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U.S, Housing Market

Table of Contents

Section I 3

Description of the product 3

Description of the company 3

Overview of the current state of the industry (market structure, competition) 3

Section II 4

Section III 5

1-year Indicator Trend Charts 5

12 Month Percent Change in All Indicators 8

Annual, 20-year Indicator Trend Charts 9

Macro to Micro Correlation Chart, Change Indexed to June 2007 12

Section IV 12

Section V 13

References 16

Appendix I: HHI Data and Calculation 17

Appendix II: Explanation of Statistical data from U.S. Census documentation: 17

Appendix III: Data on Centex Home Builder: 18

Appendix IV: Raw Data for Indicators Charted 20

Section I

Description of the product

One of life’s basic necessities is housing. Lack of housing is detrimental to one’s well-being. It can pose a major barrier on one’s employment, and threatens one’s physical, emotional and psychological health. This is one of the reasons why the housing market plays such a vital role in our economy.

Housing can take many shapes and forms. Single-family homes, duplexes, condominiums and apartments are some of the most common types of housing. Housing can be as basic as simply providing shelter designed for human habitation or as luxurious as providing a superb lifestyle beyond one’s imagination.

New single-family homes are considered to be one of the most desirable types of housing, simply because many of them can be custom-built and every feature of the home is brand new. Moreover, many new homes are built on pristine properties such as golf and resort communities, creating a superb lifestyle for those that can afford this luxury. This paper specifically discusses the current and future level of demand for new single-family housing by first focusing on the indicators that tie to the demand at the national level and then refining its scope by focusing on the demand at the County of Alameda level.

Description of the company...