OUR NEWS

May 10, 2019

ADUs, SB 1069, and SB 13 With Senator Bob Wieckowski #642

This week, Aaron Norris is joined by Senator Bob Wieckowski, who he interviewed back in November. He’s been a representative since 2014 for the 10th Senate District in California, which stretches from Southern Alameda County into Santa Clara County. Mr. Wieckowski chairs the Environmental Quality Committee and budget Sub-Committee 2

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May 09, 2019

Summer Vacation May Be Coming Up, But Is The Community Safe To Buy In?

Today’s News Synopsis: Is it safe to buy in a vacation community now?  Mortgage rates decreased slightly with 30-year rates now at 4.10% and 15-year rates at 3.57%.  Housing affordability remains stable year-over-year with lower home prices, decreased mortgage rates, and gains income. In The News: Jesse Gabriel – “California Assembly

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May 08, 2019

FHFA Not Counting On A Legislative Solution

Today’s News Synopsis: Fannie and Freddie may be freed without Congress.  The Mortgage Bankers Association reported a 2.7% increase in mortgage applications from last week.  The next time you shop on Amazon, look for a do-it-yourself backyard guest house that can be built in 8 hours. In The News: Curbed –

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May 07, 2019

Riverside, CA Has The Biggest Share

Today’s News Synopsis: More than 1/5 Millennials still live with mom.  Home prices in March increased by 3.7% year-over-year according to CoreLogic.  So what it is about that $17,000 “sweet spot” that could help you in selling your home? In The News: Zillow – “More Than One in Five Millennials Sill

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May 06, 2019

Folks Fear Laxed Standards Could Repeat the Bubble-Era Madness

Today’s News Synopsis: Could HELOC’s threaten homeowners and the economy?  If you want a better chance of getting that house, there are actually 7 instances where you want to offer over the asking price.  Household income rose for everyone….expect the lowest income earners. In The News: Realtor.com – “7 Times to

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May 03, 2019

What Is The Craziest Loan Program Out There? #451

 Real Estate News Recap: Pending Home Sales Climb 3.8% in March Home-Price Growth Slows to Lowest Level Since 2012 The latest drop in the unemployment rate was for the wrong reason Mortgage Rates Drop No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments A

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May 03, 2019

China and the Global Economy With Richard Duncan #641

Bruce Norris is joined again this week by Richard Duncan.  Richard is the author of three books on the global economic crisis, including the international bestseller The Dollar Crisis: Causes, Consequences, and Cures, which forecasts the global economic crisis of 2008 with extraordinary accuracy. Since beginning his career as an

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May 02, 2019

We Can Probably Think Of A Couple More

Today’s News Synopsis: 8 Reasons to sell investment properties.  Mortgage rates decreased this past week with 30-year rates at 4.14% and 15-year rates at 3.6%.  What are the best days of the year to sell your home? In The News: Freddie Mac – “Mortgage Rates Drop” (5-2-2019) “Freddie Mac (OTCQB: FMCC)

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May 01, 2019

Homeownership Tenure Slipped In Q1

Today’s News Synopsis: Homeowners are staying put, just not as long as before.  The Mortgage Bankers Association reported a 4.3% decrease in mortgage applications.  There is actually a wrong way to vacuum that is making your house dirtier than before. In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in

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Apr 30, 2019

Almost

Today’s News Synopsis: Has the market shifted to buyers?  The National Association of Realtors reported a 3.8% increase in pending home sales in March.  At the same time, home-price growth was slower and at its lowest level in seven years. In The News: National Association of Realtors – “Pending Home Sales

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