More millennials are moving out on their own, new studies suggest. Will the share of first-time buyers soon revert back to more normal levels?
___________________________________________________________________________________
In some cities in the world, you might pay $6.64 in U.S. dollars for a cup of coffee, or $6,960 to rent an unfurnished, two-bedroom apartment.
___________________________________________________________________________________
Watch the California housing market, in particular, economists say. “It’s just the beginning of a tidal wave,” says NAR’s chief economist about the big rise in Chinese buyers coming to the U.S.
___________________________________________________________________________________
Still, borrowing costs from mortgage rates are averaging lower than last year at this time.
___________________________________________________________________________________
In some metro areas out West, homes are selling in less than a month.
___________________________________________________________________________________
“This exposure could constitute significant risk for home owners and financial services companies, as many at-risk homes lack protection from insurance coverage,” according to a newly released CoreLogic report.
____________________________________________________________________________________