OUR NEWS

Jan 15, 2020

Is Your Dream Home Really Within Your Budget?

Today’s News Synopsis: All the hidden costs of buying a home.  The Mortgage Bankers Association reported a 3.2% increase in mortgage applications from last week.  Job growth is slower as a result of weaker affordability. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (1-15-2020)

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Jan 08, 2020

Would You Believe It’s Houseplants

Today’s News Synopsis: What is the latest reason millennials are not buying homes?  The Mortgage Bankers Association reported mortgage applications decreased 1.5% from the last two weeks.  The shortage of homes is getting worse for all types of houses, even luxury. In The News: Mortgage Bankers Association – “Mortgage Applications Decreased

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Dec 18, 2019

Did Cortana, Alexa and Siri Just Become Best Friends?

Today’s News Synopsis: Apple, Google, and Amazon are going to make smart homes easier to use.  The Mortgage Bankers Association reported mortgage applications decreased 5.0% from last week.  We could see millions of new homes in single-family neighborhoods thanks to relaxed zoning. In The News: Zillow – “Relaxed Zoning Could Create

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Dec 11, 2019

Critics Say It Will Cloud America’s Property Market

Today’s News Synopsis: The rise in iBuying is gaining steam.  The Mortgage Bankers Association reported mortgage applications increased 3.8% from last week in their latest survey.  Overall delinquency rates for September were their lowest in 20 years at 3.8%. In The News: National Association of Realtors – “Expect Continued Economic Growth,

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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 20, 2019

Homes Often Kept Vacant

Today’s News Synopsis: Study finds that 40% of LA homes are owned by corporate entities.  The Mortgage Bankers Association reported mortgage applications decreased 2.2% from last week.  As we approach 2020, what are 5 real estate opportunities to invest in? In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in

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Nov 06, 2019

Make Sure You Weigh The Pros and Cons

Today’s News Synopsis: Thinking about renting out your spare room?  The Mortgage Bankers Association reported mortgage applications decreased 0.1% from last week.  Co-living is becoming the way to live now, but only because people have to in order to afford to live. In The News: Realtor.com – “7 Home Maintenance Projects

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Oct 30, 2019

More Than Half of the Homeowners Would

Today’s News Synopsis: Would you sell your house if you thought it had ghosts?  The Mortgage Bankers Association reported mortgage applications increased 0.6% from last week.  Developers are turning to NASA photos to attract people to their luxury buildings. In The News: Yahoo Finance – “Haunted Real Estate: Half of Homeowners

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Oct 23, 2019

Attack of the iSquatters!

Today’s News Synopsis: What are iSquatters, and how do they abuse the iBuying space?  The Mortgage Bankers Association reported an 11.9% decrease in mortgage applications from last week.  Home prices increased 4.6% from last month according to the FHFA. In The News: Realtor.com – “What Do Both Republicans and Democrats Really

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Oct 16, 2019

How To Attract Gen Z Renters

Today’s News Synopsis: Gen Z is going to spend more on rent than any previous generation.  Builder confidence was at 71 this month, it’s highest in 20 months according to NAHB.  The Mortgage Bankers Association reported mortgage applications increased 0.5% from last week. In The News: NAHB – “Builder Confidence Hits

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