Here's How to Capitalize on the Single-Family Rental Market

Here's How to Capitalize on the Single-Family Rental Market

In case you have missed the current state of the single-family rental market, it is booming. More and more investors today are taking the step in the buy and hold direction and focusing their investments on rental properties. This can be attributed to how the rental market as a whole has shifted in the past decade. According to RentRange, a website that compiles data and analytics on rental markets across the United States, the current trends show a rise in rental demand for single family properties and rents increasing up to 6%. – From HousingWire

America's Most Competitive Renters: Why Many Are Choosing to Rent

Across the country’s largest markets, 13.8 percent of renters report they have the income and credit score to buy the median home in their market. For decades, satisfying the American Dream meant homeownership. Many expected to graduate from school, get hitched, have babies and purchase a house. Bam. Dream fulfilled. But for some millennials who came of age right around the time of the Great Recession, their vision of success has changed. Over the last several years, nearly all new household formations have been renters. In fact, nearly 40 percent of the population are renters — more people than ever before. – From Zillow

Home Prices Heat Up: Crisis and Opportunity

Rising buyer demand and increasingly short supply are lighting a fire under the U.S. housing market. Home prices in August surged on a monthly basis by the largest margin in 11 years, and the annual price gain of 6.2 percent is a sharp acceleration compared to the past two years, according to CoreLogic. "Housing values continue to rise briskly on stronger fundamental and investor-fueled demand, as well as lack of adequate supply," said Anand Nallathambi, president and CEO of CoreLogic. "This continued price appreciation is contributing to a growing affordability crisis in many markets around the country." – FromCNBC.com

6 Home-Selling Myths You Need to Stop Believing Immediately

When you get ready to sell your home, you might very well have a false sense of security. After all, you got through the hard part of buying. Now all you have to do is call a Realtor, put your home on the market, and wait for the buyers to line up. Selling will be a breeze, right? Of course not! Selling a home is as much a science as buying one is. And lots of people who’ve been there before will want to tell you how it’s done. Beware of these (well-meaning) storytellers, and don’t fall for some of the most common misconceptions about selling your home. – From Realtor.com

Mortgage Rates Tick Higher on Positive Economic News

Mortgage rates and Treasury yields moved higher this week in anticipation of the Federal Open Markets Committee raising short-term interest rates in December, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 3.47% for the week ending Oct. 13, up from last weekwhen it averaged 3.42%. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.82%. – From National Mortgage News

Seattle’s Priciest Home for Sale Will No Longer Have a $0 Tax Bill

The days of living tax free are over for the wealthy owners of Seattle’s priciest home for sale — but they’re still getting a great deal on their property taxes. The Sam Hill Mansion on Capitol Hill rocked the local real-estate world when it went on the market in late July, with its stunning views, sleek modern interior and chart-topping $15 million price tag. But its $0 property-tax bill was even more shocking. – From The Seattle Times