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 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

Pending-home sales tumble to a 3-year low as housing ‘crisis’ worsens

~we need more homes built and more sellers willing to get off the fence. It's a tough situation out there for housing all the way around~ Pending-home sales tumble to a 3-year low as housing 'crisis' worsens The numbers: Pending-home sales fell 4.7% to 104.6 in January, the National Association of Realtors said Wednesday. That’s … Continue reading Pending-home sales tumble to a 3-year low as housing ‘crisis’ worsens

Wall Street snaps up cheap single-family rentals

Wall Street snaps up cheap single-family rentals For Invitation Homes, the U.S. landlord built by Blackstone Group, the 220 houses it owned in working-class areas around Atlanta were outliers, filled primarily with low-income tenants paying rents well below those at its other properties. For another company with big private equity ties, the homes were an … Continue reading Wall Street snaps up cheap single-family rentals

The Economy’s Great—Why Is Housing a Problem?

The Economy’s Great—Why Is Housing a Problem? The American housing market is constrained. Not by price so much as by the continuing lack of houses on the market; and this, according to Realtor.com’s "State of the Housing Union" report, released Thursday, is “pressuring potential home buyers striving to attain the American Dream,” despite a strong U.S. … Continue reading The Economy’s Great—Why Is Housing a Problem?