Manhattan

AR Will Show You What Items Can Look Like In Your House

Today’s News Synopsis: Augmented Reality coming to Real Estate.  Borrowing on commercial and multifamily properties increased 21% year-over-year in the third quarter.  In order to keep up with the constant increase in home prices, home buyers would need to save $600 a month. In The News: NAHB – “Los Angeles Takes Top Spot as Nation’s Least …

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Amazon Teaming Up With Nation’s Biggest Landlords

Today’s News Synopsis: Amazon Lockers coming to big buildings.  Several low to median-valued homes are expected to be severely impacted by rising sea levels, costing upwards of $916 billion.  ATTOM Data Solutions released a list of 20 cities where home flipping is at its highest. In The News: Zillow – “Rising Sea Levels Pose Significant Risk …

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Despite Overall Progress, Some States Still Have Not Made Comeback After Recession

Today’s News Synopsis: Real estate prices in Manhattan, especially apartments that sold for $2.19 million on average, were at their highest on record in the second quarter.  Mortgage rates increased again according to Freddie Mac with 30-year rates now at 3.96% and 15-year rates at 3.22%.  Despite the country making progress after the recession, several …

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Median Home Prices The Least Affordable in Nine Years According to ATTOM Data Solutions

Today’s News Synopsis: In an interesting news story, the most common names of homeowners with the most valuable homes is Stuart and Alison.  Freddie Mac reported mortgage rates decreased to a new low with 30-year rates at 3.88% and 15-year rates at 3.17%.  Median home prices in the U.S. came in at $253,000 in the …

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25% of Sellers Not Worried About Selling Their Home

Today’s News Synopsis: 25% of sellers are not worried about selling their home according to the latest NAHB survey.  The latest Mortgage Monitor Report from Black Knight Financial Services showed that 19% of HELOCs that are currently active are expected to reset this year.  More and more people are choosing to remodel and make small …

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Realtor.com Releases List of Preferred Retirement Places..and Florida is Not One

Sources: The S&P CoreLogic Case-Shiller National Index Annual Return Sets 31-Month High Credit Complaints Amplify in Latest CFPB Report Pending Sales of Existing Homes in U.S. Rise Most Since 2010 Average US 30-year mortgage rate slips to 4.14 percent Understanding the Small and Medium Multifamily Housing Stock Millennial Magnets: The Top 10 Cities Where Young …

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Latest Case-Shiller Index Shows Prices at 31-Month High Year-Over-Year

Today’s News Synopsis: The latest Case-Shiller National Index from S&P and CoreLogic showed a 5.9% annual gain in home prices, putting them at their highest in 31 months.  The latest report from the CFPB showed complaints regarding credit were much higher from December 2016-February 2017.  A new product was released by ATTOM Data Solutions today …

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CoreLogic Reports Borrowers Who Received Equity Back Last Year was 1 Million

Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 3% increase in home fliping last year, putting it at its highest in ten years.  Mortgage rates are also at their highest this year with 30-year rates at 4.21% and 15-year rates at 3.42%.  CoreLogic reported the number of borrowers who received their …

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