Invitation Homes

“Sellers Need a Trusted Adviser (Realtors) They Can Lean On”-Zillow

Today’s News Synopsis: Instant Offers:  Zillow tells you what it is, isn’t, what they learned and where it’s going.  Housing affordability is lower with increased home prices and tight inventory, standing at 29% compared to 32% in the first quarter.  Mortgage rates also decreased again with 30-year rates at 3.9% and 15-year rates at 3.18%. …

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AppFolio Releases AppFolio Releases List of Markets Where Renting is the Most and Least Affordable

Today’s News Synopsis: Homeownership and vacancy rates across the nation totaled 1.8% and 6.9% in the fourth quarter according to the latest Census Bureau report.  AppFolio just released their list of markets where renting is the most and least affordable.  Redfin and Sun Number also released their list of top ten cities that have the …

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Homes in California Are the Least Affordable Despite Rising Home Prices

      Today’s News Synopsis: The Mortgage Bankers Association reported a 2.8% increase in mortgage applications from last week in their latest Mortgage Applications Survey.  Foreclosures decreased 34.4% year-over-year and stands at 640,000 compared to 976,000 last year.  Homes in California, specifically Los Angeles and Orange County, are the least affordable despite a strong …

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