Tag Archives: homeowners

Aspiring home buyers living in counties with relatively high home values and SALT rates may be affected by the new tax bill, according to a new study.

Residential real estate continues to be one of the most stable and attractive investments today; however, investors new to the field could benefit from understanding the pitfalls, as well as the pros. Editor’s Note: This select print feature originally appeared in the January issue of MReport, available now.

Six cities on the U.S. coasts have 70 percent or higher households that can’t afford to buy a home, says a new study.

As homeowners struggle to make loan payments on time, Freddie Mac plans to collab with a new online platform in tandem with its borrower help network. The startup intends to help low and moderate income earners manage the debts and make payments on time.

The House of Representatives will soon return from summer recess and vote on the first phase of emergency relief money for areas affected by Hurricane Harvey. Take a look at how they plan on keeping FEMA operating while still funding federal disaster relief.

According to a recent report, if American homeowners moved at the same rate they did in 1990, there would have been about 2.8 million more homes sold in 2016. This would solve the ongoing inventory problem, but the fact is Americans just aren’t moving, for a number of reasons. The report cites three possible reasons for a non-moving population: an aging population, pockets of high negative equity, and an increase in single-family rentals.

When first-time homebuyers make the jump from renting to homeowning, they have to ask “is it affordable?” For the most part, that answer is yes. Many first-time homebuyers, particularly millennials, have found that owning a home has a more positive impact on their finances than renting.

The second annual Lenders One Mortgage Barometer indicates favorable conditions ahead. First-time buyers, Generation X and millennials are expected to drive demand for mortgages, while lenders are advised to stay creative to meet economic demand drivers. About three in five surveyed lenders anticipate an increase in new homeowners entering the market

According to data released Tuesday, the gap is widening between appraised values and homeowner estimates. This marks the fourth consecutive month that disparity has grown. A few markets bucking the trend include Denver, Dallas, Portland, San Francisco, and Seattle.

Buying a home in today’s competitive market is stressful, according to 72 percent of participants in a recent survey. Fears include losing earnest money, not finding a home in their budget range, and becoming involved in a bidding war. Prospective homeowners said they spend 1 - 3 hours a day in their search.