home prices

Industry Looks To Address Long-Term Problems

Today’s News Synopsis: Real estate promises change.  According to CoreLogic, home prices increased 5.4% year-over-year in April, but they are expected to increase again next year.  The share of mortgage loans in forbearance increased to 8.46%. In The News:   CoreLogic – “Home Prices Predicted to Decrease in the Next Year” (6-2-2020) “National home prices …

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What About Home Prices???

Today’s News Synopsis: Home sales will go down in 2020.  According to the latest MBA Weekly Survey, mortgage applications increased 7.3% from last week.  Meanwhile, builder confidence posted a historic decline. In The News: MarketWatch – “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?” …

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Home Construction Divided By Political Parties

Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win.  Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year.  Home prices increased 4% year-over-year according to CoreLogic. …

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Just How High Is Rent Getting?!

Today’s News Synopsis: Well, even middle-Americans can’t afford it.  Home prices increased by 4% year-over-year in December according to CoreLogic.  More Americans are staying in their homes longer. In The News: CoreLogic – “CoreLogic Reports December Home Prices Increased by 4% Year Over Year” (2-4-2020) “CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions …

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Hint….You May Want To Start Heading Southeast

Today’s News Synopsis: What are the hottest neighborhoods to keep your eye on this year?  Millennials are excited about buying a home, but not so much about the process.  Home prices continued to see increases back in November, having increased 3.5% year-over-year. In The News: MSN – “CFPB moves to eliminate mortgage debt-to-income rule for borrowers” …

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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 estate options that can accommodate …

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Make It Cozy and Bright

Today’s News Synopsis: Want to throw a rockin holiday-themed open house?  Existing-home sales decreased 1.7% in November according to the National Association of Realtors.  Mortgage rates remained flat with 30-year rates at 3.73% and 15-year rates at 3.19%. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (12-19-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary …

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