OUR NEWS

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 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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Sep 30, 2019

How Do You Get Your Low-Ball Offer Accepted?

Today’s News Synopsis: Think you’re good at negotiations?  The Mortgage Bankers Association reported mortgage debt for commercial and multifamily increased $51.9 billion in the second quarter, or 1.5%.  iBuyers could be posing a threat to the MLS system. In The News: Mortgage Bankers Association – “Commercial/Multifamily Mortgage Debt Increased $51.9

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Sep 10, 2019

From Order To Built In 2 Weeks!

Today’s News Synopsis: Abodu becomes San Jose’s first pre-approved ADU builder.  Home prices are going down after having seen increases for a long time, but that may not necessarily be a good thing.  Experts expect to see a shortage in housing construction until at least 2022. In The News: MarketWatch –

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Aug 12, 2019

Is A Smart Home Not Smart For Selling

Today’s News Synopsis: According to a top real estate agent, your complex smart home system could actually be making your home unsellable.  What do you need to be saving every day in order to afford a home in one of the top 11 cities?  Of the homebuyers with kids, half

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Jun 11, 2019

But Barn Doors Are So Cool!

Today’s News Synopsis: Home trends you may regret in 20 years.  The amount of mortgage credit available increased last month according to the Mortgage Bankers Association.  Foreclosures saw their lowest rate in 20 years in March according to CoreLogic. In The News: Mortgage Bankers Association – “Mortgage Credit Availability Increased in

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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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Feb 20, 2019

You Won’t Believe The Bad Reasons Why

Today’s News Synopsis: Study says people aren’t using real estate agents.  The NAHB reported construction on multifamily homes is beginning to stabilize, decreasing slightly by 2% to 379,000 units.  Mortgage applications increased 3.6% from last week according to the Mortgage Bankers Association. In The News: NAHB – “Multifamily Housing Production to

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Nov 20, 2018

Below 2017 Levels According to Census Data

Today’s News Synopsis: Permits, starts, and completions all down.  Builder and developer confidence in the multifamily sector was weak in the third quarter according to NAHB’s Multifamily Market Survey, dropping three points to 48.  Out of the whole year, what are the top ten best days to purchase a home?

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Oct 25, 2018

Or Are You Scared Of Freddy?

Today’s News Synopsis: Would you buy on Elm Street?  The median prices of homes increased by 4.8% in the third quarter, the slowest rate of annual appreciation in two years.  Mortgage rates showed some improvement with 30-year rates having increased to 4.86% and 15-year rates to 4.29%. In The News:

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