OUR NEWS

May 22, 2019

Shared Housing Has A New Target…Senior Housing

Today’s News Synopsis: What does the retirement community of the future look like?  Mortgage applications increased 2.4% according to the latest weekly survey from the Mortgage Bankers Association.  What are the coolest suburbs in the country this year? In The News: Redfin – “The Amazon Effect: Home Prices Are Up Nearly

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May 21, 2019

OREO?

Today’s News Synopsis: Do you know what an REO is?  Rent price growth was stronger in March according to CoreLogic.  Existing-home sales decreased 0.4% last month according to the National Association of Realtors. In The News: CoreLogic – “CoreLogic Reports Strong Rent Price Growth in March as Unemployment Reaches a 50-Year

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May 20, 2019

What Does A Vacant Home Tell The Buyer?

Today’s News Synopsis: Should you move out before you sell your home?  What are the 9 biggest mistakes people make when trying to sell their home?  A couple in Sonoma, California was fined $600K for uprooting and killing an ancient tree. In The News: Redfin – “Should I Wait to Move

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May 17, 2019

What Color Do You Want To Paint Your House in 2019? #453

 Real Estate News Recap: Commercial/Multifamily Originations Increase 12 Percent in the First Quarter Builder Confidence Posts Solid Gain in May Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage Rates Hold Steady Amid Global Trade Disputes This Italian Is Selling Fixer-Uppers for Less Than $2 Should You Skip the

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May 16, 2019

If It Can Start A Fire Or Flood, Let The Experts Do It

Today’s News Synopsis: Do you know when it’s time to DIY?  Despite the current trade disputes, mortgage rates remain strong with 30-year rates at 4.07% and 15-year rates at 3.53%.  SB 50 in limbo until 2020. In The News: Mortgage Bankers Association – “April New Home Purchase Mortgage Applications Increased 15.6

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May 15, 2019

Forget That Starter Home

Today’s News Synopsis: Can you afford a forever home? Builder confidence rose three points this month to 66 according to the National Association of Home Builders/Wells Fargo Housing Market Index.  The Mortgage Bankers Association reported a 0.6% increase in mortgage applications from last week. In The News: Mortgage Bankers Association –

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May 14, 2019

A Color By Any Other Name…Actually Could Make A Big Difference

Today’s News Synopsis: When choosing a paint hue for your walls, it’s not just the color that matters, but the name of the color too.  The Mortgage Bankers Association reported a 12% increase in commercial/multifamily originations in the first quarter.  More and more teachers are having a hard time owning

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May 13, 2019

You’re Gonna Have To Commit For 3 Years

Today’s News Synopsis: Want to buy a house for $1.12?  Why should you not get a mortgage online?  The newest California housing bill could spell big changes for suburbs in the wealthy Bay Area. In The News: Zillow – “Zillow Now Buying and Selling Homes in the Twin Cities” (5-13-2019) “Starting

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May 10, 2019

I Like The ADU, How ‘Bout You? #452

 Real Estate News Recap: CoreLogic Reports March Home Prices Increased by 3.7% Year Over Year Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Drop Slightly Housing Affordability Holds Steady on a Year-Over-Year Basis Seriously Underwater U.S. Properties Increase From A Year Ago Redfin tells home buyers no

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May 09, 2019

Summer Vacation May Be Coming Up, But Is The Community Safe To Buy In?

Today’s News Synopsis: Is it safe to buy in a vacation community now?  Mortgage rates decreased slightly with 30-year rates now at 4.10% and 15-year rates at 3.57%.  Housing affordability remains stable year-over-year with lower home prices, decreased mortgage rates, and gains income. In The News: Jesse Gabriel – “California Assembly

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Phone: (951) 780-5856

Fax: (951) 780-9827

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