Most mortgaged metros in USA

images-22LawnStarter, a lawn care provider, put together data from the U.S. Census Bureau to showthe 14 metros with the highest percentage of homes with a mortgage. LawnStarter used Census Bureau data from the largest 100 metro areas in 2015 and compared the number of owner-occupied homes to owner-occupied homes with a mortgage in each metro.

14. Salt Lake City, Utah

Number of owner-occupied homes: 249,644
Number of owner-occupied homes with mortgage: 180,785
Percentage of owner-occupied homes with mortgage: 72.4%

13. Sacramento, California

Number of owner-occupied homes: 474,156
Number of owner-occupied homes with mortgage: 343,477
Percentage of owner-occupied homes with mortgage: 72.4%

12. Portland, Oregon

Number of owner-occupied homes: 550,790
Number of owner-occupied homes with mortgage: 399,066
Percentage of owner-occupied homes with mortgage: 72.4%

11. San Francisco, California

Number of owner-occupied homes: 903,500
Number of owner-occupied homes with mortgage: 656,117
Percentage of owner-occupied homes with mortgage: 72.6%

10. Virginia Beach-Norfolk-Newport News, Virginia

Number of owner-occupied homes: 388,768
Number of owner-occupied homes with mortgage: 283,044
Percentage of owner-occupied homes with mortgage: 72.8%

9. Indianapolis, Indiana

Number of owner-occupied homes: 484,654
Number of owner-occupied homes with mortgage: 352,902
Percentage of owner-occupied homes with mortgage: 72.8%

8. Seattle, Washington

Number of owner-occupied homes: 861,541
Number of owner-occupied homes with mortgage: 632,110
Percentage of owner-occupied homes with mortgage: 73.3%

7. Atlanta, Georgia

Number of owner-occupied homes: 1,248,726
Number of owner-occupied homes with mortgage: 919,180
Percentage of owner-occupied homes with mortgage: 73.6%

6. Provo-Orem, Utah

Number of owner-occupied homes: 106,725
Number of owner-occupied homes with mortgage: 78,739
Percentage of owner-occupied homes with mortgage: 73.7%

5. Colorado Springs, Colorado

Number of owner-occupied homes: 161,617
Number of owner-occupied homes with mortgage: 120,943
Percentage of owner-occupied homes with mortgage: 74.8%

4. Oxnard-Thousand Oaks-Ventura, California

Number of owner-occupied homes: 170,602
Number of owner-occupied homes with mortgage: 127,747
Percentage of owner-occupied homes with mortgage: 74.8%

3. Raleigh, North Carolina

Number of owner-occupied homes: 303,885
Number of owner-occupied homes with mortgage: 229,349
Percentage of owner-occupied homes with mortgage: 75.4%

2. Denver, Colorado

Number of owner-occupied homes: 677,167
Number of owner-occupied homes with mortgage: 515,339
Percentage of owner-occupied homes with mortgage: 76.1%

1. District of Columbia

Number of owner-occupied homes: 1,352,332
Number of owner-occupied homes with mortgage: 1,069,934
Percentage of owner-occupied homes with mortgage: 79.1%

Tips for buy a home

unduhan-34While this is great news for sellers or homeowners, the news isn’t as welcome to potential homebuyers.

While some news reports, like this one here, as well as online real estate listing services, such as Trulia, say now is a good time to buy a home, mortgage-wise, there are several other factors to consider before jumping into the housing market.

In other words, here’s why you should wait to buy a home.

Inventory also remains down as less than 450,000 new listings came on the market in September, while the median home price rose 9% from last year to $250,000, a new high for the month, according to the data from realtor.com.

In August, Lawrence Yun, the National Association of Realtors Chief Economist, said that without new housing construction, the housing recovery could stall.

Housing inventory declined annually for 15 consecutive months, and properties closed 11 days quicker than August last year, according to the Pending Home sales report by NAR.

These constraints keep home buyers out of the market, despite mortgage rates being at historical lows. Last week, the 30-year fixed rate mortgage decreased again to a 10-week low, according to Freddie Mac’s weekly survey.

This trend looks like it will continue not just in the fall, but even into 2017.

The trials that plagued the California housing market in 2016 aren’t expected to get too much better in 2017 as the real estate market is projected to face another year of supply shortages and affordability constraints, according to the “2017 California Housing Market Forecast” released by the California Association of Realtors.

