Posts Tagged ‘private money’

“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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How Will a Recession Impact the Real Estate Market?

August 16th, 2017

Today’s News Synopsis: Experts are predicting a recession within three years.  The National Association of Realtors reported a 6.2% increase in home prices in the second quarter.  In addition, existing home sales decreased from the first quarter by 0.9% to 5.57 million due to lackluster supply. In The News: Zillow – “Another Recession Will

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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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Do You Think of Real Estate When You Look At Facebook?

August 14th, 2017

Today’s News Synopsis: Facebook has launched “Dynamic Ads For Real Estate.”  According to the latest Equity report from CoreLogic, the percentage of homes in the U.S. with positive equity is at a high percentage of 93.9%.  Realtor.com figured out how long it would take to save for a down payment on

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Zillow Snaps Back on Their Instant Offers

August 11th, 2017

Real Estate News Recap: Black Knight’s June Mortgage Monitor: Low-Down Payment Purchase Lending at Seven-Year High 2nd Qtr Housing affordability report Mortgage Rates Inch Lower July New Home Purchase Mortgage Applications Increased 5.1 Percent Year over Year Market Favoring First-Timers Stop with the retail apocalypse: Mall, shopping center landlords are tired of industry chatter Baby Boomers Who

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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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The Power Struggle Over Real Estate Listings Continues

August 10th, 2017

Today’s News Synopsis: The power struggle over real estate listings in New York continues with Zillow and Realtor.com, and REBNY is in the middle.  Mortgage applications increased 3% last week with the recent decrease in interest rates.  Black Knight Financial Services reported foreclosures decreased in June to levels not seen in

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Is Aging In Place Dominating the Housing Market?

August 8th, 2017

Today’s News Synopsis: Baby Boomers who refuse to sell are adding to housing shortage.  A recent study from Trulia showed those with a greater chance of owning a home and higher ownership rates were those who graduated from college and received advanced degrees.  An entire street in San Francisco was just

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Shopping Mall Owners Are Tired of the Industry Chatter

August 7th, 2017

Today’s News Synopsis: Mall CEO’s say retail apocalypse is exaggerated.  Do you believe them?  According to the latest Home Purchase Sentiment Index from Fannie Mae, there are much fewer Americans now than before who believe now is a good time to buy a home.  Low-down-payment purchase lending is at its highest

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What Would You Do With Ailing Shopping Malls?

August 4th, 2017

Real Estate News Recap: Pending Home Sales Recover in June, Grow 1.5 Percent Black Knight Home Price Index Report: May 2017 Transactions Commercial/Multifamily Borrowing Up 20 Percent Year-over-Year CoreLogic US Home Price Report Shows Prices Up 6.7 Percent in June 2017 Realtors Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in

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