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Jul 19, 2019

Your Next Stop….The Opportunity Zone #462

 Real Estate News Recap: Builder Confidence Holds Firm in July Single-Family Starts Increase in June Mortgage Rates Head Up U.S. Median Home Prices Reach A New Peak In Q2 2019 Here’s what the recent earthquakes could do to California’s shaky housing market Why Renters Should Get Serious About Owning

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Jul 18, 2019

More Than Just A Tax Break

Today’s News Synopsis: Understanding Opportunity Zones.  Mortgage rates increased this week with 30-year rates now at 3.81% and 15-year rates at 3.23%.  U.S. Median Home Prices Reach A New Peak In Q2 2019, up 10.8% from the previous quarter and 6.4% year-over-year. In The News: Inman – “Understanding the nuances of

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Jul 17, 2019

More Affordable Homes On The Way

Today’s News Synopsis: Builders pivot meets the needs of Millennials.  June saw an increase in single-family housing starts last month.  However, another realtor survey showed foreign investment in U.S. residential real estate is declining significantly. In The News: NAHB – “Single-Family Starts Increase in June” (7-17-2019) “Single-family gains helped offset a

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Jul 16, 2019

Size Doesn’t Always Matter

Today’s News Synopsis: Not all square feet are created equal when it comes to your floor plan.  NAHB reported builder confidence increased by one point to 65 for new single-family homes.  Senior housing seems to be the market more investors are looking at. In The News: Forbes – “What’s The State

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Jul 15, 2019

Is The California Real Estate On Shaky Ground?

Today’s News Synopsis: Natural disasters cause trouble in housing markets.  Black homeownership is at it’s lowest on record.  Despite renting being the way to go for many in the market, it may be time to start looking at buying. In The News: Zillow – “Zillow Now Buying and Selling Homes in

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Jul 12, 2019

iBuyer Disruptors Disrupting The Disruptors #461

 Real Estate News Recap: Mortgage Credit Availability Increased in June CoreLogic Reports Lowest Overall Delinquency Rate in More Than 20 Years This April Mortgage Rates Remain Stable Apartment rental demand soars as more millennials believe it’s cheaper than owning a home Mortgage Payment Within Reach for High School Grads

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Jul 11, 2019

iBuyer Partnership To Expand Redfin’s Reach

Today’s News Synopsis: Opendoor partners with Redfin.  Freddie Mac reported mortgage rates remained stable with 30-year rates now at 3.75% and 15-year rates at 3.22%.  What are some of the strangest things sellers have removed from their home before moving out that was quite inconvenient to the new buyer? In The

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Jul 10, 2019

I Can Almost Reach That Mortgage

Today’s News Synopsis: Zillow’s latest report showed that high school grads in most cities can almost afford that mortgage payment.  The Mortgage Bankers Association reported a 2.4% decrease in mortgage applications from last week.  What are the five crucial questions you need to ask before selling your home? In The

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Jul 09, 2019

Can You Match The Demand To The Supply? Apparently Not In This Market

Today’s News Synopsis: The biggest thing pushing buyers out of the market is an uneven match between housing supply and buyer demand.  The amount of mortgage credit available increased last month by 0.2% to 189.8.  Meanwhile, CoreLogic reported delinquency rates were at their lowest in 20 years as of April.

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Jul 08, 2019

You Won’t Go Home Hungry In These Places

Today’s News Synopsis: What are the top ten places in the United States for food destinations?  ThinkRealty released their latest report on the housing market, sharing things like the need for mortgage applications to change and more.  If you’re coming from out of town and want that home that’s over

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