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Affordability Takes a Hit in 2nd Quarter
Rising home prices are offsetting lower mortgage rates in dampening housing affordability in the second quarter, a new index shows. Powered by WPeMatico
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Rising home prices are offsetting lower mortgage rates in dampening housing affordability in the second quarter, a new index shows. Powered by WPeMatico
With the commercial real estate market entering the late stages of its current growth cycle, industry experts fear that another recession looms in...Powered by WPeMatico
Mark Roesler hopped in his car on a Saturday morning in the 1980s and drove to the quaint Indiana town where family members of the late film icon James Dean lived. An intellectual property rights attorney, Roesler sat down with Dean’s aunt and cousin on their farm to explain to them that they deserved rights… Continue Reading What Are You Really Selling?
The average time-to-close, as measured by closed listings reported from MLSs, rose modestly in July relative to a year earlier. July’s 3-day delay was roughly in line with the 3.1 day delay averaged over the prior 3 months. The July reading tied April for the second lowest since October of 2015. After falling sharply in… Continue Reading TRID, Brexit, or Something Else?: Delays Level Off
For all the middle children out there: are you often categorized as an “attention-seeker” or perhaps “the forgotten one?” This may have slipped people’s mind, but today is National Middle Child Day! As the middle children of America celebrate August 12 as their national holiday, the National Association of Realtors® relates some of their data… Continue Reading It’s National Middle Child Day, (..cough cough..) Don’t Forget!
Brexit, the vote by British citizens to leave the European Union, could have far reaching implications for international trade, but it could take several years to realize the full impact. In the near term, it means lower mortgage rates, stronger refinances, and improved affordability for home buyers. For the 2nd quarter Survey of Mortgage Originators,… Continue Reading Brexit: Lower Rates with Little Delays
Commercial real estate transactions span the price spectrum, but tend to be measured and reported based on size. While the majority of buildings (81 percent) are relatively small (small cap CRE), with the bulk of commercial space (71 percent) concentrated in larger buildings (large cap CRE), larger buildings account for the majority of sales. CRE… Continue Reading Cap Rates Compress in REALTORS® CRE Markets In Q2.2016
Olympics, mortgages, castles, design, tedium, cookies, autonomous growth, reviews, and tech! Train for citius, altius, fortius, but don’t count on making a profit. Rule 40 prevents athletes from cashing in during the games. If a gold medal winner wants cash, they could sell their medal for $564. One (profiting) athlete just tied an Olympic record… Continue Reading What We’re Reading: August 8-12
Younger households finally may be shifting toward buying rather than renting in greater numbers, a new survey by Fannie Mae finds. Powered by WPeMatico
Home prices were on the rise in 83 percent of the metros across the country in the second quarter compared to a year earlier, according to the...Powered by WPeMatico