OUR NEWS

Jan 16, 2020

Even For Those With The Greenest Thumbs

Today’s News Synopsis: Keeping house plants alive is tough work.  Freddie Mac reported Mortgage rates held steady this month with 30-year rates at 3.65% and 15-year rates at 3.09%.  Foreclosure activity dropped to its lowest in 15 years last year, having decreased 21% year-over-year to 493,066. In The News: Freddie

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Jan 02, 2020

2020 is here. Welcome to the Year of the ADU!

Today’s News Synopsis: Happy New Year!  Pending home sales increased 1.2% in November according to the National Association of Realtors.  Freddie Mac reported mortgage rates decreased slightly with 30-year rates now at 3.72% and 15-year rates at 3.16%. In The News: Forbes – “2020: The Year Of The ADU” (1-2-2020) “Accessory

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Dec 19, 2019

Make It Cozy and Bright

Today’s News Synopsis: Want to throw a rockin holiday-themed open house?  Existing-home sales decreased 1.7% in November according to the National Association of Realtors.  Mortgage rates remained flat with 30-year rates at 3.73% and 15-year rates at 3.19%. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (12-19-2019) “Freddie Mac (OTCQB: FMCC) today

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Dec 12, 2019

Almost 50% More Than Last Decade

Today’s News Synopsis: Renters spent 4.5 Trillion on housing this decade.  Mortgage rates increased this week with 30-year rates now at 3.73% and 15-year rates at 3.19%.  Home-flipping activity decreased with 56,566 single-family homes and condos flipped in the third quarter, down 12.9% from the previous quarter and 6.8% year-over-year.

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Dec 05, 2019

Nope, At Least According To This Report

Today’s News Synopsis: Will Millennials ever stop renting?  Mortgage rates held steady this week with 30-year rates at 3.68% and 15-year rates at 3.14%.  The amount of available mortgage credit increased last month by 2.1%. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (12-5-2019) “Freddie Mac (OTCQB: FMCC) today released the

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Nov 21, 2019

They Have Only Begun To Disrupt

Today’s News Synopsis: House-flipping is just the start of Zillow’s evolution.  Mortgage rates fell back this week with 30-year rates now at 3.66% and 15-year rates at 3.15%.  Existing home sales increased by 1.9% last month according to the National Association of Realtors. In The News: Freddie Mac – “Mortgage Rates

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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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Nov 07, 2019

What Will Be Their Social Impact On California’s Housing Market?

Today’s News Synopsis: Opportunity Zones!  Mortgage rates decreased this week with 30-year rates now at 3.69% and 15-year rates at 3.13%.  Where are the 20 hottest real estate markets? In The News: Realtor.com – “The 20 Hottest Markets in Real Estate, October 2019: Why Ohio?” (11-7-2019) “Ohio may be considered flyover

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Oct 24, 2019

How Will They Impact Investors and Agents?

Today’s News Synopsis: 11 Upcoming Real Estate trends.  New home sales continued to remain steady in September, having decreased only 0.7% to 701,000 units.  Freddie Mac reported mortgage rates increased this past week with 30-year rates now at 3.75% and 15-year rates at 3.18%. In The News: Freddie Mac – “Mortgage

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Oct 10, 2019

Uncertainty!

Today’s News Synopsis: What causes more home seller stress than showings and repairs?  Mortgage rates decreased this week with 30-year rates now at 3.57% and 15-year rates at 3.05%.  Governor Gavin Newsom just signed the ‘Housing Crisis Act of 2019,’ which will speed up the home building process. In The

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