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Real Estate Today apartments

More Apartment Businesses Renting Out Single Rooms Rather Than Whole Apartments

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Today’s News Synopsis: The California Association of Realtors released their home sales and price report for April, showing median home prices at their highest in ten years and existing-home sales down 2.4% month-over-month and 1.7% year-over-year.  The New York Federal Reserve reported debt increased by $149 billion, passing the record level it was at during […]

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Real Estate Today construction

Construction on Multifamily Properties Decreased 2.6% Last Month

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Today’s News Synopsis: Construction on multifamily properties decreased 2.6% last month according to HUD and the Commerce Department.  Mortgage delinquency rates decreased to 4.71% at the end of the first quarter of 2017 according to the Mortgage Bankers Association.  Fannie Mae released their latest Economic and Housing Outlook, showing they expect the second quarter to

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Real Estate Today grads

Realtor.com Releases List of Top Ten Cities for New College Graduates

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Today’s News Synopsis: The NAHB reported an increase in builder confidence, having increased two points to 70 this month.  Realtor.com released their latest list of top ten cities when new college graduates should go for the most affordable housing and best job markets.  The Mortgage Bankers Association reported a 4.3% decrease in home purchase applications

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Real Estate Today homebuyer

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

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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 Addresses Housing Needs in Underserved

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Real Estate Today foreclosures

Foreclosures Activity Decreases To Lowest in 12 Years

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Today’s News Synopsis: Freddie Mac reported mortgage rates continue to hold steady with 30-year rates at 4.05% and 15-year rates at 3.29%.  ATTOM Data Solutions reported foreclosure activity decreased 7% month-over-month and 23% year-over-year to its lowest in 12 years.  Housing affordability increased slightly in the first quarter with 60.3% of homes being affordable between

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Real Estate Today mortgage loan

Mortgage Loan Performance Continues to Improve According to CoreLogic

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Today’s News Synopsis: Mortgage Loan Performance Continues to Improve According to CoreLogic.  Realtor.com’s latest list shows the top cities where you can get the most out of your quarter-million dollars.  Research from different studies shows one factor that could have an effect on your mental health is actually the location where you live. In The

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Real Estate Today housingcomeback

Realtor.com Releases List of Cities that Made the Biggest Gains Since the Crash

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Today’s News Synopsis: Realtor.com released their list of the top cities that made the biggest comeback in the housing market since the Crash.  The latest Home Purchase Sentiment Index from Fannie Mae showed sentiment increased 2.2 percentage points last month after having decreased in March.  Freddie Mac is releasing a new proposal known as the

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for rent

HomeUnion Releases List of Best and Worst Places for Return on Rentals

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Sources: CoreLogic US Home Price Report Shows Prices Up 7.1 Percent in March 2017 Consumer Spending in U.S. Stalls in March Purchase Apps Up, Refis Down in Latest MBA Weekly Survey Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million Builder Confidence in the 55+

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underwater house

Seriously Underwater Properties Decrease by 1.2 million Year-Over-Year

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Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1.2 million year-over-year in the first quarter.  The latest Houzz & Home Survey showed more money is being spent on home renovations by both millennials and first-time homebuyers.  Late summer is the best time to purchase a home according to the latest Zillow

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