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Category Archives: Real Estate News
Brexit Strengthens the Case for Real Estate Investment Trusts
After the Fed raised interest rates in December, investors fearing more interest rate hikes started to sell REITs. However, since then, the Fed has kept interest rates steady — still close to zero. After the Brexit vote, virtually everyone expects … Continue reading
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Mortgage Applications Fall 3.5%, Even As Rates Move Lower
A slight drop in interest rates was not enough to rejuvenate the mortgage market, although refinances are still elevated since the Brexit vote caused the initial rate plunge. Total mortgage application volume fell 3.5 percent last week on a seasonally … Continue reading
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Apartment Market “Increasingly Jittery” For Investors
Rents are soaring and demand for apartments is historically high, but some developers and landlords are overestimating the strength of the U.S. apartment market — and paying for it in quarterly earnings. Others are warning that the second half of … Continue reading
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U.S. Expands Crackdown on Secret Real Estate Buyers
The government’s crackdown on anonymous real estate buyers hiding behind shell companies seems to be working. In January, the Treasury Department announced a temporary initiative that requires title insurance companies to identify all-cash buyers of certain high-end real estate in … Continue reading
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Top 20 Markets for Investing in Real Estate Rentals
You can make good or bad investments in any market because each property is different. Even good analysis can’t guarantee success – the math may be right or wrong, luck may be for you or against you, and there’s also … Continue reading
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Why Aren’t More New Homes Selling When Demand Is Soaring?
Despite the hordes of frenzied home buyers hoping to take advantage of very low mortgage interest rates and sign on the dotted lines for their dream homes, builders still aren’t putting up nearly enough residences to appease the rising demand. … Continue reading
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Mortgage Applications to Buy and Refinance Drop 11%
Interest rates are rising and so are home prices. That is putting pressure on borrowers and buyers alike. Mortgage application volume fell 11.2 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers … Continue reading
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June Residential Sales Jumped 25% from 2015, Says Census Bureau/HUD
This is the biggest increase since February 2008, said Trulia’s economist. Mortgage rates have been at rock-bottom for longer than anyone expected — but are consumers taking advantage of the economic boon to buy a home? Specifically, a new home? … Continue reading
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Nesting is Investing as Home Improvement Spending Set to Hit $321 Billion
Home equity is back, and headed for the bathroom — or the kitchen or the garage or wherever today’s homeowners see the greatest returns. Higher home prices have given people cash back and they are putting that cash to work … Continue reading
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What a New GOP President Would Mean for Homeowners
The news coming out of the Republican National Convention in Cleveland has so far been dominated by whether Melania Trump intentionally ripped off a chunk of her speech from first lady Michelle Obama (blame the speechwriter), angry protests outside the … Continue reading
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