Kelsey Ramírez

Kelsey Ramírez

Kelsey Ramírez is a Reporter at HousingWire. Ramírez is a recent journalism graduate of University of Texas at Arlington. Ramírez previously covered hard issues such as homelessness and domestic violence and began at HousingWire as an Editorial Assistant.

ARTICLES

New home sales surge, beat expectations in February

Median home prices fall
New home sales surged in February, beating out expectations. However, even as home sales rose and inventory tightened, the median home price fell for the second consecutive month. In fact, new homes aren’t the only sales to see a relief in rising homes prices.
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Freddie Mac: Mortgage rates see greatest drop in months

30-year rate decreases even after Fed raises rates
Even after the Federal Reserve elected to raise rates in its March meeting, interest rates still followed the Treasury yield, which fell 10 basis points. In fact, this week’s decrease in mortgage interest rates marks the sharpest decline in months.
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Here are the top 10 metros for single-family rental investors

Average return dips slightly in 2017
Investors saw a slight dip in the single-family rental market, however overall, many metros are still hotspots for investment. In 2017, 86% of the markets analyzed saw a rise in fair market rents even while average wage growth outpaced rent growth in 67% of markets — a recipe for sustainable growth in the rental market.
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Existing home sales come down off 10-year high

January still shows annual increase
Existing home sales slipped down off last month’s decade-high, but remained above last year’s levels. But considering January’s drop in pending home sales to the lowest level in a year, this decrease comes as no surprise.
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What Trump’s tax cuts mean for affordable housing deals

Housing tax credits can determine if projects get off the ground
One of President Donald Trump’s priorities, tax reform, could threaten the affordable housing industry as fewer investors may be enticed to fund projects. Developers said investors are valuing the tax credit 10% to 20% lower since Election Day. The reduction in the credit’s value is already likely to cause a drop of about $1 billion in equity investment for the year.
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The Great Baby Boomer Retirement Plan: Downsize your life

Merrill Lynch study shows generation increasingly looks to rent
Baby Boomers are preparing for retirement and as they do, the generation is looking increasingly to downsize. Nearly half, in fact, are giving up on the dream of homeownership entirely. As humans live longer, many must consider a wide range of course corrections in order to enjoy a secure retirement.
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