In Real Estate: Today’s Golden Opportunity we compared the current housing market to the market for gold about a decade ago. Some commented on the fact that you can’t compare gold to real estate as an investment as gold is a very liquid asset and it … [Read more...]
Americans predict higher rates, easier mortgages
Fannie Mae’s latest National Housing Survey found that Americans are feeling more positive about the economy, and are happy to make predictions about it. More people expect mortgage rates to go up and housing prices to go down over the next … [Read more...]
Census Bureau: Some more people moved in 2012 than in 2011
Here’s the good news: In its 2012 report on the National Mover Rate, the Census Bureau found that 1.4 million more people moved in 2012 than did in 2011. Here’s the bad news: That’s only a 0.4 percent increase. Here’s the good … [Read more...]
Homebuilders are making money the old-fashioned way
Bloomberg is reporting something interesting: Home builders are making money, sure, but they’re making it thanks to selling mortgages, not properties. At PulteGroup Inc., the second-largest builder by market value, mortgage revenue jumped 70 … [Read more...]
First-time buyers vs. investors for mid-range homes
According to this HousingWire story, a good portion of the nation’s homebuyers fall into one of two camps: first-time buyers with low-interest FHA loans, and investors looking for single-family homes to rent. The battleground: the $225K to … [Read more...]
For homebuilders, multifamily is the future… and the present
The New York Times has an interesting piece on how the boom in rentals has led to a boom in rental construction. Multifamily construction nationwide is two-thirds of the way back to its prerecession peak, while single-family home construction is … [Read more...]
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