OUR NEWS

Oct 01, 2019

And Yes, California Has The Highest

Today’s News Synopsis: What is the average rent in every state?  Home prices increased 3.6% year-over-year in August according to CoreLogic.  More and more people are putting off living on their own. In The News: Realtor.com – “Lessons From Listings Photos: This Bold Boston Townhouse Proves That Color Can Sell a

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Sep 19, 2019

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)

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Sep 05, 2019

Maybe The “Flier Bandit” Got You

Today’s News Synopsis: Is your house not selling?  Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.49% and 15-year rates at 3%.  The new plan for the GSEs is expected to be revealed very shortly. In The News: Freddie Mac – “Mortgage Rates Drop” (9-5-2019) “Freddie

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Jun 12, 2019

White Is White, Right? NOPE!

Today’s News Synopsis: The personal hell of picking the right white paint.  The Mortgage Bankers Association reported a 26.8% increase in mortgage applications from last week.  Real estate is at a “tipping point” according to John Campbell of Zillow, Redfin and eXp Realty. In The News: Realtor.com – “The Personal Hell

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Jun 04, 2019

Changes Could Lower Housing Cost For Millions of Americans

Today’s News Synopsis: Fannie and Freddie changes coming.  CoreLogic reported home prices increased 3.6% year-over-year in April.  Meanwhile, home prices for newly constructed homes decreased by 1% in the first quarter. In The News: Forbes – “Expecting?  These Cities Are The Most Affordable Places To Raise A Child” (6-4-2019) “It’s tough

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Jun 03, 2019

Too Much Student Debt=Millennials Can’t Afford Homeownership

Today’s News Synopsis: What is the biggest thing holding millennials back from becoming homeowners?  Student loan debt.  Fannie Mae and Freddie Mac announced today the completion of their new UMBS program.  Although affordable housing is possible for both builders and buyers, there is still one problem. In The News: Armstrong

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May 08, 2019

FHFA Not Counting On A Legislative Solution

Today’s News Synopsis: Fannie and Freddie may be freed without Congress.  The Mortgage Bankers Association reported a 2.7% increase in mortgage applications from last week.  The next time you shop on Amazon, look for a do-it-yourself backyard guest house that can be built in 8 hours. In The News: Curbed –

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May 07, 2019

Riverside, CA Has The Biggest Share

Today’s News Synopsis: More than 1/5 Millennials still live with mom.  Home prices in March increased by 3.7% year-over-year according to CoreLogic.  So what it is about that $17,000 “sweet spot” that could help you in selling your home? In The News: Zillow – “More Than One in Five Millennials Sill

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Mar 27, 2019

Only 16% of Redfin Buyers Say They Faced Bidding War In March

Today’s News Synopsis: Fewer bidding wars says Redfin.  The Mortgage Bankers Association reported an 8.9% increase in mortgage applications from last week.  Conservatorship for Fannie and Freddie officially ended today by Trump. In The News: Redfin – “Only 16 Percent of Redfin Buyers Faced a Bidding War So Far in March,

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Mar 12, 2019

Honey, I Shrunk Fannie and Freddie

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

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