And California isn’t the only hot market. HousingWire recently took a deeper look into Dallas’ housing market as we raised these questions: At what point does a booming market become an overheating one? Can we really pinpoint when San Francisco crossed the line? Has Dallas crossed it yet?

While it may not have crossed the line just yet, there is no doubt that affordability constraints continue to tighten in the city.

Nationally, home affordability is at its worst level in seven years, with 24% of the U.S. county housing markets less affordable than their historic affordability averages in the third quarter, the most recent ATTOM Data Solutions Home Affordability Index for third quarter 2016 recorded.

However, not all hope is lost. The most recent S&P CoreLogic Case-Shiller Indices results showed that household incomes are actually rising faster than home prices, leading some experts to believe the affordability crisis could be almost over.

Housing price bubble on the horizon

images-23Millennials are more likely than other generations to expect a price bubble and correction in the next two years with 60% of Millennials versus 47% of the total American population.

Prospective first-time homebuyers in particular are nervous about market instability – only 25% of these Millennial non-homeowners are confident that the 2008 housing crisis will not happen again in their lifetimes, according to the index.

With that said, 70% of Millennials still say the American Dream is alive and well, they just describe it different than previous generations. They prefer to own a home, but don’t want to be tied down.

In fact, 83% of Millennials claim that their definition of the American dream is “owning a home on my own terms while staying mobile, agile and financially secure.” About 81% of Millennials plan to live in their current home for less than five years.

The index shows that 76% of non-homeowners want to buy a home, however only 38% are confident they can afford a down payment.

And it’s no wonder. In some areas, the lack of affordable housing is making it much more difficult for students to continue in their career, much less buy a home after they graduate.

Student loan debt is playing its biggest role in the mortgage process yet, and it doesn’t look like it’s changing anytime soon. After all, many Millennials have yet to finish college, and the tail end of the generation is barely 18.

But some experts say that while student debt has a bigger role, it’s not necessarily the worst thing to ever happen to housing. Here’s why.

Either way, like it or not, Millennials are currently the largest generation, and the future of housing. According to Freddie Mac, they are the key to improving the homeownership rate.

The Best Advice About Houses I’ve Ever Written

What You Need To Know When Investing In Real Estate? As you buy real estates, properties, lots and houses in Portugal, then you should consider a lot of things before you decide where to invest. Here are some important points that you should take note when investing in Portugal. If you keep on worrying about the huge rent you pay on a monthly basis, then it might be best that you invest on real estates today. There are hundreds of houses and properties that are for sale in Portugal, so make it a point that you do more research and choose the best deals. Keep in mind that it is important that you consider the various features that are offered when you want to purchase a particular house or property, make sure that you choose the one that is suitable for you. When you buy Portugal property, then this will surely a be a great investment for you especially when you want to build a retirement or vacation house. Aside from this, there are a lot of great destinations that you can visit in Portugal. When you plan to buy real estate in Portugal, it is also important that you consider factors like easy access to transportation systems, hospitals, and supermarkets as well.
Lessons Learned About Options
When you live in Portugal, you will certainly notice that the climate is just great. You should know that Portugal has low humidity conditions and this would be great for you if you want year long sunshine.
Questions About Properties You Must Know the Answers To
There are many reasons why you should buy real estate in Portugal such as enjoying various outdoor activities. Some of the outdoor activities that you and your family can enjoy would include fishing, surfing on the seas, and even climbing on the mountains. If you want, you can also do biking and hiking activities. It would also be a good idea to search online for some activities that you also might want to experience. When you buy real estate in Portugal, you should also consider the security of the location. You should always consider this especially when you have family and kids staying with you. Always remember that having a safe environment and peaceful atmosphere is something should be one of your top priorities. You should also check with the neighbors if they are peaceful, loving and caring. It is therefore best that you consider all the important details and features when you are looking for real estate in Portugal. It would be a great deal for you if you do more research about Portugal properties as well. If you want, you can also buy a luxury property in Portugal, just be sure that you check the place personally first and choose a place that you feel comfortable with. Make sure that you find that dream house you always want in Portugal!

