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Let’s “Zip” On Over To Texas

Today’s News Synopsis: Hottest zip code where people are wanting to live is located in, of all places, Watauga, Texas.  The Mortgage Bankers Association reported an 8% increase in multifamily lending year-over-year.  Mortgage rates decreased this week with 30-year rates now at 3.88% and 15-year rates at 3.19%. In The News: Zillow – “Zillow Prize Ranks as …

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MBA Expresses Support for “Framework for Fixing our Broken Tax Code”

Today’s News Synopsis: Mortgage Bankers Association sends letter to Congress.  The NAHB reported an increase in builder confidence by four points, putting it now at 68.  A new study showed the ten zip codes where land is the most valuable. In The News: NAHB – “Builder Confidence Rises Four Points in October” (10-17-2017) “Builder confidence in …

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Amazon In The Housing Business? #374

Real Estate News Recap: CoreLogic Reports Serious Delinquency Rate for Home Loans Holds Steady at a Near 10-Year Low U.S. Foreclosure Activity Drops to More Than 11-Year Low in Q3 2017 Mortgage Rates Jump Up C.A.R. 2018 California Housing Market Forecast Millennials’ New Weapon in Bidding Wars: A Parent’s Home Equity Finally, a Color of …

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Can Landlords, Developers and Airbnb Work Together?

Today’s News Synopsis: Airbnb-Branded Apartment Buildings are headed to the U.S.  Foreclosure filings were at 191,824 in the third quarter, down 13% from the prior quarter and 35% year-over-year, which was also more than an 11-year low.  The latest California Housing Market Report from C.A.R. showed both home sales and median prices are expected to …

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Parents Refi to Help Child Win Bidding War On New House

Today’s News Synopsis: How far would you go to help your kids get a house?  Moody’s Investor Services found a larger percentage of household incomes is going toward paying off debts.  Serious delinquency rates remained roughly unchanged at 4.6% according to CoreLogic. In The News: Bloomberg – “American Households Spend Bigger Slice of Income on Debt …

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How Can I Have Amazon In My Own Backyard? #373

Real Estate News Recap: CoreLogic US Home Price Report Shows Prices Up 6.9 Percent in August 2017 Mortgage Rates Rise Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter Los Angeles prepares to reopen Section 8 housing list after 13 years Freddie Mac September Insight: Is Geography Destiny? …

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Make 3D Listings From New Zillow App For Free in a Couple of Hours

Today’s News Synopsis: Zillow Group will 3D homes to Real Estate Listings for FREE!  Home affordability improved in the third quarter in 60% of U.S. markets according to ATTOM Data Solutions.  Mortgage rates increased to their highest in six weeks with 30-year rates at 3.85% and 15-year rates at 3.15%. In The News: Zillow – “Zillow …

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