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 …
Today’s News Synopsis: Where’s the best place to put your money if you are saving up for a down payment. Zillow expects home prices to rebound next year following a dip this year. ATTOM Data Solutions gives us the top 10 metros that saw the greatest gains in the home seller prices. In The News: …
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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?” …
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. …
Today’s News Synopsis: Do people worry about climate change when buying or selling a home? The latest S&P CoreLogic Case-Shiller Home Price Index showed a 3.8% increase in home prices. Opportunity zones are seeing their best period of growth this year. In The News: Yahoo Finance – “Real Estate Values Just Got Another Big Reality Check” …
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 …
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” …
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 …
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 …
Today’s News Synopsis: 6 cities you need a 6 figure salary to afford. Home prices increased by 3.5% year-over-year according to CoreLogic. Is rent control as effective as it seems? In The News: Inman – “Rent control is getting more popular, but does it actually work?” (12-3-2019) “New laws in California and Oregon show that rental …