Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased by only 0.1% from last week, while refis decreased 5%. Trulia reported the value of homes is actually less now than they were prior to the Crash. Federal Reserve has decided once again to hold off on increasing rates. In The News: Mortgage Bankers Association – […]
Trulia Reports Value of Homes Less Now Than Prior to Crash Read More »
Today’s News Synopsis: ATTOM Data Solutions and Realtor.com are working together to make Home Disclosure Reports available for properties across the nation. Home prices in the U.S. increased 7.1% in March according to the latest CoreLogic US Home Price Report. SmartAsset.com released their list of the top ten cities to have the highest debt. In
Home Prices Increase 7.1% in March According to CoreLogic Read More »
Today’s News Synopsis: 25% of sellers are not worried about selling their home according to the latest NAHB survey. The latest Mortgage Monitor Report from Black Knight Financial Services showed that 19% of HELOCs that are currently active are expected to reset this year. More and more people are choosing to remodel and make small
25% of Sellers Not Worried About Selling Their Home Read More »
Sources: Black Knight Home Price Index Report: February 2017 Transactions U.S. New-Home Sales Unexpectedly Rise to Highest Since July Redfin Housing Demand Index Drops Amid Lower-Than-Expected Buyer Activity in March; Remains Above Three-Year Average U.S. economy bogs down in first quarter with slowest growth in 3 years, GDP shows Mortgage Rates Increase After Weeks of
Bureau of Economic Analysis Reports 0.7% Increase in GDP in the First Quarter Read More »
Today’s News Synopsis: Freddie Mac reported mortgage rates increased again after five weeks of decline with 30-year rates now at 4.03% and 15-year rates at 3.27%. The National Association of Realtors reported a 0.8% decrease in pending home sales as prices are increasing and houses are becoming less readily available. Fannie Mae and Freddie Mac
NAR Reports Decrease in Pending Homes Sales With the Pinch in the Market Read More »
Today’s News Synopsis: More Americas are spending twice as much as before on home improvements. Despite the housing market being its strongest its sellers, demand for housing is slowly starting to dwindle with the decrease in available inventory. New legislation was introduced today, H.R. 2148, that was met with positive feedback from the MBA and
Today’s News Synopsis: The Commerce Department reported an increase in new home sales to their highest in 8 months, having increased 5.8% to 621,000. At the same time, pending home sales did not show much change for the third month in a row. Redfin’s latest Housing Demand Index also showed a decrease by 13.9% from
Redfin Reports Decrease in Latest Housing Demand Index Read More »
Today’s News Synopsis: The latest Home Price Index Report from Black Knight Financial Services showed home prices increased reached a new high in February, having increased 0.8% month-over-month and 5.7% year-over-year. The housing market for sellers for the spring has been at its best as homes are selling faster than they are being put on
Housing Market The Best It Has Been For Sellers Read More »
Sources: Builder Confidence Holds Firm in April Single-Family Production Falls in March After Strong February Reading Mortgage Defaults Climb Slightly Mortgage Rates Tumble Below 4 Percent Rents Rise at Slowest Pace in Five Years Political Holding Pattern Affirms Conservative Growth Forecast Freddie Mac April 2017 Outlook Robots May Help Build Your Next Home and Fill the
Gallup Poll Shows Real Estate is Still America’s Favorite Investment Read More »
Today’s News Synopsis: Mortgage rates decreased again to below 4% with 30-year rates now at 3.97% and 15-year rates at 3.23%. Confidence in the housing market is higher as shown by the increase in home remodeling. Zillow reported the slowest increase in rents since November 2012 in their latest Real Estate Market Reports, having only
Zillow Reports Slowest Increase in Rents Since November 2012 Read More »
