Small housing inventory may push rental demand for years

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Monday Morning Cup of Coffee: Illinois looks to end ties with Wells Fargo; TRID anniversary Cordray, watt: mortgage industry matures to meet new regulatory framework It’s the biggest middle-class tax break on currently on the books – even bigger than the mortgage interest deduction. be assured the service will meet standards and not cause interference. The is the digital home of The Arizona Republic newspaper, with breaking news and in-depth coverage of sports, things to do, travel and opinions.

The rental market is already seeing low inventory push prices higher, and demand outweighs supply. in the first quarter of the year, the highest rise since 2012, Mansion Global previously reported..

GST cut a leg-up for realty demand, drag on realtor. –  · A drastic 700 basis points’ reduction in Goods and services tax levied on under-construction affordable-housing projects from 8% to 1% (effective rate after deducting one-third towards land cost), and from 12% to 5% for other under-construction housing projects (effective rate after deducting one-third for land cost) is a mixed bag for real estate developers.

There are moments in my life when I am glad to have given 12 years of my life to service to the Illinois appraisal community, and being part of the team that was in place when the Illinois AMC laws and rules were written years ago.

Browse the real estate section of your local newspaper, and you’re likely to see the phrase “lack of inventory.” In simple terms, this means there are more people seeking to buy (or rent) homes..

The Twin Cities housing market is booming this year.. Low inventory.. That scarcity touches everyone who wants to buy, sell, build, renovate or rent a home.. They both grew up on farms in the same small town in South Dakota. What rising property values means for you: It's not what you might think.

Despite the still fragile housing market, Fannie Mae expects housing starts to triple by 2013. According to the agency’s economic outlook, housing starts are predicted to increase 17.3% and hit 710,000 this year, with another 47% increase to 1.1 million in 2012 and another gain of 42% in 2013 to nearly 1.5 million.

REO-to-rental market quickly becoming asset class #Brexit: Here is the immediate impact on U.S. mortgage and housing finance Increases in short-term nominal rates not matched by contractually set rates on existing mortgages exposed a fundamental weakness in the system of housing finance, namely, the maturity mismatch between long-term mortgage credit and the short-term deposits that commercial banks and thrifts used to finance mortgage lending.REO To Rental Market Emerging As Institutional Asset Class REO To Rental Investment Property The single family rental market has historically been a fragmented market funded with capital from smaller mom and pop type investors.

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The Manistee county housing inventory was prepared by the Northwest Michigan Council of. driving demand for smaller homes.. The decennial US Census is conducted every 10 years to measure population, age, and. disabled may need smaller homes with less. and individuals are oftentimes pushed into rental.

Housing permits, starts both fall in January Builders began work on fewer homes last month than they did at the end of 2014, underscoring the stop-start pace of housing’s recovery. Homebuilders broke ground on new homes at a seasonally.