Editors Note: Our blog will not be published during the week between Christmas and New Year’s Day so that our staff may enjoy that time with their families. Be assured we will be keeping abreast of the housing market and will be back on January 2, 2018. Happy Holidays from all of us at LoanLogics. ‘Tis the season to be…
Okay, let’s take a look at the bright side. According to a recent First American survey of title and real estate professional’s, confidence in transaction volume growth over the next 12 months increased by 0.5 percent from the third quarter and increased by 5.3 percent compared to a year ago. With rates anticipated to remain relatively low and increased property…
According to some experts, the elimination of the SALT deductions may result in some homeowners looking to move from high tax states. Is that so bad? The net effect of such moves will remain to be seen. First off, will existing homebuyers just up and move because of the SALT elimination? Maybe some, but what about their jobs, their family,…
The outlook for 2018 is for continued home value and price increases at a rate of about 3 to 4%. That’s good and bad news. Good news for homeowners who will see increased equity which they can tap for other purposes or use toward the purchase a new home at a higher value. Of course, that is as long as…
Like those TV drama series, the mortgage market is poised for its winter season finale. We are faced with all kinds of suspense coming from what might happen in 2018. Based on current headlines, we see: An increase in home buyer and seller sentiment A forecast for rising interest rates A shortage of housing Increasing home equity Increased FHFA and…
Are Millennials Ready to Buy? We’ve been hearing for a while that the Millennial generation is poised to start buying homes. Fannie Mae and USC research appear to show it will be in 2018. That would be great for Builders, Realtors and mortgage lenders. If you build it – will they come? Builders are banking on it. With the shortage…
