Taghousing market

TWiRP- December 3rd, 2016

Climate Change Could Swamp East Coast Real Estate Rising sea levels are changing the way people think about waterfront real estate. Over the past five years, home sales in flood-prone areas grew about 25 percent. This has made state lawmakers in Massachusetts and New Jersey to begin pushing to impose new rules on real estate agents and others, obligating them to disclose climate-related damage...

TWiRP – December 5, 2015

This week in rental property, mortgage rates slipped for the third straight week. While the Fed is signalling to raise interest rates later this month, the Wall Street Journal gave a talk on how the U.S. housing fundamentals will withstand the interest increase. The New York Times analyzed the trend in Chinese investments on U.S. housing market. Many economists have predicted the housing market...

TWiRP – October 31, 2015

This week in rental property, mortgage rates slipped to 3.76 percent with the Federal Reserve keeping its key short-term interest rate at a record low. Mortgage applications were down by 3.5% in September amid low fixed mortgage rates. Growing number of investors are shorting the Canada’s housing market. U.S. rental prices cooled in September but still rose above the inflation rate. Lastly...

TWiRP – September 12, 2015

This week in rental property, average mortgage rates inched up before next week’s Federal Reserve announcement. Wall Street Journal argues that the recovery of housing sector isn’t contributing much to overall US economic growth, while Bloomberg suggests a different point of view. NBC news reports big investors are buying more new homes for rental purposes. Based on Trulia’s...

TWiRP – August 29, 2015

This week in rental property, in a week marked by a stock market turmoil from Asia, average 30-year mortgage rates dropped to 3.84% from 3.93%. We take a close look at the Chinese stock market turmoil with an article from Economist. Consequently, Chinese investors are trying to protect their wealth by diversifying their assets by buying US real estate. Then, listen to domestic fundamentals on why...

This Week in Rental Property – July 18, 2015

This week in rental property, 30-year fixed mortgage rates rose to 4.09 percent. With home prices rising back to its pre-recession state, limits on jumbo mortgages for single-family residence may be raised for the first time in a decade. Forbes conducted a talk on how the SCOTUS ruling on same-sex marriage will affect the housing market. Though it was released in May, we thought it was worthwhile...

Builder Confidence Stable in Housing Market

Uncertainties in the market are not causing issue with builder confidence, but also, not increasing it, the National Association of Home Builders’ (NAHB) index reveals. This same market uncertainty has been creating tensions with both builders and buyers for some time now, but recently has remained roughly the same. As of last month, the trend was downwardly revised at a level of 54.

Property Manager Evening Reads

Some evening reads to keep property managers and property investors in the know on what’s shakin’ in the world of income property. As tenants go virtual so must property managers and landlords; take a look at the future offices of property managers. Check out the debate in New York State regarding a potential cap on property taxes As predicted, now is a GREAT time to invest in rental...

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