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Real Estate Today Texas

Cryptocurrency Used to Buy House in Austin, Texas

Today’s News Synopsis: First home purchase entirely by Bitcoin occurred this week in Texas.  The National Association of Realtors reported a 1.7% decrease in existing-home sales last month.  Mortgage applications decreased 9.7% in the wake of the hurricanes and increased rates. In The News: National Association of Realtors – “Existing-Home Sales Subside 1.7 Percent in August” […]

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Real Estate Today Loftium

Loftium Will Provide Down Payment If You Let Them AirBnB Your Spare Room

Today’s News Synopsis: Loftium will provide down payment if you let them AirBnB your spare room.  In the wake of both Hurricanes Irma and Harvey, builder confidence decreased by three points to 64 in September.  The biggest thing holding back millennials from owning a home is student debt. In The News: Black Knight Financial Services –

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Real Estate Today Upstart

Upstart Network Uses Alternative Data to Make Credit and Pricing Decisions

Today’s News Synopsis: No-Action letter issued by the CFPB to Upstart Network.  Mortgage rates continue to remain at their lowest for this year with 30-year rates at 3.78% and 15-year rates at 3.08%.  Following Amazon’s taking over certain stores such as Whole Foods, others are seeing this as an opportunity for real estate pricing. In

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Real Estate Today NYTimes

NYtimes.com Capitalizing On Zillow vs NEBNY Turmoil

Today’s News Synopsis: New York Times is giving Brokers free listing exposure on their website.  Baby boomers are downsizing in their living situation and choosing the downtown area.  Brian Montgomery has been nominated by Trump to be the new head of the FHA. In The News: HousingWire – “Trump picks Brian Montgomery to lead FHA“ (9-13-2017)

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Real Estate Today overestimatedValue

Homeowners Continue To Overestimate Their Home Values

Today’s News Synopsis: How much do you think your house is worth?  Many homeowners seem to be overestimating their value.  Household incomes in the U.S. increased last year to their highest on record by 3.2% as poverty decreased. Prices on homes are increases as demand for rentals continues to increase. In The News: Zillow – “Renter

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“Amazon to Headquarters”…..Wait, Where Will That Be? #370

Real Estate News Recap: CoreLogic US Home Price Report Shows Prices Up 6.7 Percent in July 2017 Overall Housing Confidence Up as Rising Home Prices Influence Increasingly Divergent Home Buying and Selling Sentiment U.S. Jobless Claims Soar by Most Since 2012 on Hurricane Harvey You can buy a new Dubai apartment for 50 bitcoin West

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