Small housing inventory may push rental demand for years

Homebuilders see a bright spot in the gloom — and it’s rentals – Christopher Todd Communities, his new company, built more than 450 homes in the phoenix metropolitan area last year. a small base, but purpose-built rental homes are a good match for a housing.

Expect More Protests, Rallies As Tenant Groups Push To Repeal Restrictions On Rent Control – Low vacancy is driving up rent and a shortage of new housing supply with less homeownership and stagnant wages “have created a perfect storm over the state of housing.” “While recent data shows modest.

Inventory for home buyers across US at 20-year low | Las. – Inventory for home buyers across US at 20-year low. "I’ll probably rent for two or three years.". The median sales price of previously owned single-family homes was $300,000 in May.

Bair: 3,500 Mortgages Modified at IndyMac Under FDIC Program Aug 21 – FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank, FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and sustainable mortgage payments for borrowers and increase the value of distressed mortgages by rehabilitating them into performing loans.

US cities with the worst housing shortages, according to. – The number of homes available for sale fell for a third straight year in 2017.. young families may be able to find more affordable new homes for sale this year, but they’ll most likely be in.

Alt-A Losses Outstripping Expectations, Moody’s Says Moody's says reduced revenue and cash flow expectations for. – moody’s defines credit risk as the risk that an entity may not meet its contractual financial obligations as they come due and any estimated financial loss in the event of default or impairment. see moody’s rating symbols and definitions publication for information on the types of contractual financial obligations addressed by moody’s.Monday Morning Cup of Coffee: Obama’s pick to lead HUD a surprise? FHA streamline refinances increase 42% in July Benchmark Electronics Inc (BHE) Q3 2018 Earnings Conference Call Transcript – In addition, computing is expected to increase sequentially by high single digits. we are continuing to examine all facets of our business to further optimize our operations, streamline our cost.News and Articles – budget.loans – November 27, 2017-Kelsey Ramrez-Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues.Over the long weekend, as you were eating Thanksgiving dinner and standing in long lines for Black Friday, the Consumer Financial Protection Bureau erupted into chaos as two leaders are now appointed as acting director.Michigan credit union ex-CFO shockingly confesses to embezzling $20 million July home-price growth slows but wages still can’t keep up RealtyTrac: Foreclosure filings near 5-year low U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders. It was the second-consecutive monthly decline in filings, although there.After seven years of price increases, Sacramento's housing market hit. have a strong economy that includes wages beginning to increase. But there is still not a lot of inventory out there so sellers have not. housing will not be able to keep up thus, prices will continue to rise.. june 06, 2019 10:20 AM.San Francisco controller cautions against eminent domain Homeland Security joins forces with bank tech to boost cybersecurity Virginia Department of Education announced the summer virginia cybercamp 2017 The summer Virginia CyberCamp 2017-This is a Word document. was announced to the challenged school divisions that participated in the CyberCamp Program last summer and responded to an earlier survey indicating an interest in participating in summer 2017.Credit Union Officer Admits to Embezzling $20M. officer of an independence township credit union is charged with multiple felonies after admitting he embezzled more than $20 million over 12.

Housing | FRED | St. Louis Fed – Rental Vacancy Rate for the United States . Percent, Not Seasonally Adjusted. Monthly, Seasonally Adjusted Jan 1991 to Mar 2019 (May 28) Index Jan 1991=100, Monthly, Not. Housing Inventory Estimate: Year-Round Vacant Housing Units for the United States .

What To Expect From The Upcoming Fall Real Estate Market – Equity has returned in droves and there is more demand for homes than we have seen in quite some time. That said, there is one key indicator that has yet to catch up: inventory. Inventory levels have prevented the housing market from making a triumphant return, and it looks like inventory issues will persist well into the fall real estate market.

Builder confidence edges up in June NAHB: "Builder Confidence Edges Higher in April" – Musing. – The National Association of home builders (nahb) reported the housing market index (hmi) was at 63 in April, up from 62 in March. Any number above 50 indicates that more builders. Source: NAHB: "Builder Confidence Edges Higher in April" More from my siteNAHB: Builder Confidence Declines to 69 in AprilNAHB: Builder Confidence decreased to 68 in [.]

Raising the rent: 5 Chicago neighborhoods that will cost you more in 2019 – Aysha Hackert, 28, moved from her small. year. Apartment search website Rent.com culled data to find which Chicago’s neighborhoods (based on inventory from Apartment Guide and Rent.com) have seen.

Demand for condos in Washington D.C.-area market intensifies – Sturtevant writes an occasional column analyzing the region’s housing data. Recent anecdotes suggest the demand for condos in the Washington. have chosen to rent for the last few years see rising.

What to Expect From the Housing Market in 2019 | U.S News. – Whether you’re looking to buy or sell a home in 2019 – or find the perfect rental – it helps to know what you’re up against. In many markets, the trend of a low volume of homes on the market compared to the number of buyers that has been fueling bidding wars and rapid increases in home prices may losing steam, but rising interest rates may also cause more buyers and sellers to hold off on.

Retail home sale prices 88% higher than California REO How Foreclosure Sales Affect Home Values .. and those who do often forego the process when the mortgage amount is higher than the value of the unit.. the value drop is not always due to the number of foreclosures. Often, falling prices are due to buyers’ perception of the area, coupled.