housing starts

Yes, But At A Slower Pace

Today’s News Synopsis: Has the mortgage forbearance curve flattened?  Despite yesterday’s story that builder confidence has improved, housing starts decreased to their lowest level in five years last month.  Even in the midst of the pandemic, most real estate investment trusts are still receiving their rent….minus retail. In The News:   MarketWatch – “Housing starts …

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Record Number of Boomers Hitting Retirement Age Face Deep Challenges

Today’s News Synopsis: Harvard study shows housing inequality for seniors.  Mortgage rates increased this week with 30-year rates now at 3.69% and 15-year rates at 3.15%.  Despite this, there’s still home for homebuyers.  Have you wanted to live in your own Barbie Dreamhouse?  Now, thanks to Airbnb, you can. In The News: Freddie Mac – “Mortgage …

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A Painting For a Tax Break?

Today’s News Synopsis: Affluent art collectors may have an opportunity at a tax break thanks to opportunity zones.  Housing starts showed a healthy increase in August at 12.3%.  Mortgage applications remained relatively the same, having decreased by only 0.1%. In The News: NAHB – “Housing Starts Post Healthy Gains in August” (9-18-2019) “Led by a surge …

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Missed The Walking Dead? Just Go To These 10 Housing Markets

Today’s News Synopsis: Which markets had the most zombie foreclosures in the third quarter of 2019?  HUD and the Commerce Department reported single-family housing starts showed some improvement in July, standing at 1.19 million, despite total starts falling 4%.  Which two cities are the most competitive when it comes to their housing markets? In The …

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Want An Instagram Story For Your Real Estate?  Look No Further Than Homesnap

Today’s News Synopsis: Homesnap now allows realtors to film and edit videos of their property to be immediately shared on their Instagram.  The NAHB reported housing starts increased by a whopping 18.6% in January to 1.23 million.  Which metropolitan areas have the highest vacancy rates? In The News: Forbes – “Three Important Pieces Of News You …

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Seize The Market!

Today’s News Synopsis: As more buyers are seizing control of the market, so are more home-sellers decreasing their prices.  The Commerce Department reported an 11.2% decrease in housing starts in December.  So what exactly is that one thing you need to check before buying a home if you want to save A LOT of money? …

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