Today’s News Synopsis: The latest S&P Case-Shiller Index showed a 5.6% increase in home prices last November. The number of single women who buy homes is twice as many as single men. The latest outlook on demand for multifamily properties was released by Freddie Mac, and they foresee a potential risk in oversupply. In The […]
Number of Single Women Home Buyers Twice as Many as Single Men Read More »
Today’s News Synopsis: The Miami real estate market is becoming a more popular venture for Russian buyers. The monthly outlook Freddie Mac puts out every month was just released for the month of January. The National Association of Realtors reported an increase in pending home sales in the midst of increased mortgage rates. In The
Miami Real Estate Becoming a Popular Venture for Russian Buyers Read More »
Sources: Equity Gains Fuel Rise in Housing Market Value Why the supply of homes for sale is the lowest since 1999 Cash and Distressed Sales Update: October 2016 Redfin Report: Luxury Home Prices Inched Up 0.7 Percent in Fourth Quarter as the Rest of the Market Showed Substantial Gains Mortgage Rates Rise for First Time
New Home Sales of Single-Family Homes Increase to Highest in 10 Years Read More »
Bruce and Aaron Norris held a live webinar this week discussing their latest newsletter and upcoming event 2% Interest, $40 Trillion in Debt, and Other Surprise Endings. In the show they also discuss how the Norris Group is celebrating its 20th anniversary this year. Bruce started the company when he was 44, and when you think
Today’s News Synopsis: Freddie Mac reported an increase in interest rates for the first time this year, 30-year rates now being at 4.19% and 15-year rates at 3.40%. Mansion Global conducted a survey with real estate tax attorneys to determine which countries have the highest and lowest residential taxes. The Labor Department reported an increase
Labor Department Reports Increase in Jobless Claims by 22,000 Read More »
Today’s News Synopsis: House flipping is showing signs of increase in the United States, specifically in areas like Las Vegas, Detroit, and Chicago. CoreLogic’s latest report showed distressed sales are at levels seen back in 2007, standing at 7.7%, while cash sales stand at 31.8% in October. Redfin reported a 0.7% increase in luxury home
House Flipping Increasing Across the United States Read More »
Today’s News Synopsis: MISMO has decided to allow more time for people to leave their comments and opinions regarding rent exchanges on commercial properties. A new mobile app was released today by CoreLogic allowing customers a broader access to property data. Existing-home sales decreased in December to their lowest in 18 years. In The News:
Existing-Home Sales Decreased to Lowest in 18 Years Read More »
Today’s News Synopsis: Trump made a decision today to reverse a fee cut that would have been applied to FHA loans. Insider experts gave a recent list of luxury home items that could be gone in the next two decades, including home theaters and master suites. Housing market value increased with the rise in equity
Housing Market Value Increases With Rise in Equity Read More »
Sources: Builder Confidence Holds Firm in January Mortgage Applications Increase in Latest MBA Weekly Survey Nationwide Housing Production Up 11.3 Percent in December on Multifamily Surge Remodeling Market Optimism Remains Positive in Fourth Quarter Mortgage Rates Lower for Third Consecutive Week Soros Says Markets to Slump With Trump, EU Faces Disintegration Inglewood real estate market
California Association of Realtors Releases Its Latest Report on the Housing Market Read More »
Today’s News Synopsis: Production on multifamily houses across the nation increased 11.3% in December to 1.23 million. Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53. Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates now at 4.09% and 15-year
Mortgage Rates Drop Again For Third Week in a Row Read More »
