Real Estate Investor Data Sources

by Tim Herriage

Real Estate Investor Data Sources

by Tim Herriage

by Tim Herriage

I am a big fan of the Texas A&M University Real Estate Center.  If you are not subscribed to the RECON newsletter, I highly recommend it!

They have a blog:

Consumer Attitude Toward Housing Brightens

Posted on March 7, 2012 by Mark Dotzour

Every month Fannie Mae surveys American consumers about their attitudes toward housing. Responses in the January survey showed nascent glimmerings of hope for the single-family housing market.

Glimmer One

Americans expect home prices to increase 1 percent in the next 12 months. This is a huge turnaround. For most of last summer, Americans expected home prices to continue to fall.

51 percent thought home prices would stay the same.

28 percent thought prices would increase.

Just 16 percent thought prices will fall.

Glimmer Two

A huge majority of Americans report now is a good time to buy a house. This is why investor demand for single-family houses is so strong. People perceive that houses can be bought at a very attractive price. Conversely, sellers have the same perception. They aren’t so enthusiastic about the prospects of selling right now.

Transaction volume is likely to stay muted until people feel that now is a good time to sell as well as to buy. Until this changes, current owners are likely to stay where they are and postpone the next move up.

71 percent think now is a good time to buy a house.

10 percent think now is a good time to sell a house.

Glimmer Three

Americans expect rental rates to increase 3.2 percent in the next year. This is about the same as last year. As rental rates continue to increase each year, the urge to buy a house to avoid future rent hikes will increase.

Glimmer Four

Fully 64 percent of American consumers said that if they were going to move, they would buy a house. Only 30 said they would rent. The other 6 percent must be planning on camping or moving back home with their parents.

Fannie Mae conducted the survey from Jan. 9 to Jan. 27.

Keep up with the latest Texas real estate news. The Center has several RSS feeds designed to help you make better real estate decisions.

via the Blog of the Real Estate Center | Real Estate Center at Texas A&M University.

News from Rowlett:

American Realty Capital picks up Rowlett shopping center for $22M

Dallas Business Journal by Candace Carlisle, Staff Writer

Date: Monday, March 12, 2012, 2:51pm CDT

Related: Commercial Real Estate

Related News

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Lowered property value leads to court fight

Candace Carlisle

Staff Writer – Dallas Business Journal

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New York-based American Realty Capital-Retail    Centers of America, Inc. — a publicly registered, non-traded real estate investment program — plans to acquire Liberty Crossing Shopping Center for $22.2 million.

The 105,861-square-foot shopping center in Rowlett is 95 percent leased.

Liberty Crossing has 16 tenants, such as Ross Stores    , PetSmart    , and Dollar Tree    . The three tenants have long-term leases and represent about 40 percent of the net operating income from the property.

The company’s stockholders can expect distributions, as a result of the acquisition, about 30 days after the acquisition is final, officials said.

via American Realty Capital picks up Rowlett shopping center for $22M – Dallas Business Journal.

I hope you enjoy their site!

 

Tim

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