Price Bubble Metrics for Single-Family Housing

2019 ◽  
Keyword(s):  
Metropolitan Areas ◽  
Puget Sound ◽  
Future Price ◽  
Single Family ◽  
Price Bubble ◽  
Mortgage Payment ◽  
Income Ratio ◽  
Family Housing ◽  
Southern Florida ◽  
Multiple Metrics

Home-price indexes for several metropolitan areas show real prices well above their pre-Great Recession level. Further, CoreLogic’s Market Conditions Indicator has identified more than one-third of metropolitan areas as possibly overvalued, the highest share in a rising price environment since 2003 and raising concerns of an upcoming national valuation bubble. This article presents four indicators to monitor overvaluation tendencies for metropolitan areas: price-to-income ratio, price-to-rent ratio, mortgage payment-to-rent ratio, and home flipping activity. The first three metrics measure overvaluation, while the fourth measures speculative fervor. Taken together, if multiple metrics indicate overvaluation, coupled with a surge in speculative investment, then there is a greater risk of a future price decline. These metrics indicate that there is little risk of a national price bubble in 2018, but parts of southern California, southern Florida, and the Puget Sound area do have heightened overvaluation risk.

Electric End-Use Energy Efficiency Potential in the U.S. Single-Family Housing Stock

2017 ◽  
Author(s):  
Eric Wilson ◽  
Craig Christensen ◽  
Scott Horowitz ◽  
Joseph Robertson ◽  
Jeff Maguire
Keyword(s):  
Energy Efficiency ◽  
Housing Stock ◽  
Single Family ◽  
Family Housing ◽  
End Use ◽  
Energy Efficiency Potential ◽  
The U.S

scholarly journals Relationship between Land Use Mix and Walking Choice in High-Density Cities: A Review of Walking in Seoul, South Korea

2021 ◽  
Vol 13 (2) ◽  
pp. 810
Author(s):  
Eun Yeong Seong ◽  
Nam Hwi Lee ◽  
Chang Gyu Choi
Keyword(s):  
Land Use ◽  
Neighborhood Environment ◽  
Single Family ◽  
Housing Type ◽  
General Belief ◽  
Factors Affecting ◽  
Land Use Mix ◽  
Family Housing ◽  
Mixed Land Use ◽  
Major Factors

This study confirmed the general belief of urban planners that mixed land use promotes walking in Seoul, a metropolis in East Asia, by analyzing the effect of mixed land use on the travel mode choice of housewives and unemployed people who make non-commuting trips on weekdays. Using binomial logistic regression of commuting data, it was found that the more mixed a neighborhood environment’s uses are, the more the pedestrians prefer to walk rather than drive. The nonlinear relationship between the land use mix index and the choice to walk was also confirmed. Although mixed land use in neighborhoods increased the probability of residents choosing walking over using cars, when the degree of complexity increased above a certain level, the opposite effect was observed. As the density of commercial areas increased, the probability of selecting walking increased. In addition to locational characteristics, income and housing type were also major factors affecting the choice to walk; i.e., when the residents’ neighborhood environment was controlled for higher income and living in an apartment rather than multi-family or single-family housing, they were more likely to choose driving over walking.

Do Higher Land Costs for New Single-Family Housing Inhibit Economic Activity in U.S. Metropolitan Areas?

2021 ◽  
pp. 089124242110061
Author(s):  
Robert W. Wassmer
Keyword(s):  
Land Use ◽  
Economic Activity ◽  
Metropolitan Areas ◽  
Single Family ◽  
Best Interest ◽  
Residential Land ◽  
Land Use Regulations ◽  
Panel Data Regression ◽  
Data Regression ◽  
Residential Land Use

The price of a new home is greater if the land to put it on costs more. In many U.S. metropolitan areas, this generates the widely acknowledged equity concern that low- to moderate-income households spend disproportionately on housing. But high residential land prices translating into high single-family home prices may also generate the efficiency concern of discouraging new workers’ entry into such areas or encouraging existing workers’ exit. The result could be a decrease in economic activity. This research offers panel-data regression evidence in support of the existence of this adverse outcome. Perhaps these findings can raise the saliency of the needed state or federal government intervention to curtail the stringency of local residential land-use regulations. NIMBYs see these land-use regulations as in their jurisdiction’s best interest, but as demonstrated here, such restrictions impose additional metro-wide economic concerns.

scholarly journals Dation In Payment Of The Mortgaged Homestead

2011 ◽  
Vol 15 (5) ◽  
pp. 101-104
Author(s):  
Pilar Dominguez-Martinez
Keyword(s):  
Economic Crisis ◽  
Current Economic Crisis ◽  
Mortgage Crisis ◽  
The Family ◽  
Mortgage Payment ◽  
Family Housing ◽  
Housing Needs ◽  
And Control ◽  
Marital Crisis

The indebtedness of Spanish households coupled with a marital crisis, requires finding solutions to combine the protection of family interests, mainly of children, housing needs of society and the satisfaction of the creditor's right to credit mortgage crisis when the family faces the mortgage payment that affects the family housing. Also, new laws on regional express recognition of the custody and control of the destiny of the family housing in cases of divorce and separation through formulas such as the sale of the house, let consider the use of dation in payment of the family housing as a way to avoid foreclosure in cases of marital crisis in the context of current economic crisis.

scholarly journals Patterns Of Residential Clusters In Single-Family Housing In The Iraqi City

2007 ◽  
Vol 15 (4) ◽  
pp. 43-61
Author(s):  
MAZIN JABER OMER ◽  
Dr. MUDHAFFAR ALJABIRI
Keyword(s):  
Single Family ◽  
Family Housing

scholarly journals Light pollution in the night sky of Toruń in the summer season

2019 ◽  
Vol 17 (1) ◽  
pp. 91-100 ◽  
Author(s):  
Dominika Karpińska ◽  
Mieczysław Kunz
Keyword(s):  
Land Cover ◽  
Land Development ◽  
Summer Season ◽  
City Centre ◽  
Light Pollution ◽  
Single Family ◽  
Family Housing ◽  
Sky Brightness ◽  
Night Sky ◽  
The City

Abstract The paper presents results of research on light pollution in the night sky of Toruń. A permanent network of measuring stations has been established in the city, consisting of 24 sites representing various types of land development and land cover: single-family housing, city centre, multi-family housing, areas overgrown with vegetation and open areas. Within this network, a repeatable direct measurement of the sky brightness using an SQM photometer was carried out over a period of three consecutive months in the summer season, i.e. from June to September 2017. The measurement sessions were conducted in similar weather and astronomical conditions. Based on the obtained data, a spatial distribution of light pollution was determined, ranges of values obtained during the measurements were provided, and the results were additionally referred to the distinguished land cover categories and land development types.

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