Nov 28, 2017

Got cheap house?

Today’s News Synopsis: Lower priced homes are increasing in value twice as fast as expensive ones.  Conforming loan limits were raised again by the FHFA for the second year in a row.  The New York-based Conference Board reported consumer confidence increased to its highest in 17 years. In The News:

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Oct 23, 2017

Among “Most Complicated” Decisions For FHFA

Today’s News Synopsis: Alternative assets are great in theory, but they are proving to be complicated.  The latest list from ATTOM Data Solutions showed which cities have rentals where you can get the most money out of them.  More Americans are putting more money into their backyard as they bring

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Oct 03, 2017

Adjustable Rate Mortgages Jump From 15% to 40% Q2 2017

Today’s News Synopsis: Homebuyers look to riskier mortgages to offset higher home prices.  The latest Home Price Report from CoreLogic shows home prices increased 6.9% in August.  Rents on LA properties managed to remain in place for the first time in seven months. In The News: CoreLogic – “CoreLogic US Home

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Aug 17, 2017

“Bridge Program” Needs More Time To Be Modified

Today’s News Synopsis: FHFA is extending HARP through December 31, 2018.  Since 2014, the number of neighborhoods added in the U.S. with homes totaling $1 million is 346.  Redfin reported a 3.5% decrease in home sales in July, marking the 22nd month in a row to see sales decline. In

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Aug 08, 2017

Is Aging In Place Dominating the Housing Market?

Today’s News Synopsis: Baby Boomers who refuse to sell are adding to housing shortage.  A recent study from Trulia showed those with a greater chance of owning a home and higher ownership rates were those who graduated from college and received advanced degrees.  An entire street in San Francisco was

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Jun 22, 2017

Zillow Showed Homes for Sale Decreasing at Fastest Rate Since 2013

Today’s News Synopsis: Zillow’s latest real estate market report showed homes for sale are not only decreasing but are doing so at their fastest rate since 2013.  Freddie Mac reported mortgage rates remained relatively the same with 30-year rates at 3.9% and 15-year rates at 3.17%.  Lower-end buyers are having

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May 12, 2017

Zillow Releases List of Best and Worst Markets for First-Time Homebuyers

Sources: Housing Sentiment in April Rebounds Following March Dip Mortgage Rates Continue to Hold U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005 Housing Affordability Registers Slight Uptick in First Quarter These Cities Are the 10 Biggest Comeback Stories in U.S. Real Estate Freddie Mac Proposal

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Mar 29, 2017

Morgan Stanley Predicts a Peak in the Commercial Real Estate Market This Year

Today’s News Synopsis: Pending home sales increased 5.5% last month according to the latest National Association of Realtors report, following a 2.8% decrease in January.  Analysts at Morgan Stanley predict we will see the commercial real estate market at its top this year, bringing an end to what is known

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Feb 28, 2017

Latest S&P/Case-Shiller Index Show Home Prices Increase 5.8%

Today’s News Synopsis: The latest S&P/Case-Shiller Index showed home prices increased 5.8% to their highest in 2 1/2 years.  Interest rates also continue to show an upward trend according to the latest report from the Federal Housing Finance Agency.  Freddie Mac released their latest outlook for this month today. In

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Feb 23, 2017

Southern States Are Where the Best Housing Market Appreciation is Found

Today’s News Synopsis: According to the latest report from Zillow, the Southern States are the places to go to find housing markets with the best appreciation.  The FHFA released their latest report showing a 1.5% increase in home prices in the fourth quarter.  Mortgage rates continue to remain steady due

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