OUR NEWS

Jan 17, 2020

Are You Using VR In Your Real Estate Marketing? #485

 Real Estate News Recap: Mortgage Credit Availability Decreased in December CoreLogic Reports U.S. Overall Delinquency Rate Lowest for an October in at Least 20 Years Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Generally Hold Steady Renting is more affordable than buying in almost 50% of these

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Jan 16, 2020

Even For Those With The Greenest Thumbs

Today’s News Synopsis: Keeping house plants alive is tough work.  Freddie Mac reported Mortgage rates held steady this month with 30-year rates at 3.65% and 15-year rates at 3.09%.  Foreclosure activity dropped to its lowest in 15 years last year, having decreased 21% year-over-year to 493,066. In The News: Freddie

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Jan 15, 2020

Is Your Dream Home Really Within Your Budget?

Today’s News Synopsis: All the hidden costs of buying a home.  The Mortgage Bankers Association reported a 3.2% increase in mortgage applications from last week.  Job growth is slower as a result of weaker affordability. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (1-15-2020)

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Jan 14, 2020

More Than Half Are In Los Angeles, San Francisco and New York

Today’s News Synopsis: How many million-dollar cities are there in the U.S.?  What bargains are playing hide-and-seek in the biggest cities?  Mortgage delinquencies were at their lowest in 20 years in October. In The News: Realtor.com – “Living High on Low Rent: Where the Bargains Are Hiding in America’s Biggest Cities”

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Jan 13, 2020

Where’s My Flying Car?

Today’s News Synopsis: The future is now.  The Mortgage Bankers Association reported the amount of available mortgage credit decreased in December by 3.5% to 182.2.  In almost 50% of the markets in the U.S., it is more affordable to rent than buy, and they all have one thing in common.

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Jan 10, 2020

What’s Next For New Technology #484

 Real Estate News Recap: CoreLogic Reports November Home Prices Increased by 3.7% year Over Year Housing inventory falls to a two-year low Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey Mortgage Rates Drop as 2020 Gets Underway The States That Residents Are Leaving And The

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Jan 09, 2020

What’s The Magic Words?

Today’s News Synopsis: Certain words and phrases could help boost your property listings.  What are they?  Freddie Mac reported mortgage rates began this year by decreasing, putting 30-year rates now at 3.64% and 15-year rates at 3.07%.  The latest trend combines millennials with granny-chic for a new style called “grandmillennial.”

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Jan 08, 2020

Would You Believe It’s Houseplants

Today’s News Synopsis: What is the latest reason millennials are not buying homes?  The Mortgage Bankers Association reported mortgage applications decreased 1.5% from the last two weeks.  The shortage of homes is getting worse for all types of houses, even luxury. In The News: Mortgage Bankers Association – “Mortgage Applications Decreased

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Jan 07, 2020

Buy a vacation home

Today’s News Synopsis: Can’t afford a home?  Home prices increased 3.7% in November according to CoreLogic.  Meanwhile, housing inventory is at its lowest in two years. In The News: Forbes – “ADUs Boost Accessibility And Affordability Of Prime Real Estate” (1-7-2020) “More communities throughout the U.S. are demanding more flexible real

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Jan 06, 2020

Depending On Where You Live, Not Much

Today’s News Synopsis: How much house can you afford?  Which states are people moving from and moving to?  More Americans are choosing to spend their retirement years renting, which is a good indication of the changing times and financial situations. In The News: Forbes – “The States That Residents Are Leaving

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