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Rental housing stock not nearly enough to handle coming wave

by countyproperties | Jun 12, 2015 | Finance, Real Estate news, San Diego Real Estate

Urban Institute: Rental surge to drop homeownership rate to 61.3% by 2030 The Urban Institute’s Housing Finance Policy Center just releaseda major new longitudinal study of expected household formation and homeownership ratesfrom 2010 to 2030. The paper predicts...

Home prices have climbed in 85% of U.S. metropolitan home markets

by countyproperties | Jun 12, 2015 | Latest News, Real Estate news, San Diego Real Estate

According to NAR Home prices have climbed in 85% of U.S. metropolitan home markets as low mortgage rates and the strongest labor market in almost 7 years spurred demand. The median price of an existing single-family home rose from a year earlier in 148 of the 174...

In real estate escrows, what are Prorations?

by countyproperties | Aug 28, 2014 | Finance, Real Estate news

In a real estate transaction, there are usually expenses and payments that must be “prorated” (or properly distributed or divided proportionately) so that the parties are equitably responsible for amounts owed during their respective ownership of the...

It’s officially unaffordable to rent in almost all major cities

by countyproperties | Aug 28, 2014 | Commercial Real Estate, Luxury Homes, Real Estate news

According to the latest real estate market reports, homes remain more affordable to buy in 94 of the country’s 100 largest metros compared to historic averages. On the other hand, renting is more expensive than ever in 88 of the country’s 100 largest...

U.S. home market closer to normality

by countyproperties | Aug 28, 2014 | Real Estate news, San Diego Real Estate

U.S. home prices are slowing down, with easing annual growth in 20 major cities bringing the market closer to normality, according to data released Tuesday. For a fourth consecutive monthly gain, U.S. home prices rose 1% in June, pushing annual price growth to 8.1%,...

Full speed ahead as Fannie Mae stands by optimistic forecast

by countyproperties | May 7, 2014 | Finance, Real Estate news

Cite more government spending, declining inventories Slow growth dominated the first quarter, but Fannie Mae’s Economic & Strategic Research Group believes the economy is expected to gain momentum in the second quarter amid an increase in government spending...
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