metros

Price rises brings more US home owners out of negative equity but still a drag on the market

There are fewer home owners in the United States underwater on their mortgages, but more than half of those who remain underwater owe at least 20% more than their homes are worth. The depth of negative equity alone will ensure that negative equity will continue to be a drag on the housing market even after […] The post Price rises brings more US home owners out of negative equity but still a drag on the market appeared first on PropertyWire . Continue reading

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Rising interest rates could have a significant effect on US property market

Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading

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Price growth in southern US now outperforming California, latest research shows

Housing markets in California are no longer the fastest growing in the United States as they are being overtaken by Florida, Texas and Tennessee, according to new real estate market research. With the latest index from real estate firm Zillow showing that home values have increased by 7.2% in the year to January 2017 and […] The post Price growth in southern US now outperforming California, latest research shows appeared first on PropertyWire . Continue reading

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