1.Slow and Steady Now Winning the Home-Price Race
“The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.”
2.Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage applications decreased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 5, 2014. This week’s results included an adjustment for the Labor Day holiday.”
3.Becoming a millionaire real estate crowdfunder
“Investors have always liked real estate for the opportunity to own real property and invest in something familiar that generates returns. Will the crowdfunding model for real estate prove as popular? I think it should, for three key reasons: increased accessibility, greater transparency and significantly fewer geographical limitations. ”
4.The economy has begun to recover, but mostly just for this group of people
“Upper-income folks have experienced rich economic recovery, while low- and mid-income families continue to lag, and consumer confidence is weak, according to recent reports that highlight a post-recession widening gap in the way differently situated households have fared.”