When Is It a good Time to Start Investing in Real Estate
Financial Ressources When is comes to investing in the real estate the first step before Seeking knowledge to find out whether the market is hot or not, any real estate investor should first make sure there are reliable financing resources in hand such as: Loans, mortgages or simply being capital ready. Knowledge of The Real…
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Home Sellers Are Feeling More Optimistic
As home prices rise by double-digit margins year over year, homeowners are increasingly viewing selling favorably. Consumers reported a significantly more positive view of homeselling conditions month over month in January, jumping 16 percentage points on net, according to Fannie Mae’s Home Purchase Sentiment Index, based on a survey of 1,000 consumers. “Overall, the index’s…
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Homeowners Are on a Home Improvement Spending Spree
As homeowners spend more time at home, they’re tackling household projects. The top reason for the increase in home improvement spending last year was to make a home better fit “lifestyle needs,” according to “The State of Home Spending: 2020,” a report produced by HomeAdvisor. Eighty-five percent of Americans surveyed reported spending more time at…
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NAR Joins Coalition Calling for Clarity in Rental Assistance
Housing groups, including the National Association of REALTORS®, are urging federal agencies to provide more information on the distribution of $25 billion in rental assistance under current COVID-19 relief legislation, which was signed into law in December. The coalition of real estate trade organizations says the funds are critical to counter the economic fallout of…
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This Is the Best Time of Year to Get a Mortgage
Home buyers better hurry: This month may offer the best time of year to get a mortgage. But February can offer some of the best rates too, according to a new study from Haus, a home-finance startup. The firm studied seasonality, loan size, credit scores, and other factors that play a role in mortgage rates.…
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Wealth Gap Grows Within the Housing Market
The pandemic is expanding the divide between those who are thriving financially and those who aren’t, CNN reports. Stock market growth is enriching the wealthy and they’re up-sizing by purchasing pricier homes. However, those facing unemployment in the pandemic and first-time buyers who don’t have equity in a current house, are struggling in the housing…
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Where You Can Still Snag Homes for $100K or Less
Home prices are surging by double-digit percentages annually, but deals can still be found in pockets throughout the country. Realtor.com®’s research team recently conducted a study to find out where. They searched listings in 150 of the largest metro areas to find which ones had the most homes for sale at $100,000 or less. That…
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These Lenders Issued the Most Mortgages to Buyers in 2019
Quicken Loans originated the highest number of home purchase loans in 2019, more than any other lender, according to a new analysis from Ascent, a personal finance resource produced by The Motley Fool. Wells Fargo closed loans totaling more than $305 billion in 2019, 73% higher than its nearest competitor. Ascent looked at the top…
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Real Estate Pros Pick 2021’s 7 Biggest Housing Issues
The lack of inventory will be the biggest story in housing this year, said real estate professionals recently surveyed by HomeLight, a real estate referral company. HomeLight’s Top Agent Insights report, conducted in the fourth quarter of 2020, reflects responses from more than 1,000 real estate professionals nationwide. What issues are top-of-mind for real estate…
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Single-Family Rents Rebound, Now Exceed Pre-Pandemic Levels
After a slowdown in rental growth during the spring and summer of 2020, rents are back on the rise. A new report from CoreLogic shows that national single-family rental prices increased 3.7% year over year in November and are now above the levels before the COVID-19 pandemic started. “This is in contrast to rents for…
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