Home Equity Gains Can Depend on Right Time, Right Place
October 19, 2023
Timing the real estate market is crucial to building home equity and the resulting wealth.
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Thom holds the position of professional, economist in the Office of the Chief Economist at CoreLogic. He is responsible for analyzing housing markets and home price trends. He has an extensive background in urban and real estate economics and applied econometrics.
Before joining CoreLogic, he held positions at the University of Virginia, Georgia Tech, and Harvard University. He earned his bachelor’s degree in economics, statistics and history at the University of Auckland, his master’s degree in economics from Tufts University and his doctorate in urban planning and development from the University of Southern California.
Timing the real estate market is crucial to building home equity and the resulting wealth.
U.S. home price growth is proving resilient compared with trends in other countries.
Single-family home investors continued to be quite active in Q2, led by smaller investors.
Despite pandemic migration patterns, the nation’s priciest housing markets are still now very similar to rankings recorded in the spring of 2020.
U.S. residential real estate is worth more than all publicly listed companies, according to CoreLogic data, with most of that wealth concentrated in detached, single-family homes.
Mega-investors, iBuyers and home flippers are leaving the housing market in droves, but investor home purchases from smaller investors remains strong.