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Monthly Archives: February 2016

    Mortgage Rates Again at Historic Lows

    By SRRealEstateGroup | February 24, 2016

    Fannie Mae, Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors each predicted that interest rates would begin to rise slowly and steadily throughout 2016. However, shaky economic news and a volatile stock market have actually caused rates to drop six out of the last seven weeks, and have remained at 3.65%... Read More

    Are the Kids Finally Moving Out?

    By SRRealEstateGroup | February 18, 2016

    During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns back around. According to the Urban Land... Read More

    Investors With Cash Edging Out First-Time Home Buyers

    By SRRealEstateGroup | February 17, 2016

    Easy pickings from foreclosures may be gone, but investors continue to swarm over housing markets Article originally posted on Written by Joe Light. During the housing bust, investors pounced on foreclosures and short sales—houses that sell for less than the amount owed on the mortgage—to use for cheap homes they could rent out or... Read More

    The Renovation Revolution: 203K And HomeStyle Mortgage Loans

    By SRRealEstateGroup | February 4, 2016

    Written by Mark Greene for Forbes Many of the existing homes that are listed for sale in today’s markets, are functionally obsolete because they are older and don’t have the amenities today’s buyers are looking for in a home. And according to the National Association of Realtors, there is a limited inventory of existing housing... Read More

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