OUR NEWS

Jan 15, 2019

Do You Know How It Works?

Today’s News Synopsis: Buying a foreclosed home?  2018 ended with new home sales decreasing drastically by 18-19% compared to December 2017.  Could we see an end to interest rate hikes this year? In The News: Zillow – “Silicon Valley Still Reigns Supreme for Hottest Housing Markets, but the South Will Heat

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Nov 28, 2018

It’s That Time Of The Year, Holidays And What Next Year Will Bring

Today’s News Synopsis: Realtor.com’s 4 key trends to watch in 2019.  The Commerce Department reported new home sales decreased to their lowest in three years, now standing at 544,000.  Foreclosure activity as a whole was down 4% year-over-year, although it was up in 38% of the local markets. In The

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Sep 26, 2018

Even As Market Begins To Soften

Today’s News Synopsis: Millennials face housing hurdles.  In a breaking news story, the Federal Reserve increased interest rates once again.  New home sales increased 3.5% last month. In The News: CNBC – “Apartment rents are suddenly rising faster, reversing year-long trend” (9-26-2018) “Buying a home is getting more and more expensive,

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Aug 23, 2018

Projects Funded By the City Would Have To Allow Pets

Today’s News Synopsis: LA considering pet-friendly requirement for affordable housing.  New home sales in the U.S. decreased 1.7% last month according to the Commerce Department.  Mortgage rates continue to show signs of decrease with 30-year rates now at 4.51% and 15-year rates at 3.98%. In The News: ATTOM Data Solutions –

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May 23, 2018

Find Out What B2R Means

Today’s News Synopsis: There’s a new trend in the single-family rental market.  The Mortgage Bankers Association reported mortgage applications decreased 2.6%, while at the same time rates increased.  New home sales decreased 1.5% according to HUD and the Census Bureau. In The News: Mortgage Bankers Association – “Mortgage Rates Increase, Applications

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Feb 26, 2018

Competition For Homes is Fierce!

Today’s News Synopsis: 35% of U.S. homebuyers are bidding sight unseen.  The Commerce Department reported 7.8% decrease in new home sales for the second month in a row.  Realtor.com released their latest research on the hot spots to live for millennials, Gen-Xers, and baby boomers. In The News: Wall Street

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Jan 25, 2018

Value’s Back! Too Bad It’s Uneven

Today’s News Synopsis: All $9 trillion of housing market value lost during the Great Recession is back, but does this mean everything is back to normal?  According to HUD and the Census Bureau, new home sales decreased 9.3% last month, now putting them at 625,000 units.  Freddie Mac reported mortgage

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Nov 27, 2017

Enhanced Version of Craig’s List???

Today’s News Synopsis: What are real estate agents saying about Facebook’s rental listings?   New home sales increased drastically and are at their highest in ten years according to the Commerce Department.  Despite this, questions still remain about the health of the housing market.  The value of the median U.S. home

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Oct 25, 2017

Just Leave It By The Door. No, No, Just Inside The Door

Today’s News Synopsis: Amazon wants to let themselves in, with your permission of course.  New home sales increased 18.9% in September while pending sales decreased for the third straight month by 6%.  More and more people are choosing to rent as they are finding it more affordable. In The News:

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Sep 26, 2017

Business Partner For Your House?

Today’s News Synopsis: Is shared equity the starter home solution for the next generation?  HUD and the Census Bureau reported a 3.4% decrease in new home sales in August.  A new and unique mortgage program is being rolled out by Lennar’s Eagle Home Mortgage Group that will help homeowners pay

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