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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Jul 10, 2019

I Can Almost Reach That Mortgage

Today’s News Synopsis: Zillow’s latest report showed that high school grads in most cities can almost afford that mortgage payment.  The Mortgage Bankers Association reported a 2.4% decrease in mortgage applications from last week.  What are the five crucial questions you need to ask before selling your home? In The

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Jul 08, 2019

You Won’t Go Home Hungry In These Places

Today’s News Synopsis: What are the top ten places in the United States for food destinations?  ThinkRealty released their latest report on the housing market, sharing things like the need for mortgage applications to change and more.  If you’re coming from out of town and want that home that’s over

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Jun 26, 2019

It Would Take 94,000 Homes To Bridge The Gap

Today’s News Synopsis: There’s a huge gap between what buyers want and what’s for sale.  The Mortgage Bankers Association reported a 1.3% increase in mortgage applications from last week.  One factor that can determine where people want to live is the name of the street on which it resides. In

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