7 real estate trends you’ll see in 2016

Team Dixon Realtors®

Beacon technology, new regulations and more

byMary Fetzer

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The housing market is, increasingly, back. In some markets, with a vengeance. More quality inventory is available, and buyers– particularly young ones — increasingly see homebuying as a good investment. Here’s what we can expect to see on the real estate front in 2016.

1. Prices and mortgage rates will rise — but slowly

Median sales prices for single-family homes have been on the rise since mid-2012, and the trend is expected to increase well into 2016, but at a slower pace than in recent years.

Prices rose 8 percent in 2012, 11 percent in 2013, and 5 percent in 2014 — analysts predict increases of 2 to 4 percent through 2016.

Meanwhile, the number of distressed property sales continues to decline and reduce the number of short-sale and foreclosed bargains to be had.

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EWA BEACH/KAPOLEI Real Estate Social — Hawaii Homes for Sale

Oahu Real Estate Social If you’re a full service mortgage lender and interested in hosting this Google+ Real Estate Community here in Ewa Beach/Kapolei, give me a call at (615) 844-4085. I’ll be happy to give you a tour and show how we get our network to page one of Google Search. Limited Lender Participation […]

via EWA BEACH/KAPOLEI Real Estate Social — Hawaii Homes for Sale

What Home Buyers Need to Know for the Week of Oct 19th, 2015

Hawaii Homes for Sale

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Last week was light on economic reports included Consumer Price Index and Core index for September, the minutes of the FOMC meeting held earlier in September, and weekly reports on mortgage rates and new jobless claims.

Minutes of the Federal Open Market Committee meeting held in September suggest that while Fed policy makers have reservations about low inflation and labor markets, but it’s likely they’ll raise they’ll raise the target federal funds rate from its current range of 0.00 to 0.25 percent simply to take the anxiety off the table in financial markets.  When the fed does raise rates, some analyst’ expect to see higher mortgage rates, as well as other loan products like personal loans and credit cards, but I think the price has already been built into market rate and we’ll see little movement.

Furthermore, FOMC members revealed they remain concerned about inflation and…

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