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Texas’ housing sector remains in the doldrums following demand spikes in 2009 and 2010 aided by the homebuyer tax …-credit program. When the federal government first offered the incentive in mid-2008, Texas home sales and construction were in a …-falling home values—a condition felt more profoundly at the national level than in Texas. …
Persistent link: https://www.econbiz.de/10009292954
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724937
Remarks by President Dudley at the Brooklyn Chamber of Commerce Brooklyn Borough Hall, Brooklyn, New York.
Persistent link: https://www.econbiz.de/10010725028
We construct measures of the annual cost of single-family housing for 46 metropolitan areas in the United States over the last 25 years and compare them with local rents and incomes as a way of judging the level of housing prices. Conventional metrics like the growth rate of house prices, the...
Persistent link: https://www.econbiz.de/10005420629
Remarks by President Dudley at the Brooklyn Chamber of Commerce Brooklyn Borough Hall, Brooklyn, New York.
Persistent link: https://www.econbiz.de/10009146830
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10008679729
Much of the nation has experienced steep declines in housing prices in recent years. In Manhattan, however, apartment sales prices did not fall as sharply. A study of price-rent ratios in the New York City borough concludes that, while apartment rents are driven by supply and demand forces,...
Persistent link: https://www.econbiz.de/10011026805
We use the dynamic Gordon-growth model to decompose the rent-price ratio for owner-occupied housing in the U.S., four Census regions, and twenty-three metropolitan areas into three components: The expected present value of real rental growth, real interest rates, and future housing premia. We...
Persistent link: https://www.econbiz.de/10005393771
As the Low Income Housing Tax Credit 15-year compliance period begins to expire on affordable housing projects across the country, the Wyndham Financial Group’s William S. Hettinger examines how organizations are addressing this issue and offers strategies for success.
Persistent link: https://www.econbiz.de/10005368012
Persistent link: https://www.econbiz.de/10010726092