Remove 2010 Remove Inventory Remove Investors Remove Property Taxes
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Mortgage rates continue to climb beyond 7%

Housing Wire

Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. At today’s rate, the monthly cost to purchase a home totals about $2,400, not including property taxes and insurance, a 17% increase from a year ago. What to expect with the Fed ?

Mortgage 364
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Why owning a home is the best hedge against inflation

Housing Wire

On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed.

Inventory 543
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Why owning a home is the best hedge against inflation

Housing Wire

On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed.

Inventory 393
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. I am merely interpreting what I think are the critical issues established this proposed tax.

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AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. in 2010, the largest decline of any state. of all U.S.

Law 36