by Jim Crowder | Oct 23, 2013 | HOUSING MARKET
An increasing number of single family homes are being used as rental properties across the nation. According to USA Today’s analysis of the U.S. Census Bureau data, in 2012 1/5 of all single family homes in many metropolitan cities were rentals. Experts suggest...
by Jim Crowder | Oct 22, 2013 | HOUSING MARKET
U.S. mortgage rates and home prices continue to increase causing existing home sales to fall. Existing home sales in September fell from August and experts have suggested that mortgage rates and rising home prices may play a key role in the decline. According to the...
by Jim Crowder | Oct 21, 2013 | HOUSING MARKET
New research has found that baby boomers left with empty nests are much more likely to provide their children with financial aid than to invite them back into their homes. The study suggests that boomers are happy with their empty nests, and many are looking to...
by Jim Crowder | Oct 18, 2013 | HOUSING MARKET
According to Trulia, asking home prices across the nation were not negatively affected by the government shutdown. Experts analyzed the nation’s home prices from October 1st to October 15th and found that home prices actually increased, jumping 1% from September...
by Jim Crowder | Oct 17, 2013 | HOUSING MARKET
According to the Mortgage Bankers Association, mortgage applications increased, growing 0.3% last week. The refinance index also grew by 4%, while the purchase index fell 5%. The average 30-year, fixed rate mortgage with a conforming loan limit jumped 0.04% while the...
by Jim Crowder | Oct 16, 2013 | HOUSING MARKET
According to Stu Feldstein, the president of a mortgage research firm, if the Democratic and Republican parties do not reach an agreement within the next couple of days, interest rates could increase considerably when the government breaches the debt ceiling. There...
