast, states with a
judicial process, such as Florida, Illinois, and New York,
are still struggling to clear the pipeline of distressed loans.
As a result, home prices in the Chicago
and New York metro areas have
continued to edge lower.”
BofA Merrill Lynch's Michelle Meyer
36. Resources
Slide Slide Title Link
Pending Home Sales, Month’s Inventory of
2,3,4 http://www.realtor.org
Home Sales
5 Mortgage Rates http://www.freddiemac.com/pmms
http://www.standardandpoors.com/indices/articles/en/us/?articleType=PDF&assetID=124534560
6 S&P Case-Shiller Home Prices Indices
Average Annual Appreciation, Home Price
11,12,
Expectation Survey, Bulls vs. Bears,
13, 14, https://pulsenomics.com/Dec_2012_HPE_Survey.html
Cumulative Appreciation by Survey, Projected
15
% Change in Home Prices
http://economistsoutlook.blogs.realtor.org/2012/10/26/home-prices-projected-to-increase-by-3-percen
15 Projected % Change in Home Prices
, http://online.wsj.com/public/resources/documents/info-flash08.html?project=EFORECAST07
http://www.redfin.com/about/press/releases/more-homebuyers-confident-about-rising-home-prices
16 Urgency Being Felt by Buyers
18, 19, 43% are already Homeowners, 72% say
http://info.trulia.com/trulia-american-dream-survey-winter-2012
20 homeownership…, 93% that currently rent…,
% that Believe Owning is Financially Better
21 http://www.jchs.harvard.edu/sites/jchs.harvard.edu/files/w12-4_drew_herbert.pdf
than Renting
http://www.redfin.com/about/press/releases/more-homebuyers-confident-about-rising-home-prices
24 Move Up Buyers Coming to Market
KEEPINGCURRENTMATTERS.COM
37. Resources
Slide Slide Title Link
27 Home Prices Next Year https://www.pulsenomics.com/Sep_2012_HPE_Survey.html
29 Mortgage Rates Moving Forward http://www.marketwatch.com/story/mortgage-rates-will-rise-next-year-but-slowly-2012-10-24
http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?
32 Home Prices in the Short Term
indexId=spusa-cashpidff--p-us----
33 Some States Still Have a Way to Go http://www.businessinsider.com/michelle-meyer-foreclosure-process-home-prices-2012-12
http://www.marketwatch.com/story/how-long-a-foreclosure-takes-in-your-state-2012-12-03?
34 Days to Foreclosure
siteid=nwhreal
KEEPINGCURRENTMATTERS.COM