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Real Estate Today bluepaint

Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

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Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for single-family homes are finally showing […]

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Real Estate Today summerhome

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

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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 in a row, North Dakota

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Real Estate Today veterans

U.S. Department of Veterans Affairs Thanks Disabled Veterans Through Housing Grants

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Today’s News Synopsis: The U.S. Department of Veterans Affairs offered housing grants to disabled veterans as a way to say thank you for their service.  Home prices increased again to a new high at 1.3% month-over-month and 5.8% year-over-year.  Meanwhile, Redfin reported a 9.2% increase in their housing demand index. In The News: Realtor.com – “Honoring

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Real Estate Today closings

Pro Teck Report Shows Markets Where Closings Happen the Fastest

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Sources: April new home sales fall from 9-1/2-year high Black Knight Financial Services’ First Look at April 2017 Mortgage Data US existing home sales slipped 2.3% in April as supplies tighten April pending home sales and Market Pulse Survey Mortgage Rates Drop to Lowest of 2017 National Home Values Surpass Peak Multifamily Developer Confidence Dips

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Real Estate Today jobs

Labor Market Improving With Jobless Claims Showing Little Change

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Today’s News Synopsis: Mortgage rates decreased again to their lowest this year with 30-year rates at 3.95% and 15-year rates at 3.19%.  Loans originated on residential properties came in at 1.4 million in the first quarter, down 30% from the previous quarter and up 21% year over year.  The labor market is continuing to show

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Real Estate Today Zillow

Zillow Holds Contest For Best Improvement to their Zestimates Algorithm

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Today’s News Synopsis: Black Knight Financial Services released their Mortgage Data Report for April 2017, which showed a 13% increase in mortgage delinquencies and foreclosures at their lowest in ten years.  Existing home sales decreased 2.3% in April, while pending home sales 5.9% month-over-month and 7.4% year-over-year.  Zillow is holding a contest for data scientists

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Real Estate Today sales

New Homes Sales Decrease 11.4%, But Not Because of Lack of Available Homes

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Today’s News Synopsis: New homes sales decreased 11.4% in April after being at their highest in over 9 years according to the Commerce Department.  Despite the decrease in sales, the reason is not because not enough are being built, but rather not enough people can afford one.  Fannie Mae announced its new program called the

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Real Estate Today CFPB

CFPB Investigating Zillow Over Advertising Violations

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Today’s News Synopsis: The CFPB is investigating Zillow regarding whether some of their advertisements were in violation of regulations against kickbacks.  Realtor.com released their newest list of places where you might not want to live if you are trying to move up from your starter home.  More houses should be built with the shortage of

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Real Estate Today rent

Suburbs Are the Areas Seeing the Biggest Increase in Rents

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Sources: Builder Confidence Continues on Upward Trend April New Home Purchase Mortgage Applications Drop 4.3 Percent Year over Year Multifamily Drop Brings Down Housing Production 2.6 Percent in April Delinquencies Decline in Latest MBA Mortgage Delinquency Survey April home sales and price report Mortgage Rates Edge Down Another Second Quarter Rebound Likely to Follow First

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Real Estate Today secretCosts

Zillow Says Extra Hidden Costs for Homes Could Cost Up to $15,000

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Today’s News Synopsis: The sizes of single-family homes are becoming smaller as more people are shopping for townhouses and the size of the home is decreasing.  Mortgage rates decreased this past week with 30-year rates now at 4.02% and 15-year rates at 3.27%.  Zillow revealed extra costs homeowners may find themselves having to pay for

Zillow Says Extra Hidden Costs for Homes Could Cost Up to $15,000 Read More »

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