Top Real Estate Markets of 2016

With real estate prices at the highest they’ve ever been, getting into a house in certain markets can be a daunting task. Out of 130 metro areas analyzed in June, about one-third are at all-time highs for real estate prices. Money magazine has additional information, here.

 

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Best Cities for Budget Real Estate

Realtor.com has an article today on the best U.S. cities to invest in budget real estate. Included in the top-ten cities are: Jacksonville, FL, (At #1), Chicago, IL, Detroit, MI, and Phoenix, AZ. You can read the report, and see the remainder of the list, here.

 

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Cash Offers Trump Financing in Competitive Markets

The New York Times has a piece on buyers beating out competition on sought-after properties by buying in cash, then securing financing at a later date. Depleting your savings to secure a real estate deal is not a sound investment strategy in most cases, but the article is worth a look. More, here.

 

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