More and more Americans are migrating back to urban areas after a decades long trend of settling in the suburbs. According to Census Data, 2.3 million more people moved into one of the country’s 381 metropolitan areas in 2013 than during the previous year. As jobs and economic activity continue to grow faster in urban […]
When you think about investing in a rental property do you dream of wide open spaces, big red barns, and calling the cattle home? Investing in a rural property or tract of land might be the right choice for some investors, but there are pros and cons about purchasing property somewhere with more trees than […]
Love them or hate them, the Suburbs are an integral part to the American housing market, and despite the surge in urban living that accompanied the housing recovery, suburban sprawl and the dream of single-family living is far from extinct. If you’re considering the purchase of a single-family rental in a suburban market, here are […]
Are you the right kind of landlord for a real estate investment in a college town? You’ll need more than school spirit to profitably house college students, but investing in a college town may be a perfect choice for the active landlord who can handle a certain amount of wear and tear due to youthful […]
Do you have questions about rental investing? Check out this post for some common questions a real estate investor who is interested in rental properties would be interested in exploring before diving into this article. It’s easier than ever to post rental listings online. But writing an effective rental ad is harder than you think. I’m currently in […]
Rental markets will stay strong While first time home ownership will rise in 2015, thanks to households headed by 30-somethings bankrolled by greater job security and rising confidence in the housing market, younger Millennials leaving college dorms and their parent’s homes will keep the rental market robust. Americans in their 20s strongly prefer to rent […]
What features do Americans consider when it comes to describing preferable homes? IKEA thought it best to ask this of 4,000 Americans, between ages 25-54 with an income of $35k, to discover what they described as good homes based on their living habits. It is vital to know what people look for in prospective homes […]
The housing market is still struggling to gain a good pace. That’s a nice way of saying the market is still doing poorly. And as another sign of the bad conditions, mortgage rates have reached historic lows.
15-year fixed-rate mortgages averaged 3.13% last week, a new record low. And the average rate on a 30-year fixed-rate mortgage fell to 3.88%, less than 1% from the record low.
The low rates are a reaction to the decreased demand of homes. Depressed prices, high rents, and low mortgages are all incentives for borrowers to purchase homes.
The record rates make housing more affordable than ever. Yet home prices continue to stay low. So why aren’t more people buying?
Yesterday, a mortgage settlement was announced between Federal and State Governments and 5 major banks. The deal will require lenders to write down the mortgages of certain borrowers who are underwater. Homeowners who owe more than their homes are worth will see a reduction in the principal amount. The hope is this will curb the number of foreclosures and house prices will start increasing again.
The reality is that this deal has great points but a lot of shortcomings.
In the wake of the 2008 Financial/Housing Crisis, the real estate industry was dealt a series of direct blows (as could be expected), and indirect effects continue to exacerbate the pummeling; at ground zero the dust has not settled, but what can be deciphered is a re-assignment of equity and the subsequent paradigm shift within […]
Recently, our congress successfully passed new legislation, courageously recomposing century-old U.S. financial rules. It seems our buddies in D.C. have acquired great economic know-how, unseating 80 years of financial thought in a single, 24-hour session. The method of attack dealt with added regulation in derivative trading, and more specifically – Credit Default Swaps. Today, I will explain CDS’s, their influence on U.S. real estate, and how this new legislation will drastically affect everyone from the mighty real estate investor to the common renter. So, get involved and find out how this revolution to financial rules will affect both your personal and professional world
Be you a seller, landlord, manager, tenant, or investor, it’s a looming thought: “when will the real estate market pick up? Though your reasons to pursue the answer may differ, it is, regardless, a common theme. So, our aim today is to help you grasp the fundamental economics behind the United States real estate market, while displaying the importance of the information to you.
Firstly, let me emphasize that our current economic situation is atypical to anything that most of us have lived through, so it is important to look outside the realm of stock prices when gauging what will happen to the real estate market. Next, it’s important for you to understand real estate’s place in the economy in order to form your future life or business strategies. Let’s get started.