Today’s News Synopsis: Homeowners in Amazon’s zip code didn’t want to sell in 2019. New home sales decreased last month; but despite this, things look positive for the home-building industry. You can now have Star Wars in your basement with a new Los Angeles luxury mansion – you would just need $26.5 million. In The …
Today’s News Synopsis: Apple, Google, and Amazon are going to make smart homes easier to use. The Mortgage Bankers Association reported mortgage applications decreased 5.0% from last week. We could see millions of new homes in single-family neighborhoods thanks to relaxed zoning. In The News: Zillow – “Relaxed Zoning Could Create Millions of New Homes in …
Did Cortana, Alexa and Siri Just Become Best Friends? Read More »
Today’s News Synopsis: Who will be the Amazon of housing? The Mortgage Bankers Association reported mortgage applications increased 8.1% from last week. More millennials are refinancing with the number being at a four-year high. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (10-2-2019) “Mortgage applications increased 8.1 percent from …
Today’s News Synopsis: If you’re considering investing in accessory dwelling units, what are ten things you should consider? The FHFA reported home prices increased by 0.1% in May across the country. Meanwhile, existing-home sales were weaker, having declined 1.7% in June. In The News: BiggerPockets – “10 Things to Consider When Investing in Accessory Dwelling Units” …
Today’s News Synopsis: Does your neighbor have an ugly house? Zillow has expanded their buying and selling business to Denver. The city where Amazon’s second headquarters will be located could see a 30% increase in home prices for that city. In The News: Inman – “Exclusive: Opendoor testing new co-listing partnership with selected agents” (10-22-2018) “The iBuyer …
Today’s News Synopsis: Fed just raised interest rates again. The National Association of Realtors reported a 1.8% increase in pending home sales in August. Mortgage rates increased for the fifth week in a row with 30-year rates now at 4.72% and 15-year rates at 4.16%. In The News: National Association of Realtors – “Pending Home …
Today’s News Synopsis: Lennar will build Amazon’s Alexa into their new homes. In an updated story from yesterday, the plan for new homes in California to use solar panels has been approved by California regulators. The group that accounts for more real estate purchases is single women, even more than single men. In The News: …
Alexa, Turn Off The Lights, Turn The A/C On And Lock The Doors Read More »
Today’s News Synopsis: 4 Tips for keeping properties safe. Fixed-rate mortgage rates increased for the eighth week in a row with 30-year rates now at 4.43% and 15-year rates at 3.9%. Reporters say the group continuing to struggle when it comes to owning a home is the minority population. In The News: Realtor.com – “Minority Homeownership …
Today’s News Synopsis: Does your garage need to be decluttered? What are 8 real estate practices the industry needs to stop doing? 8 professionals in the field share their thoughts. With all the talk of where Amazon will have their second headquarters, a bigger topic of discussion now is how this will affect rents in …
Today’s News Synopsis: From 238 down to 20 potential HQ2 cities. Foreclosures decreased to their lowest in 12 years last year, down 27% year-over-year and 76% from their peak in 2010. Housing starts on single-family homes decreased 8.2% last month according to HUD and the Commerce Department. In The News: Freddie Mac – “Mortgage Rates …
