Builder Applications Survey

6 Months of Free Space for Veteran Entrepreneurs

Today’s News Synopsis: Wework launches Veterans in Residence Program.  One thing that could potentially hurt housing affordability is the ever-increasing mortgage rates.  New home purchase applications increased 4.6% in February according to the Mortgage Bankers Association. In The News: Zillow – “Rising Mortgage Rates Could Threaten Housing Affordability” (3-13-2018) “The years of historically affordable mortgage rates …

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25 Solutions From A Builder’s Perspective

Today’s News Synopsis: Is the California Housing Crisis fixable?  The amount of homes sold that were above the asking price was almost 25%.  According to the latest Primary Mortgage Market Survey from Freddie Mac, mortgage rates increased again with 30-year rates now at  3.99% and 15-year rates at 3.44%. In The News: CNBC – “Citigroup …

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Not Enough Homes For Sale

Today’s News Synopsis: Who is to blame for the housing shortage?  Mortgage delinquency rates were at their lowest in more than ten years last month according to CoreLogic, having decreased 0.2% year-over-year.  Debt on commercial and multi-family properties increased by 1.5% ($45.4 billion) to $3.1 trillion in the third quarter. In The News: CoreLogic – “CoreLogic …

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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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“Sellers Need a Trusted Adviser (Realtors) They Can Lean On”-Zillow

Today’s News Synopsis: Instant Offers:  Zillow tells you what it is, isn’t, what they learned and where it’s going.  Housing affordability is lower with increased home prices and tight inventory, standing at 29% compared to 32% in the first quarter.  Mortgage rates also decreased again with 30-year rates at 3.9% and 15-year rates at 3.18%. …

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Realtor.com Releases List of Top Ten Cities for New College Graduates

Today’s News Synopsis: The NAHB reported an increase in builder confidence, having increased two points to 70 this month.  Realtor.com released their latest list of top ten cities when new college graduates should go for the most affordable housing and best job markets.  The Mortgage Bankers Association reported a 4.3% decrease in home purchase applications …

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Foreclosure Filings Decreased to their Lowest in 10 Years Last Year

Today’s News Synopsis: Foreclosure filings decreased to their lowest in 10 years last year according to the latest ATTOM Data Solutions report.  Mortgage rates decreased again for the second week in a row with 30-year rates at 4.12% and 15-year rates at 3.37%.  Dr. Ben Carson told the Senate Banking Committee his plans today for …

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Realtor.com Releases List of Top Ten Cities to Find A Bargain on Homes

Today’s News Synopsis: Over 30,000 foreclosures were completed in October according to the latest National Foreclosure Report from CoreLogic.  The Mortgage Bankers Association reported a 12% increase in new home purchase applications year-over-year in November.  Realtor.com just released a list of the top ten cities where you can find a bargain on homes. In The …

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East Coast Seeing Improvements in Real Estate 4 Years After Hurricane Sandy

Today’s News Synopsis: The estate coast is finally seeing improvements in the real estate market four years after being struck by Hurricane Sandy.  The second quarter saw a decrease in housing affordability with the increase in home prices.  ATTOM Data Solutions released their latest report showing a total of 6.7 million properties underwater in the …

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