existing home sales

Study Shows Denver, CO Is Getting The Biggest Share

Today’s News Synopsis: Where are all the renters going?  Mortgage applications decreased 1.2% from last week according to the Mortgage Bankers Association.  Existing-home sales, meanwhile, increased by 3.6% last month. In The News: Apartment Therapy – “How Much Does It Cost to Rent an RV?” (1-22-2020) “An RV, or recreational vehicle, is best described as a …

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Make It Cozy and Bright

Today’s News Synopsis: Want to throw a rockin holiday-themed open house?  Existing-home sales decreased 1.7% in November according to the National Association of Realtors.  Mortgage rates remained flat with 30-year rates at 3.73% and 15-year rates at 3.19%. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (12-19-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary …

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They Have Only Begun To Disrupt

Today’s News Synopsis: House-flipping is just the start of Zillow’s evolution.  Mortgage rates fell back this week with 30-year rates now at 3.66% and 15-year rates at 3.15%.  Existing home sales increased by 1.9% last month according to the National Association of Realtors. In The News: Freddie Mac – “Mortgage Rates Rescind” (11-21-2019) “Freddie Mac (OTCQB: FMCC) …

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Does It Really Matter?

Today’s News Synopsis: Who’s really leaving California?  The National Association of Realtors reported a 2.2% decrease in existing-home sales last month.  In order to become homeowners, millennials and Generation Z are finding themselves sacrificing more than before. In The News: Realtor.com – “How Much Will a Smart Thermostat Really Save on Energy Costs?” (10-22-2019) “No one …

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It’s Like The Real Estate Disruptor Dating Game Out There

Today’s News Synopsis: Zillow is partnering with builders.  The National Association of Realtors Reported existing-home sales increased by 1.3% in August.  Mortgage rates increased greatly this week with 30-year rates now at 3.73% and 15-year rates at 3.21%. In The News: Freddie Mac – “Mortgage Rates Jump” (9-19-2019) “Freddie Mac (OTCQB: FMCC) today released the results of …

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Why Are Homeowners With A Mortage Low and Mortgage Debt High?

Today’s News Synopsis: Mortgage debt is at a historical high, while the number of homeowners with a mortgage is at its lowest in 14 years.  The National Association of Realtors reported existing-home sales increased by 2.5% in July.  Mortgage applications, meanwhile, decreased 0.9% from last week. In The News: Realtor.com – “Mortgage Market Reopens to Risky …

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The ADU Top Ten

Today’s News Synopsis: If you’re considering investing in accessory dwelling units, what are ten things you should consider?  The FHFA reported home prices increased by 0.1% in May across the country.  Meanwhile, existing-home sales were weaker, having declined 1.7% in June. In The News: BiggerPockets – “10 Things to Consider When Investing in Accessory Dwelling Units” …

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OREO?

Today’s News Synopsis: Do you know what an REO is?  Rent price growth was stronger in March according to CoreLogic.  Existing-home sales decreased 0.4% last month according to the National Association of Realtors. In The News: CoreLogic – “CoreLogic Reports Strong Rent Price Growth in March as Unemployment Reaches a 50-Year Low” (5-21-2019) “CoreLogic® (NYSE: CLGX), a …

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