San Francisco

For Now, At Least

Today’s News Synopsis: Why are Americans holding off on remodeling their homes?  Mortgage rates decreased again, putting 15-year rates at 3.28% and 30-year rates at their lowest in two years at 3.82%.  The home-flipping rate in the U.S. was at its highest in nine years in the first quarter with 49,059 homes and condos flipped. …

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Ouch! How Much Did That Set Us Back?!

Today’s News Synopsis: What’s a common mistake homeowners make that can be very costly?  Where are the 10 neighborhoods in America that are seeing the fastest-growing gentrification?  Despite an increase in enthusiasm for opportunity zones, surprisingly more are not buying into it. In The News: MarketWatch – “Will Uber’s IPO really boost San Francisco house prices?” …

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According To Landlords, YES!

Today’s News Synopsis: Can you rent an apartment with bad credit?  The Mortgage Bankers Association reported a 5.6% decrease in mortgage applications from last week.  It could cost you up to $76,000 to sell your home in some cities. In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly Survey” (4-10-2019) “Mortgage …

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What Are The Pros and Cons?

Today’s News Synopsis: Buying a property with past-due property tax bills?  Mortgage rates remained steady with 30-year rates now at 4.08% and 15-year rates at 3.56%.  Millennials are trading nice kitchen features for pizza and wine. In The News: Freddie Mac – “Mortgage Rates Remain Stable” (4-4-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary …

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Can Landlords, Developers and Airbnb Work Together?

Today’s News Synopsis: Airbnb-Branded Apartment Buildings are headed to the U.S.  Foreclosure filings were at 191,824 in the third quarter, down 13% from the prior quarter and 35% year-over-year, which was also more than an 11-year low.  The latest California Housing Market Report from C.A.R. showed both home sales and median prices are expected to …

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