Real Estate in the News

Real Estate Makes the Current Headlines.

Here's a collection of recent articles to encourage you to consider how real estate affects your world. 

CoreLogic: Mortgage Delinquencies Drop to a 20-Year Low:  According to the monthly loan statistics that CoreLogic tracks, over 96 percent of borrowers are making timely loan payments, producing a health mortgage market. Multi-family property sales passed the $100 billion mark for the first time in 2018 -- this data is available in a separate report that can be downloaded by registering with CoreLogic.

Could Tiny Homes Solve Homelessness?: The D.C.-based Politico publishes an in-depth look at the success of tiny house development in Detroit.

"For Sale" House Inventory Leaves Fewer Choices for Buyers:  CNBC sees continued tight real estate inventory, but a slowing of price appreciation.

Millennial Home Ownership Rate Below Previous Generations:  A recent Urban Institute study explains why the homeownership rate for Millennials between the age of 25 and 34 is 8 percent below that of Generation X and Baby Boomers.

Federal Reserve Rate Cut will Affect Floating Rate Mortgages: Forbes argues that borrowers with adjustable rate mortgages and floating-rate equity lines will benefit if the Federal Reserves makes it first interest rate reduction in ten years, as expected.

In NW Michigan Real Estate, Women Rule:  Real Estate One publishes a quarterly "State of the Market" report for NW Michigan, SE Michigan, and the Washtenaw area.  The First Quarter 2019 NW Michigan report opens with commentary about the growing percentage of single women buyers.