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Phoenix. Median home price: $450,000 Median home price change (year-over-year): +2.4% Average time on the market: 51 days Interestingly, home prices are actually up in Phoenix, Arizona.
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
Wood framing is widely used in home construction in the United States, accounting for 90% of new houses in 2019. [11] Concrete is used to build a foundation, usually with either a crawl space, or basement included. Interiors usually have drywall. Roofing often consists of asphalt shingles, although steel, and tile materials are also used. [12]
Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts ...
Michael Jordan's Chicago Mansion Sells for $9.5 Million After 12 Years on Market The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Advertisement
Heitman LLC (Heitman) is an American real estate investment firm headquartered in Chicago. It has three main business areas, private equity real estate, real estate debt and investment in real estate securities such as Real estate investment trusts (REITs). Outside the United States, the firm has offices in Europe and Asia-Pacific.
Harrison Street Real Estate Capital, which uses the trade name Harrison Street, is a real estate investment firm headquartered in Chicago, Illinois. The firm is currently the alternative real assets arm of Colliers International. In 2024, Harrison Street ranks as one of the top five owners in senior housing in the U.S. [2]
In Australia, the Housing Industry Association publishes a Housing Affordability Index, [5] which is a "'purchase affordability' metric which is most representative of an individual owner occupier purchasing a home with a mortgage, although it is also indicative of conditions for others transacting in the housing market."