California Home Sales Drop to a 10-Year Low
A report by the California Association of Realtors (CAR) showed January’s sales figures were down 3.9 percent from the revised 372,260 level in December and […]
Residential Real Estate
Adjustable Rate Mortgages Make a Comeback
Adjustable Rate Mortgages (ARMs) are making a comeback. In December 2018, 9.2 percent of all new mortgage loans had an adjustable rate, up from 8.9 […]
The Average San Francisco Home Seller Made a Gain of $361K in 4Q 2018
Home sellers in San Francisco in Q4 2018 made an average of $361,125 more than their original purchase price, according to a new report by […]
New App Helps Tenants Eventually Become Home Owners
Divvy, an app-based expense management platform, has secured a $250 million credit facility from Waterfall Asset Management, reported PR News Wire. The Divvy Homes model involves buying homes […]
Gridlock in DC & Volatility on Wall Street Maybe Helping the Housing Market
Traditionally, bad news in Washington DC (i.e. a government shutdown) or volatility on Wall Street (i.e. erratic stock market movements) are bad for the real […]
Renting Homes More Affordable Than Buying in 59 Percent of U.S. Cities
According to ATTOM Data Solutions new 2019 Rental Affordability Report, renting a three-bedroom property in the U.S. is more affordable than buying a median-priced home in […]
Zillow Adds More Markets to its i-Buyer Program Amid Signs of a Downturn
Seattle-based Zillow plans to expand its i-Buyer program, known as Zillow Offers program in Dallas and Houston, TX, Raleigh, NC and Riverside, CA in 2019, according to […]
Home Sales Continue to Drop. Will Prices Follow Suit?
The red hot housing market appears to be something of the past, according to recent home sale figures. The National Association of Realtor’s (NAR) Pending […]
Zillow Says Housing Market to Slowdown in 2019
Real estate marketplace Zillow Group said it expects the home-buying market to continue to slow in 2019, as a continued rise in interest rates hurts […]
FDIC Proposes New Real Estate Appraisal Guidelines
On Nov. 20, the Federal Deposit Insurance Corp. (FDIC), the Office of the Comptroller of the Currency and the Board of Governors of the Federal […]