Aug 07, 2019

Is This Another Bad Sign For The Housing Market?

Today’s News Synopsis: Remodeling spending is expected to be slow.  Mortgage applications increased by 5.3% from last week according to the Mortgage Bankers Association.  Home prices in the metropolitan areas increased by 9.1% in the second quarter. In The News: Redfin – “11% of Redfin Offers Faced Competition in July, the

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Feb 12, 2019

Married With Roommates

Today’s News Synopsis: Roommates and married couples living together have doubled since 1995.  According to Zillow, the homes a lot more people are wanting are those in luxury neighborhoods.  Home prices in metropolitan areas increased by 4% in the fourth quarter of 2018. In The News: National Association of Realtors –

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Nov 01, 2018

Short Answer; Housing Crisis

Today’s News Synopsis: Why do we have a 30-year mortgage rate?  Speaking of mortgage rates, mortgage rates decreased again, with 30-year rates now at 4.83% and 15-year rates at 4.23%.   According to the National Association of Realtors, home prices in metro markets increased by 4.8% in the third quarter. In

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Aug 08, 2018

Yeah We’re Movin’ On Up, To The Rent Side

Today’s News Synopsis: All 50 of the largest US cities saw a rise in the share of renters.  The Mortgage Bankers Association reported a 3% decrease in mortgage applications from last week.  One-third of the largest cities in the U.S. are seeing increases in available inventory. In The News: Zillow –

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Nov 02, 2017

“Taking MID Would Be Worthwhile On Only 5% of U.S. Homes” – Zillow

Today’s News Synopsis: Real Estate industry is weighing in on proposed tax changes.  Housing affordability is at its lowest in ten years according to the California Association of Realtors, down to 28% from the second quarter and 31% in the third quarter of 2016.  Home prices on metropolitan homes increased

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