Houses – My Most Valuable Advice

Living In Portugal – Why Buying Real Estate There Is Great People who are planning on moving to a new home. But have you thought about relocating to a new country where there will be greater opportunities? You should consider going to a new place like and buying real estate there where there are new things to see and do. There are a lot of reasons why you should buy real estate in Portugal because the country is such a breeze and the place is so peaceful and wonderful. Portugal is known for its wonderful weather, really good for outdoor activities. It will not matter if you transfer to Portugal because the weather there will be mostly sunny and you will feel the warmth caressing you as you go. Since you are new to the place, looking for a new home will be troublesome if you get lost so it will be good to have a professional real estate agent with you so that you will be guided properly. Do not worry because the real estate agent will help you look for the best real estate in Portugal for sure. You will have to know the weather in the place and make sure that you will like it so that you will enjoy your stay in Portugal. Someone who likes a warm and sunny place will surely enjoy Portugal. Portugal is such a wonderful place because of the wonderful sceneries and they also have one of the best weather so what more do you want? It is all in Portugal. Everything in Portugal is true, if you doubt it you can research. Portugal is really a wonderful country. The people in Portugal will really be of help to you.
Interesting Research on Homes – Things You Probably Never Knew
Portugal is known for the great beaches it has and the sun will also be a good thing in getting that tan you always wanted. Portugal is the place where there are so many tourists because of the beaches and resorts it has are really wonderful. Portugal has so much to offer, it is even known to have the largest artificial underwater park in the world Location is important in any real estate so make sure that the real estate you will be buying in Portugal will have a good spot, meaning near the school, near a hospital and other needed things like stores and such.
5 Key Takeaways on the Road to Dominating Options
Why buy real estate in Portugal? There are so many reason why you should live there, the country is amazing and there are so many things you can do and so many new opportunities.

Discovering The Truth About Services

How to Conduct Passive Investing

It is always advisable that young people should invest, it gets to make sure that you can be able to shape your future and also makes sure that in no time, you can be able to improve yourself, since everyone is more on looking for jobs, who not utilize a little bit of your time in something else like investing since it will bring about more advantages. Therefore, after making the decision of investing, you can be able to make sure that you have another income of money, meaning, you can be able to make more money from time to time thus making sure you spend it wisely, you might get to find people without money, but they have been able to invest it wisely.

Amongst the best ways of investing is by carrying out passive investing, it is more of triple net investing, that is, if you have a space in which you would like to rent out, you can do so thus being able to leave all the duties to the tenant. One of the popular means through which you can have such an investment is through triple net leasing, some might have heard of it while others have not, all that you need to do is utilize the space that you have and look for a tenant, the advantage will be that you will be collecting rent from time to time be it monthly or annually and the tenant will be dealing with the expenses.

Triple net leasing will therefore bring about lots of advantages, one of them will be that you never get to pay any taxes, that is, your tenant will be the one who will be handling all the taxes, this might get to make the rent cheaper but you are sure that you do not have to pay anything from the rent that you have collected. On the other hand, it is always much better while conducting triple net leasing since you do not have to cater for any maintenance and insurance costs, it will always be up to the tenant, and it will not ever be a part of the rent.

Therefore, investing requires you to make some wise decisions thus making sure you can be able to make more out of it, getting to ensure that you can invest passively will ensure that you can grow much faster thus being able to make use of the profits you are gaining. More so, you can be able to ensure that within no time, you can find greener pastures in which you can invest, being able to invest will need some determination so that you can succeed; likewise, you need to conduct a research on the best means in which you can invest.

Source: http://www.yourfinanceformulas.com/2017/01/maximising-your-profit-from-that.html#.WHyT5LaLTMU

The Best Advice on Resources I’ve found

A Guide to 1031 Investing

Investors are usually faced with challenging situations in making quality decisions on areas of investments so as to be assured with the best gains bearing in mind that one is required to make tax payments on profits made from a certain investment. There are various investment procedures that have been outlined in 1031 investing platforms to enable investors to defer taxation by reinvesting the gains from the relinquished property making it possible for investors to be fully motivated and to acquire more assets. Therefore, it is the responsibility of all property investors to ensure that they research deeply about 1031 investment platforms in order to be assured with the best investments that comes along with improved gains.

