home-price index

Got to Beat the Heat! I’ll Pay a Little More

Today’s News Synopsis: Homes buyers are willing to spend more money on are those with an air conditioner, even if it means a $5,500 premium.  CoreLogic reported home prices increased 7.1% year-over-year and 1.1% month-over-month in May.  Which towns will be watching drones instead of fireworks due to fire danger? In The News: Wired – “Airbnb’s …

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Interest Rate Incentive To Refinance is Going, Going, Gone

Today’s News Synopsis: Over a million Americans just lost their shot at refinancing.  CoreLogic reported a 6.6% increase in home prices in January for the sixth month in a row.  What are the 100 richest communities in America?  Bloomberg gives you the scoop. In The News: CoreLogic – “CoreLogic Reports Home Prices Rose More Than 6 …

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How Accurate Is Zestimate?

Today’s News Synopsis: It’s Zestimate not Exactimate.  The latest home price report from CoreLogic showed home prices increased 7% year-over-year in October and are projected to increase 4.2% by next October.  Even Zillow increased their expectations for home price growth in 2018. In The News: Freddie Mac – “Freddie Mac December Insight” (12-5-2017) “Freddie Mac (OTCQB: FMCC) released …

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Millennials Shifting Habits, Forming Families

Today’s News Synopsis: Millennial home buyers less interested in renting.  The latest Home Price Index Report from CoreLogic showed out of the 50 largest markets in the nation, almost half of them are overvalued.  Airbnb is partnering with San Francisco’s largest landlord, Veritas Investments, in order to help them increase their short-term rentals. In The …

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Real Estate Today Adjustable Rate

Adjustable Rate Mortgages Jump From 15% to 40% Q2 2017

Today’s News Synopsis: Homebuyers look to riskier mortgages to offset higher home prices.  The latest Home Price Report from CoreLogic shows home prices increased 6.9% in August.  Rents on LA properties managed to remain in place for the first time in seven months. In The News: CoreLogic – “CoreLogic US Home Price Report Shows Prices Up …

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