Real Estate News 7.7.14

1.Housing market is a ‘crapshoot’
“The housing market is a “crapshoot” now, according to one of America’s leading real estate experts.”

2.All-cash home buyers big players in Capitol Hill real estate market.
“All-cash home buyers have been a force in the Capitol Hill and Central District real estate markets, too, but prices are now so inflated, even these flush buyers have begun to back off.”

3.The Realities of Real Estate: Different types of home loans
“When someone buys a home, they can either pay cash or finance the purchase. Increasingly, people are paying cash.”

4.What’s making US economy a world beater? 5 factors
” How does the U.S. economy do it? Europe is floundering. China faces slower growth. Japan is struggling to sustain tentative gains”

5.Second-half outlook: Housing
“What might heat up the housing market in the second half of the year? ”

6.The real estate gamble in Las Vegas: Year-over-year inventory up 51 percent in Las Vegas. Cash buyers fall by 20 percent from last year.
“If you really want to see the impact of cash buyers pulling out of a market look no further than Las Vegas. Las Vegas was the poster child of real estate mania and many California home owners contributed to the previous boom by tapping out equity and purchasing properties for flips or for the occasional gambling trip down the I-15.”

 

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