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Real Estate Today RentBuy

Renters Continue to Rent Out of Fear To Buy Because of Increasing Home Prices

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Today’s News Synopsis: Both the National Multifamily Housing Council and the National Apartment Association released their latest data showing where it is too expensive to build new homes despite the need for more new properties.  More renters are continuing to rent simply because they are afraid to buy due to increasing home prices.  The most expensive […]

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Real Estate Today movies

Real Estate Agents Using Movies to Sell Their Luxury Homes

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Sources: CoreLogic Reports Mortgage Credit Risk Edges Up Slightly May home sales and price report Mortgage Rates Continue to Hold The Cost of Living Is Quickly Rising in These 10 US Cities These cities saw house prices fall in spite of national trend Number of Homes for Sale Drop at Fastest Pace in Four Years

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Real Estate Today ZillowSales

Zillow Showed Homes for Sale Decreasing at Fastest Rate Since 2013

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Today’s News Synopsis: Zillow’s latest real estate market report showed homes for sale are not only decreasing but are doing so at their fastest rate since 2013.  Freddie Mac reported mortgage rates remained relatively the same with 30-year rates at 3.9% and 15-year rates at 3.17%.  Lower-end buyers are having less and less of a

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Real Estate Today homesales

CAR’s Latest Home Sales and Price Report Shows Increase in Existing Home Sales

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Today’s News Synopsis: The latest home sales and price report from the California Association of Realtors showed existing home sales increased 5.4% month-over-month and 2.6% year-over-year.  CoreLogic is expected to announce next week how they did financially in the second quarter.  GoBankingRates released a list of the few places left where home prices actually decreased

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Real Estate Today wholefoods

Zillow Shows Living Near a Natural Food Store Can Increase Your Home Appreciation

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Today’s News Synopsis: Zillow’s latest report showed your home could appreciate better if you live near a natural food store such as Whole Foods or Trader Joe’s.  Mortgage credit risk increased in the first quarter by 3. points to 105.6 according to CoreLogic.  Real estate transactions involving commercial properties decreased drastically in the first quarter

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Real Estate Today livingcost

Report From GoBankingRates Shows Where Cost of Living is the Highest

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Today’s News Synopsis: A recent report from GoBankingRates showed which cities are seeing the cost of living increase the most.  In addition, Realtor.com released its own list of the top cities where homes listed at $1 million and more are increasing.  Fannie Mae just released their economic and housing outlook report for the month of

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Real Estate Today builderconfidence

NAHB Report Shows Builder Confidence Remains Strong

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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 homes are selling increased drastically

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Real Estate Today interestrates1

Interest Rates Saw the Third Increase Today by the Federal Reserve Since 6 Months Ago

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Today’s News Synopsis: In a breaking news story, the Federal Reserve raised interest rates today for the third time in six months and plans to raise them one more time.  However, they may reconsider this decision with the drastic decrease and slowdown in consumer-price inflation.  More wealthy home buyers are going after REOs rather than

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