Investor Intelligence – The Housing Market Paradox

March 5th, 2012

Welcome to the latest edition of Investor Intelligence.buyingconditions

This week, we look at the latest reports from the housing market, changing attittudes about renting vs. buying, and a broad look at the multifamily market.

Your feedback is important. If there are any topics you would like us to cover please let us know.

Thank you for being part of the 37th Parallel family.

Kieran J. Donohue

Director, Communication and Education
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The paradox holding back the economy  Housing has not been this affordable in more than a decade, and interest rates are at historic lows. Yet, strict lending rules and a negative perception about home ownership are keeping the housing market in the doldrums.

Renting replaces owning as a wealth-building strategy  Given the article above, it is no surprise that attitude about renting is shifting, as more Americans see renting as a smarter move than home-ownership in order to build wealth.

Multifamily seeing strong performance across the board. Several “lesser known” markets are enjoying strong performance.  Plus we see continued reinforcement of Austin and Houston – two of our favorite markets. 

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