OUR NEWS

Jan 16, 2019

Pretty Good, Even If Your Team Is Bad

Today’s News Synopsis: How do sports stadiums impact real estate?  According to the latest MBA Mortgage Applications Survey, mortgage applications increased 13.5% from last week.  If you are thinking of moving or just want to have more space, what are some of the top 50 things you should consider tossing?

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Nov 06, 2018

Do Your Homework!

Today’s News Synopsis: 7 Mistakes to avoid when renovating an older home.  The Mortgage Bankers Association reported an increase in mortgage credit availability in October, up by 2.5% to 186.7.  Home prices increased 5.6% year-over-year in September according to CoreLogic. In The News: Zillow – “Recovery from the Housing Bust Can

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Nov 05, 2018

Is A Crash Looming?

Today’s News Synopsis: Another Southern California home-price boom is cooling.  Amazon’s HQ2 location search just took a surprise twist.  According to Black Knight Financial Services, the increase in interest rates led to a decrease in the number of people with an interest rate incentive to refinance as well as housing in

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Dec 04, 2017

What About Santa’s Village

Today’s News Synopsis: Yes, there’s a Zestimate on Santa’s house.  Renters are losing out on an extra $2,000 a year due to fewer and fewer places being affordable.  The latest S & P Global Ratings showed they expect a doubling in the non-QM market, possibly even tripling. In The News:

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Jul 18, 2017

Ten Years After The Crash, Gen-X Homeowners Still Lagging Behind

Today’s News Synopsis: Homeowners of Generation X are the ones that are still hurting the most from the Housing Crash and having trouble gaining equity in their homes.  The NAHB reported builder confidence decreased this month, although it continues to stay strong.  A record number of homes was sold this

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Jul 14, 2017

Looks Like Amazon Is About To Dip Its Toes Into Real Estate

Sources: Black Knight’s May Mortgage Monitor: Underwater Borrower Population Below Two Million for First Time Since 2006 Higher interest rates send mortgage applications tanking, down 7.4% Mortgage Rates Jump Again With autonomy, commercial real estate could go mobile CoreLogic Reports Mortgage Performance Continues Steady Improvement in April 2017 Yellen Heads

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Jun 30, 2017

Are More People Wanting to Own than Rent? Only Time Will Tell

Sources: The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets Record For Five Consecutive Months Pending home sales tumble as supply crisis worsens 30-Year Fixed Mortgage Rate Hits New Low Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008 These Are the U.S. Cities Where

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Jun 15, 2017

NAHB Report Shows Builder Confidence Remains Strong

Today’s News Synopsis: The NAHB reported builder confidence continues to remain strong, having decreased only slightly to 67 from 69.  Freddie Mac reported mortgage rates increased slightly after having steadily decreased for a long time; 30-year rates now stand at 3.91% and 15-year rates at 3.18%.  The pace at which

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May 31, 2017

Realtor.com Releases List of Most and Least Affordable Beach Towns

Today’s News Synopsis: Reator.com just released their newest list, this one showing which beach towns are the most and least affordable.  The National Association of Realtors reported a 1.3% decrease in pending home sales in April.  First American Financial Corporation reported loan application defects increased again for the fifth month

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May 12, 2017

Zillow Releases List of Best and Worst Markets for First-Time Homebuyers

Sources: Housing Sentiment in April Rebounds Following March Dip Mortgage Rates Continue to Hold U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005 Housing Affordability Registers Slight Uptick in First Quarter These Cities Are the 10 Biggest Comeback Stories in U.S. Real Estate Freddie Mac Proposal

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