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Hurricane Sandy

East Coast Seeing Improvements in Real Estate 4 Years After Hurricane Sandy

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Today’s News Synopsis: The estate coast is finally seeing improvements in the real estate market four years after being struck by Hurricane Sandy.  The second quarter saw a decrease in housing affordability with the increase in home prices.  ATTOM Data Solutions released their latest report showing a total of 6.7 million properties underwater in the […]

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Fannie Mae

Non-Performing Loans to be Sold Off by Fannie Mae This Week

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Today’s News Synopsis: The Mortgage Bankers Association reported a 7.1% increase in mortgage applications from last week.  Fannie Mae just announced they will be selling off a large amount of non-performing loans, a small portion of these loans being community impact pools.  China has shown less of an interest in U.S. real estate with the

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walking

Redfin Tests To See if Home Values Effected By People Preferring to Walk

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Today’s News Synopsis: Redfin recently tested to see if the value of home is affected more greatly in areas where people prefer to walk.  Commercial real estate in Silicion Valley is showing no signs of slowing down despite funding for technology being weak.  The inventory of foreclosures declined 4.9%, putting foreclosures at their lowest since

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MERSlogo2

New MERS Fee Upheld by Connecticut Supreme Court that Could Prevent Future Lawsuits

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Today’s News Synopsis: Consumer confidence in Canada increased to 59.9 with the increase in consumer optimism over the economy and housing market.  A new MERS fee was just upheld by the Connecticut Supreme Court that could prevent future lawsuits against the system.  Real estate investors are continually wondering which market will start to see a

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positive jobs report

Latest Jobs Report Extremely Positive This Month

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Sources: Mortgage Applications Decrease in Latest MBA Weekly Survey Private companies add 179,000 in July vs. est. of 170,000: ADP Dollar rallies after robust US jobs report Mortgage Rates Fall Back Near 2016 Low Consumer Spending in U.S. Rose 0.4% for Second Month in June California pending home sales post third straight annual increase in

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Brad Hunter Blog

Home Improvement Trends in Real Estate with Brad Hunter of HomeAdvisor #498

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Bruce Norris is joined this week by Brad Hunter.  Brad spearheads HomeAdvisor, which works with the analysis and tracking of housing markets and the home improvement industry using proprietary data.  In his former position, he was Chief Economist and Director of Consulting for Metro Study, where he orchestrated 100s of areas for specific housing market

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ADP jobs

ADP and Moody’s Analytics Shows 179,000 Jobs Added by Private Companies

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Today’s News Synopsis: The Mortgage Bankers Association reported a 3.5% decrease in mortgage applications from last week.  The latest reports from ADP and Moody’s Analytics showed more jobs were added by private companies than was forecasted at 179,000 compared to 170,000.  A new proposal by the County Council would prohibit any and all road signs

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Real Estate Tech Company Bridge Interactive Group Purchased by Zillow

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Today’s News Synopsis: The real estate tech company Bridge Interactive Group, which helps brokers manage their home listings, was just bought by Zillow.  It is believed sea levels are increasing, which would cause the loss of 1 million homes, or $1 trillion, in Florida.  Freddie Mac reported a net income of $993 million in the

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Social Media Playing a Big Role In People’s Decisions to Invest

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Sources: New home sales reach 8-year high Case Shiller: May home prices rise at modest rate Cash Sales Share Slows Morning Briefing: All-time high for prices says RealtyTrac Thriving home remodeling market set to reach $321B by 2017 Construction firms’ struggling to fill jobs’ as 25 states shed positions in June Guiding Principles For the

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