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Will the Federal Budget Help Property Investors?

Real Estate Investar

There’s been plenty of attention on this week’s Federal Budget after Treasurer Josh Frydenberg put a clear focus on creating jobs and lifting the economy out of recession. However, was there enough in the budget to help property markets?

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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey. “My

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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

As the summer comes to an end, several issues are top of mind for everyone: the impact of the Delta variant, the debate over when the Federal Reserve will taper its asset purchases, the situation in Afghanistan, and the federal debt limit and budget debate. by the end of 2021, and likely dropping below 4% by the end of 2022.

Mortgages 485
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Are Home Prices Finally Stabilizing in 2024?

Marco Santarelli

Additional housing supply is helping to satisfy market demand,” said NAR Chief Economist Lawrence Yun. Rising interest rates may incentivize some homeowners to list their properties, increasing supply and potentially tempering the rapid price growth seen in previous years. in February to a seasonally adjusted annual rate of 4.38

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Are 10% Mortgage Rates on the Horizon: Prediction Says Maybe

Marco Santarelli

This could price some potential buyers out of the market entirely, particularly those with a fixed budget. A recent survey by the New York Fed has sent shivers down the spines of aspiring homeowners. This prediction, if it comes true, would mean mortgage rates doubling in a relatively short period. over the next two years.

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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

A $250 monthly child tax credit from the federal government for each child also helps the household. A $250 monthly child tax credit from the federal government for each child also helps the household. The four-bed property was perfect for the pre-Covid reality, but it is challenging to afford right now.

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Akron Housing Market: Home Prices & Forecast 2023

Marco Santarelli

The Federal Reserve has raised interest rates several times in 2023 in an effort to combat inflation. A good agent can help you find homes that meet your needs and budget, and they can negotiate on your behalf. The Akron housing market is a relatively affordable market with a median home price of $120,214 in September 2023.