Investors: Keep Your Eye on These 12 Housing Markets, Study Says

Investors: Keep Your Eye on These 12 Housing Markets, Study Says Whether you’re looking to buy or sell a home in 2019, it helps to know the landscape of the marketplace. In many housing markets, the trend of a low supply of homes available compared to the number of buyers has been driving prices up … Continue reading Investors: Keep Your Eye on These 12 Housing Markets, Study Says

Bill would offer $5,000 tax credit for some first-time home buyers

Law would focus on less-than-affluent buyers in poorer communities A bill aimed at attacking California’s affordable housing issues would offer a $5,000 tax break to first-time homebuyers who purchase a home in a distressed community. Assembly Bill 1590, introduced in February by Assemblywoman Blanca Rubio, D-Baldwin Park, focuses on low- and moderate-income households that are … Continue reading Bill would offer $5,000 tax credit for some first-time home buyers

Home sales slow as prices race to record highs

Home sales slow as prices race to record highs U.S. home sales fell unexpectedly in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to a record high. The report on Monday from the National Association of Realtors (NAR) added to last week's soft homebuilding … Continue reading Home sales slow as prices race to record highs

California’s Housing Market

These Tax Laws Are Holding Back California’s Housing Market The state’s efforts to save homeowners money are now keeping many of them locked in their homes — and potential buyers locked out. By Virginia Postrel ‎July‎ ‎15‎, ‎2018‎ ‎9‎:‎00‎ ‎AM Would you leave? Photographer: David Paul Morris/Bloomberg Forty years ago last month, Californians passed Proposition 13, … Continue reading California’s Housing Market

Nation’s hottest housing market could be headed for a crash

~ On the look out for the other indicators in the market, for sure ~ Nation's hottest housing market could be headed for a crash Seattle-area real estate agent Jerry Martin said he first entered the business in 1977, which means he remembers the days of double-digit mortgage rates and multiple booms and busts. That … Continue reading Nation’s hottest housing market could be headed for a crash

The US housing market has an inventory problem

~ this is very true, and if you are ready to sell your home there is no reason to wait to list in the summer. But if you are a buyer you need to be ready to buy - pre-qualified, housing checklist needs done, and areas to buy in be open with  ~ The US … Continue reading The US housing market has an inventory problem

Fannie Mae: Housing Market Headwinds are Temporary

Fannie Mae: Housing Market Headwinds are Temporary The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to be a temporary headwind as a stimulative fiscal policy is expected to boost the economy in 2018. The report comes … Continue reading Fannie Mae: Housing Market Headwinds are Temporary

The Cost of a Hot Economy in California: A Severe Housing Crisis

The Cost of a Hot Economy in California: A Severe Housing Crisis  © Jim Wilson/The New York Times State Senator Scott Wiener, who sponsored a bill restricting communities’ ability to quash housing projects. “We’re at a breaking point in California,” he said. SACRAMENTO — A full-fledged housing crisis has gripped California, where the lack of … Continue reading The Cost of a Hot Economy in California: A Severe Housing Crisis

With California housing prices surging, developers say they can’t build enough homes

With California housing prices surging, developers say they can’t build enough homes   Construction work on the Rosedale tract on Orange Blossom Way in Azusa Wednesday, July 5, 2017. Home prices continue to trend upward in California. A report released Wednesday by CoreLogic reveals that prices for single-family attached and detached homes rose 5.8 percent … Continue reading With California housing prices surging, developers say they can’t build enough homes

Lowest Home Appreciation in the U.S.

Lowest Home Appreciation in the U.S. Certain markets in the West will continue to appreciate at double digit rates over the next year, while markets in the Northeast show the least promising forecast, according to Veros Real Estate Solutions’ Q2 VeroFORECAST report, which measures predicted home appreciation on a yearly scale. The metro that they … Continue reading Lowest Home Appreciation in the U.S.