REIT

Proposal Could Make It The First U.S. City To Launch An Initial Coin Offering

Today’s News Synopsis: Berkeley wants to use cryptocurrency… to help house its homeless.  One group that would benefit from Trump’s proposed 2019 budget is HUD, which would see an increase in their funding.  Realtor.com’s latest list showcases the top cities with the most McMansions. In The News: HousingWire – “Trump’s proposed 2019 budget gives HUD’s funding …

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Store Wars….Trader Joes, Whole Foods…..ALDI???

Today’s News Synopsis: Attom Data Solutions shows you what grocery store is better for investors.  The NAHB reported builder confidence increased this month by 4 points and now stands at 68.  Affordable homes are becoming more and more rare, leaving many more having a harder time finding a place to live. In The News: Realtor.com – …

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Do You Think of Real Estate When You Look At Facebook?

Today’s News Synopsis: Facebook has launched “Dynamic Ads For Real Estate.”  According to the latest Equity report from CoreLogic, the percentage of homes in the U.S. with positive equity is at a high percentage of 93.9%.  Realtor.com figured out how long it would take to save for a down payment on a house depending on …

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Housing Is So Affordable…”Doesn’t Feel That Way,” Says Freddie Mac

Today’s News Synopsis: Freddie Mac explains why the housing market does not seem affordable despite the Housing Affordability Index being at its highest on record.  Housing starts increased to their highest in four months by 8.3% to 1.22 million.  Looks like the latest star in the news to be selling their home is “Game of …

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Are More People Wanting to Own than Rent? Only Time Will Tell

Sources: The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets Record For Five Consecutive Months Pending home sales tumble as supply crisis worsens 30-Year Fixed Mortgage Rate Hits New Low Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008 These Are the U.S. Cities Where It Costs Too Much to …

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Homeowners Cannot Afford Their Mortgages In Half of U.S. Markets

Sources: Black Knight’s April Mortgage Monitor: Q1 2017 Originations Fall 34 Percent, Led By 45 Percent Drop in Refinance Lending CoreLogic US Home Price Report Shows Prices Up 6.9 Percent in April 2017 A Seller’s Market?  Consumers Express Diverging Sentiment on Home Buying and Selling in May Home Flipping Volume Rises to Nine-Year High in …

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HomeUnion Releases List of Best and Worst Places for Return on Rentals

Sources: CoreLogic US Home Price Report Shows Prices Up 7.1 Percent in March 2017 Consumer Spending in U.S. Stalls in March Purchase Apps Up, Refis Down in Latest MBA Weekly Survey Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million Builder Confidence in the 55+ …

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