OUR NEWS

Aug 29, 2019

Sorry Millennials. No 2008 Bargains In This Recession

Today’s News Synopsis: A recession won’t help you buy a house.  Mortgage rates increased slightly from last week but generally held steady with 30-year rates now at 3.58% and 15-year rates at 3.06%.  The National Association of Realtors reported a 2.5% decrease in pending home sales in July. In The

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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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Apr 08, 2019

Agents, You’re Being Judged!

Today’s News Synopsis: Does the car the real estate agent drives matter, and how much?  What features should you add to your home if you want to increase the chances of it selling by 30%?  Due to the decrease in mortgage rates, housing sentiment saw a huge increase in March.

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Jan 17, 2019

Rising Rates Are Having A Ripple Effect Across The Housing Market

Today’s News Synopsis: How will real estate handle rising interest rates?  Mortgage rates continue to hold ground with 30-year rates at 4.45% and 15-year rates at 3.88%.  More and more newly constructed homes may be undergoing price cuts. In The News: NAHB – “Remodeler’s Confidence Holds Relatively Steady in Fourth Quarter”

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Jan 16, 2019

Pretty Good, Even If Your Team Is Bad

Today’s News Synopsis: How do sports stadiums impact real estate?  According to the latest MBA Mortgage Applications Survey, mortgage applications increased 13.5% from last week.  If you are thinking of moving or just want to have more space, what are some of the top 50 things you should consider tossing?

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Nov 05, 2018

Is A Crash Looming?

Today’s News Synopsis: Another Southern California home-price boom is cooling.  Amazon’s HQ2 location search just took a surprise twist.  According to Black Knight Financial Services, the increase in interest rates led to a decrease in the number of people with an interest rate incentive to refinance as well as housing in

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Sep 26, 2018

Even As Market Begins To Soften

Today’s News Synopsis: Millennials face housing hurdles.  In a breaking news story, the Federal Reserve increased interest rates once again.  New home sales increased 3.5% last month. In The News: CNBC – “Apartment rents are suddenly rising faster, reversing year-long trend” (9-26-2018) “Buying a home is getting more and more expensive,

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Sep 21, 2017

Attom Data: Homes in Higher Risk Areas Have More Equity and Longer Tenures.

Today’s News Synopsis: Home prices are rising faster in high natural disaster risk areas.  According to the latest home equity analysis from CoreLogic, the number of homes with a mortgage that is still in negative equity is 2.8 million.  The Federal Reserve has plans to start shrinking their bond portfolio

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Aug 08, 2017

Is Aging In Place Dominating the Housing Market?

Today’s News Synopsis: Baby Boomers who refuse to sell are adding to housing shortage.  A recent study from Trulia showed those with a greater chance of owning a home and higher ownership rates were those who graduated from college and received advanced degrees.  An entire street in San Francisco was

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Jun 14, 2017

Interest Rates Saw the Third Increase Today by the Federal Reserve Since 6 Months Ago

Today’s News Synopsis: In a breaking news story, the Federal Reserve raised interest rates today for the third time in six months and plans to raise them one more time.  However, they may reconsider this decision with the drastic decrease and slowdown in consumer-price inflation.  More wealthy home buyers are

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