Expect Higher Mortgage Rates This Year (But Don’t Be Scared!)

Expect Higher Mortgage Rates This Year (But Don’t Be Scared!):

2015 was the best year for the Housing Market since 2007, and 2016 looks even better. Well- for the market on the whole, even if for the buyer they might be locked into a rate a little bit higher than last year.

This is a classic case of bad news-good news.

Bad news, the mortgage rates will go up this year. Good news, there are houses to buy, especially affordable newer options. AND the rate will go up the most in neighborhoods with the highest home prices, so what’s a little more change to them?

Bad news, the mortgage rate is up a bit, but good news it’s still cheaper to get a mortgage than to rent at market-rate prices.

Bad news, the mortgage rate is up some, but good news home prices are down.

Bad news, with higher debt-income ratios credit scores go down. Click here to Get information about the magnitude of your options, despite that credit. Excellent news, it’s still possible to get a mortgage with lower credit scores, partly because the feds guided interest rates up.

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The big dudes! The Federal Reserve, in case anyone needs a re-introduction, happened in 1903 after the panic of 1907 and imagined or impending financial crisis created a climate where centralized government assistance was desirable.

There are three main roles of the Feds

  • Maximize employment
  • stabilize prices
  • moderate long-term interest rates.

In this delicate balance, there’s a sort of dance that happens. This year the employment has the leg up, with relatively stable prices then the interest rate will leg up as well and there is the real ladder we climb, ladies and gentlemen.

So what? that the basis mortgage points will go up about 60 points. Someone is winning, certainly. And in an economy there’s a trickle down effect. Wait for it….

Click here to get some of your trickle!

“Normal” Is Apparently Coming Back in Today’s Real Estate Market

What does a normal real estate trend look like? What does normal even mean these days?

Normal is the average, typical state or condition, the usual the expected. Hate to point out the tension in the room but…. Just a guess but if something feels one way for 15 years, that becomes the ‘new’ normal, but in systems with years of being – their typical state or condition has a much greater scope than even our lives, like the earth, like the economy.

For 15 Years The Real Estate Market Has Experienced Truly Abnormal Trends

In an article in Market Watch by Daniel Goldstein, personal finance reporter, there is some ho-hum news.

  • Home prices are predicted to rise by 3% nationally in 2016, compared to the 6% nationally in 2015.
  • Rent prices are expected to rise in 2015. Which will encourage people to buy, although it’s hard to save for a down payment if your rent just went up.
  • 1% increase Mortgage interest rates – expected to be 4.88% compared to the 3.86% at the end of 2015.
  • 15% of mortgages are underwater, that’s 7.9 million people, which is better than the 31% in 2012.
  • As more people stay in their homes more money is expected to be spent on home improvements this year.
  • New types of mortgage products. Maybe some that do not require as much down payment, or a steady, track-able income. Self employment has been a barrier to getting a home mortgage. Another change to restrictions would be to count boarders or renters for multi-generational home, or houses with roommates.

Ho-hum is what a normal market or a real state market or a sock market does. Inflation slowly raises prices and other things, like home investment, becomes less appealing and the market will correct its course with proper stabilization from the Federal Reserve System, banks themselves, wages employers pay, etc….real estate market

The economy is like an organism. It lives and changes, grows and reinvents itself with the demands of growing, earning and living people. The earth itself is an organism that shifts dirt and water over its surface and burns from the inside, and the layers of atmosphere that coordinate to the organisms living needs, as well as affecting consequences of organisms actions against the well-being of the earth.

The economy is going to live and we are limping a little and tired from hustling after that last housing bust. And we are thinking about what our desires do to the market and what that can do the earth. Millennials are getting ready to buy because the Eco-friendly, minimalist yet materialistic homes are working up from the dream – to the manufacturing phase.

The switch to more normal conditions is simple. There has been a shift from containing the risk to growing the market. Perhaps a shift to optimism, versus pessimism? It couldn’t hurt.

Click here to find some optimism – towards your more normal 2016…

10 Top Retweets for Real Estate Investing and Professionals

Kudos to you for thinking of getting into real estate investing, particularly crowdfunding strategy and other sources of revenue pertaining to the market. Because with how real estate technology has been advancing, it’s no wonder that more and more professionals are jumping on the bandwagon, bolstering and buttressing the entire industry from a home selling standpoint. Why do you think home prices are continuing to gain these days? Why are home prices looking to skyrocket clear across the board of the entire nation? There’s a reason…. The real estate market’s making a major comeback.

