Today’s News Synopsis: Realtor.com released their list of the top suburban areas in America. A house that remains on the market, still waiting for an owner, is the former home of Lou Gerhrig, which he originally bought as a fixer-upper. A new chief economist, Mark Calabria, has just been hired by Vice President Mike Pence. […]
Realtor.com Releases List of Top Suburban Areas in America Read More »
Sources: House flipping is back, with all its opportunities and risks Mortgage Credit Availability Increases in January CoreLogic US Home Price Report Shows Prices Up 7.2 Percent in December 2016 Number of Seriously Underwater Properties Down 1 Million From Year Ago, Down 7.1 Million From Market Bottom in Q1 2012 Mortgage Rates in Holding Pattern Redfin
Airbnb Sued for First Time By New York Property Managers Read More »
Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1 million year-over-year and 7.2 million from their bottom in 2012. Mortgage rates continue to remain steady with 30-year rates at 4.17% and 15-year rates at 3.39%. Trulia’s research showed more and more people are wanting homes not available for sale. In The
‘Mismatched Markets’ On the Rise for Many Customers Read More »
Today’s News Synopsis: The Mortgage Bankers Association reported a 2.3% increase in mortgage applications from last week. HomeUnion released a list of the top cities where landlords could expect to see the best returns on rentals. Fannie Mae plans to release the financial results for 2016 and for the fourth quarter this coming Friday. In
Fannie Mae Plans to Release Financial Results For 2016 and Fourth Quarter on Friday Read More »
Today’s News Synopsis: The Mortgage Bankers Association reported an increase in the amount of mortgage credit available for the month of January. CoreLogic reported a 7.2% increase in home prices for the month of December. However, houses are at their lowest affordability due to this factor plus higher mortgage rates income growth not being as
Today’s News Synopsis: One trend in the real estate housing market making a comeback is house flipping with 6% of homes sold last year being flips. Redfin came out with another one of their unique lists, this time showing the best places to live if you do not own a car. A further growth in
Redfin Lists Best Places To Live If You Do Not Own a Car Read More »
Sources: U.S. Pending-Home Sales Rebound Despite Rise in Mortgage Rates U.S. Consumer Spending Rose in December by Most in Three Months US home prices rose 5.6% in November: S&P CoreLogic Case-Shiller Quarterly Residential Vacancies And Homeownership, Fourth Quarter 2016 Mortgage Rates Steady to Begin February U.S. Distressed Sale Share Drops to Nine-Year Low in 2016
Federal Reserve’s Latest Stress Test Puts More Emphasis on Commercial Real Estate Read More »
Aaron and Bruce continue their discussion this week about their event today and their latest newsletter. Episode Highlights What are the wild cards Bruce will cover in his event tomorrow? How is this market timing report different from any other? What are the housing markets like in the different counties, and which have room to improve?
Today’s News Synopsis: Freddie Mac reported mortgage rates continue to remain stable after increasing last week; 30-year rates now at 4.19% and 15-year rates at 3.41%. Sales of distressed properties in the U.S. are at their lowest in nine years, making up 16.2% of single-family and condo sales. The housing market in the fourth quarter
Sales of Distressed Properties in the U.S. at Lowest in 9 Years Read More »
Today’s News Synopsis: Homeownership and vacancy rates across the nation totaled 1.8% and 6.9% in the fourth quarter according to the latest Census Bureau report. AppFolio just released their list of markets where renting is the most and least affordable. Redfin and Sun Number also released their list of top ten cities that have the
