- Obstacles Remain for the Housing Recovery
Considering how quickly the housing market has paced a recovery over the past three quarters, it would be tempting to assume that the rebound is so strong as to not face likely economic opposition. Property values have risen in tandem with new home sales, and America’s property sector has become so appealing that it is even attracting aggressive foreign investment. Homebuilder earnings have also jumped drastically, suggesting that positive gains in the housing market are having ripples across other sectors, especially corporate profits. In fact, much of the gains in the housing market seem to have emerged in the wake of dissipating anxieties, as consumer confidence has largely sustained positive housing sector behavior through the first months of 2013.
- Real Estate and Mortgage Joint Ventures Make a Cautious Return
Joint ventures between real estate agents and mortgage brokers, also known as in-house loan services, are once again gaining popularity among home buyers as the United States housing market recovers. These joint ventures were once considered to be very profitable for operators and a good option for house shoppers; these days, however, the regulatory climate and options available to house shoppers and borrowers are forestalling the success of new real estate and mortgage partnerships.
- Unpaid School Loans Weigh Down on Housing Recovery
Many first-time home buyers in the United States face more than just a difficult mortgage lending environment that prevents them from achieving the American Dream of homeownership. Student loans are increasingly becoming insurmountable obstacles that reduce home-buying opportunities at a time when the U.S. housing market needs first-time home buyers to sustain the ongoing recovery.