2003 Outlook
January 1, 2003 (All day)
Sept. 2002 Affordability |
Sept. 2002 Demand |
Sept. 2002 Supply |
Sept. 2002 Housing Cycle Barometer |
Sept. 2002 12-Month Job Growth |
Sept. 2002 Single-Family Permits as a % of Peak |
||
Excellent Outlook |
|||||||
Riverside-San Bernardino |
Good |
High |
Very Low |
3.8 |
2.7% |
68% |
|
Charlotte |
Excellent |
High |
High |
0.0 |
1.3% |
93% |
|
Jacksonville |
Excellent |
High |
High |
2.3 |
1.0% |
100% |
|
Good Outlook |
|||||||
Philadelphia |
Excellent |
Very Low |
Very Low |
2.3 |
(1.0%) |
69% |
|
Hartford |
Excellent |
Very Low |
Very Low |
1.7 |
(1.8%) |
41% |
|
Albuquerque |
Excellent |
Moderate |
High |
0.0 |
0.3% |
100% |
|
Nashville |
Excellent |
Moderate |
High |
0.0 |
0.3% |
96% |
|
San Antonio |
Excellent |
Moderate |
High |
1.1 |
0.2% |
100% |
|
Washington |
Excellent |
Low |
Moderate |
2.0 |
(0.5%) |
86% |
|
Las Vegas |
Good |
High |
High |
2.8 |
1.7% |
98% |
|
Milwaukee |
Good |
Moderate |
Moderate |
3.8 |
0.4% |
75% |
|
Cleveland |
Excellent |
Low |
High |
2.5 |
(0.6%) |
91% |
|
Cincinnati |
Excellent |
Low |
High |
0.6 |
(0.7%) |
93% |
|
Dallas |
Excellent |
Low |
High |
0.0 |
(0.4%) |
97% |
|
Columbus, Ohio |
Excellent |
Low |
High |
1.9 |
(0.3%) |
99% |
|
Indianapolis |
Excellent |
Low |
High |
0.0 |
(0.7%) |
92% |
|
Kansas City |
Excellent |
Low |
High |
1.9 |
(0.5%) |
95% |
|
Orlando |
Excellent |
Low |
High |
2.4 |
(0.4%) |
100% |
|
Moderate Outlook |
|||||||
Providence |
Moderate |
Moderate |
Very Low |
4.7 |
0.4% |
45% |
|
West Palm Beach |
Moderate |
Moderate |
Very Low |
5.0 |
0.9% |
68% |
|
Detroit |
Excellent |
Very Low |
Moderate |
2.3 |
(1.4%) |
83% |
|
Houston |
Good |
Moderate |
High |
3.7 |
0.0% |
100% |
|
San Diego |
Poor |
High |
Very Low |
6.8 |
1.8% |
53% |
|
Atlanta |
Excellent |
Very Low |
High |
1.6 |
(2.6%) |
100% |
|
St. Louis |
Excellent |
Very Low |
High |
0.5 |
(1.3%) |
92% |
|
Baltimore |
Moderate |
Low |
Very Low |
4.0 |
(0.6%) |
61% |
|
Los Angeles |
Moderate |
Low |
Very Low |
4.3 |
(0.7%) |
35% |
|
Oakland |
Moderate |
Low |
Very Low |
5.3 |
(0.5%) |
69% |
|
Charleston, S.C. |
Moderate |
High |
High |
5.2 |
1.3% |
100% |
|
Cautious Outlook |
|||||||
Salt Lake City |
Good |
Very Low |
Moderate |
2.7 |
(1.5%) |
79% |
|
Portland, Ore. |
Moderate |
Moderate |
High |
4.3 |
0.7% |
92% |
|
Miami |
Poor |
High |
Moderate |
6.0 |
1.4% |
76% |
|
Chicago |
Good |
Very Low |
High |
3.9 |
(1.5%) |
100% |
|
Phoenix |
Good |
Very Low |
High |
2.8 |
(1.1%) |
100% |
|
Fort Lauderdale |
Poor |
Low |
Very Low |
6.3 |
(0.7%) |
58% |
|
Orange County, Calif. |
Poor |
Low |
Very Low |
6.0 |
(0.2%) |
57% |
|
Sacramento |
Moderate |
Low |
High |
5.4 |
(0.3%) |
100% |
|
Minneapolis |
Moderate |
Low |
High |
4.6 |
(0.8%) |
95% |
|
Tampa |
Moderate |
Low |
High |
5.0 |
(0.5%) |
96% |
|
Denver |
Moderate |
Very Low |
Moderate |
5.2 |
(1.9%) |
83% |
|
Worried Outlook |
|||||||
New York |
Poor |
Very Low |
Very Low |
6.0 |
(2.1%) |
46% |
|
Boston |
Poor |
Very Low |
Very Low |
9.9 |
(1.6%) |
49% |
|
San Francisco |
Poor |
Very Low |
Very Low |
5.7 |
(3.4%) |
56% |
|
San Jose |
Poor |
Very Low |
Very Low |
5.5 |
(3.5%) |
37% |
|
Affordability - Based on our analysis of each market's history of housing costs (down payment + mortgage payments) compared with income |
|||||||
Demand - Based on current job and population growth |
|||||||
Supply - Based on current single-family supply levels compared with the market's historical supply levels |
|||||||
Reference Library
The iPad changed mobile computing forever, but is it the best tool for field and office...
In honor of Professional Builder's 75th anniversary, we profile pioneering figures, breakthrough...
Generating new-home sales revenue and reducing unnecessary costs are not all that complicated —...
To answer the demand for universal design, manufacturers continue to develop products for the...
Professional Builder’s House Review design team presents five plans that trim the fat and focus...
Buying concrete turnkey can add a level of confusion about what is being purchased and for how...




















