San Gabriel Valley Real Estate

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Why millennials aren’t rushing to buy homes

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Why millennials aren’t rushing to buy homes

Walkability Is Good for You

Home-Builder Results Provide Muddled, Sober Outlook For 2015

The Gift of Home: Crowdfunding the Best Present Of All

WSJ Survey: Housing Dinged 2014 Economic Growth

Applications for new home purchases plunge

Exit Ramp for Fannie and Freddie Remains Closed

What you should know …

 The real estate equity position of U.S. households (the difference between assets and liabilities) increased nearly 1.6 percent for the third quarter, according to tabulations from the National Association of Home Builders.
 The market value of real estate held by U.S. households increased $180 billion dollars during the quarter, while liabilities (home mortgages) remained virtually unchanged. The value householdowned real estate, including owner-occupied and second homes, totaled $20.4 trillion for the quarter.
 Total home mortgage debt outstanding stands at $9.4 trillion. Recent developments in terms of housing values and mortgage debt outstanding have been largely driven by tight lending conditions and steadily increasing home prices.



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This entry was posted on December 20, 2014 by and tagged , .

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Contact Us!

Rich & Annie Reed
Long Dragon Realty
CalBRE# 01906230 & 01894384



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