OUR NEWS

Aug 14, 2019

Condo Owners – Your Financing Just Got Easier

Today’s News Synopsis: The FHFA just announced changes to its condominium rules to make it easier for owners to finance, news they have been waiting to hear for a long time.  Mortgage debt is at a record-high, even higher than its peak back in 2008.  The Mortgage Bankers Association reported

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Aug 18, 2017

Does the Thought of a Recession Scare You? #367

Real Estate News Recap: 93.9% Of Homes in the US Have Positive Equity Nice Rebound in Builder Confidence – NAHB Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High Pitiful Housing Supply Slighted Dampened Q2 Home Sales Home Sales Fell 3.5 Percent in July, the 22nd Consecutive Month

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Oct 24, 2016

ATTOM DATA and Ten-X Both Release Their Latest Reports on the Single-Family Housing Market

Today’s News Synopsis: ATTOM Data Solutions released their latest data on the single-family rental market for the third quarter, showing which markets are the best for these homes.  A similar report was released by Ten-X showing the best markets for single-family non-rentals, Florida and Las Vegas being at the top.

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Oct 18, 2016

Fannie Mae Expects Economic Growth to be at 2.4% For Second Half of Year

Today’s News Synopsis: The Labor Department released their latest consumer-price index report showing consumer prices increased 0.3% last month, the most in five months.  The NAHB reported strong builder confidence this month, having decreased by only two points and standing at 63.  Fannie Mae released this month’s Economic and Housing

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Oct 03, 2016

Black Knight Financial’s Latest Home Price Index Shows Increase in Price Index Values

Today’s News Synopsis: Black Knight Financial just released their latest home price index for July 2016, showing the home price index value for the nation increased 0.4% month-over-month and 5.3% year-over-year.  More and more millennials could have better job opportunities with the increase in workers needed for home construction.  Stocks

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Sep 28, 2016

Janet Yellen and Fed Investigating Big Banks After Accusations Arise Against Wells Fargo

Today’s News Synopsis: Mortgage applications decreased by 0.7% as a result of a decrease in refinancing.  The American Institute of Architects released their latest researched showing what kind of special function rooms consumers prefer, the top being outdoor living spaces, mud rooms, and home offices.  Following accusations against Wells Fargo

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Jul 13, 2016

Communities Centered on the Farm Becoming More Popular for Homebuyers

Today’s News Synopsis: The Mortgage Bankers Association reported a 7.2% increase in mortgage applications.  The main group right now not interested in purchasing a home is millennials still paying their student debt.  Interestingly, a popular site now for a lot of home-buyers are those centered on the farm. In The

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Jun 02, 2016

NAR Releases List of Top Ten Markets for Millennials

Today’s News Synopsis: The MBA reported a decrease in the amount of mortgage credit available by 0.8% to 121.4.  The National Association of Realtors released a list of the top markets where millennials could have a better time buying.  More delinquent loans were just sold off by Freddie Mac at

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May 17, 2016

NAHB Reported 6.6% Increase in Housing Starts for April

Today’s News Synopsis:   The NAHB reported a 6.6% increase in housing starts for the month of April.  The commercial market is expected to improve in the coming months according to the latest US Macro Forecast by Cushman & Wakefield.  A new bill has been introduced by Rep. Tom Emmer

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May 10, 2016

More People Choosing to Stay In their Distressed Properties Rather Than File Foreclosure

Today’s News Synopsis:   Freddie Mac reported a decrease in mortgage repurchases by 95% since their peak in 2010.  87% of metropolitan areas saw an increase in home prices in the first quarter.  More and more people with distressed properties are choosing to keep their homes rather than file foreclosure.

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