Today’s News Synopsis: Realtor.com shows us with markets remained strong even in the midst of the pandemic. Mortgage rates remained relatively the same, only up ticking slightly with 30-year rates now at 3.28% and 15-year rates at 2.72%. New home purchase applications decreased by 12% according to the Mortgage Bankers Association. In The News: […]
Today’s News Synopsis: The National Housing Forecast for this year sees lots of ups and downs and housing markets figure how to still function in this pandemic. The Mortgage Bankers Association reported a 0.3% increase in mortgage applications from last week. Business Insider gives us the most affordable small towns to live in each state
Housing Market Forecast 2020 Read More »
Today’s News Synopsis: Despite the downturn and pandemic, real estate remains a top choice for investors. Forbearance requests increase as unemployment reaches record highs. New home listings are making a comeback, specifically high-end homes. In The News: Realtor.com – “Homebuilders Are Now Offering Deals, Incentives on New Construction to Lure Buyers” (5-12-2020) “Mike and Crystal Green couldn’t
What Can You Do To Buy In A Downturn? Read More »
Today’s News Synopsis: As more states are reopening, sellers are still hesitating off to the side while buyers rush in. Luxury buildings are now offering free COVID testing, masks, and gloves to their clients. How can you still make your home look attractive to a potential buyer during this time? In The News: Forbes
Sellers Not Ready To Get Back Into the Game Yet Read More »
This week’s radio show and video guests are Amanda Han and Matthew MacFarland of Keystone CPA. See below for full video and resources. Episode Highlights As we enter the second stage, where does a lot of the uncertainty lie with loan forgiveness? How does loan forgiveness work when it comes to what the PPP loan must
Today’s News Synopsis: Which sector of the real estate industry is already doing business again, creating new features allowing people to sell their homes? Mortgage rates went up a little this week with 30-year rates now at 3.26% and 15-year rates at 2.73%. 77% of potential homeowners place to sell one the stay-at-home orders are
Today’s News Synopsis: Mortgage applications increased 0.1% from last week, showing a recovery in homebuying amidst lower mortgage rates. One company that has started homebuying again using the ibuying platform is Offerpad. Residential construction could see more drones being utilized. In The News: Realtor.com – “Home-Buying FAQ: Your Top Questions About Purchasing Property During
People Are Wanting To Buy Again Read More »
Today’s News Synopsis: When will we hit the bottom of the market? Realtor.com lists the 10 cities where listings dropped the most. One place that looks to be at a “turning point” is Silicon Valley, where construction is picking up again. In The News: Yahoo Finance – “The housing market ‘bottom is pretty much now’:
Zillow Says, Pretty Much Now Read More »
Today’s News Synopsis: Where’s the best place to put your money if you are saving up for a down payment. Zillow expects home prices to rebound next year following a dip this year. ATTOM Data Solutions gives us the top 10 metros that saw the greatest gains in the home seller prices. In The News:
You Can Still Save for a Down Payment On Your Mortgage Read More »
NOTE: This show was recorded prior to the pandemic, and it’s not known how much if anything here has changed. Stay tuned for any new updates on ADUs. Aaron Norris is joined this week by Brent Johnson. He is a residential accredited appraiser, mortgage valuation for CIT Bank. The bank serves several different markets in
Accessory Dwelling Unit Appraisals With Brent Johnson #693 Read More »
