Jun 06, 2019

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

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Apr 15, 2019

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

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Apr 10, 2019

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

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Apr 09, 2019

Here’s A Hint: It’s Not San Francisco

Today’s News Synopsis: Who has the most affordable houses?  Luxury homes are adding new features to cater to the children who live in them, including robot classes and walls made of Legos.  In 2019, sellers spent $21,000 on average to sell their home. In The News: Redfin – “In Atlanta, Nearly

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Apr 04, 2019

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

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Mar 19, 2018

Wake-Up Call To Brokers?

Today’s News Synopsis: Invest in the tech that makes you better.  Photoshop can be useful for making a home look more presentable, but when are you taking it too far?  The first non-performing loans of 2018 were just auctioned off by Freddie Mac. In The News: Fannie Mae – “2018 and

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Oct 16, 2017

“Power” Struggle Coming Soon, Literally

Today’s News Synopsis: How soon before you house runs on batteries?  In a unique story, tile company Casa Ceramic is using optical illusions on their floor to get people to slow down and really take a look when viewing the home.  After making its way into the retail and restaurant

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Oct 12, 2017

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

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Apr 04, 2017

Hammock Floors Becoming the New Big Thing

Today’s News Synopsis: Zillow released new data called their Cost of Moving Up Analysis, and in it they explain how it costs $450 more to move from a two-bedroom home to a 3-bedroom.  Hammock floors, or hammocks built right into the floor of your patio, are becoming the new popular

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Nov 16, 2016

San Francisco Put Limit on Airbnb Rentals to 2 Months

Today’s News Synopsis: San Francisco just put a limit to how long rooms can be rented out through Airbnb at 2 months.  The Mortgage Bankers Association reported a 9.2% decrease in mortgage applications from last week.  The NAHB reported homebuilder sentiment at 63, up slightly from last month. In The

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