Today’s News Synopsis: Inman’s state by state guide on evictions, rents, and foreclosures. The latest mortgage applications survey from the Mortgage Bankers Association showed a surprising increase in mortgage applications, up 15.3% from last week. Title companies are getting creative with the way they are holding closings all while maintaining social distancing. In The News: …
Today’s News Synopsis: Well, even middle-Americans can’t afford it. Home prices increased by 4% year-over-year in December according to CoreLogic. More Americans are staying in their homes longer. In The News: CoreLogic – “CoreLogic Reports December Home Prices Increased by 4% Year Over Year” (2-4-2020) “CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions …
Today’s News Synopsis: What are the best features of old houses? HUD and the Commerce Department reported single-family housing starts increased 3.2% last month. Although renting has been a big thing over the last decade, more older, wealthier, and suburban people are starting to do it. In The News: Realtor.com – “A Decade in Renting: Renters …
Today’s News Synopsis: Younger renters and parents sacrifice more…Mortgage rates increased with 30-year rates now at 3.75% and 15-year rates at 3.2%. New home sales increased by 5.6% in the third quarter according to Redfin. In The News: Freddie Mac – “Mortgage Rates Tick Up” (11-14-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market …
Today’s News Synopsis: Taxed to the hilt, more homebuyers are migrating to Florida. Spending on construction decreased by 0.8% in May, the first time in six months to see a decrease. With the increase in iBuyers, it is important to hear what they have to say. In The News: HousingWire – “Construction spending retreats 0.8% in …
The Sunshine State Is A Transplant Favorite. Beaches, Weather, and Lack of Taxes Read More »
Today’s News Synopsis: Help is on the way in certain cities and states where rents are exceedingly high – but which ones? The Mortgage Bankers Association reported a 1.5% increase in mortgage applications from last week. The government is pushing for a bill called the Affordable Housing Credit Improvement Act of 2019, which would add …
Today’s News Synopsis: What is the best and worst state for U.S. taxpayers? Mortgage rates increased slightly with 30-year rates now at 4.12% and 15-year rates at 3.6%. Foreclosure activity decreased 15% in the first quarter of 2019 to it’s lowest level in over a decade. In The News: MarketWatch – “Rent is accelerating again. What …
California Is Nowhere Near Where You Think It Is Read More »
Today’s News Synopsis: Rundown hotels are becoming affordable apartments. Mortgage rates decreased slightly with 30-year rates now at 4.75% adn 15-year rates at 4.21%. What unique experience happened with Phoenix real estate agent Andy Gregg that involved his smart technology. In The News: Freddie Mac – “Mortgage Rates Pull Back” (12-20-2018) “Freddie Mac (OTCQB: FMCC) today released …
Today’s News Synopsis: Home Sharing vs Airbnb? The latest Mortgage Applications Survey from the MBA showed mortgage applications decreased 7.1% from last week. More and more people are choosing to rent as they are finding it more affordable. In The News: NAHB – “Multifamily Decline Pushes Overall Housing Starts Down in September” (10-17-2018) “Led by a …
Today’s News Synopsis: Marriage delays mean buying homes later in life. The National Association of Realtors reported existing home sales remined about the same after seeing a four-month decline. For the first time in six year, rents remained the same year-over-year. In The News: Redfin – “More than One in Four Home-Sellers Dropped their Price Last …