Daily Archives: February 23, 2017

Existing Home Sales Unfazed By Rising Rates, Shockingly Low Home Inventory

Home sales clocked in at post-downturn bests in January, according to the National Association of REALTORS®. Not since the housing boom of the late-2000s have sales been this strong.   Here are the details from the Mortgage Report     … Continue reading

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It’s Official: Home Buying Is Popular Again

March 2015. That’s the last month in which there were more refinancing applicants in the market than home buyers. Homes are still a good value. Deals can still be found from home builders and home sellers alike. And, current mortgage … Continue reading

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Great Content for your Customers: Home Values Are Now 7% Above 2007 Peak

U.S. home values have continued to rise, pushing home prices to new, all-time highs, non-adjusted for inflation. The Home Price Index, which is published by the Federal Housing Finance Agency (FHFA), shows U.S. property values up another 0.4 percent in … Continue reading

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Sales of mega-mansions geared toward Chinese buyers slump in the San Gabriel Valley submarket in Los Angeles

Mansions geared towards Chinese buyers — some featuring crystal chandeliers, marble floors and no fewer than eight bedrooms — were at one point selling like hot cakes in the San Gabriel Valley. But more recently, as Chinese investors face stricter … Continue reading

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January 2017 Market Report: The Rest Ove

January 2017 Market Report: The Rest Overtake the West – U.S. home values rose 7.2 percent over the past year to a Zillow Home Value Index (ZHVI) of $195,300 in January, just 1 percent shy of peak value hit in … Continue reading

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December Home Sales Forecast: Will Buyer

December Home Sales Forecast: Will Buyer Resilience Continue? http://ow.ly/QBsT508SCde

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Rapid Reaction: November New Home Sales

Rapid Reaction: November New Home Sales – November new home sales rose 5.2 percent from October and 16.5 percent from a year ago, to 592,000 units (SAAR) — the second-highest level reached in 2016, according to the U.S. Census Bureau. … Continue reading

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U.S. Conforming Loan Limits Upped for Fi

U.S. Conforming Loan Limits Upped for First Time Since 2006 – For most U.S. counties (2,912 of 3,146 counties nationwide), the conforming loan limit is set to rise from $417,000 to $424,100 in 2017. The conforming loan limit is higher … Continue reading

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Key Takeaways from the July New Home Sal

Key Takeaways from the July New Home Sales Report – July new home sales rose 12.4 percent from June to 654,000 units (SAAR), according to the Census Bureau, the largest month-over-month increase in more than two years. New home sales … Continue reading

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Key Takeaways from the May New Home Sale

Key Takeaways from the May New Home Sales Report – May new home sales fell 6 percent from April to 551,000 units (SAAR), according to the Census Bureau. April home sales were revised downward from 619,000 units to 586,000 units … Continue reading

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