Remove Housing Market Remove Inventory Remove Landlords
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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 448
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To lure more teachers, CO school districts enter the housing market

Housing Wire

Affordability has been a chief topic of concern in the housing industry for the past several years, and the lack of affordable options in the state of Colorado is pushing that state’s school districts into action. Rents also remain challenging according to data the Post cites from Zillow.

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Winners and losers of this volatile housing market

Housing Wire

Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead. Landlords hold the cards. The culling.

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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

While a lack of inventory still remains an issue, Cohen expects first time buyers to come back to the market now that they’ve become more realistic with mortgage rates and rents soaring. “I I really think until we see inventory move in our favor, it’s still going to be a tough market for a buyer.

Buyers 418
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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

The influx of first-time buyers in the Santa Monica housing market has resulted in frequent bidding wars on lower price point properties. “At In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory.

Buyers 447
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Real estate investors have a ‘cautiously optimistic’ outlook: survey

Housing Wire

That’s the conclusion from a survey of 235 single-family landlords in late June and early July. The findings suggest a “cautiously optimistic“ mindset among investors and expectations of a “balanced single-family rental market over the next 12 months.“ This is due in part to skyrocketing insurance costs in many parts of the country.

Investors 459
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Consumers more confident about making mortgage or rent

Housing Wire

As of December 2020, 27% of homeowners and 35% of renters had asked for a housing payment postponement, most commonly due to uncertainty over making payments beyond the next one, Freddie Mac said. The fading concern over making mortgage payments comes amid a period of incredible confidence in the housing market.

Mortgage 545