Chinese Property Investors Widen Footprint In U.s.

Real Estate Investing With Cash? Why You Should Reconsider

ADS

U.S.

Real Estate Investing, It Isn’t Just For The Boys Anymore

But never before has there been such a massive wave of women taking ownership of the household finances using real estate. In watching this transition, I believe it’s due to a couple of primary factors. First, we all know that the real estate market peaked like never before around 2006, and then the bubble click here. burst and the market crashed. It reminded me of flying down Space Mountain in Disneyland. However, after the bottom comes the inevitable shift in the market, when it begins trending back up as we are seeing now.
For the original version including any supplementary images or video, visit http://www.huffingtonpost.com/dean-graziosi/real-estate-investing-it-_b_3588908.html

Are Rental Yields High Compared To Uk Interest Rates?

Property prices If we now put aside the comparison between UK base rates and property rental yields, and look at property prices on the whole, there are also other reasons why they are moving higher. It is becoming more and more evident that rental yields are likely to increase with rents up by 4% on average across the UK in August equating to an 11% year-on-year increase. This means that in real terms rents are rising by in excess of 8% at the moment.
For the original version including any supplementary images or video, visit http://www.propertyforum.com/property-in-the-uk/are-rental-yields-high-compared-to-uk-interest-rates.html

HEMET: Modified rental ordinance finally approved

The changes were made to benefit landlords who do not have problems at their properties. An ordinance requiring landlords to register their rental properties with the city, pay for inspections and undergo crime-free housing training was passed 4-1 on Aug. 27. Councilwoman Shellie Milne voted no, saying she liked the program but not the idea of charging click here landlords who already are paying business license fees to the city. When a fee schedule came up for a separate vote Sept. 10, it sparked more than 90 minutes of debate about the already approved ordinance.
For the original version including any supplementary images or video, visit http://www.pe.com/local-news/riverside-county/hemet/hemet-headlines-index/20130925-hemet-modified-rental-ordinance-finally-approved.ece

Rental houses higher occupancy rate than apartments in Tri-Cities

But now, property managers are seeing home rentals take the lead. Earlier this year, Jody Prior moved to the Tri-Cities with her husband and three girls. They planned to rent, not buy.
For the original version including any supplementary images or video, visit http://www.keprtv.com/home/video/Rental-houses-higher-occupancy-rate-than-apartments-in-Tri-Cities-225277832.html

Rent Versus Own

Enterprise wants subsidized rent to move into city garage

With every move, you discover things: the neighborhoods you like, the sorts of kitchens you prefer, and the fact that popcorn ceilings drive you crazy. You’re in a great position to buy. You know what you want, what you don’t want, and what you’d love to have. view website Renting ties you down until your lease expires and you’re free to move. But moving can be a hassle – a huge hassle – and that’s one reason why renters often become buyers. Do you really want to live in a place where you may be forced to move because your landlord wants to move in?
For the original version including any supplementary images or video, visit http://www.examiner.com/article/rent-versus-own

The Downtown Investment Authority was asked to approve the deal Monday night — just 24 hours before it is slated to be voted on by the full council and days after two City Council committees already approved it. The authority board tweaked the deal before signing off on it, but there’s no guarantee its input will make it in front of the full council, although Councilwoman Lori Boyer , the DIA liaison to council, said she would request the bill be re-referred to committee so members can consider the changes. The board changed the deal to say that renewals after the first five-year term would be done at market rates instead of the minor increases outlined in the current lease a a move that prompted an ultimatum from an Enterprise spokesman. The spokesman said that although the company is on a month-to-month lease in its Omni location, “locked-in terms with 20 years is the only way we will sign leases,” because of Enterprise’s investment in building out the storefront. The lease would be a five-year deal with three five-year renewal options for 1,081 square feet of storefront space and 26 parking spaces in the Main Library garage at 33 W.
For the original version including any supplementary images or video, visit http://www.bizjournals.com/jacksonville/blog/morning-edition/2013/09/enterprise-wants-city-subsidy-to-move.html

A Top Developer’s Recipe For Controlling China’s Housing Prices

Homebuilders Show Housing Recovery Hasn’t Crumbled Yet

ADS

U.S.

Facing A Housing Bubble? New Zealand May Have The Answer

Eight Takeaways on Mortgages After the reference Housing Bust

True, Canada — along with Israel, Singapore and South Korea — has tried its hands at macroprudential tweaks, but with limited success. New Zealand’s are taking the form of what bankers are calling a “10/80 rule,” whereby only 10 percent of new mortgages underwritten can have to loan-to-valuation ratios of more than 80 percent. The measures are designed to cap household debt as much as head off an asset bubble.
For the original version including any supplementary images or video, visit http://www.theage.com.au/business/world-business/facing-a-housing-bubble-new-zealand-may-have-the-answer-20130924-2uaxj.html

The share of FHA borrowers with incomes above $100,000 has nearly doubled since 2007, to around 15%, according to the Fed researchers, but the median incomes of FHA borrowers was still 40% lower than incomes of borrowers taking out conventional loans. 3. Large racial and ethnic wealth gaps persist. The number of loans for home purchases by Asian and white borrowers increased by 15%, while lending to African-Americans and Hispanics increased at less than half that rate.
For the original version including any supplementary images or video, visit http://blogs.wsj.com/economics/2013/09/23/eight-takeaways-on-mortgages-after-the-housing-bust/

