new home sales

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: Freddie Mac – “New Freddie Mac …

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Popular Mortgage Deduction Could Get a Haircut

Today’s News Synopsis: They won’t really touch the mortgage interest tax deduction….right?  3D photography now allows customers to see even more detailed pictures of a home as if they are on location.  The Commerce Department reported new home sales decreased last month to their lowest in 7 months, down 9.4% month-over-month and 8.9% year-over-year to …

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Millennials Believe Technology Makes the Real Estate Investment Process Easier

Today’s News Synopsis: What is spurring Millennial home ownership?  According to Forbes, it’s real estate investing.  Despite previous plans to increase interest rates again this month, the Federal Reserve has decided to postpone it once again.  The Mortgage Bankers Association reported mortgage applications increased 0.4% from last week. In The News: CoreLogic – “CoreLogic Reports Second …

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Real Estate Agents Using Movies to Sell Their Luxury Homes

Sources: CoreLogic Reports Mortgage Credit Risk Edges Up Slightly May home sales and price report Mortgage Rates Continue to Hold The Cost of Living Is Quickly Rising in These 10 US Cities These cities saw house prices fall in spite of national trend Number of Homes for Sale Drop at Fastest Pace in Four Years …

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New Homes Sales Decrease 11.4%, But Not Because of Lack of Available Homes

Today’s News Synopsis: New homes sales decreased 11.4% in April after being at their highest in over 9 years according to the Commerce Department.  Despite the decrease in sales, the reason is not because not enough are being built, but rather not enough people can afford one.  Fannie Mae announced its new program called the …

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Redfin Reports Decrease in Latest Housing Demand Index

Today’s News Synopsis: The Commerce Department reported an increase in new home sales to their highest in 8 months, having increased 5.8% to 621,000.  At the same time, pending home sales did not show much change for the third month in a row.  Redfin’s latest Housing Demand Index also showed a decrease by 13.9% from …

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ATTOM Data Releases List of Top Market To Purchase Rentals

Today’s News Synopsis: The latest data from the California Association of Realtors showed pending home sales for February decreased 2.6% year-over-year in February.  ATTOM Data Solutions released a list of the top markets where single family rentals can be purchased.  A startup company in San Francisco named Apis Cor has made it to where a …

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New Home Sales of Single-Family Homes Increase to Highest in 10 Years

Sources: Equity Gains Fuel Rise in Housing Market Value Why the supply of homes for sale is the lowest since 1999 Cash and Distressed Sales Update: October 2016 Redfin Report: Luxury Home Prices Inched Up 0.7 Percent in Fourth Quarter as the Rest of the Market Showed Substantial Gains Mortgage Rates Rise for First Time …

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HUD and the U.S. Census Bureau Report 5.2% Increase in New Home Sales

Sources: Home Values Rise at Fastest Pace Since 2006 U.S. Home Affordability Drops to 8-Year Low in Q4 2016 Existing-Home Sales Forge Ahead in November Cash and Distressed Sales Update: September 2016 Mortgage Rates At Two-Year High 9 Real Estate Trends to Expect in 2017 Confidence Improves at the Prospect of Pro-Growth Policies Today’s News Synopsis: …

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