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Home Construction Divided By Political Parties

Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win.  Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year.  Home prices increased 4% year-over-year according to CoreLogic. …

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What Will Be Their Social Impact On California’s Housing Market?

Today’s News Synopsis: Opportunity Zones!  Mortgage rates decreased this week with 30-year rates now at 3.69% and 15-year rates at 3.13%.  Where are the 20 hottest real estate markets? In The News: Realtor.com – “The 20 Hottest Markets in Real Estate, October 2019: Why Ohio?” (11-7-2019) “Ohio may be considered flyover country by those living in …

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How Do You Get Your Low-Ball Offer Accepted?

Today’s News Synopsis: Think you’re good at negotiations?  The Mortgage Bankers Association reported mortgage debt for commercial and multifamily increased $51.9 billion in the second quarter, or 1.5%.  iBuyers could be posing a threat to the MLS system. In The News: Mortgage Bankers Association – “Commercial/Multifamily Mortgage Debt Increased $51.9 Billion in the Second Quarter …

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But Barn Doors Are So Cool!

Today’s News Synopsis: Home trends you may regret in 20 years.  The amount of mortgage credit available increased last month according to the Mortgage Bankers Association.  Foreclosures saw their lowest rate in 20 years in March according to CoreLogic. In The News: Mortgage Bankers Association – “Mortgage Credit Availability Increased in May” (6-11-2019) “Mortgage credit availability …

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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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Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for single-family homes are finally showing …

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CoreLogic Reports Borrowers Who Received Equity Back Last Year was 1 Million

Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 3% increase in home fliping last year, putting it at its highest in ten years.  Mortgage rates are also at their highest this year with 30-year rates at 4.21% and 15-year rates at 3.42%.  CoreLogic reported the number of borrowers who received their …

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