Mortgage Lender Sentiment Survey

Real Estate riches

Rentals? Flips? REITS? Crowdfunding? Good Old Home Appreciation?

Today’s News Synopsis: What is the best way to get real estate riches? Rentals? Flips? REITS? Crowdfunding? Good Old Home Appreciation?  Home buyer and seller sentiment increased despite existing-home sales showing a decline.  Black Knight Financial Services Home Price Index shows prices increased 0.3% in July and 6.2% month-over-month. In The News: National Association of …

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Renters Continue to Rent Out of Fear To Buy Because of Increasing Home Prices

Today’s News Synopsis: Both the National Multifamily Housing Council and the National Apartment Association released their latest data showing where it is too expensive to build new homes despite the need for more new properties.  More renters are continuing to rent simply because they are afraid to buy due to increasing home prices.  The most expensive …

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Realtor.com Releases List of Top Places Where Millennials Choose to Live

Today’s News Synopsis: Realtor.com released their list of the top ten places where millennials are choosing to live.  The National Association of Realtors, Commerce Department, and University of Michigan released four different charts showing why housing inventory seems to be an issue, the charts which cover prices, income growth, sales and construction, and when is …

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Housing Starts Decrease 18.7% With the Decrease in Multifamily Properties

Sources: CoreLogic Reports 30,000 Completed Foreclosures in October 2016 November New Home Purchase Mortgage Applications Increase 12 Percent Year over Year Fannie Mae Announces Eviction Moratorium for the Holidays Freddie Mac Announces Holiday Eviction Moratorium Dec. 19, 2016 to Jan. 3, 2017 Mortgage Rates Move Higher Homebuilder sentiment spikes 7 points, Trump has them feeling …

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Home Flipping Increases To Its Highest In 6 Years According to ATTOM Data Solutions

Today’s News Synopsis: Freddie Mac reported mortgage rates increased this week with 30-year rates now at 3.5% and 15-year rates at 2.77%.  ATTOM Data Solutions released their latest data for flipped homes, which showed they increased 14% from last quarter and 3% from last year to their highest in six years.  HOPE Now reported an …

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