home values

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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Housing Market Is Competitive, Unequal and Just Getting By. Just Like Us.

Today’s News Synopsis: Harvard’s State of the Nation Housing report released.  Home values in the U.S. decreased for the second month in a row by 0.1%, putting the average home at $226,800.  Are quick closings really best for the consumer? In The News: Zillow – “U.S. Home Values Fall for the Second Straight Month” (6-25-2019) “U.S. …

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Looks Do Matter In The Real Estate Market

Today’s News Synopsis: Does your neighbor have an ugly house?  Zillow has expanded their buying and selling business to Denver.  The city where Amazon’s second headquarters will be located could see a 30% increase in home prices for that city. In The News: Inman – “Exclusive: Opendoor testing new co-listing partnership with selected agents” (10-22-2018) “The iBuyer …

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Projects Funded By the City Would Have To Allow Pets

Today’s News Synopsis: LA considering pet-friendly requirement for affordable housing.  New home sales in the U.S. decreased 1.7% last month according to the Commerce Department.  Mortgage rates continue to show signs of decrease with 30-year rates now at 4.51% and 15-year rates at 3.98%. In The News: ATTOM Data Solutions – “ATTOM Data Solutions Launches Consolidated …

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Slow Sales and Dropping Mortgage Applications Have Some Saying Yes

Today’s News Synopsis: Is the housing market starting to cool off?  The NAHB’s 55+ Housing Market Index showed increased confidence in that segment of the market, which increased to 67.  Freddie Mac reported mortgage rates increased again with 30-year rates now at 4.6% and 15-year rates at 4.08%. In The News: Zillow – “Home Values Growing …

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The Most Significant Regulatory Relief Bill Since the Great Recession

Today’s News Synopsis: Dodd-Frank relief bill is signed by President.  Existing home sales decreased 2.5% in April according to the National Association of Realtors.  Meanwhile, the value of homes increased at their fastest pace in 12 years, having risen 8.7% to a median value of $215,600. In The News: Inman – “Quicken Loans’ In-House Realty purchases …

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The Impact On Buying and Selling When Kids Are Involved

Today’s News Synopsis: What does it mean when “you’re moving with kids.”  The National Association of Realtors reported a 1.3% decrease in existing-home sales last month.  A judge in Illinois ruled in favor of keeping Zillow’s zestimates after homeowners tried to sue to have it taken away. In The News: National Association – “Existing-Home Sales Slide …

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