Today’s News Synopsis: Renters spent 4.5 Trillion on housing this decade. Mortgage rates increased this week with 30-year rates now at 3.73% and 15-year rates at 3.19%. Home-flipping activity decreased with 56,566 single-family homes and condos flipped in the third quarter, down 12.9% from the previous quarter and 6.8% year-over-year. In The News: Freddie Mac – …
Today’s News Synopsis: Have extra space in your garage? How much do you have to pay for a 2,500 square-foot house in different areas of the country? Single-family rent prices are continuing to grow in the Southwest according to CoreLogic. In The News: Redfin – “In Detroit, a Family Needs to Earn $27,000 to Afford the …
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 …
Today’s News Synopsis: 2019 Winter home maintenance To-Do list. Existing-home sales increased for the second month in a row by 1.9% to 5.32 million. However, they were lower year-over-year as a result of what was believed to be affordability still being an issue. In The News: NAHB – “Single-Family Starts Drop in November as Builders Face …
Today’s News Synopsis: 7 Mistakes to avoid when renovating an older home. The Mortgage Bankers Association reported an increase in mortgage credit availability in October, up by 2.5% to 186.7. Home prices increased 5.6% year-over-year in September according to CoreLogic. In The News: Zillow – “Recovery from the Housing Bust Can Vary Greatly Within Markets” (11-6-2018) …
Today’s News Synopsis: Time to worry about the housing market again??? Mortgage payments are rising at twice the rate as home values with the increase in mortgage rates. NAHB and Wells Fargo reported a one-point increase in builder confidence this month, putting it now at 68. In The News: CoreLogic – “CoreLogic Reports Rising Single-Family Rent …
Bloomberg Opinion Piece Says The Market Is Raising Some Serious Red Flags Read More »
Today’s News Synopsis: Poll reveals most annoying neighbors in America. Where are the top ten places in the U.S. where you can experience a part of history in where you live? CoreLogic released their latest HPI Forecast Validation report, comparing its 12-month CoreLogic HPI Forecast to the actual CoreLogic HPI Index. In The News: Realtor.com – “We’re …
LA, San Francisco and San Diego Make The Top Ten Read More »
Today’s News Synopsis: How California stacks up split into 3 states. HUD and the Commerce Department reported housing starts decreased 12.3%. Zillow plans on expanding the buy and sell business to Atlanta. In The News: ATTOM Data Solutions – “How California Housing Stacks Split Into Three States” (7-18-2018) “ATTOM Data Solutions, curator of the nation’s premier …
Never Going to Happen But Kind of Fun to Think About. Probably Never? Read More »
Today’s News Synopsis: Homes buyers are willing to spend more money on are those with an air conditioner, even if it means a $5,500 premium. CoreLogic reported home prices increased 7.1% year-over-year and 1.1% month-over-month in May. Which towns will be watching drones instead of fireworks due to fire danger? In The News: Wired – “Airbnb’s …
Today’s News Synopsis: Which is better to buy, the old house or new one? Housing starts were at their highest since the end of the recession in May, having increased 5% to 1.35 million units. According to a recent Harvard study, the housing market continues to show progress despite inequality in the market. In The …