NAR Survey: More People Feel Positive About Buying, Selling

 

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “    I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS  Call me if you want to sell your property and  need an estimated value.  Direct : 602-759-1209, Prefer cell: 520-975-5207 or email me walterunger@ccim.net.    A  CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS .  

 

September 23, 2019

Low mortgage rates are fueling more favorable opinions on home buying. Nearly two-thirds of Americans—or 63%—believe now is a good time to buy a home, shows the National Association of REALTORS®’ newly released Housing Opportunities and Market Experience Survey, reflecting more than 2,700 consumer responses from the third quarter. Thirty-four percent in the third quarter said they “strongly” believe now is a good time to buy, which is down slightly from the previous quarter.

NAR’s Chief Economist Lawrence Yun offers a cautionary response to the favorable findings.

“The fact that slightly fewer are expressing strong intensity compared to recent prior quarters is implying some would-be buyers have concerns about the direction of the economy,” Yun says. Fewer of the respondents—52%—believe the U.S. economy is improving. Millennials tended to be the most pessimistic about the direction over the economy.

Still, mortgage rates are at historically low levels, “so I see no sign of the optimism about home buying fading,” Yun adds.

Older consumers with higher incomes tended to be the most optimistic over the prospects of homebuying. The silent generation (those born between 1925 and 1945) were the most upbeat about buying at 75%, followed closely by older baby boomers (those born between 1946 and 1954) at 72%, the study showed. Further, 72% of consumers with incomes of $100,000 felt now is a good time to buy compared to 54% of consumers with incomes under $50,000.

“Not surprisingly, as incomes increase, the process of buying a home is less of a strain,” Yun says. “This has always been the case, but in this third-quarter survey, we see it to an even greater extent—high earners are more open to buying a home.”

Consumers shared optimism with the prospect of selling a home, too. Seventy-four percent of respondents said that now is a good time to sell a home, which marks a slight increase from 73% in the last quarter. Broken down further, 45% said they “strongly” believe now is a good time to sell a home, while the remaining 29% said they “moderately” held that belief.

Consumers living in the West were the most likely to say now is a good time to sell at 81%. The Northeast was the least optimistic about selling, but 67% still said now is a good time to sell in the region.

Consumers in the higher wage brackets were the most likely to say now is a good time to sell. Eighty-two percent of respondents who earn more than $100,000 said it’s a good time to sell, compared to 64% who earn less than $50,000.

Low mortgage rates are fueling more favorable opinions on home buying. Nearly two-thirds of Americans—or 63%—believe now is a good time to buy a home, shows the National Association of REALTORS®’ newly released Housing Opportunities and Market Experience Survey, reflecting more than 2,700 consumer responses from the third quarter. Thirty-four percent in the third quarter said they “strongly” believe now is a good time to buy, which is down slightly from the previous quarter.

NAR’s Chief Economist Lawrence Yun offers a cautionary response to the favorable findings.

“The fact that slightly fewer are expressing strong intensity compared to recent prior quarters is implying some would-be buyers have concerns about the direction of the economy,” Yun says. Fewer of the respondents—52%—believe the U.S. economy is improving. Millennials tended to be the most pessimistic about the direction over the economy.

Still, mortgage rates are at historically low levels, “so I see no sign of the optimism about home buying fading,” Yun adds.

Older consumers with higher incomes tended to be the most optimistic over the prospects of homebuying. The silent generation (those born between 1925 and 1945) were the most upbeat about buying at 75%, followed closely by older baby boomers (those born between 1946 and 1954) at 72%, the study showed. Further, 72% of consumers with incomes of $100,000 felt now is a good time to buy compared to 54% of consumers with incomes under $50,000.

“Not surprisingly, as incomes increase, the process of buying a home is less of a strain,” Yun says. “This has always been the case, but in this third-quarter survey, we see it to an even greater extent—high earners are more open to buying a home.”

Consumers shared optimism with the prospect of selling a home, too. Seventy-four percent of respondents said that now is a good time to sell a home, which marks a slight increase from 73% in the last quarter. Broken down further, 45% said they “strongly” believe now is a good time to sell a home, while the remaining 29% said they “moderately” held that belief.

Consumers living in the West were the most likely to say now is a good time to sell at 81%. The Northeast was the least optimistic about selling, but 67% still said now is a good time to sell in the region.

