Some Owners’ Theory: Sell Now, Rent, Buy Later
Home prices took a dive during the Great Recession and some homeowners think that will happen again, so they’re selling now and waiting for bargains to arrive.
Moody’s: Housing Correction Coming – but No Crash
The Fed’s interest rate hikes will cause the “pendulum to swing back down” some places, but no crash if vacancies stay low and underwriting standards remain high.
Higher-than-Expected Rents: 6 Fla. Metros in Top 10
A study by FAU and two other universities compares current rents with “historical trends” found Miami No. 1 in the U.S., with rents 22.7% higher than historically expected.
30-Year Mortgage Rates Ease a Bit, Hit 5.7%
Stock market and inflation fears hurt the economy, but increased economic pain can often lower mortgage rates if investors flock to mid-term bonds.
Buyers Freaking Out Over Loan Rates?
Every buyer in every real estate cycle faces challenges. Buyers who can keep things in perspective still qualify for mortgages and sign contracts for homes.
More Renters May Qualify for a Loan After July 10
If renters paid their landlord on time for a year, they can share that info with Freddie Mac to improve their chance for mortgage approval or lower their interest rate.