OUR NEWS

Apr 18, 2018

Affordable, With Job and Population Growth…Winner Winner Chicken Dinner!

Today’s News Synopsis: What are the top 10 up-and-coming cities to buy rental property?  A major California bill that could have resulted in more affordable housing was rejected in its first committee hearing.  The Mortgage Bankers Association reported a 4.9% increase in mortgage applications from last week. In The News:

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Mar 21, 2018

Yes, Adulting Is A Thing Now

Today’s News Synopsis: Why is adulting getting harder?  The National Association of Realtors reported a 3% increase in existing-home sales in February.  Interest rates were raised once again by the Federal Reserve, and more hikes could be on the way by 2020. In The News: National Association of Realtors – “Existing-Home

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Mar 08, 2018

Maybe Millennials Were Right!

Today’s News Synopsis: Dorm living for professionals.  The Mortgage Bankers Association reported the amount of mortgage credit available was lower in February, having decreased 1.2% to 180.7.  Meanwhile, home flipping increased to its highest in 11 years as over 200,000 homes were flipped for the second year in a row.

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Jan 03, 2018

Accessible Data + Not Controlled By Anyone = Blockchain

Today’s News Synopsis: Blockchain to disrupt Real Estate in 2018.  After thirteen years of increase, the rental population decreased for the first time as rent prices continue to increase drastically.  Which mortgage rules could be seeing a change that borrowers need to be aware of? In The News: Freddie Mac – “STACR

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Dec 05, 2017

How Accurate Is Zestimate?

Today’s News Synopsis: It’s Zestimate not Exactimate.  The latest home price report from CoreLogic showed home prices increased 7% year-over-year in October and are projected to increase 4.2% by next October.  Even Zillow increased their expectations for home price growth in 2018. In The News: Freddie Mac – “Freddie Mac December

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Nov 29, 2017

Ready Or Not 2018 Is Around The Corner

Today’s News Synopsis: What are Realtor.com’s game-changing real estate trends for 2018?  The National Association of Realtors reported pending home sales increased 3.5% last month, although they are still lower than last year’s levels.  With more people renting and less being able to afford, renters are finding themselves spending on

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Nov 15, 2017

Uptick In Sales At Home Depot Reflect Millennial DYI

Today’s News Synopsis: Millennials; More than just avocado toast and sandwiches says Home Depot.  In a breaking news story, Richard Cordray resigned as director of the CFPB.  Zillow expects to see suburban sprawl in 2018 as inventory continues to decline with more homeowners looking to remodel their homes rather than

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Nov 02, 2017

“Taking MID Would Be Worthwhile On Only 5% of U.S. Homes” – Zillow

Today’s News Synopsis: Real Estate industry is weighing in on proposed tax changes.  Housing affordability is at its lowest in ten years according to the California Association of Realtors, down to 28% from the second quarter and 31% in the third quarter of 2016.  Home prices on metropolitan homes increased

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Oct 25, 2017

Just Leave It By The Door. No, No, Just Inside The Door

Today’s News Synopsis: Amazon wants to let themselves in, with your permission of course.  New home sales increased 18.9% in September while pending sales decreased for the third straight month by 6%.  More and more people are choosing to rent as they are finding it more affordable. In The News:

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Aug 31, 2017

St. Petersburg May Be the First To Do So. Will Others Follow?

Today’s News Synopsis: Is mandatory solar on its way?  The National Association of Realtors reported pending homes sales decreased 0.8% in July, their fourth time in five months to decrease.  Freddie Mac reported another decrease in mortgage rates with 30-year rates now at 3.82% and 15-year rates 3.12%. In The

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