Consumers in the higher wage brackets were the most likely to say now is a good time to sell. Eighty-two percent of respondents who earn more than $100,000 said it’s a good time to sell, compared to 64% who earn less than $50,000.

SEE IT ALL WITH GRAPHS:   https://magazine.realtor/daily-news/2019/09/23/nar-survey-more-people-feel-positive-about-buying-selling?AdobeAnalytics=ed_rid%3D3834981%26om_mid%3D1400%7CRealtorMagNews_2019_09_23%26om_nytpe%3DREALTOR%20MAG%20NEWS

FROM ME:                                                                      

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial en.wikipedia.org/wiki/CCIM    I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS     PLEASE CALL ME –  Direct : 602-759-1209 , cell: 520-975-5207 or email me walterunger@ccim.net

Commercial Real Estate News That Matters – GREATER PHOENIX APARTMENT OWNER’S NEWSLETTER 2nd QTR 2019 –  Kasten Long Commercial Group –

 

WEEKLY LAND SALES

“The major fortunes in America have been made in land.”   John D. Rockefeller

WEEKLY LAND CLOSING UPDATE THROUGH SEPTEMBER 20, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH SEPTEMBER 13, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH SEPTEMBER 6, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH August 30, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH August 23, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH August 16, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH August 9, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH August 2 / Phoenix Arizona Metro, Maricopa County, Pinal County.

I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS

WEEKLY INDUSTRIAL SALES:

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH September 20, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH September 13, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH September 6, 2019 / Phoenix Arizona Metro,

Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH August 30, 2019 / Phoenix Arizona Metro,

Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH August 23, 2019 / Phoenix Arizona Metro,

Maricopa County, Pinal County

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH August 16, 2019 / Phoenix Arizona Metro,

Maricopa County, Pinal County

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH August 9, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE / THROUGH August 2, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS

WEEKLY APARTMENT SALES

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 20, 2019, Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 13, 2019, Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 6, 2019, Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 30, 2019, Phoenix Arizona Metro

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 23, 2019, Phoenix Arizona Metro

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 16, 2019, Phoenix Arizona Metro

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 9, 2019, Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 2, 2019, Phoenix Arizona Metro.

 

I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS

CLICK HERE FOR APARTMENTS FOR SALE:

Commercial Real Estate News That Matters – GREATER PHOENIX APARTMENT OWNER’S NEWSLETTER 2nd QTR 2019 –  Kasten Long Commercial Group –

 

 

 

Walter Unger CCIM

Senior Associate Broker

Kasten Long Commercial Group

5110 N 40th Street, Suite 110

Phoenix , AZ 85018

CELL: 520-975-5207

Direct: 602-759-1209

Office: 602-445-4112

Fax:       602-865-7461

walterunger@ccim.net

CLICK HERE TO VIEW ALL MY LISTINGS

www.Walter-Unger.com

www.KLCommercialGroup.com

What is a CCIM.

 

 

 “You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “  ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR  LAND  in Phoenix, Maricopa County and Pinal County, Arizona, please call me.  Office: 602-445-4113,  Direct : 602-759-1209 , cell: 520-975-5207 or email me walterunger@ccim.net.  … CLICK HERE TO VIEW ALL MY LISTINGS.

 Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE     

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

 

8 Reasons You Should Invest in Land

History of Arizona from  900 BC – 2017 -Timeline.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

ARIZONA FACTS – YEAR 1848 TO 2013

VIEW ALL OF WALTERS LISTINGS

What is a CCIM.

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

Click here to View My Listings and Profile

Click here to find out what is a CCIM:

Click here to view my website:

Click her to join my mailing list :      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

2016 Official Arizona Visitors Guide

Visit Arizona

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Senior Associate Broker

Kasten Long Commercial Group

5110 N 40th Street, Suite 110

Phoenix , AZ 85018

Direct: 602-759-1209

CELL: 520-975-5207

Office: 602-445-4112

Fax:       602-865-7461

walterunger@ccim.net

CLICK HERE TO VIEW ALL MY LISTINGS

www.Walter-Unger.com

www.KLCommercialGroup.com

What is a CCIM.

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “   

Please check maps if your Land or Commercial Property is in the Opportunity Zone, IF SO CONTACT ME / THIS IS FOR SELLER’S AND BUYER’S.

ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR  LAND  in Phoenix, Maricopa County and Pinal County, Arizona, please call me.

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Direct : 602-759-1209,  Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

 

Check out my professional profile and connect with me on LinkedIn.

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 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me.

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