housing inventory

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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Nope, At Least According To This Report

Today’s News Synopsis: Will Millennials ever stop renting?  Mortgage rates held steady this week with 30-year rates at 3.68% and 15-year rates at 3.14%.  The amount of available mortgage credit increased last month by 2.1%. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (12-5-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market …

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Could Help People Get Back On Their Feet

Today’s News Synopsis: Rundown hotels are becoming affordable apartments.  Mortgage rates decreased slightly with 30-year rates now at 4.75% adn 15-year rates at 4.21%.  What unique experience happened with Phoenix real estate agent Andy Gregg that involved his smart technology. In The News: Freddie Mac – “Mortgage Rates Pull Back” (12-20-2018) “Freddie Mac (OTCQB: FMCC) today released …

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Many Question If Fed Will Continue With Plan to Raise Rates

  Today’s News Synopsis:   The outlook for economic growth in the second quarter was below positive expectations according to Fannie Mae, primarily due to a decrease in equipment and structure investments on nonresidential properties.  Many are beginning to question if the Fed will continue with their plan to raise rates after seeing recent losses …

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