Posts Tagged ‘real estate investing’

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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Housing Is So Affordable…”Doesn’t Feel That Way,” Says Freddie Mac

July 19th, 2017

Today’s News Synopsis: Freddie Mac explains why the housing market does not seem affordable despite the Housing Affordability Index being at its highest on record.  Housing starts increased to their highest in four months by 8.3% to 1.22 million.  Looks like the latest star in the news to be selling their

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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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Realtor.com’s Latest List Shows the Best and Worst Places For First-Time Buyers to Purchase

July 17th, 2017

Today’s News Synopsis: Big day for homes.  The latest home sales and price report from the California Association of Realtors showed existing home sales increased 3.3% month-over-month and 2.4% year-over-year in June.  Meanwhile, the median price was up 0.9% month-over-month and 7% year-over-year.  The Mortgage Bankers Association reported a 10% increase

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Looks Like Amazon Is About To Dip Its Toes Into Real Estate

July 14th, 2017

Sources: Black Knight’s May Mortgage Monitor: Underwater Borrower Population Below Two Million for First Time Since 2006 Higher interest rates send mortgage applications tanking, down 7.4% Mortgage Rates Jump Again With autonomy, commercial real estate could go mobile CoreLogic Reports Mortgage Performance Continues Steady Improvement in April 2017 Yellen Heads to Congress Wondering Why Job Market

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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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More Startup Companies Hope To Help Landlords By Converting Empty Apartment Units into Hotel Rooms

July 12th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased drastically by 7.4% with the increase in interest rates.  JPMorgan Chase just had over 1 million home equity and private banking loans converted by Black Knight Financial into their LoanSphere system.  More startup companies are hoping to help apartment landlords

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Mortgage Performance Continues to Improve According to CoreLogic

July 11th, 2017

Today’s News Synopsis: Mortgage performances are improving with only 4.8% being delinquent in April according to the latest Loan Performance Insights Report.  Janet Yellen is heading up to testify before Congress, all in the midst of a market with increased job growth and not-increasing wages.  Consumers can now have easier access

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Could We Begin To See An Increase in Commercial Real Estate on Wheels?

July 10th, 2017

Today’s News Synopsis: Could we be seeing an increase in commercial real estate on wheels with the increase in mobile retail stores?  Black Knight Financial Service’s latest data showed a 16% decrease in the number of underwater borrowers.  Realtor.com’s latest list showed the best places to live if you want to live

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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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