RISMedia's Real Estate Magazine

MAR 2019

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

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Real Estate by the Numbers 16 March 2019 RISMedia's REAL ESTATE 14 The number of metro areas that experienced double-digit increases in single-family home sale price gains in the fourth quarter of 2018, down from 18 in the third quarter. Source: National Association of REALTORS® 20,000 The number of businesses and homes razed in the California Camp and Woolsey Fires that broke out in November, resulting in the loss of the entire town of Paradise. According to data from CoreLogic, the fires, combined with catastrophic flooding from Hurricanes Florence and Michael, made 2018 one of the costliest for disaster-related losses. 80% The percentage of Gen Z who wants to own a home before they turn 30. Representing those born after 1996, this post-millennial generation makes up about 32 percent of the population, and is on target to become the largest source of homebuyers in the U.S. Source: realtor.com® 4 The percentage point increase from December to January in the Fannie Mae Home Purchase Senti - ment Index® (HPSI), a gauge of housing market optimism. According to the HPSI, the number of Americans who believed it was "a good time to buy a home" rose to 15 percent from 11 percent month- over-month, thanks to a slowdown in home-price acceleration triggering more confidence in affordability. $61,000 The amount the average home- owner pocketed at resale in 2018— $11,000 more than 2017, and $21,500 more than 2016. Source: ATTOM Data Solutions

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