MBA: Rising rental costs may drive home sales up

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Home sales could turn out sunnier than expected this spring based on data coming out of the rental market, according to economists at the mortgage bankers. mba: rising rental costs may drive.

First-time buyers made up 29 percent of existing-home sales in February. later this year may drive more of them to explore buying, said Stan Humphries, chief economist at Seattle-based Zillow Group.

If you’re a homebuyer and are keeping a close eye on rising mortgage rates, you may be wondering if higher rates will lead to a drop in home prices.. You may be thinking: If mortgage rates rise.

In Denver, a high demand for homes and a low supply of available housing will continue to drive up home prices in the city in 2018, according to the Denver Metro Association of Realtors’ Market Trends Committee. Rent is also expected to increase, as is the overall cost of consumer goods and services in the city.

Nearly 17 percent of those age 65 and older were employed in May, a 46-year-high and up from 15.5 percent at the start. later eligibility for Social Security and rising health care costs, said.

To understand how government-influenced interest rates, capital flows and financing rates affect property values, you should have a basic understanding of the income approach to real estate values.

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