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Why 2014 should be a good year for housing | Inman News

Why 2014 should be a good year for housing | Inman News | Real estate | Scoop.it
Once in office, Mel Watt is likely to open the door for the first time to principal reductions for Fannie-Freddie borrowers who have trouble affording their loans.

Via Michael Stuart
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Michael Stuart's curator insight, December 30, 2013 2:22 AM

Get ready for some exceptionally bumpy mortgage market conditions in the first half of 2014 as lenders to figure out how to comply with the new qualified mortgage and other rules taking effect, beginning in January.


Look for longer processing times, more rejections on QM grounds, all complicated by likely increases in mortgage interest rates as the Federal Reserve’s “tapering” of its securities purchases begins to phase in. More contracts written on home purchases are likely to fall through, and applicants are certain to find early 2014 a more challenging marketplace than they would have encountered in 2013.

For the overall real estate market, 2014 is likely to be the first relatively “normal” year in terms of sales, inventory and price changes, since the bust in 2008.


Sellers have more confidence they’ll get fair pricing, plus millions of previously underwater owners have crossed over into positive equity status in recent quarters, giving them a shot at selling.

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10 things billionaires won't tell you

10 things billionaires won't tell you | Real estate | Scoop.it
THEY'RE the elite few that are in control of the world's wealth, but every billionaire has their secrets.
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9 Reasons Why Investing in Real Estate is Awesome (And Better Than Stocks!)

9 Reasons Why Investing in Real Estate is Awesome (And Better Than Stocks!) | Real estate | Scoop.it

Which is better - real estate, stocks, or something else? This post shares 9 reasons to believe that real estate crushes the competition. Do you agree?


Via John M. Holland
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100 Productivity Apps for Real Estate Professionals

100 Productivity Apps for Real Estate Professionals | Real estate | Scoop.it
Report: Popular mobile tools for iPhone, iPad

Via John M. Holland
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