By: Pierre G. Villere As the real estate market collapsed in the fall of 2008, when the financial crisis pushed us over the edge into the Great Recession, a quiet but interesting phenomenon started occurring within a couple of years in the largest markets around the country.
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Home Shoppers Are Increasingly Active
By: Pierre G. Villere Last month, I wrote about the lack of impact that Millennials are having on the housing market, one of the reasons that new home starts have not returned to even their annual historical averages dating back to 1961. But the National Association of Home Builders recently published some research that is very telling about the current…
Read MoreMillennials Are Still on the Housing Sidelines
By: Pierre G. Villere After years of expectations that the housing market would come back to at least its average historical levels of annual starts, The Wall Street Journal recently conducted research that indicates the U.S. housing market is still waiting for a buying surge from the Millennial generation that entered the workforce during the recession, and some of the…
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