OUR NEWS

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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Oct 17, 2018

Which One Are Developers Banking On?

Today’s News Synopsis: Home Sharing vs Airbnb?  The latest Mortgage Applications Survey from the MBA showed mortgage applications decreased 7.1% from last week.  More and more people are choosing to rent as they are finding it more affordable. In The News: NAHB – “Multifamily Decline Pushes Overall Housing Starts Down in

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May 17, 2018

What Are You Doing With The Boost?

Today’s News Synopsis: Tax cut will inject 40B into the housing market.  Mortgage rates increased again, which is leading to a bigger hustle to buy a home.  The state with the highest share of homeowners likely to move in the second quarter of this year is Nevada. In The News:

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Jan 23, 2018

Purge That Pigsty!

Today’s News Synopsis: Does your garage need to be decluttered?  What are 8 real estate practices the industry needs to stop doing?  8 professionals in the field share their thoughts.  With all the talk of where Amazon will have their second headquarters, a bigger topic of discussion now is how

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Dec 12, 2017

Not Enough Homes For Sale

Today’s News Synopsis: Who is to blame for the housing shortage?  Mortgage delinquency rates were at their lowest in more than ten years last month according to CoreLogic, having decreased 0.2% year-over-year.  Debt on commercial and multi-family properties increased by 1.5% ($45.4 billion) to $3.1 trillion in the third quarter.

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Sep 06, 2017

Studio Apartments Being Offered for Bitcoin

Today’s News Synopsis: Apartments in Dubai can now be bought using bitcoin.  Sold homes that received the best return investments were located along the West Coast.  Freddie Mac reported in their latest survey that the industry that is continuing to see growth in the market is multifamily. In The News:

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Jun 01, 2017

Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for

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Phone: (951) 780-5856

Fax: (951) 780-9827

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