Up until a month or two ago, sellers were in the driver’s seat, able to practically dictate the terms under which they would accept a buyer’s offer. Now, though, buyers are regaining the upper hand. There’s still a way for sellers to maintain control of the process. CLICK ON THE HEADLINE FOR MORE
Whether investors or owner-occupiers are more sensitive to rising rates is something being watched closely. The expectation is sellers aren\’t going to be able to sell their homes as quickly as they have, especially as they did last year, which will result in price cuts. Investors may, therefore, be holding off to take advantage of better deals down the line. CLICK ON THE HEADLINE FOR MORE
\”What\’s driving this boom is true demand, that people want to live elsewhere. There\’s less speculation. There\’s less predatory lending. This isn\’t just a finance-fueled boom,\” Kelman said. \”It is driven by a true change in consumer behavior….\”
Redfin CEO Says The Booming Housing Market Can Get Even Hotter Read More »
Requiring significantly lower credit standards than conventional loans and only a 3.5 percent down payment, the FHA predicts it could insure as many as 60,000 additional condo loans annually. CLICK ON THE HEADLINE FOR MORE
Government Will Back More Condo Loans Amid Cooling Housing Market Read More »
“Housing slowdowns have been a major component, if not catalyst, for economic recessions in the past, but that won’t be the case the next time around, primarily because housing will have worked out its kinks ahead of time.” CLICK ON THE HEADLINE FOR MORE
Predicted Economic Slowdown Won\’t Wreck Housing Market Read More »
Some real-estate fundamentals have been changing for the better, and at the moment, there are green shoots in sight — signs of a better balanced housing market ahead. CLCIK ON THE HEADLINE FOR MORE
Housing Market Shows Sign Of Hope Read More »
