Showing posts with label rising trend of California single family construction. Show all posts
Showing posts with label rising trend of California single family construction. Show all posts

Friday, June 5, 2015

Articles you should read- do you overestimate your home’s value? Rising trend in Cali construction

A new statistical study, published in the journal of Housing Economics, found that homeowners on average overestimate the value of their properties by about 8%. 

Why homeowners often overestimate their home market’s value
 
Single family residential (SFR) starts for the six-month phase ending April 2015 rose 11% over one year earlier, compared to the 17% rise in Multi-family construction. This reflects a higher demand for multi-family rentals compared to new SFRs. A very insightful article with predictions on the future of California home and multi-family construction.

The rising trend in California construction starts