Posts Tagged ‘Primary Mortgage Market Survey’

Zillow Showed Homes for Sale Decreasing at Fastest Rate Since 2013

June 22nd, 2017

Today’s News Synopsis: Zillow’s latest real estate market report showed homes for sale are not only decreasing but are doing so at their fastest rate since 2013.  Freddie Mac reported mortgage rates remained relatively the same with 30-year rates at 3.9% and 15-year rates at 3.17%.  Lower-end buyers are having less

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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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ATTOM Data Solutions Reports Home Flipping at Highest in Nine Years

June 8th, 2017

Today’s News Synopsis: According to ATTOM Data Solutions, the first quarter of this year saw 43,615 single-family homes and condos flipped, up to their highest in their 9 years.  The architecture of Frank Lloyd Wright continues to have an influence on home design today, even 150 years after he was born.

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Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

June 1st, 2017

Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for

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Labor Market Improving With Jobless Claims Showing Little Change

May 25th, 2017

Today’s News Synopsis: Mortgage rates decreased again to their lowest this year with 30-year rates at 3.95% and 15-year rates at 3.19%.  Loans originated on residential properties came in at 1.4 million in the first quarter, down 30% from the previous quarter and up 21% year over year.  The labor

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Zillow Says Extra Hidden Costs for Homes Could Cost Up to $15,000

May 18th, 2017

Today’s News Synopsis: The sizes of single-family homes are becoming smaller as more people are shopping for townhouses and the size of the home is decreasing.  Mortgage rates decreased this past week with 30-year rates now at 4.02% and 15-year rates at 3.27%.  Zillow revealed extra costs homeowners may find

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Foreclosures Activity Decreases To Lowest in 12 Years

May 11th, 2017

Today’s News Synopsis: Freddie Mac reported mortgage rates continue to hold steady with 30-year rates at 4.05% and 15-year rates at 3.29%.  ATTOM Data Solutions reported foreclosure activity decreased 7% month-over-month and 23% year-over-year to its lowest in 12 years.  Housing affordability increased slightly in the first quarter with 60.3%

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Seriously Underwater Properties Decrease by 1.2 million Year-Over-Year

May 4th, 2017

Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1.2 million year-over-year in the first quarter.  The latest Houzz & Home Survey showed more money is being spent on home renovations by both millennials and first-time homebuyers.  Late summer is the best time to purchase a home

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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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Zillow Reports Slowest Increase in Rents Since November 2012

April 20th, 2017

Today’s News Synopsis: Mortgage rates decreased again to below 4% with 30-year rates now at 3.97% and 15-year rates at 3.23%.  Confidence in the housing market is higher as shown by the increase in home remodeling.  Zillow reported the slowest increase in rents since November 2012 in their latest Real

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