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Here are the 10 hottest housing markets in 2024
Grace Cary | Moment | Getty ImagesThe top 10 hottest housing markets are expected to be spread across the South, Northeast and Midwest this year, according to an analysis by real estate marketplace Zillow. But a “hot” market isn’t always great for would-be buyers.Buffalo, New York, made the top of the list, as the area […]
DON’T Pay Off Your HELOC Until You Hear This…
Got a HELOC? Don’t pay it off…yet! Thinking of house hacking but are discouraged by the low cash flow numbers you’re getting back? Looking to invest in a high property tax state like Texas but are scared to swallow that big expense? All of these topics, and many more, are coming up on this episode […]
A small Fed cut could be a tailwind for housing sector overall, says UWM CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Mat Ishbia, UWM CEO, joins ‘Closing Bell: Overtime’ to discuss his outlook on the housing and mortgage market. 04:54 2 hours ago Source link
Huge Opportunity for New Multifamily Investors
Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate, there’s only so much longer that these high multifamily prices can last. Over the past year, expert multifamily investors like Brian Burke and Matt Faircloth have been sitting and waiting […]
Mortgage demand surges more than 10% as lower interest rates lure homebuyers
Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger generations of Americans, who are squeezed by student debt and childcare costs in an era of slower economic growth. The pressures come as President Joe […]
Foreclosure Activity Increased in 2023—But What Do the Numbers Mean for Investors?
In this article ATTOM’s Year-End 2023 U.S. Foreclosure Market Report shows that foreclosure activity increased last year from 2022 levels, but is this a cause for concern for investors? The ATTOM report shows that foreclosure filings, which include default notices, auctions, and repossessions, stood at 357,062, up 10% from 2022 and 136% from 2021. These figures look much less […]
Drop in home price appreciation leading to negative home equity: Wedbush’s Jay McCanless
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jay McCanless, Wedbush housing analyst, joins ‘Squawk on the Street’ to discuss how the ‘purchase-centric’ housing market will play out, whether changing yields move the demand for mortgages, and more. 03:23 Thu, Jan 18 202410:45 AM EST Source link
Should You Sell or Hold? Here’s a Decision-Tree to Help You Decide
In this article I’ve encountered the question “Should I buy or hold?” on several websites for several years. All I have seen are opinions such as “only hold a property for X years.” Here, I propose a simple process for deciding whether to sell or hold. First, what should you base your decision on? That’s […]
How to use rent-reporting services to build, improve credit
Luis Alvarez | Digitalvision | Getty Images While rent payments do not traditionally affect your credit, a growing number of so-called rent-reporting services are trying to change that. These services track users’ rent-paying habits and report them to one or more of the big credit bureaus — Equifax, Experian and TransUnion — with the aim […]