home value

Co-Buy or No Buy

Today’s News Synopsis: How are millennials affording homes without their parents’ help?  Mortgage rates changed very little with 30-year rates now at 3.49% and 15-year rates at 2.99%.  Foreclosure activity increased 13% last month, marking the second month in a row to see an increase in foreclosures. In The News: Freddie Mac – “Little Change in …

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Here Come The Robots

Today’s News Synopsis: Homebuilding labor shortage?  Mortgage rates remained about where they were at with 30-year rates at 4.45% and 15-year rates at 3.88%.  Foreclosure rates were at their lowest in 13 years according to the latest report from ATTOM Data Solutions. In The News: Zillow – “Home Value Appreciation Slowed in Most Major Markets” …

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Typical U.S. Home Worth More Than 200K For the First Time Ever According to Zillow

Today’s News Synopsis: During the height of the housing bubble over a decade ago, the median U.S. home value peaked at $196,600 but never surpassed the $200,000 threshold until now.  Freddie Mac reported mortgage rates decreased again with 30-year rates now at 3.96% and 15-year rates 3.23%.  There has not been one new residential development in Industry City …

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Homeowners with Biggest Struggles to Receive New Opportunities from HOPE NOW Outreach Efforts

  Today’s News Synopsis: The risk for Freddie and FHFA loans increased 0.3% year-over-year in March to 11.84%, putting them at a new high but not showing much change over all from the past three months.  According to the latest Homeowner Sentiment Survey, homeowners are placing new value on their homes that is involving more than …

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Our Auctions Rely on Serious Buyers with Money to Determine the Price…not the seller or the appraiser by Randy Grigg, Elite Auctions

If you’re a control freak, it can be difficult to let the free market make the decision on what your “magnificent” rehab is really worth in a five-minute period of time. As a control freak myself, it took several auctions using our own inventory to realize sometimes the market said our property was worth more …

Our Auctions Rely on Serious Buyers with Money to Determine the Price…not the seller or the appraiser by Randy Grigg, Elite Auctions Read More »

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