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Real Estate Today technology

Millennials Believe Technology Makes the Real Estate Investment Process Easier

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Today’s News Synopsis: What is spurring Millennial home ownership?  According to Forbes, it’s real estate investing.  Despite previous plans to increase interest rates again this month, the Federal Reserve has decided to postpone it once again.  The Mortgage Bankers Association reported mortgage applications increased 0.4% from last week. In The News: CoreLogic – “CoreLogic Reports Second […]

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Real Estate Today retail1

Retailers Move Out…e-Commerce Companies Move In

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Today’s News Synopsis: As brick-and-mortar retailers shut their doors and move out, e-Commerce companies are moving in…to their warehouses.  The latest S & P CoreLogic Case-Shiller Indices showed home prices were at a record high for the sixth straight month, having increased 5.6% in May.  From 2005-2015 the population increased for millennials, but now for

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Real Estate Today Freddie

Freddie Mac is Following Fannie Mae Into The Rental Market

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Today’s News Synopsis: Freddie Mac wants to provide tens of millions of dollars in financing to mid-size landlords and Non-Profits.  The National Association of Realtors reported a 1.8% decrease in existing-home sales for the month of June.  LA is on top for the number of investment sales after Manhattan’s dropped 55%. In The News: New York

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Real Estate Today realitytv

Trends Are in Part Fueled by Reality TV Programs on Buying, Flipping and Fixing Up Properties Experts Say

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Sources: June home sales and price report June New Home Purchase Mortgage Applications Increased 10 Percent Year over Year Builder Confidence Slips Two Points in July, Remains Solid U.S. Housing Starts at Four-Month High Give Boost at Quarter-End Mortgage Rates Move Lower Typical U.S. Home Worth More Than $200,000 for First Time The 10 Best

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Real Estate Today homevalue

Typical U.S. Home Worth More Than 200K For the First Time Ever According to Zillow

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Today’s News Synopsis: During the height of the housing bubble over a decade ago, the median U.S. home value peaked at $196,600 but never surpassed the $200,000 threshold until now.  Freddie Mac reported mortgage rates decreased again with 30-year rates now at 3.96% and 15-year rates 3.23%.  There has not been one new residential development in Industry City

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Real Estate Today affordability

Housing Is So Affordable…”Doesn’t Feel That Way,” Says Freddie Mac

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Today’s News Synopsis: Freddie Mac explains why the housing market does not seem affordable despite the Housing Affordability Index being at its highest on record.  Housing starts increased to their highest in four months by 8.3% to 1.22 million.  Looks like the latest star in the news to be selling their home is “Game of

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Real Estate Today GenX

Ten Years After The Crash, Gen-X Homeowners Still Lagging Behind

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Today’s News Synopsis: Homeowners of Generation X are the ones that are still hurting the most from the Housing Crash and having trouble gaining equity in their homes.  The NAHB reported builder confidence decreased this month, although it continues to stay strong.  A record number of homes was sold this month to international buyers. In

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Real Estate Today newhomebuyer

Realtor.com’s Latest List Shows the Best and Worst Places For First-Time Buyers to Purchase

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Today’s News Synopsis: Big day for homes.  The latest home sales and price report from the California Association of Realtors showed existing home sales increased 3.3% month-over-month and 2.4% year-over-year in June.  Meanwhile, the median price was up 0.9% month-over-month and 7% year-over-year.  The Mortgage Bankers Association reported a 10% increase in new home purchase

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Real Estate Today amazon

Looks Like Amazon Is About To Dip Its Toes Into Real Estate

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Sources: Black Knight’s May Mortgage Monitor: Underwater Borrower Population Below Two Million for First Time Since 2006 Higher interest rates send mortgage applications tanking, down 7.4% Mortgage Rates Jump Again With autonomy, commercial real estate could go mobile CoreLogic Reports Mortgage Performance Continues Steady Improvement in April 2017 Yellen Heads to Congress Wondering Why Job

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Real Estate Today realestatereturn

ATTOM Data Solutions’ Latest Report Shows Which Neighborhoods Received the Best Returns on Real Estate

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Today’s News Synopsis: Freddie Mac reported an increase in mortgage rates for the second week in a row with 30-year rates now at 4.03% and 15-year rates at 3.29%.  ATTOM Data Solutions’ latest report shows which neighborhoods were the strongest and received the best returns on their real estate.  Janet Yellen’s had her final day

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