OUR NEWS

Jan 09, 2020

What’s The Magic Words?

Today’s News Synopsis: Certain words and phrases could help boost your property listings.  What are they?  Freddie Mac reported mortgage rates began this year by decreasing, putting 30-year rates now at 3.64% and 15-year rates at 3.07%.  The latest trend combines millennials with granny-chic for a new style called “grandmillennial.”

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Dec 16, 2019

Is Your Sale “Social Media Ready?”

Today’s News Synopsis: Social media factors in Millennial home-buying decisions.  Speaking of which, experts believe more Gen Zers will own homes than millennials.  Foreclosure activity decreased by 10% month-over-month and 6% year-over-year in November. In The News: Zillow – “More Gen Zers Than Millennials Will Own Homes, Experts Say” (12-16-2019) “The

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Dec 05, 2019

Nope, At Least According To This Report

Today’s News Synopsis: Will Millennials ever stop renting?  Mortgage rates held steady this week with 30-year rates at 3.68% and 15-year rates at 3.14%.  The amount of available mortgage credit increased last month by 2.1%. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (12-5-2019) “Freddie Mac (OTCQB: FMCC) today released the

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Dec 04, 2019

Who’s Crystal Ball Is Right?

Today’s News Synopsis: The 2020 predictions are rolling in.  The Mortgage Bankers Association reported mortgage applications decreased 9.2% from last week.  Which U.S. cities are the best for biking? In The News: Redfin – “Redfin Unveils the Best U.S. Cities for Biking in 2020” (12-4-2019) “Minneapolis, Portland, OR and Chicago are the most bikeable cities

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Nov 12, 2019

Boomers Upsizing in Retirement

Today’s News Synopsis: Forget aging in place.  Which housing markets have the highest share of seriously underwater properties?  The amount of mortgage credit availability increased in October by 0.9% to 185.1. In The News: ATTOM Data Solutions – “Top 10 Housing Markets with Highest Share of Properties Seriously Underwater” (11-12-2019)

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Oct 03, 2019

Where Are They Going?

Today’s News Synopsis: Millennials are moving more frequently.  Freddie Mac reported mortgage rates remain firm with 30-year rates at 3.65% and 15-year rates at 3.14%.  EXp just launched its own version of the instant offer platform. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (10-3-2019) “Freddie Mac (OTCQB: FMCC) today released

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Oct 02, 2019

Zillow, Redfin, Opendoor…..Amazon?

Today’s News Synopsis: Who will be the Amazon of housing?  The Mortgage Bankers Association reported mortgage applications increased 8.1% from last week.  More millennials are refinancing with the number being at a four-year high. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (10-2-2019) “Mortgage

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Sep 03, 2019

Deal Would Cap Annual Rent Increases At 5% Plus Inflation and 10% Max

Today’s News Synopsis: California governor announces deal to cap rising rents.  Home prices increased slightly in July by 3.6% year-over-year.  Which age group is driving home prices up again?  Believe it or not, it’s the older millennials. In The News: HousingWire – “Artificial intelligence in residential real estate: Reality or hype?”

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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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Jul 25, 2019

What Does The Future Look Like For The Market?

Today’s News Synopsis: Could we be seeing the next recession by 2020?  Mortgage rates are at their lowest in three years with 30-year rates at 3.75% and 15-year rates at 3.18%.  Which city has the number one stable housing market in the country? In The News: Freddie Mac – “Mortgage Rates

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