Posts Tagged ‘NAHB’

Store Wars….Trader Joes, Whole Foods…..ALDI???

August 15th, 2017

Today’s News Synopsis: Attom Data Solutions shows you what grocery store is better for investors.  The NAHB reported builder confidence increased this month by 4 points and now stands at 68.  Affordable homes are becoming more and more rare, leaving many more having a harder time finding a place to live. In

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“Sellers Need a Trusted Adviser (Realtors) They Can Lean On”-Zillow

August 10th, 2017

Today’s News Synopsis: Instant Offers:  Zillow tells you what it is, isn’t, what they learned and where it’s going.  Housing affordability is lower with increased home prices and tight inventory, standing at 29% compared to 32% in the first quarter.  Mortgage rates also decreased again with 30-year rates at 3.9% and

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Business As Usual? Not According to New NAR CEO

August 3rd, 2017

Today’s News Synopsis: The new National Association of Realtors CEO Bob Goldberg says they are set to “embrace disruption.”  Zillow reported an increase in the homeless population with rents drastically increasing.  Mortgage rates continue to remain level with 30-year rates at 3.93% and 15-year rates at 3.18%. In The News: Freddie Mac – “Mortgage

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Why Aren’t More Veterans Taking Advantage of Very Low VA Rates?

August 1st, 2017

Today’s News Synopsis: Veterans and active duty members are eligible for some of the lowest mortgage rates available, yet only 7% have used VA loans in the last 5 years.  The latest home price report from CoreLogic showed a 6.7% increase in home prices in June.  Los Angeles saw another rise

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Trends Are in Part Fueled by Reality TV Programs on Buying, Flipping and Fixing Up Properties Experts Say

July 21st, 2017

Sources: June home sales and price report June New Home Purchase Mortgage Applications Increased 10 Percent Year over Year Builder Confidence Slips Two Points in July, Remains Solid U.S. Housing Starts at Four-Month High Give Boost at Quarter-End Mortgage Rates Move Lower Typical U.S. Home Worth More Than $200,000 for First Time The 10 Best and Worst

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Ten Years After The Crash, Gen-X Homeowners Still Lagging Behind

July 18th, 2017

Today’s News Synopsis: Homeowners of Generation X are the ones that are still hurting the most from the Housing Crash and having trouble gaining equity in their homes.  The NAHB reported builder confidence decreased this month, although it continues to stay strong.  A record number of homes was sold this month

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Job Market Bouncing Back with 222,000 New Jobs Added

July 7th, 2017

Sources: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 Mortgage Rates Jump Mortgage Applications Increase in Latest MBA Weekly Survey Home-Price Growth Sizzles in May, Driving a Wedge in the Market These U.S. States Still Haven’t Fully Recovered From Recession The Siege on Communities: NMSA Calls for Actions Two major lending changes

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Top Markets for Summer Vacation Homes Released by ATTOM Data Solutions

July 5th, 2017

Today’s News Synopsis: Home prices increased 6.6% in May according to the latest home price report from CoreLogic.  This has resulted in good news for owners who saw growth in their equity but bad news for those having a harder time affording a home.  The top markets for summer vacation homes

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NAHB Report Shows Builder Confidence Remains Strong

June 15th, 2017

Today’s News Synopsis: The NAHB reported builder confidence continues to remain strong, having decreased only slightly to 67 from 69.  Freddie Mac reported mortgage rates increased slightly after having steadily decreased for a long time; 30-year rates now stand at 3.91% and 15-year rates at 3.18%.  The pace at which homes

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Interest Rates Saw the Third Increase Today by the Federal Reserve Since 6 Months Ago

June 14th, 2017

Today’s News Synopsis: In a breaking news story, the Federal Reserve raised interest rates today for the third time in six months and plans to raise them one more time.  However, they may reconsider this decision with the drastic decrease and slowdown in consumer-price inflation.  More wealthy home buyers are going

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