Millennials On One Side and Move-Down Buyers On the Other

“Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).”

HousingWire – “Freddie Mac reports $3.3 billion loss in Q4” (2-15-2018)

“Freddie Mac, while reporting a profit for the full year in 2017, posted a more than $3 billion loss in the fourth quarter.”

Freddie Mac – “Mortgage Rates Continue to Climb” (2-15-2018)

“Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS^®), showing the 30-year fixed mortgage rate reaching its highest level since April 2014.”

The Registry – “The Barbell Is Crushing the Supply of Affordable Homes” (2-15-2018)

“If you need any further convincing that we need to build more lower-priced homes, take a look at resale supply.  The supply of low-tier listings (defined by Zillow as listings priced in the bottom one-third of home values in the market) have been declining steadily since mid-2014 and are down a whopping 20% YOY in the 31 largest housing markets.”

Forbes – “What Every Real Estate Investor Needs To Know About Apartment Property Managers” (2-15-2018)

“If you are looking for a way to diversify your portfolio while building wealth for the future, buying an apartment building could help you achieve both goals.”

Think Realty – “13 Steps to Real Estate Investment Success” (2-15-2018)

“In real estate, once the market begins to bounce back, investing in real property likewise turns into an all the more engaging thought – either as a profession or an awesome side job. Like any other undertaking, however, there’s a correct way and a wrong approach.”

Orange County Register – “Orange County missin 1-in-10 home sellers” (2-15-2018)

“Orange County house hunters have 10 percent fewer options as the homebuying season begins.”