Though, the highly promising 1031 exchange program is very long and challenging, investors are required to understand all the essential details for easier compliance with 1031 investing guidelines which involves purchasing a new property that is similar to the disposed one for quality reinvestments. It is incredibly true that the encouraging 1031 investment guidelines enable the investors to defer taxes on the profits gained from the initial sales of the property since they are advised to redeploy their capital into greater or like-kind properties within the same line of business. The beauty about the important 1031 exchange is the fact that investors are expected to have a comprehensive study of the real estate markets so as to ensure that reinvestments are carried out when the prices are comparatively reduced.

It is incredibly true that the convenient 1031 investing rules and regulations provide an outline of the specific period within which the seller is required to research intensively about the new property and make purchases to validate the 1031 exchange. Moreover, the important 1031 investments comprises of various exemptions in the type of the property being invested ranging from inventory, notes or bonds, securities or dept, interests gained from partnership, stocks and trust certificate. Highly trusted 1031 investment procedures require the price difference after purchasing the replacement property at a price lower than the disposed property to be fully taxed for compliance with tax laws.

The amazing thing about the highly appealing 1031 investments is the fact that the purchase price of the replacement property should be greater than or equal to the net sales of the relinquished property while all the equity gotten throughout the transaction to be used in purchasing the new property. In addition, the caring investors in 1031 investing make sure that they incorporate highly qualified intermediary companies who ensure that all the funds involved during the transactions are handled and transferred professionally until the closing agents are satisfied. In conclusion, the reliable 1031 investing rules reveals that the intermediary professionals are required to put together all tax forms used during the transaction for security purposes while all 1031 guidelines that relate to the whole process are as well documented.

Source: http://www.theculturesupplier.com/finance-details/smartbuy-smartclever-investment/

Investments – My Most Valuable Advice

How to Invest Like a Pro

There are many mean to making money nowadays, it is not necessarily that you are employed, investing can be something you can make some income out of, more so, you can be able to work a full-time job while still investing your outcome so that you can get to ensure that the actual income will be greater. Investing will, therefore, require someone who is focused, someone whose main goal is being able to succeed and make use of any opportunities that might arise, while investing, you always need to make sure that you make a wise decision and also that the decision made will be of help to you, being focused will make sure that you can be able to make some profits.

As a young investor, you will need some guidance to ensure that you can succeed, anyway, you can be able to succeed by yourself, but it is better, and you get to take a lesser risk with some guidance from a friend or even a relative. By getting to learn from someone, you get to lower the risk, more so, you will be able to make sure that you can invest in a place which you can earn some profits, therefore, you will be able to take some baby steps and also be able to make sure you find the best means of investing.

At times, you might not have someone with whom you can refer to for some investing advice and clues, however, you can make use of the internet to figure out the best investment opportunities, doing so will make sure that you get to make some profits step by step until you become good at it. More so, always get to make sure that you can make proper use of the information attained so that you get to find the best means of investing, being keen will ensure that you do not have any opportunity pass you by, likewise, through the use of the internet, you might get to find some forums in which people get to invest.

Amongst the best means through which you can get to make money is through the use of passive investment, some might not know if this but it gets to make sure that you do not make any losses, likewise, you will not have the responsibility of taking care of any expenses like taxes, maintenance and also insurance. Getting to look for such organizations will ensure that you have found a reputable investment in which you can get to make some money, likewise, you will be able to ensure that you can make your investment choice be it in property or even getting to know how much you can get to make.

Source: http://www.yourfinanceformulas.com/2017/01/maximising-your-profit-from-that.html#.WHyT5LaLTMU

The 10 Best Resources For Resources

Why People Choose Passive Investing

A lot of experts in investment recommend the use of diversified index funds whenever someone decides to engage in passive investment. Although it might be too complicated or detailed in the surface, it is worth the process as it concerns a majority part of your assets. This is a must if you are serious in investing your money.

What is the easiest definition of passive investment? For some people, passive investing is a way of increasing your assets without doing much personally.

Experienced investors defined passive investment as a strategic move in investment where there is no required participation to regular investment activities such as buying or selling stocks. Passive investors would acquire stocks or invest in a business far longer than those who are doing active investment.

You might be more familiar to the term buy and hold or couch potato strategy which are exactly the same as passive investment. The basics strategies for passive investing are accurate research, diversified portfolio and a lot of patience. This is not the case for active investors who are being opportunistic to the changes in the stock market. It is a notion that passive investment would be more profitable if it is a long-term investment.

