Theresa Springer’s Blog

Baby Boomers, Millennials, Expected to Aid Multi-Family Housing

New statistics state that multi-family housing has declined over recent years. According to Fannie Mae, multi-family housing has declined from 44.8% of occupied rental stock in 2005 to 41.3% in 2001. While experts acknowledge the decrease, construction companies are looking into the future. Experts say that, as job growth continues to increase in the U.S., ... MORE

Americans Growing More Confident In Housing Market

Americans are growing ever more confident in the housing market, according to Fannie Mae’s October 2012 National Housing Survey. The survey gauges consumers’ attitudes toward owning a home, renting, prices, mortgage rates, household finances, and overall confidence in the economy. October’s results found Americans’ expectations on the rise. Among the highlights, only 10 percent of ... MORE

Real Estate Pros Express Confidence In Market Recovery

The National Association of Realtors’ Confidence Index is based on a monthly survey sent out to 50,000 real-estate professionals assessing expectations for home sales, prices, and the overall market. February’s report finds confidence and expectations on the rise amid continued evidence of a slow and steady market recovery. Though responses didn’t indicate rapid market growth, ... MORE

Nearly 70 Percent Of Americans Say Now Is The Time To Buy

Fannie Mae’s August National Housing Survey polled 1,001 Americans to assess their attitudes toward owning and renting, mortgage rates, the economy, and their personal finances. The survey found 69 percent of respondents said now was a good time to buy a home, up three percentage points from the previous month. The number of people who ... MORE

Buying Cheaper Than Renting In 74 Percent Of U.S. Cities

Based on current market conditions, buying a home is cheaper than renting in 74 percent of major U.S. cities. Trulia’s Summer 2011 Rent vs. Buy Index compared price-to-rent ratios for the 50 largest cities using the median list price compared to the median rent as of July 1. Renting was cheaper than buying in only ... MORE

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Call Theresa Springer (MLO #70667/NMLS #70667) today at 360-798-4161 to see the difference that working with an experienced home loan professional can make for you.