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21 October 2016

Real Estate Resource Roundup – 10/21/16

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It’s hard to believe but there are only 71 days left in 2016!

Make the most of the rest of the year by working hard, being proactive, and keeping up with the industry with our real estate resource roundup:

 
7 Graphs That Show the Real Estate Market Is Back! [Infographic]
Take a look at recent data that proves the real estate market is booming with activity!

More Single-Family Homes Are on the Way
Builders started on more single-family homes last month, boosting production by 8.1 percent to a seasonally adjusted annual rate of 783,000 units, reported this week. This is the highest rate since February.

Women [Still] Better at Paying Their Mortgages
A new report shows that women are better than men at paying their mortgages on time, and are better with finances in general. The new study also shows that women are less likely than men to go into foreclosure.

New Data Shows How Student Loans and High Rent Impact Homeownership
Student loan debt and high rent prices continue to burden the homeownership outlook, according to data from the fourth annual housing survey from NeighborWorks America. Nearly 60 percent of renters wish that their next housing move would be into homeownership.

Freddie Mac: Mortgage Market Soaring in 2016, Will Fall Back in 2017
Freddie Mac continues to believe that mortgage lending is on track for a big year this year but now expects the market to tap the brakes in 2017. Find out why here.

Why Housing Numbers are Not as Horrible as They Look
September housing starts came in 9 percent below August and 12 percent below September 2015, according to the U.S. Census, but those big drops belie a huge improvement for the market. The drop in housing starts was driven entirely by a big swing lower in multifamily construction.

The Economy Is Growing — What’s That Mean For Home Sales?
An August report from the U.S. Department of Labor showed the second consecutive month of strong employment growth, stable unemployment, and higher wages, factors that could be triggering a growth in home buying interest among millennials.

In case you missed it here on Clean Slate, we took a closer look at the BHGRE® Real Estate Investing Trends survey and revealed some surprising data! As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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