Is Tampa Bay headed for another housing bubble? Not this time around
Helpful florida mortgage rate compilation The U.S. mortgage delinquency rate declined. falling delinquencies may help limit foreclosures and solidify a recovery in the housing market as low interest rates combine with decreased prices to.
Are We Heading Toward Another housing bubble? home flips have risen for the first time in four years as housing prices continue to increase leading experts believe there is trouble brewing in the.
Tampa Housing Market Predictions for 2019? Where’s the Market Headed? It’s been said that all good things must come to an end, but economists – who note that the U.S. economy is on its strongest roll ever – with the return of high employment – are not predicting a downturn in 2019.
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Last year in my Tampa Real Estate Insider blog I argued that, while housing bubbles are predictable from time to time, we are NOT looking at a housing market crash in the Tampa area in the next two years. Instead, realtors and industry experts are saying to be ready for a housing market shift.
Partly it’s due to the strength Tampa Bay demonstrated throughout 2018, in terms of both the housing market and the economy. Let’s briefly look back at last year. How Strong Was the Tampa Economy in 2018? Throughout 2018, it was clear Tampa Bay’s economy had gained considerable strength. It was an economy on steroids.
Contents Cook county circuit court judge Declined sharply thursday Entered loan amortization period. Otcqb: fnma) home purchase sentiment index A cook county circuit court judge has taken the unusual step of temporarily halting at least 1,700 mortgage foreclosures after a law firm told the court that. it’s a high-volume pattern and.
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So far this year, the 34 Tampa Bay franchisees have bought a total of 420 houses – twice the number as last year." The New York Times. "Interest rates have started to rise, and the housing market is cooling off, a combination that is putting a squeeze on mortgage lenders.
But we’re not here to add another talking-head pundit’s opinion to the mix. These ominous headlines do, however, beg a more real estate-focused question: How will the housing market be impacted should any – or all – of these issues come to a head? Adding insult to injury, however, is this recent article from the Tampa Bay Times. The.