More first-time home buyers have tough time entering the market
Los Angeles Times
Los High unemployment for young people, strict lending standards and massive student debt loads are among the factors hurting entry-level buyers.
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Survey: Single-family renters more likely to stay longer
The Wall Street Journal
Renters who opt for single-family homes over apartments are more likely to live in those homes for five years or longer and are more interested in ultimately becoming a homeowner, according to a study by ORC international for Premier Property Management.
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They bailed on their homes – now they want back in
CNBC
So-called “strategic defaulters,” some of them investors and some owner-occupants, are coming back to the market, despite damaged credit, and apparently the market is welcoming them back.
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Underwater no more, equity regained
San Diego Union-Tribune
Approximately 1.9 million property owners nationwide regained home equity in 2012 due to rising home prices – encouraging news for housing markets that are facing lower-than-normal inventory and high buyer interest.
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About Daniel Di Matteo
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
