Do You Need to Know More about Forbearance and Mortgage Relief Options?Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners
2016 Housing Trends Rents To Go Up Even Higher
Dated: January 18 2016
Rental costs are skyrocketing, and the costs are likely to only go up in the new year. More than 85 percent of the nation’s markets have rents that exceed 30 percent of the income of renting households. “Rents are accelerating at a more rapid pace than home prices, which are moderating,” Smoke says. “Because of this, it is more affordable to buy in more than three-quarters of the U.S. However, for the majority of renting households, buying is not a near-term option due to poor household credit scores, limited savings, and lack of documentable stable income of the kind necessary to qualify for a mortgage today.”Source: “The 5 Real Estate Trends That Will Shape 2016,” realtor.com® (Dec. 16, 2015)
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$ 1,7003 Beds2 Full Bath1,917 Bldg Sqft.8,357 Lot Sqft.Rental - Single Family DetachedWelcome Home to 11431 Newton! This gorgeous 1 story home has been fully renovated with energy efficient features