This week in rental property, mortgage rates fell below 4% after the Federal Reserve signaled to increase interest rates this year. CNBC cited the expected effects of the Fed’s rate hike. Once again, U.S. home rental prices rose in June with the homeownership rate down to the lowest level in 48 years. According to a study, Airbnb is making even harder to find apartments in New York City...
Harvard recently published a study regarding housing the United States. Topics covered included housing markets, demographics, homeownership, the rental market, and housing challenges. What are some trends, opportunities, and challenges that were presented in the study, and what does this mean for owners, investors, and property managers? Housing Trends 01: Homeownership Down, Rentals Up...
This week in rental property, long term mortgage rate edged up to 4.02 percent. Home buyers and sellers heading into the busy summer season have been eyeing mortgage rates wondering how long the good times can last. According to a report release on Wednesday by Harvard University’s Joint Center for Housing Studies, more Americans are renting as homeownership falls for eight straight years...
This week in rental property, 30-year fixed mortgage rates has climbed over 4% for the first time this year. With this in mind, we take a look at the trend in homeownership rate written by the Wall Street Journal. Time.com says that renting a home is the norm for the new households. A study shows that renters who invest are better off buyers. Meanwhile, large West Coast cities offered the best...