Those strategies used by active investors such as distinguishing attractive and unattractive security, forecasting stock prices and time markets are not useful in passive investment. Passive investors have their main income from the average returns of asset classes which are widely distributed across the broad sectors in the market which is not applicable in active investment. The information needed by the passive investors are entirely different from the information which active investors are using. They acquired their portfolio asset indexes that meet the standard risk and return ratio backed by empirical studies. The diversified asset classes are long-term investment which passive investors would re-balance periodically.

Meanwhile, active investors are primarily securing their earnings through getting the upper hand on the buy and sell activities in the market using their intelligence. The potential of making money quick attracts the investors to rely on active investment. Active investors could buy and sell multiple stocks daily if they can get better deals from the attractive stocks in the financial market. They believe that they can earn more profit through active investment compared to waiting for an average market returns. In order for them to achieve their goals, they would actively search for valuable information which they can use to circumnavigate the complex trading systems.

People who want a secure and less risk investment would prefer passive investment for their assets instead of the unpredictable and ever-changing active investment. Remember to have a thorough market research, be selective on securing assets and be patient to succeed in passive investment.

Source: http://www.yourfinanceformulas.com/2017/01/maximising-your-profit-from-that.html#.WHyT5LaLTMU

Short Course on Resources – What You Need To Know

Why Passive Investing is Smart

Nowadays, there are various ways in which people make an income, investing is one of them, you might get to find that someone is employed, and also they always get to make sure that they have invested their income; therefore they will be able to make some profits eventually thus being able to better their lives. There are many ways through which people get to invest, you will find most people taking risks while others are looking for risk free means, it will all be in how you get to make your choice, if you want a riskier venture, the more the returns, a low-risk venture has lesser returns but no loss.

By getting to make a decision to invest, you should be able to make sure that you have been able to find the best means of investing, amongst the easiest and also the safest means is passive investing, getting to do so will make sure that you have the ability of making some profit and also have some minimal risks. By conducting passive investment, you get to find that it is similar to triple net investing whereby you get to find a space in which you can rent out, that is, looking for a tenant and rent them a room or a building, doing so will ensure that your profits will be sorely the rents being paid without having to encounter any deductions, meaning that the tenant will be settling the bills that have to do with taxes, insurance and also maintenance while still paying the agreed rent.

Therefore, you get to find that passive investment has become a choice for many, the problem, however, will come in when you do not have a space in which you can be able to rent out, some organizations like 1031 Gateway will make sure that you can be able to find a space in which you will be able to rent, the property can be theirs or even yours according to your preferences and you will be able to make profits. It gets to make sure that you can be able to invest, make some profit while you are also able to pay them a reasonable fee, likewise, they will be able to guide you through the entire process.

Patience is something that you should practice while investing, at times, you might get to invest and find that the opportunity will not be able to give you some profit for a time, do not rush to withdraw your investment, give it some time so that it can be able to blossom for you to be able to gain some fruits off of it. While investing, also get to ensure that you do not put all your eggs in one basket, you will be able to spread the risk thus making sure you get some income at all times.

Source: http://www.theculturesupplier.com/inspire-to-be-inspired/boost-quality-lifebenefit-business-build-finances/

The Best Possible Behavior for The Younger Generation to Develop

If perhaps all of the knowledge coming from all the wise men and women on the planet may be abridged into one particular recommendation and given to every single young adult at the outset of his or her grownup daily life it would be this: Develop into a saver. Just look at this site. Very few habits in your life is going to be able to bless a person to the point that this one might. Resist the need to accumulate financial debt right at that moment that you observe your closest associates buying cars, shelling out generously, along with accepting the sort of obligations that will require them to have to work hard for many years to repay. Many will really some day expire even now struggling with debt – is this truly what you need? It is really not. Learn how to develop frugality very early and it’ll pay off in the future.

For example, read this official site pertaining to hosing brokers. It includes recommendations for many things, like how to get the most effective interest levels and also mortgage loans when selecting a home. You may or probably are not willing to obtain a house currently, nevertheless the day will come when you’re, and at that period it is going to really make a difference greatly to you. What many young people forget to perform is usually to research the upcoming to consider the things that are going to one day tend to make a difference to these people. The time to start out prepared to remain in that wise and elite lot of people who’re supplied the best costs and also loan items is actually this day..

