{"id":153,"date":"2018-04-10T00:40:38","date_gmt":"2018-04-10T00:40:38","guid":{"rendered":"http:\/\/renwre.info\/2018\/04\/10\/us-housing-market-still-in-buy-territory\/"},"modified":"2018-04-10T00:40:38","modified_gmt":"2018-04-10T00:40:38","slug":"us-housing-market-still-in-buy-territory","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=153","title":{"rendered":"US Housing Market Still In \u2018Buy Territory\u2019!"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" loading=\"lazy\" width=\"648\" height=\"354\" src=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/20172546\/20180409-Share-STM.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"US Housing Market Still In \u2018Buy Territory\u2019! | Simplifying The Market\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" srcset=\"http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/20172546\/20180409-Share-STM.jpg 750w, http:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2018\/03\/20172546\/20180409-Share-STM-549x300.jpg 549w\" sizes=\"(max-width: 648px) 100vw, 648px\"><\/p>\n<p>According to the\u00a0<em><a href=\"https:\/\/business.fau.edu\/departments\/finance\/real-estate-initiative\/bhj-buy-vs-rent-index\/bhj-summary\/\">Beracha, Hardin &#038; Johnson Buy vs. Rent (BH&#038;J) Index<\/a><\/em>, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.<span id=\"more-37242\"><\/span><\/p>\n<p>The\u00a0<em>BH&#038;J Inde<\/em>x\u00a0is a quarterly report that attempts to answer the question:<\/p>\n<h4><strong>In today\u2019s housing market, is it better to rent or buy a home?<\/strong><\/h4>\n<p>The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers\u00a0<em>\u201cmeasure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.\u201d\u00a0<\/em><\/p>\n<p>While 13 of the 23 metropolitan markets examined moved further into buy territory, markets like Dallas, Denver, and Houston are currently deep into rent territory. Due to a lack of inventory, the home prices in these areas have increased by <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2018\/03\/06\/dallas-area-home-prices-67-percent-january\">6.7%<\/a>,\u00a0<a href=\"https:\/\/www.cpr.org\/news\/story\/denver-home-prices-are-still-climbing-the-good-news-price-growth-is-slowing\">6.3%<\/a>, and\u00a0<a href=\"https:\/\/www.houstonchronicle.com\/business\/real-estate\/article\/Inventory-tightens-ahead-of-busy-Spring-12755913.php\">5.3%<\/a>\u00a0 respectively from a year ago.<\/p>\n<p>According to Eli Beracha, <em>Ph.D., Co-Creator<\/em> of the index, home prices will begin to return to more normal levels.<\/p>\n<blockquote>\n<p>\u201c<em>Our data indicates that prices are above their 40-year trend but not significantly so as they were in 2007. Rather than a crash, I anticipate slower growth in prices accompanied by longer marketing times for sellers and increasing inventories, which should bring prices back in conjunction with their 40-year trend<\/em>.\u201d<\/p>\n<\/blockquote>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>The majority of the country is strongly in buy territory. Buying a home makes sense socially and financially, as rents are predicted to increase substantially in the next year. Protect yourself from\u00a0<a href=\"https:\/\/www.simplifyingthemarket.com\/2017\/12\/19\/rents-are-on-the-rise-dont-get-caught-in-the-rental-trap\/?a=407209-0a9a783e881394b596f3c5746f5b9a77\">rising rents<\/a>\u00a0by locking in your housing cost with a mortgage payment now.<strong>\u00a0<\/strong><\/p>\n<p><strong>To Find Out More About the Study:\u00a0<\/strong>The BH&#038;J Index and other FAU real estate activities are sponsored by Investments Limited of Boca Raton. The BH&#038;J Index is published quarterly and is available online at\u00a0<a href=\"http:\/\/business.fau.edu\/buyvsrent\">http:\/\/business.fau.edu\/buyvsrent<\/a>.<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the\u00a0Beracha, Hardin &#038; Johnson Buy vs. Rent (BH&#038;J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The\u00a0BH&#038;J Index\u00a0is a quarterly <a class=\"more-link\" href=\"http:\/\/renwre.info\/?p=153\">Continue reading <span class=\"screen-reader-text\">  US Housing Market Still In \u2018Buy Territory\u2019!<\/span><span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/153"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=153"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/153\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=153"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}