baby boomers

Buy a vacation home

Today’s News Synopsis: Can’t afford a home?  Home prices increased 3.7% in November according to CoreLogic.  Meanwhile, housing inventory is at its lowest in two years. In The News: Forbes – “ADUs Boost Accessibility And Affordability Of Prime Real Estate” (1-7-2020) “More communities throughout the U.S. are demanding more flexible real estate options that can accommodate …

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Who’s Crystal Ball Is Right?

Today’s News Synopsis: The 2020 predictions are rolling in.  The Mortgage Bankers Association reported mortgage applications decreased 9.2% from last week.  Which U.S. cities are the best for biking? In The News: Redfin – “Redfin Unveils the Best U.S. Cities for Biking in 2020” (12-4-2019) “Minneapolis, Portland, OR and Chicago are the most bikeable cities in the U.S. for the second …

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OREO?

Today’s News Synopsis: Do you know what an REO is?  Rent price growth was stronger in March according to CoreLogic.  Existing-home sales decreased 0.4% last month according to the National Association of Realtors. In The News: CoreLogic – “CoreLogic Reports Strong Rent Price Growth in March as Unemployment Reaches a 50-Year Low” (5-21-2019) “CoreLogic® (NYSE: CLGX), a …

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How Many Will Unload Their Homes In The Years To Come?

Today’s News Synopsis: Could Baby Boomers spur a housing bust?  NAHB reported building confidence continues to remain strong at 68.  The first real estate marketplace run entirely off Blockchain is being launched in New York. In The News: NAHB – “Builder Confidence Stays at Healthy Level in July” (7-17-2018) “Builder confidence in the market for newly-built …

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HARP Plan Extended to 2017 As FHFA Prepares New Refinance Plan

Today’s News Synopsis: The HARP plan has been extended into 2017 in order to allow people to be better prepared for the new refinance plan launching at the end of next year.  The market for apartments and condos now stands at 50 after decreasing three points.  The number of baby boomers choosing to invest in …

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Social Media Playing a Big Role In People’s Decisions to Invest

Sources: New home sales reach 8-year high Case Shiller: May home prices rise at modest rate Cash Sales Share Slows Morning Briefing: All-time high for prices says RealtyTrac Thriving home remodeling market set to reach $321B by 2017 Construction firms’ struggling to fill jobs’ as 25 states shed positions in June Guiding Principles For the …

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