Real Estate News

March 12, 2018

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

INFO THAT HITS US WHERE WE LIVE... CoreLogic reports January home prices gained 6.6% annually, noting: "Entry-level homes have been in particularly short supply, leading to more rapid home-price growth compared with more expensive homes."

Yet Trulia says affordability has grown. They found that today, the median household can ...

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Posted in Real Estate News
March 5, 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 National Association of Realtors Pending Home Sales, an index of contracts signed on existing homes, fell 4.7% in January. Low inventory was the culprit, but the NAR's chief economist sees hope, as starts near the "historical annual ...

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Posted in Real Estate News
Feb. 26, 2018

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

INFO THAT HITS US WHERE WE LIVE... Following their December decline, Existing Home Salesdipped again in January by 3.2%, to a 5.38 million annual rate. Though volatile month to month, home sales in 2017 racked up their best year since 2006 and are expected to maintain that upward ...

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Posted in Real Estate News
Feb. 20, 2018

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

INFO THAT HITS US WHERE WE LIVE... Coming off their best year in a decade, Housing Starts surprisingly rose 9.7% in January, as home building heated up to a 1.326 million annual rate. The future looks good too, with Building Permits up to a 1.396 million annual ...

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Posted in Real Estate News
Feb. 15, 2018

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

INFO THAT HITS US WHERE WE LIVE... The Fannie Mae Home Purchase Sentiment Index (HPSI) rose in January to a new all-time high. More people say that now is a good time to buy and a good time to sell, home prices should rise and mortgage rates fall, and job ...

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Posted in Real Estate News
Feb. 5, 2018

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

INFO THAT HITS US WHERE WE LIVE... The National Association of Realtors (NAR) reported Pending Home Sales rose in December for the third month in a row, ending 0.5% ahead of a year ago. This index of contracts signed on existing homes foretells sales gains a few months out ...

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Posted in Real Estate News
Jan. 28, 2018

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

INFO THAT HITS US WHERE WE LIVE... Just like Housing Starts the prior week, New Home Sales closed out 2017 at their highest annual total in a decade, 14.1% ahead of a year ago. They were down 9.3% in December, but the post-hurricanes boost is over. Read more ...

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Posted in Real Estate News
Jan. 19, 2018

HOUSING NEWS AND RATE INFO

Here are quarterly housing and rate charts. Please feel free to share. As always, I am here for you , don't hesitate to call or email.

30 Year FHLMC Rates On 30-Year Fixed-Rate Mortgage Chart

 

200 Year Historical Rates On 30-Year Fixed-Rate Mortgage Chart

Housing Prices Chart

S&P/Case-Shiller ...

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Posted in Real Estate News
Jan. 9, 2018

THE 15 MOST EXPENSIVE RENO HOME SALES IN 2017

I am proud to have sold one of the 15 most expensive homes in Reno in 5017. 885 Hill Lane, Reno.

The rising cost of housing in the last few years is making home ownership a tough proposition for Reno home buyers. We look at what’s fueling the Biggest Little ...

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Posted in Real Estate News
Jan. 9, 2018

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

INFO THAT HITS US WHERE WE LIVE... The last week of the year gave us the encouraging report that Pending Home Sales, the National Association of Realtors (NAR) index of contracts signed on existing homes, edged ahead 0.2% in November. The chief economist of a major financial services firm ...

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Posted in Real Estate News