Posts Tagged ‘Primary Mortgage Market Survey’

“Bridge Program” Needs More Time To Be Modified

August 17th, 2017

Today’s News Synopsis: FHFA is extending HARP through December 31, 2018.  Since 2014, the number of neighborhoods added in the U.S. with homes totaling $1 million is 346.  Redfin reported a 3.5% decrease in home sales in July, marking the 22nd month in a row to see sales decline. In The News: Zillow –

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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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Typical U.S. Home Worth More Than 200K For the First Time Ever According to Zillow

July 20th, 2017

Today’s News Synopsis: During the height of the housing bubble over a decade ago, the median U.S. home value peaked at $196,600 but never surpassed the $200,000 threshold until now.  Freddie Mac reported mortgage rates decreased again with 30-year rates now at 3.96% and 15-year rates 3.23%.  There has not been one new residential

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ATTOM Data Solutions’ Latest Report Shows Which Neighborhoods Received the Best Returns on Real Estate

July 13th, 2017

Today’s News Synopsis: Freddie Mac reported an increase in mortgage rates for the second week in a row with 30-year rates now at 4.03% and 15-year rates at 3.29%.  ATTOM Data Solutions’ latest report shows which neighborhoods were the strongest and received the best returns on their real estate.  Janet Yellen’s

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Despite Overall Progress, Some States Still Have Not Made Comeback After Recession

July 6th, 2017

Today’s News Synopsis: Real estate prices in Manhattan, especially apartments that sold for $2.19 million on average, were at their highest on record in the second quarter.  Mortgage rates increased again according to Freddie Mac with 30-year rates now at 3.96% and 15-year rates at 3.22%.  Despite the country making progress

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Median Home Prices The Least Affordable in Nine Years According to ATTOM Data Solutions

June 29th, 2017

Today’s News Synopsis: In an interesting news story, the most common names of homeowners with the most valuable homes is Stuart and Alison.  Freddie Mac reported mortgage rates decreased to a new low with 30-year rates at 3.88% and 15-year rates at 3.17%.  Median home prices in the U.S. came in

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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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