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

Houses Are Selling the Fastest in These 30 Real Estate Markets

~ Good news for those that are selling in these areas. Bad news for those buying. But don't despair we can get you a home! ~ A hot real estate market can work both ways. Typically, rising prices reflect the improving dynamics of an underlying city, whether from growing employment, rising wages or other factors … Continue reading Houses Are Selling the Fastest in These 30 Real Estate Markets

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

Fannie and Freddie what the Future holds

As Fannie-Freddie reform gets underway, here are the three big questions for the housing market. It's been over a decade in the making, but an overhaul of Fannie and Freddie Mac is finally in the cards. The acting head of Fannie’s and Freddie’s regulator, the Federal Housing Finance Agency, told employees that he was working … Continue reading Fannie and Freddie what the Future holds

Wait or Buy Now? – Infographic

~ thank you KCM as always for the insightful information! ~ Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by … Continue reading Wait or Buy Now? – Infographic

5% Interest Rates

U.S. housing market faces '5-percent' test NEW YORK (Reuters) - The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years. Even as home prices have climbed steadily thanks largely to a … Continue reading 5% Interest Rates

Home Prices Dropping?

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of … Continue reading Home Prices Dropping?

Housing tips back to a buyer’s market as sellers cut prices

~ have you experienced this in your market? ~ Housing tips back to a buyer's market as sellers cut prices After several years of rich home price gains, the market appears to have found a limit to what people can afford. Sellers are finally responding by lowering prices. Approximately 14 percent of all listings in … Continue reading Housing tips back to a buyer’s market as sellers cut prices

International buyers are dropping out of the US housing market

~ Interesting read ~ International buyers are dropping out of the US housing market After strong interest for several years, international buyers appear to be souring on the U.S. housing market. The dollar volume of U.S. home sales to international buyers between April 2017 and March 2018 dropped 21 percent compared to the year-ago period, … Continue reading International buyers are dropping out of the US housing market

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