It takes years to create a good credit, and having excellent credit could very well be the primary aspect in the particular system for you to get the most effective in life. The financing bureaus have a tendency to look at things like regularity inside a man or woman’s transaction history, one’s financial debt to credit proportion, along with whether you have enjoyed a home foreclosure or even stated individual bankruptcy. Since they can be willing to delay satisfaction about several things and use prudence along with perception upon others, it is possible to in the end conserve a large amount of bucks. Illustrations include using a used vehicle, getting a second job, and establishing the objective of financial freedom from a young age. Visit this webpage here pertaining to more information.

Houses – Getting Started & Next Steps

Choosing a Custom Home Builder

Nowadays, things get to change from time to time, you find that some people might prefer getting to purchase a home, others get to prefer building one, the decision always gets to rely on the home owner and also your patience, if you are patient enough to build a home for a few months, then it would be the best way to go. Therefore, you find that the decision will always be yours, that is, if you cannot be able to wait for a home to be built, just purchase one since you can move in immediately, on the other hand, if you would like to build a home, you get to attain more benefit, one of them being that you can be able to have your dream home.

While building a home, you have to make sure that it is the dream house, therefore, to achieve this, you need a professional and a competent contractor, you have to take some time to conduct an evaluation of the available contractors thus making sure that you are contented with the choice you have made, likewise, you will be able to make sure that you can get your dream home without any flaws. Get to ensure you find a competent contractor, someone who can ensure that you find a great design for your home, to have a great design; you will have found yourself also a unique home which can always get to stand out within the neighborhood.

Therefore, the first thing that you should look for in a contractor is the certification, each and every contractor should always have a construction certificate, doing so ensures that you have a professional who can be able to ensure that they build you a great home at all times. Furthermore, get to make sure that you can look at the location, you always need someone from the area thus making sure they can be able to remain focused on building the home until it has been completed; likewise, you can easily be able to access them at all times.

Conducting the evaluation of the best contractor whom will help you build your custom home will have to include the use of the internet, online resources are much easy to use thus making sure you can customize your search, that is, you will be able to find a contractor whom can fit in your preferences thus being able to hire the best. With the use of online resources, you get to ensure that you find a professional someone who can be able to provide you with the best custom home and also ensure that you are contented.

Source: custom homes in lancaster pa

The 4 Most Unanswered Questions about Resources

Is There a Way to Find the Best Real Estate Agent? Currently, you might have plans of having a new home bought or you want to sell your current home. But it does not matter what your plans are for the reason that it is for the best that you find the best real estate agent. But before moving on, are there any differences between the realtors and the real estate agents? You will be able to encounter real estate agents and realtors. What you need to know about these two terms is that they are not synonymous in any way at all. The license to represent a seller or a buyer in exchange of a commission for a real estate transaction is what the real estate agent has. Most of the time, the real estate agent works for a realtor or a real estate broker. A license is also in the hands of the realtor but the difference is that he can have the real estate sold as a broker or an agent.
Businesses – My Most Valuable Tips
There are important questions that you will need to ask when you will be on the search for the best real estate agent.
Why not learn more about Agents?
Referrals is what you should be able to gather and these should come from relatives, friends and colleagues as well. If a positive experience is what the client had with the real estate agent then it is for sure that he will be recommended. The reason as to why the experience was a good one will for sure be explained as well. It is also for the best that you will be able to ask for referrals from the real estate agent. The mortgage brokers and financial institution representatives are in fact the best kinds of professionals that you should ask. Another option for you to be able to find the best real estate agent is for you to pay a visit to the open houses. Ensure that you will not forget to focus on the quality of promotional material provided, manners and appearance and professionalism of the real estate agent. All of these can be seen in the open house. Can you see that the real estate agent is well knowledgeable with the local market and the property? Are the visitors ignored by the real estate agent or does he point out the features of the house? If you like what you see in this real estate agent then make sure that you make notes of what you have observed. Make sure as well that you will be able to get the business card of the real estate agent. Prior to making a final choice, it is important for you to interview the real estate agent first. In the interview, you should be able to ask for references.