Real estate news round up for 2-4-2016
Let’s kick things off with some GOOD real estate news from Freddie Mac!
Scary thought. Fewer options for buyers is not a good thing. However, consider the source of this story as banks are going to spin any attempts at regulating them as being bad.
Obviously not good. Also something largely ignored by the press and the politicians…
Good news for both the economy (think jobs) and the tight inventory problem in many real estate markets.
While we need more people taking advantage of the opportunities in today’s real estate market, we do NOT need to repeat the mistakes of the past.
Again, we do not need to repeat the mistakes of the past…
Does the recent loosening of lending standards represent a return to safe sane lending?
Not just flat but still lingering at a low level. However, economic confidence does NOT directly relate to the strength of the real estate market.
49% of home buyers were ages 34 to 55. That’s right.
Not good since the services sector is such a BIG part of our economy. Also with manufacturing hurting, this is especially worrisome.
The National Restaurant Association’s Restaurant Performance Index fell sharply in December
Not a main stream or as widely talked about as the reports from ISM. Still important none the less…
National not local but still a trend that is happening in many areas and price ranges. Including the Anderson area…
Another story about the latest housing report from CoreLogic from different source. Expect rising prices…
Not good at all.
Good news about employment. Remember, we need a strong economy for a strong housing market!
Better news about jobs and has been rising since 2009.
And a word of warning, I will be finally updating the site to a responsive or mobile friendly design in the coming weeks.
God willing and the creek don’t rise…