Posts Tagged ‘fannie mae’

NAR Reports Decrease in Pending Homes Sales With the Pinch in the Market

April 27th, 2017

Today’s News Synopsis: Freddie Mac reported mortgage rates increased again after five weeks of decline with 30-year rates now at 4.03% and 15-year rates at 3.27%.  The National Association of Realtors reported a 0.8% decrease in pending home sales as prices are increasing and houses are becoming less readily available.

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Redfin Reports Decrease in Latest Housing Demand Index

April 25th, 2017

Today’s News Synopsis: The Commerce Department reported an increase in new home sales to their highest in 8 months, having increased 5.8% to 621,000.  At the same time, pending home sales did not show much change for the third month in a row.  Redfin’s latest Housing Demand Index also showed

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Fannie Mae Economic Outlook Does Not Expect Much Change This Year

April 17th, 2017

Today’s News Synopsis: The NAHB reported builder confidence remained relatively stable this month, having only decreased 3 points to 68.  Fannie Mae released their Economic and Housing Outlook for April, showing it remaining at 2% and not likely to change much this year.  Blueprint Robotics in Baltimore builds houses on

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Foreclosures for Q1 are Now Below Pre-Recession

April 13th, 2017

Sources: Vacation home sales plunged in 2016, as prices hit highest level in a decade Construction Jobs Dip Slightly Q1 2017 Foreclosure Activity Below Pre-Recession Levels Nationwide and In 47 Percent fo U.S. Markets Mortgage Rates Hit Lowest Mark of 2017 ‘Scream Queens’ Star Billie Lourd Flipping Cobalt Blue Contemporary in Santa Monica’s Sunset Park Jeremy Renner

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Following Crisis, More Lenders Wanted to Refinance Rather Than Sell

April 10th, 2017

Today’s News Synopsis: The latest celebrity to perform a real estate transaction, in this case flipping a home, is Billie Lourd, star of “Scream Queens” and daughter of the late Carrie Fisher.  Live and Invest Overseas just released their latest list of the top places overseas to buy real estate.

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Confidence in Housing Market Decreases Over Wariness in Job Market

April 7th, 2017

Sources: CoreLogic US Home Price Report Shows Prices Up 7 Percent in February 2017 Jumbo, Government Loans Drive Mortgage Credit Availability Increase in March Plenty of Beauty in U.S. Jobs Data Beneath Ugly Main Number Mortgage Rates Move Lower Afraid of a Bubble?  Buy Without Fear in These Top 10 Stable, Growing Markets What’s Old Is

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Townhouses Becoming the New Popular Homes

April 5th, 2017

Today’s News Synopsis: The latest Home Price Report from CoreLogic showed a 7% year-over-year and 1% month-over-month increase in home prices in February, and they are expected to increase 4.7% by next year.  The Commerce Department reported the construction of new homes are both adding to a stronger economy and

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Morgan Stanley Predicts a Peak in the Commercial Real Estate Market This Year

March 29th, 2017

Today’s News Synopsis: Pending home sales increased 5.5% last month according to the latest National Association of Realtors report, following a 2.8% decrease in January.  Analysts at Morgan Stanley predict we will see the commercial real estate market at its top this year, bringing an end to what is known

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Latest Case-Shiller Index Shows Prices at 31-Month High Year-Over-Year

March 28th, 2017

Today’s News Synopsis: The latest Case-Shiller National Index from S&P and CoreLogic showed a 5.9% annual gain in home prices, putting them at their highest in 31 months.  The latest report from the CFPB showed complaints regarding credit were much higher from December 2016-February 2017.  A new product was released

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Realtor.com Releases List of Top Places Where Millennials Choose to Live

March 27th, 2017

Today’s News Synopsis: Realtor.com released their list of the top ten places where millennials are choosing to live.  The National Association of Realtors, Commerce Department, and University of Michigan released four different charts showing why housing inventory seems to be an issue, the charts which cover prices, income growth, sales

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