It’s no surprise that the housing market is looking to change in the coming year. As basically everyone has stated, mortgages are likely to go up, inventory is going to be tighter, and the cost of building is going to be more expensive. But what does this mean as a real estate investor? After all, real estate investing in 2017 is going to be different than just being interested in the market.
First things first, let’s see what the actual projections are. Then we can see what that means for real estate investing in 2017. (more…)