OUR NEWS

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 02, 2019

An Unexpected Lesson In Accepting Disruption

Today’s News Synopsis: What can real estate learn from the hotel industry?  The National Association of Realtors reported a 1.7% decrease in pending home sales in October.  In a follow-up to last week’s story of the “Silver Tsunami,” which housing markets will be impacted the most. In The News: ATTOM

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Sep 26, 2019

Start at the Bottom, Go Toward The Top

Today’s News Synopsis: Homebuyers as a whole who bought at the bottom of the market in 2012 have now earned over $203 billion in equity.  After having shown improvements, mortgage rates decreased this week with 30-year rates now at 3.64% and 15-year rates at 3.16%.  Pending home sales increased 1.6%

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Aug 29, 2019

Sorry Millennials. No 2008 Bargains In This Recession

Today’s News Synopsis: A recession won’t help you buy a house.  Mortgage rates increased slightly from last week but generally held steady with 30-year rates now at 3.58% and 15-year rates at 3.06%.  The National Association of Realtors reported a 2.5% decrease in pending home sales in July. In The

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Jun 27, 2019

Bankrate Study Says Yes. 32% Are Due To Housing Costs

Today’s News Synopsis: Are housing costs causing Americans to lose sleep?  Mortgage rates decreased this week with 30-year rates now at 3.73% and 15-year rates at 3.16%.  Pending home sales increased last month by 1.1%. In The News: DS News – “Are Housing Costs Causing Americans to Lose Sleep?” (6-27-2019) “A new

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May 30, 2019

Less Restrictive ADU Legislation=WIN For Affordable Housing

Today’s News Synopsis: Bill to Reduce Restrictions on Accessory Dwelling Units in California Gains Steam.  The National Association of Realtors reported a 1.5% decrease in pending home sales for the month of April.  Mortgage rates decreased slightly with 30-year rates now at 4.10% and 15-year rates at 3.57%. In The

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Apr 30, 2019

Almost

Today’s News Synopsis: Has the market shifted to buyers?  The National Association of Realtors reported a 3.8% increase in pending home sales in March.  At the same time, home-price growth was slower and at its lowest level in seven years. In The News: National Association of Realtors – “Pending Home Sales

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Mar 28, 2019

Daily, Weekly, Monthly, Annually? You Will Be Surprised

Today’s News Synopsis: How often should you wash everything in your house?  Freddie Mac reported mortgage rates saw their biggest one-week drop in ten years with 30-year rates now at 4.06% and 15-year rates at 3.57%.  In a big news story, Facebook is facing a lawsuit by HUD over discrimination

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Feb 27, 2019

Bank of Mom and Pop: Sorry, We’re Closed

Today’s News Synopsis: A big reason millennials may not be able to purchase a home is they are not getting the extra money from their parents.  The National Associaton of Realtors reported a 4.6% increase in pending home sales last month.  The Mortgage Bankers Association reported mortgage applications increased 5.3%

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Jan 30, 2019

Ask Yourself These 6 Questions

Today’s News Synopsis: Is buying a house a good investment?  After a two-year competition, Zillow awarded the winners who came up with a better Zestimate with $1 million.  The National Association of Realtors reported pending home sales decreased 2.2% in December. In The News: Zillow – “Zillow Awards $1 Million

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