Sep 19, 2019

It’s Like The Real Estate Disruptor Dating Game Out There

Today’s News Synopsis: Zillow is partnering with builders.  The National Association of Realtors Reported existing-home sales increased by 1.3% in August.  Mortgage rates increased greatly this week with 30-year rates now at 3.73% and 15-year rates at 3.21%. In The News: Freddie Mac – “Mortgage Rates Jump” (9-19-2019) “Freddie Mac (OTCQB: FMCC)

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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 02, 2019

Is It Time To Sound The Alarm?

Today’s News Synopsis: Alt-doc loans have doubled in the last 2 years.  Home prices increased 3.6% year-over-year in May according to CoreLogic.  Where is the number one zip code for baby boomers to live in America? In The News: Curbed – “Oregon just effectively banned single-family zoning” (7-2-2019) “Oregon just staked

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Jun 17, 2019

Mid-Century Modern Tops The List, But California Loves Hollywood Regency

Today’s News Synopsis: What is every state most popular interior design style?  Home sales increased in May with both the lower interest rates and median prices reaching another high.  Builder confidence remained strong in June according to the latest National Association of Home Builders/Wells Fargo Housing Market Index. In The News:

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Oct 30, 2018

It Isn’t What You Expect

Today’s News Synopsis: How many hours do you need to work to afford your mortgage in each city?  The latest Case-Shiller Index showed home price gains were only 0.1%, putting it at 5.5% higher than last year but its lowest annual increase in almost two years.  In fact, California as

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Sep 24, 2018

Then Get Some Robot Furniture

Today’s News Synopsis: Don’t have room for furniture?  According to the latest report from Black Knight Financial Services, the mortgage delinquency rate decreased to 3.25% in August, down from 3.93% in July and putting it at a 12-year low.  Freddie Mac reported a slowdown in home sales despite a strong

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Jul 23, 2018

Try Renting The One You Have!

Today’s News Synopsis: Can’t afford a bigger home?  The National Association of Realtors reported a 0.6% decrease in existing-home sales last month.  72 million homes are expected to run on solar power by 2030. In The News: Freddie Mac – “Freddie Mac July Forecast: Home Sales Could Grow if Inventory Improves”

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Jan 11, 2018

25 Solutions From A Builder’s Perspective

Today’s News Synopsis: Is the California Housing Crisis fixable?  The amount of homes sold that were above the asking price was almost 25%.  According to the latest Primary Mortgage Market Survey from Freddie Mac, mortgage rates increased again with 30-year rates now at  3.99% and 15-year rates at 3.44%. In

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Aug 16, 2017

How Will a Recession Impact the Real Estate Market?

Today’s News Synopsis: Experts are predicting a recession within three years.  The National Association of Realtors reported a 6.2% increase in home prices in the second quarter.  In addition, existing home sales decreased from the first quarter by 0.9% to 5.57 million due to lackluster supply. In The News: Zillow –

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Jun 21, 2017

CAR’s Latest Home Sales and Price Report Shows Increase in Existing Home Sales

Today’s News Synopsis: The latest home sales and price report from the California Association of Realtors showed existing home sales increased 5.4% month-over-month and 2.6% year-over-year.  CoreLogic is expected to announce next week how they did financially in the second quarter.  GoBankingRates released a list of the few places left

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