OUR NEWS

Mar 03, 2020

Home Construction Divided By Political Parties

Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win.  Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year.  Home prices increased

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Feb 11, 2020

They’re Not Where You Think

Today’s News Synopsis: What are the most favorable markets for tech expansion?  The fourth quarter saw an 8.8% increase in new home sales, the biggest increase in over two years.  Where are the best places to live in 2020? In The News: Redfin – “New-Home Sales Surge in the Fourth Quarter

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Nov 14, 2019

Just To Make Rent

Today’s News Synopsis: Younger renters and parents sacrifice more…Mortgage rates increased with 30-year rates now at 3.75% and 15-year rates at 3.2%.  New home sales increased by 5.6% in the third quarter according to Redfin. In The News: Freddie Mac – “Mortgage Rates Tick Up” (11-14-2019) “Freddie Mac (OTCQB: FMCC) today released the

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Sep 23, 2019

People Are Concerned With Moving Into A Community Where They’re In The Political Minority

Today’s News Synopsis: When politics influence home buying and selling.  According to the latest survey from the National Association of Realtors, over half of consumers say now is a good time to buy a home.  Commercial and multifamily mortgage delinquencies continued to remain low in the second quarter of this

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Aug 13, 2019

And In Both Corners Of the Ring We Have…The Buyers and Sellers!

Today’s News Synopsis: The slow home price growth last month could be a sign of tension between buyers and sellers.  The Mortgage Bankers Association reported a rise in mortgage delinquencies in the second quarter to a rate of 4.53%.  Meanwhile, the supply of new homes available decreased by 1% in

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Jun 20, 2019

Would You Let A Buyer Spend The Night In Your House?

Today’s News Synopsis: Wanna sell your house, let buyers sleep on it.  Literally.  Mortgage rates remain stable with 30-year rates at 3.84% and 15-year rates at 3.25%.  Home prices increased 3.6% in May, the largest year-over-year increase in 7 months. In The News: Freddie Mac – “Mortgage Rates Stabilize” (6-20-2019) “Freddie

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May 14, 2019

A Color By Any Other Name…Actually Could Make A Big Difference

Today’s News Synopsis: When choosing a paint hue for your walls, it’s not just the color that matters, but the name of the color too.  The Mortgage Bankers Association reported a 12% increase in commercial/multifamily originations in the first quarter.  More and more teachers are having a hard time owning

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Mar 07, 2019

I’ll Take Half A Vacation Rental….Umm….Make That A Quarter

Today’s News Synopsis: Did you know you can actually own a fraction of a vacation home?  What were the hottest and not-so-hot markets last month?  Mortgage rates showed signs of increase this week following a downward trend with 30-year rates now at 4.41% and 15-year rates at 3.83%. In The

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Nov 29, 2018

What Will That Do To Affordability?

Today’s News Synopsis: Zillow predicts a 5.8% mortgage rate in 2019.  At the moment, mortgage rates did not show too much change with 30-year rates now at 4.81% and 15-year rates at 4.25%.  Pending home sales decreased 2.6% last month according to the National Association of Realtors. In The News:

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Sep 24, 2018

Then Get Some Robot Furniture

Today’s News Synopsis: Don’t have room for furniture?  According to the latest report from Black Knight Financial Services, the mortgage delinquency rate decreased to 3.25% in August, down from 3.93% in July and putting it at a 12-year low.  Freddie Mac reported a slowdown in home sales despite a strong

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