Local Control Over Affordable Housing

Palmer won, rolling back in the process not only L.A.’s very modest affordable-housing law but also all inclusionary zoning laws around the state. Moneyed interests learned their lesson: Instead of fighting local policy decisions, they could get Sacramento to strip cities of the power to make their own laws. The perverse result is check it out that too many local officials have been shielded from responsibility. In Los Angeles, for example, officials no longer have to wrestle with whether to adopt citywide inclusionary zoning.
For the original version including any supplementary images or video, visit http://www.latimes.com/opinion/editorials/la-ed-inclusionary-zoning-ab1229-20130919,0,5120878.story

Unstable Housing Market Blamed For Drop In Casual Dining

During the first-quarter, it fell below its competition, experiencing a 4 percent decline in sales in stores 16-months old or older. Yet, during the most recent month, it showed a small increase above the others. Its a broader industry problem, stated Jeffrey Bernstein, senior restaurant analyst with online Barclays. According to Chris Muller, a restaurant professor at Boston University, Olive Garden, probably more than any other company in the entire industry, is smack in the sweet middle-class mindset. It is middle class and the middle class right now is suffering. With higher mortgage rates, home sales have slowed, and potential homebuyers are spending less. Also, the fewer homes that are built, the less jobs are created. It is estimated that three jobs that last for a year are created for each single-family home built.
For the original version including any supplementary images or video, visit http://guardianlv.com/2013/09/unstable-housing-market-blamed-for-drop-in-casual-dining/

Housing prices rise again

But now those owners are energized by the price increases and eager to capitalize on the rebound. “They say, ‘OK, good, now it’s my turn,'” said Cathy Prenner, an agent for Campbell and Rosemurgy in Lighthouse Point. Statewide, the median price for existing homes hit $175,000, up 19 percent from a year ago, the Florida Realtors said. Sales increased 13 percent.
For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/fl-august-home-prices-20130920-7,0,370292.story

Housing Market: 5 Years Later

Smith says home prices began to improve in 2011 when the market had almost digested the crisis and left the average median home price at $166,100. Now he says the average price is $213,500 — up 15% from last year. Rising prices will also help maintain the recovery because it changes a homeowners mindset.
For the original version including any supplementary images or video, visit http://www.foxbusiness.com/personal-finance/2013/09/16/housing-market-5-years-later/

Private U.s. Mortgage Insurers Revitalized By Housing Pickup

The proportion will keep rising as home prices appreciate and their main competitor, the Federal Housing Administration (FHA), charges higher premiums, analysts and executives said. Mortgage insurers cover losses when homeowners default and foreclosures fail to recoup costs. Typically, coverage is required when homeowners make a downpayment of less than 20 percent on a property. Companies such as Genworth Financial Inc (GNW.N) and Old Republic International Corp (ORI.N), as well as Radian and MGIC, were left nursing losses after selling billions sites of dollars of low-priced policies before the market crashed in 2008. As a result, the FHA’s share of mortgage insurance ballooned to a high of around 70 percent in 2009, according to specialist publication Inside Mortgage Finance. But the agency’s share has been falling as it has reduced its market exposure and raised premiums to replenish dwindling cash reserves.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/19/us-housing-insurers-idUSBRE98I0U620130919

Housing Market: 5 Years Later

Someone who is 5% underwater in an environment of falling home prices might be discouraged and more likely to walk away from a mortgage; if they are underwater but home prices are rising, they are more likely to stick it out, says Kolko. The importance of homeownership has faded over the last five years as consumers shy away from the idea that real estate is a sound investment. Newport says the homeownership rate shot up in 2005 to 69%, and is now around 65%. He expects the rate to fall to levels not seen since the 1960s.
For the original version including any supplementary images or video, visit http://www.foxbusiness.com/personal-finance/2013/09/16/housing-market-5-years-later/

Navy Housing Booted Gunman After Complaints Of Noises In Linen Closet, Sources Say

17, 2013, the day after a gunman launched an attack inside the Navy Yard, spraying gunfire on office workers in the cafeteria and in the hallways at the military installation in the heart of the nation’s capital. More: Navy Yard Shooter Cursed Woman in Wheelchair in Days Before Rampage Three days later, Alexis called Newport, R.I., police with a strange story about hearing voices in his head and being under surveillance by shadowy forces after an altercation at a Virginia airport. The public already knows much of what followed — including trouble-filled stays at a Marriott in Newport, R.I., visits to a Veterans Affairs medical facility there and then a trek to the Washington, D.C., area.
For the original version including any supplementary images or video, visit http://abcnews.go.com/US/navy-yard-gunman-complained-noise-linen-closet-kicked/story?id=20310445

Housing Starts Up in August

This was 0.9% higher than July, and 19% up over the same month last year. Housing completions were also up by 0.3% compared to July, and by 12.1% over August of 2012. Slightly more disconcerting was the trend in building permits, which are widely [read] viewed as a leading indicator of both starts and completions. On a sequential basis, they were down by 3.8%, though single-family permits were higher by 3%.
For the original version including any supplementary images or video, visit http://www.fool.com/investing/general/2013/09/18/housing-starts-up-in-august.aspx