Today’s News Synopsis: The power struggle over real estate listings in New York continues with Zillow and Realtor.com, and REBNY is in the middle. Mortgage applications increased 3% last week with the recent decrease in interest rates. Black Knight Financial Services reported foreclosures decreased in June to levels not seen in 16 years. In The […]
The Power Struggle Over Real Estate Listings Continues Read More »
Today’s News Synopsis: Baby Boomers who refuse to sell are adding to housing shortage. A recent study from Trulia showed those with a greater chance of owning a home and higher ownership rates were those who graduated from college and received advanced degrees. An entire street in San Francisco was just purchased for $90,000, much
Is Aging In Place Dominating the Housing Market? Read More »
Today’s News Synopsis: Mall CEO’s say retail apocalypse is exaggerated. Do you believe them? According to the latest Home Purchase Sentiment Index from Fannie Mae, there are much fewer Americans now than before who believe now is a good time to buy a home. Low-down-payment purchase lending is at its highest in seven years according
Shopping Mall Owners Are Tired of the Industry Chatter Read More »
Real Estate News Recap: Pending Home Sales Recover in June, Grow 1.5 Percent Black Knight Home Price Index Report: May 2017 Transactions Commercial/Multifamily Borrowing Up 20 Percent Year-over-Year CoreLogic US Home Price Report Shows Prices Up 6.7 Percent in June 2017 Realtors Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in
What Would You Do With Ailing Shopping Malls? Read More »
Today’s News Synopsis: The new National Association of Realtors CEO Bob Goldberg says they are set to “embrace disruption.” Zillow reported an increase in the homeless population with rents drastically increasing. Mortgage rates continue to remain level with 30-year rates at 3.93% and 15-year rates at 3.18%. In The News: Freddie Mac – “Mortgage Rates Hold
Business As Usual? Not According to New NAR CEO Read More »
Today’s News Synopsis: Some NYC brokerages have stopped sending listings to StreetEasy and Zillow group websites. Will more follow? More and more households are seeing multiple generations living together in the same house. $38 million from HUD will be contributed towards combating discrimination in the housing market. In The News: Realtor.com – “All in the Family:
Is There An Open Rebellion Against the Real Estate Giant? Read More »
Today’s News Synopsis: Veterans and active duty members are eligible for some of the lowest mortgage rates available, yet only 7% have used VA loans in the last 5 years. The latest home price report from CoreLogic showed a 6.7% increase in home prices in June. Los Angeles saw another rise in rents for the
Why Aren’t More Veterans Taking Advantage of Very Low VA Rates? Read More »
Today’s News Synopsis: What is Airbnb doing to rental markets? The National Association of Realtors reported a 1.5% increase in pending home sales in June, while Black Knight Financial Services showed home prices increased 1.1% in May. With many department stores expected to close, grocery stores may be moving into their places. In The News:
Is Airbnb Ruining Rental Markets? Bigger Pockets Answers That Question Read More »
Sources: Existing-Home Sales Retreat Sales Retreat 1.8 Percent in June June pending home sales and Market Pulse Survey The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets All Time High For Sixth Consecutive Month Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Drop Again U.S. Home Sellers Realized Average Price Gain of $51,000
Freddie Mac Changing Low Down Payment Mortgage Program Requirements Read More »
Today’s News Synopsis: What are the hottest Real Estate Markets for July? And no, they aren’t all in the Bay Area. The latest Primary Mortgage Market Survey from Freddie Mac showed another decrease in mortgage rates with 30-year rates now at 3.92% and 15-year rates at 3.20%. The second quarter of 2017 saw an
Housing Market Begins to Slow Down Midsummer, But This Year Is a Different Story Read More »
