Higher Rates Cause a 9% Plunge in Mortgage Applications
Weekly mortgage applications dropped by 9.2% from the previous week, reported the Mortgage Bankers Association. The drop comes against a backdrop of mortgage rates, which […]
Residential Real Estate
UPDATE: Average 30-Year Fixed Mortgage Hits 4%
CNBC is reporting that the rate on an average 30-fixed mortgage has hit 4% today against a backdrop of heavy selling in the U.S. bond […]
Student Debt, Late Marriage & Lack of Affordable Homes, Driving Rental Mkt.
While home ownership has reached 63.5% at the end of Q3 2016, the highest level in nearly a decade, the majority of new household formations […]
Home Prices vs. Stock Prices Over the Past 5-Years
National realtor firm Redfin and investment advisory firm FutureAdvisor conducted a joint analysis on the performance of the stock market vs. the real estate market since the […]
Home Equity Wealth Doubles Over the Past 5-Years
Home equity wealth has doubled over the past 5-years because of the housing recovery a CoreLogic economist told CNBC. The recovery helped the average homeowner […]
Santa Monica, CA Becomes First City to Require Zero-Net Energy in New Homes
Santa Monica, CA became the first city in the world to require all new single-family home construction to generate Zero-Net Energy (ZNE), reported Realtor.com. ZNE […]
55% of Seattle’s Real Estate Transactions Involve Foreign Investors
Foreign real estate investors, especially from China, are increasingly focusing on Seattle, according to an article in CNN. Chinese investors are targeting Seattle, after other […]
Home Prices Up 6.3% From Last Year. Another 5.2% Rise by Sept. 2017
U.S. home prices rose by 6.3% from September 2015, according to CoreLogic’s Home Price Index for September 2016. Another 5.2% rise is expected by September […]
Home Flipping Reaches a Six Year High – ATTOM
The number of home flippers has reached its highest level since Q2 2010, according to a report by ATTOM Data Solutions. A total of 39,775 […]
29.7 Percent of All Real Estate Sales in July were “All-Cash”
CoreLogic released a report showing that 29.7% of all real estate sales in July were paid for in cash, down 1.9% from July 2015. The […]