OUR NEWS

Sep 04, 2019

What About That Home Makes You Tick?

Today’s News Synopsis: Realtor.com listed 11 quirks that can prevent you from selling your home?  The Mortgage Bankers Association reported a 3.1% decrease in mortgage applications from last week.  Building permits in California decreased 10% last month to their lowest since the recession. In The News: Mortgage Bankers Association – “Mortgage

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Aug 07, 2019

Is This Another Bad Sign For The Housing Market?

Today’s News Synopsis: Remodeling spending is expected to be slow.  Mortgage applications increased by 5.3% from last week according to the Mortgage Bankers Association.  Home prices in the metropolitan areas increased by 9.1% in the second quarter. In The News: Redfin – “11% of Redfin Offers Faced Competition in July, the

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Jul 11, 2019

iBuyer Partnership To Expand Redfin’s Reach

Today’s News Synopsis: Opendoor partners with Redfin.  Freddie Mac reported mortgage rates remained stable with 30-year rates now at 3.75% and 15-year rates at 3.22%.  What are some of the strangest things sellers have removed from their home before moving out that was quite inconvenient to the new buyer? In The

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Mar 27, 2019

Only 16% of Redfin Buyers Say They Faced Bidding War In March

Today’s News Synopsis: Fewer bidding wars says Redfin.  The Mortgage Bankers Association reported an 8.9% increase in mortgage applications from last week.  Conservatorship for Fannie and Freddie officially ended today by Trump. In The News: Redfin – “Only 16 Percent of Redfin Buyers Faced a Bidding War So Far in March,

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Oct 29, 2018

Which App Is APPlicable for Real Estate?

Today’s News Synopsis: What are 7 apps that are very essential for real estate investors to use?  What are the four colors you do not want to use if you if want to sell your home?  According to a 2018 Buyer and Seller Survey, single female buyers are a driving

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Jan 16, 2018

What Do the Changes Mean for Real Estate Professionals?

Today’s News Synopsis: Facebook is changing their news feed.  Freddie Mac was the top lender in the nation for multifamily properties for the third year in a row.  According to the latest Fed survey, both wage growth and inflation saw signs of an increase in December. In The News: Inman

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Aug 22, 2017

Doing Your Homework Pays Off

Today’s News Synopsis: What is the cost of due diligence worth to investors?  Redfin predicted what will be the hottest neighborhoods in the future as well as the top ten that are beginning to show signs of this.  According to the latest Builder Inform tool from Zillow, homes that receive

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Aug 03, 2017

Business As Usual? Not According to New NAR CEO

Today’s News Synopsis: The new National Association of Realtors CEO Bob Goldberg says they are set to “embrace disruption.”  Zillow reported an increase in the homeless population with rents drastically increasing.  Mortgage rates continue to remain level with 30-year rates at 3.93% and 15-year rates at 3.18%. In The News:

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Jul 28, 2017

Freddie Mac Changing Low Down Payment Mortgage Program Requirements

Sources: Existing-Home Sales Retreat Sales Retreat 1.8 Percent in June June pending home sales and Market Pulse Survey The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets All Time High For Sixth Consecutive Month Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Drop Again U.S. Home Sellers Realized

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Jun 07, 2017

More Baby Boomers Moving Out of McMansions That Millennials Cannot Afford

Today’s News Synopsis: Similar to Realtor.com, Redfin released their own list the most affordable towns on the beach to own a home.  The housing market as a whole may be facing a crisis as more baby boomers are moving out of their McMansions and more millennials are wanting to own

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