Goldman Sachs

AR Will Show You What Items Can Look Like In Your House

Today’s News Synopsis: Augmented Reality coming to Real Estate.  Borrowing on commercial and multifamily properties increased 21% year-over-year in the third quarter.  In order to keep up with the constant increase in home prices, home buyers would need to save $600 a month. In The News: NAHB – “Los Angeles Takes Top Spot as Nation’s Least …

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Looks Like Amazon Is About To Dip Its Toes Into Real Estate

Sources: Black Knight’s May Mortgage Monitor: Underwater Borrower Population Below Two Million for First Time Since 2006 Higher interest rates send mortgage applications tanking, down 7.4% Mortgage Rates Jump Again With autonomy, commercial real estate could go mobile CoreLogic Reports Mortgage Performance Continues Steady Improvement in April 2017 Yellen Heads to Congress Wondering Why Job …

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$12.3 Billion Was the Reported Annual Net Income for 2016 for Fannie Mae

Sources: America’s Suburban Hotspots 17.3 Million U.S. Homes with Combined Value of $4.9 Trillion in Zip Codes with High Environmental Hazard Risk The Bay Area Tops List of Best Markets for Sellers; Baltimore and Miami Are the Best for Buyers When It Comes to Moving, Millennials Are Stuck in the Mud Delinquencies Increase in Fourth …

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Existing-Home Sales Decreased to Lowest in 18 Years

Today’s News Synopsis: MISMO has decided to allow more time for people to leave their comments and opinions regarding rent exchanges on commercial properties.  A new mobile app was released today by CoreLogic allowing customers a broader access to property data.  Existing-home sales decreased in December to their lowest in 18 years. In The News: …

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Fannie Mae Reports Decrease in Housing Sentiment by 0.5 Points

Today’s News Synopsis: According to the latest Home Purchase Sentiment Index from Fannie Mae, housing sentiment saw a decrease for the fifth month in a row, dropping 0.5 points to 80.7.  The latest Mortgage Monitor report released today by Black Knight Financial Services showed the delinquency rate is not decreasing but returning to normal levels. …

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Existing-Home Sales Increased Last Month for Third Month in a Row

Today’s News Synopsis: The Mortgage Bankers Association reported a 2.5% increase in mortgage applications from last week.  Existing-home sales also increased last month for the third month in a row by 0.7% to 5.61 million.  Of all home sales that occurred in September, 31.7% of them were cash sales. In The News: Mortgage Bankers Association – …

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Home prices in the U.S. increased 6.7% According to CoreLogic

Today’s News Synopsis: Home prices in the U.S. increased 6.7% in October according to the latest CoreLogic Home Price Report.  Since its introduction in September, the S&P real estate sector has decreased 10% and is in danger of continuing to decline.  Invitation Homes L.P., located in Texas and serving as an owner of rental homes, …

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84 Employees of Goldman Sachs Have Just Been Named Their New Partners

Today’s News Synopsis: The Mortgage Bankers Association reported a 1.2% decrease in mortgage applications from last week.  A new multifamily K-Deal was just pricced by Freddie Mac at $1.2 billion.  84 employees of Goldman Sachs have just been named their new partners, the most in 6 years. In The News: Mortgage Bankers Association – “Mortgage Applications …

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Claims of Unemployment Increased Last Week After Being At their Lowest in 40 Years

Today’s News Synopsis: Freddie reported mortgage rates are still at historical lows despite being at a four-month high.  Claims of unemployment increased last week for the first time since July after being at their lowest in 40 years.  Lending on multifamily homes was up 28% last year according to the Mortgage Bankers Association. In The …

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More Real Estate Firms Positive About Future Earnings

Today’s News Synopsis: HUD and the Commerce Department reported a 5.8% decrease in housing starts last month.  The NAR held a survey recently showing more and more real estate firms and brokerages are positive about future profit.  Stocks increased as people continue to wait to see what decision the Fed will make regarding interest rates. …

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