Political turmoil is often associated with economic uncertainty, with markets bracing for any potential downturn resulting from an impending change in Washington, D.C. Can this have an impact on U.S. real estate market? In what has been an excellent year for the housing market across the country, hearings over the possibility of impeachment proceedings against […]
The U.S. housing market in 2019 was largely driven by two trends: low mortgage rates encouraging new buyers and limited inventory increasing competition, and thus prices. As 2020 is upon us, real estate experts are beginning to forecast how the market will take shape throughout the year. A new analysis from Redfin sees several current […]
From a housing perspective, the biggest story of 2019 has been the market’s reaction to sustained low interest rates in the U.S. While we’ve seen a boom in refinancing across the country, there has also been an uptick in sales during the second half of this year. New data from a RE/MAX National Housing Report […]
During the 2008 economic recession and afterwards, “subprime” became a buzzword in general discussions about what led to the housing market crash. That was for good reason. In 2004-2006, the years leading up to the crash saw as many as 20% percent of mortgages national were subprime. Most of them were adjustable rate mortgages from […]
Prior to the economic crash in 2008, U.S. homeowners were doing so-called “cash-out” refinancing at an unprecedented rate. More than 10 years later, these maneuvers are returning to levels not seen since the Great Recession, according to a new study from ReFi Guide. Much of the refinancing seen in 2019 has been in response to […]
The wave of low interest rates in the United States has lifted the U.S. housing market up to a point it hasn’t reached in two years. Pending sales of existing homes, a figure tracked by an index, increased by more than double the expectation of analysts from August to September, according to the National Association […]
With the cost of real estate soaring in major markets like New York and Los Angeles, more and more investors are beginning to search for value in smaller markets that are on the rise. The growing appeal of these markets, many of them in the southeastern United States, reflects patterns of migration seen in the […]
Sustained low mortgage rates since March of 2019 are now ravishing the supply of starter homes across the United States. In a familiar pattern, the availability of cheaper mortgages encourages would-be home buyers to make the leap to ownership. There is a run on starter properties that cuts heavily into the supply, despite ongoing demand […]
Multifamily Dwelling
The nation’s two biggest mortgage lenders, Fannie Mae and Freddie Mac, will now be able to retain a larger share of their profits as the United States looks to transition them into private control. The Treasury Department and Federal Housing Finance Agency announced Monday that a new letter of agreement aims to boost the capital […]
