Today’s News Synopsis: How many million-dollar cities are there in the U.S.? What bargains are playing hide-and-seek in the biggest cities? Mortgage delinquencies were at their lowest in 20 years in October. In The News: Realtor.com – “Living High on Low Rent: Where the Bargains Are Hiding in America’s Biggest Cities” (1-14-2020) “How would you like …
More Than Half Are In Los Angeles, San Francisco and New York Read More »
Today’s News Synopsis: Fannie Mae and Freddie Mac may be playing a smaller role in the housing market. Overall delinquency and foreclosure rates for December were their lowest for that month in almost 20 years. What can energy-efficient windows help bring to your home? In The News: Zillow – “Better to Protect Against Natural Disasters Than …
Today’s News Synopsis: How long before your smartphone tells you when and where to buy a home? Delinquency rates decreased in October to their lowest in 18 years according to CoreLogic with 4.1% of mortgages in some stage of delinquency. Do you want security for your home that is simple and not too complicated? Well, …
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 …
Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home Read More »
Sources: Builder Confidence Holds Firm in April Single-Family Production Falls in March After Strong February Reading Mortgage Defaults Climb Slightly Mortgage Rates Tumble Below 4 Percent Rents Rise at Slowest Pace in Five Years Political Holding Pattern Affirms Conservative Growth Forecast Freddie Mac April 2017 Outlook Robots May Help Build Your Next Home and Fill the …
Gallup Poll Shows Real Estate is Still America’s Favorite Investment Read More »
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 …
CoreLogic Reports Borrowers Who Received Equity Back Last Year was 1 Million Read More »
Today’s News Synopsis: According the Mortgage Bankers Association, delinquencies for commercial and multifamily properties continued to stay at low numbers. As of today, real estate now has its own sector in the Wall Street market. An area of the real estate market where more money is being spent is on private student housing. In The …
Private Student Housing Seeing Bigger Influx of Cash Poured In Read More »
Today’s News Synopsis: In a story featuring our very own Bruce Norris, he believes one thing holding back growth in the real estate industry is lenders being selective about who they give loans. The Mortgage Bankers Association reported delinquency rates for commercial/multifamily mortgages are still relatively low while CMBS loans are at an all-time low. …
Bruce Norris Believes Lender Hesitancy Holding Back Real Estate Growth Read More »
Today’s News Synopsis: CoreLogic reported a 6.8% increase in home prices in October. Commercial and multifamily delinquency rates, on the other hand, decreased in the third quarter according to the Mortgage Bankers Association. The Federal Housing Finance Agency will only fund loans of up to $417,000 next year despite median home prices continuing to …
CoreLogic Reports 6.8% Increase in Home Prices in October Read More »
Sources: Construction spending rises 0.1% in June Number of Underwater Borrowers is Declining at an Accelerated Pace Commercial/Multifamily Mortgage Originations Continue Strong Pace in Second Quarter U.S. home prices spike by 6.5% in June Distressed Sales Share Drops Below 10 Percent Refinance, Purchase Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage rates …
Federal Reserve Reports Increase in Consumer Borrowing Read More »