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

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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:

Read more
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

Read more

members of