One Look at Twitter, and You’ll See That Some Major Real Estate Investing Players Are Talking Up the Goods for the Industry

And not just investments. But just information transfer. Trends. What’s going on in the industry. Think about it. If you’re looking to sell your home, or you’re looking to sell a bunch of homes, wouldn’t you want to know what’s going on in the market? And where can you find that out? On social media.

Specifically Twitter has the goods on these retweets from the very best in the real estate investing industry, the entire real estate industry as a whole, in fact. So take notes. One read of any of these tweets might end up bringing in some good ROI for you in your real estate business:

A Lot to Look at, We Know — But This Is How You Know the Real Estate Investing Industry From the Ground Up

Just keep reviewing everything going on with social media. You could be looking to buy a home with a 640+ credit score. Maybe you want credit repair? Or perhaps you’re in the market for a rent-to-own home? Or you just want to sell your home utilizing social media tactics?

Whatever the case, you can learn all of that via social media, and Twitter’s one of the place to do them if you follow the know-how of some of the best retweeting professionals in the industry.

The post 10 Top Retweets for Real Estate Investing and Professionals appeared first on Selling Your Home With Social Media.

4 Top Profile Tweets on Real Estate From @Starwise

We’re really starting to get into this Twitter language with the “at” symbols and hashtags. Thankfully, we here at the Complete Real Estate Site see the need to modify the English language a bit given the influence of Twitter on the real estate market. In particular, it seems that this one real estate guru by the catchy name of @Starwise (alias: Pierre Roustan) has a certain affection for the content we’ve delivered in the real estate market, and it shows with the amount of visibility and interest among the social media community.

In Other Words: We Apparently Know What We’re Talking About at the Complete Real Estate Site

Research, research, research. We want to constantly be in the know about the content out there, and we also wanted to backtrack and see how content’s circulating in cyberspace. So what did we do? We gathered the top four tweets regarding everything from home selling to home buying in real estate twitterreal estate. Check it out right here:

 

The Metrics Hear Show Incredible Traction on the Valuable Content

And for good reason: what you learn here is all due to social media, a vehicle for selling homes that’s unprecedented. Likewise, other platforms out there make their stamp in real estate, like Pinterest, YouTube, Facebook, and even blogging! Undoubtedly, the BBB A-rated HOPE Program utilizes it tremendously as well through their Google+ page, and even home renters and rent-to-own enthusiasts recognize that without social media, the market’s dead in the water as many scramble to even find the listings out there that are like golden nuggets. Face it: real estate benefits completely from social media….

But just in case you wished for even more of that insider’s look on a real estate industry that could change at any moment, you can rest assured: here’s where you’ll find it, right here at the Complete Real Estate Site.

Why the Lone Star State Texas Is Making Real Estate Waves

Cowboys are lovin’ the real estate market in this big state. Even the Chinese are digging it. But why? Recently it was posted for all to see the 20 hottest real estate markets in the U.S. for 2016, and wouldn’t you know it? Texas ranks up there with some of the best when it comes to supply and demand. People are just willing to sell their homes, and there are buyers in droves willing to shell out the money for it.

But It’s Not About Good Deals or Even a Decent Real Estate Inventory, Though….texas real estate

You’ll notice in these metrics for these four Texas towns that there’s a certain consistency, and that’s key. For a real estate market to flourish, the supply and demand has to be in sync, although you’ll notice a trend with these towns — real estate markets flourish with higher prices and shorter market durations, and home mortgages soar with zero down and decent monthly payments. Regardless, you can expect for 2016 these real estate markets to be the cream of the crop, and if you’re looking to invest in some real estate, and you like the Alamo, we’d say these are sure winners for your rawhide:

Ride ‘Em, Cowboy — Real Estate’s Wild in the Lone Star State

You read it here first, varmints. Now skedaddle. Before my trigger finger gets itchy. While you’re at skedaddlin’, though, better check out these towns real quick for a good look at Texas real estate. You just might see your new home here (or if you live in any of these areas, you just might hit pay dirt in selling!). Sign up for the latest technology in selling your home by clicking here. Looking to buy a home? Enroll right here! Interested in investing? X marks the spot!