Urban Institute

Innovation Needed In The Housing Market

Today’s News Synopsis: Mortgage servicing is “ripe for disruption.”  Freddie Mac reported their financial results for the third quarter of 2017 following a conference yesterday morning.   Seattle is seeing growth in both home values and rents due to a strong labor market from companies such as Amazon, Microsoft, and Zillow. In The News: Freddie Mac – …

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Does the Appraisal Industry Need to Adapt?

Today’s News Synopsis: HUD announces assistance for Hurricane Harvey victims.  Appraisers respond to Fannie and Freddie “appraisal free mortgage product.”  A recent survey from the National Association of Realtors found that 62% of sellers’ agents believe staging a home helps it stay less time on the market as well as increases the selling price. In …

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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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More Millennials Today Prefer to Stay in One Spot

Today’s News Synopsis: Janet Yellen of the Federal Reserve said the economy stays as it is, we may see more rate hikes in the future.  Fannie Mae sold more of its nonperforming loans off today, including those from their sixth Community Impact Pool.  The latest census data from Pew Research showed millennials are moving around …

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Several Real Estate Agents Spending Bonus Checks on People in Need

Today’s News Synopsis: ETFs are making a comeback with the continuing rate increases.  The Chief Economists for both Zillow and Realtor.com gave their predictions on what we should expect to see in the housing market next year.  Several real estate agents are choosing to spend their bonus check for people in need this Christmas. In The …

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Social Media Playing a Big Role In People’s Decisions to Invest

Sources: New home sales reach 8-year high Case Shiller: May home prices rise at modest rate Cash Sales Share Slows Morning Briefing: All-time high for prices says RealtyTrac Thriving home remodeling market set to reach $321B by 2017 Construction firms’ struggling to fill jobs’ as 25 states shed positions in June Guiding Principles For the …

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