Real Estate News

Aug. 14, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

QUOTATION OF THE WEEK..."Housework can't kill you, but why take a chance." --Phyllis Diller, American comedian

INFO THAT HITS US WHERE WE LIVE... After dipping two months in a row, Pending Home Sales went up 0.9% in June--in all four U.S. regions. This ...

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Posted in Real Estate News
July 23, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

QUOTATION OF THE WEEK..."Insanity is hereditary. You get it from your children." --Sam Levenson, American humorist

INFO THAT HITS US WHERE WE LIVE... After rising in May at their fastest pace in 11 years, Housing Starts fell 12.3% in June, to a 1.173 million ...

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Posted in Real Estate News
July 16, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

INFO THAT HITS US WHERE WE LIVE... First American, a provider of services for real estate transactions, said their latest Real Estate Sentiment Index found nearly 87% of first-time buyers were 26-35 years old--aka millennials!

Their chief economist also said, "This month's increase by nearly 4,000 residential construction ...

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Posted in Real Estate News
July 9, 2018

Real Estate and Mortgage Rates - Last Week in Review and Forecast for this Week

>> Market Update

QUOTATION OF THE WEEK..."If you call failures experiments, you can put them in your resume and claim them as achievements." --Mason Cooley, American aphorist

INFO THAT HITS US WHERE WE LIVE... Freddie Mac's chief economist says "mortgage rates may have a little more room to ...

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Posted in Real Estate News
May 21, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

INFO THAT HITS US WHERE WE LIVE... In home building, the overall upward trend remains, as April Housing Starts were 10.5% ahead of a year ago, at a 1.287 million annual rate.Single-family starts were up 0.1% for the month, though overall starts declined ...

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Posted in Real Estate News
April 16, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

INFO THAT HITS US WHERE WE LIVE... Fannie Mae's latest Home Purchase Sentiment Index reports more people say now is a good time to buy--and more also say now is a good time to sell. Happy Spring!

Pew Research Center reports the number of multigenerational households ...

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Posted in Real Estate News
April 9, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

INFO THAT HITS US WHERE WE LIVE... Black Knight reports tappable equity hit $5.4 trillion in February, 10% higher than its 2005 all-time high. This is the amount a homeowner can borrow against before reaching an 80% loan-to-value ratio.

First mortgage balances climbed to $8.8 ...

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Posted in Real Estate News
April 3, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

INFO THAT HITS US WHERE WE LIVE... The spring buying season started off nicely, as Pending Home Sales reversed course and went up 3.1% in February. This measure of contracts on existing homes indicates more closed sales ahead.

The National Association of Realtors (NAR) chief economist ...

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Posted in Real Estate News
March 26, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

INFO THAT HITS US WHERE WE LIVE... After heading down two months in a row, Existing Home Sales flew back up in February, increasing 3.3%, to a 5.54 million annual rate. Demand remains strong: 46% of homes sold in less than a month.

New Home ...

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Posted in Real Estate News
March 20, 2018

REAL ESTATE AND MORTGAGE RATES - LAST WEEK IN REVIEW AND FORECAST FOR THIS WEEK

>> Market Update

QUOTATION OF THE WEEK..."Ask five economists and you'll get five different answers--six if one went to Harvard." --Edgar Fiedler, American economist

INFO THAT HITS US WHERE WE LIVE... After a spectacular January, Housing Starts took a break in February, dipping 7.0%, to a 1 ...

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Posted in Real Estate News