Daily Real Estate News 9.17.2015
Sep 17, 2015
Home prices are rising rapidly, but economists are deflating concerns that another “housing bubble” is brewing.
The Federal Reserve’s decision today could potentially bring a close to a seven-year streak of very low mortgage rates. Here’s what an increase in rates could mean for the housing market.
Homebuilder confidence in the newly constructed single-family market continues to rise, this month reaching its highest reading since October 2005. Will that growing confidence turn into a boon for homebuilding?
Offsetting heightened anxiety on Wall Street, a strengthening economy due to an increase in consumer spending and job growth should aid the housing market’s recovery, according to Fannie Mae researchers.
Toll Brothers and Lennar – two of the nation’s largest homebuilders – are expanding their footprint into the rental-apartment market, even though concerns are growing that the hot rental market may be getting overbuilt.