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3 reasons not to buy a house this year

With interest rates likely heading up, many would-be homebuyers are rushing to lock in mortgages before borrowing gets even more expensive. While snagging a lower interest rate will make your monthly payments more affordable and save you money in the long run, buying a home right now may not be the best move. Here are…
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ATTOM: First quarter sees lowest home affordability since 2009

Housing affordability continues to slip lower, hitting levels not seen since 2008 and 2009. More housing markets are slipping below historical levels and homeownership is becoming out of reach for many as average incomes can’t keep up with growing home prices. Source: http://www.housingwire.com/articles/39721-attom-first-quarter-sees-lowest-home-affordability-since-2009   Related Articles: CAPITAL ECONOMICS: WILL PRESIDENT TRUMP’S REGULATION CHANGES BOOST HOUSING…
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Capital Economics: Will President Trump’s regulation changes boost housing starts?

Given the recent drought in housing inventory across the nation, the industry welcomed the recent news that homebuilder confidence surged in March due to President Donald Trump’s actions on regulatory reform. The news, while positive, isn’t guaranteed to turn into increased housing starts though. Instead, here are three likely outcomes. Source: http://www.housingwire.com/articles/39722-capital-economics-will-president-trumps-regulation-changes-boost-housing-starts   Related Articles:…
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Real Estate Q&A: How to Handle Hassles of an Inherited HomeReal Estate

(TNS)—Q: My mother passed away recently, leaving behind a small condo with a reverse mortgage. There is no equity in the property. Do I need to do anything about it? -Linda A: Most people eventually find themselves in a situation like this, dealing with the hassles of an inherited property. The ownership of the condo […] The post Real Estate Q&A: How to Handle Hassles of an Inherited Home appeared first on RISMedia .
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Ten-X predicts increase in existing home sales

This month’s report from Ten-X indicates that existing home sales in March will increase slightly. The company explains the big question is whether there will be enough homes for sale to meet the demand. Source: http://www.housingwire.com/articles/39720-ten-x-predicts-increase-in-existing-home-sales
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Here are the 25 markets with the biggest rent hikes

The latest list is out on the top 25 rental markets with the highest returns. Interestingly enough, this time around the list doesn’t feature the usual frontrunners, with a heavy focus on non-coastal markets. However, for those looking to invest in housing, RentRange does give some extra advice to keep in mind with these markets.…
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NAR: Trouble ahead as National Flood Insurance Program expiration date nears

NAR: Trouble ahead as National Flood Insurance Program expiration date nears Trouble ahead as National Flood Insurance Program expiration date nears The National Flood Insurance Program is set to expire six months from Thursday on Sept. 30, 2017. The looming deadline prompted the National Association of Realtors to try to bring awareness to the consequences…
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Zillow launching RealEstate.com, new site focused on millennials

Zillow Group is set to launch a new real estate website that is designed especially for Millennials. The online real estate company will launch the website later this spring from a URL it acquired with the acquisition of Trulia. Source: http://www.housingwire.com/articles/39714-zillow-launching-realestatecom-new-site-focused-on-millennials   Related Articles: Buy or rent? Zillow CEO shares real estate tips The Home-Buying…
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An alternative perspective on neighborhood stabilization

When the U.S. real estate market collapsed in 2007, it not only triggered a recession and stock market crash, but it also sent nearly 9.3 million American homeowners into foreclosure. While in many respects the worst is now behind us, the reality is that the problem persists, with more than 930,000 properties currently in foreclosure…
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