How Interest Rates Can Affect Real Estate Lending Guidelines
The Fed has raised interest rates three times since December 2016. The most recent rate hike took the fed funds rate to 1.25 percent on June 14, 2017. Financial experts expect there to be further rate increases in the next couple of years.
2017 National Home Sales, Median Price Swell as Inventory Plunges
The housing barometer continues trending upward. Experts contribute 2017 national home sales to factors like the presidential election, a healthy economy, positive employment reports, and a fear of interest rate increases. Whatever the cause, as a whole, the numbers are positive and paint a promising, long-term projection.
Millennials and the Future of Real Estate Investing
Millennials, defined as those born from 1982 to 2000, now hold an estimated population of 84 million in the U.S. Millennials are now the largest age group, outnumbering the baby boomer generation by a population of 10 million.
Five Best Fix and Flip Locations in the United States
Flipping houses is big business. With a bit of knack, a lot of hard work, and the right location, even amateurs can turn a profit. The best fix and flip locations must satisfy several important benchmarks. The information below discusses these criteria and highlights several of the best fix and flip locations of 2017.
New York State Home Sales Surge as Inventory Dwindles
Like it or not, the presidential election sparked a flurry of home-sale activity across New York State. Maybe it’s because he’s of a different political party, or better yet, maybe President Trump’s real estate prowess is behind the uptick. Whatever the cause, the surge continues for New York’s housing landscape.
Discovering Trendy Vacation Upgrades that Attract Renters
Vacation rentals can be a steady source of income, with renters tending to find a place they enjoy and returning year after year with little encouragement. However, “steady” does not mean “automatic”.
Learning the Traits of a Good Real Estate Loan Borrower
When a real estate investor applies for a loan, the underwriter has to make a determination on whether that real estate loan borrower, and the property he intends to finance with a loan, is a good risk. The loan itself is an investment in the borrower as much as it is an investment in the property.
Common Misconceptions About Investing in Real Estate
Novice real estate investors hear many misconceptions about real estate investing. Common misconceptions range from the perception that real estate investing is a quick way to get rich, investing in real estate deals is easy to do, or only the rich can invest.
A Close Look at The Top Factors Dragging Down Home Values
A house serves as the centerpiece to everyday life as well as the backdrop to years of creating memories. This is what makes it a home. For those who participate in the residential real estate market, a house is a hard asset, which in turn, makes it more of an investment – possibly the largest some will ever own.
Knowing When You Are Ready to Invest in Real Estate
Investing in real estate provides the incredible benefits of asset diversification. It also allows for allocation to investments that can be expected to be liquidated over a specific time horizon. This greatly facilitates financial planning as investors enter different phases of life.
