Fannie Mae: Housing Market Headwinds are Temporary

Fannie Mae: Housing Market Headwinds are Temporary The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to be a temporary headwind as a stimulative fiscal policy is expected to boost the economy in 2018. The report comes … Continue reading Fannie Mae: Housing Market Headwinds are Temporary

Sales of new homes unexpectedly jump to a 10-year high

Sales of new homes unexpectedly jump to a 10-year high Sales of new U.S. single-family homes unexpectedly rose in September, hitting their highest level in nearly 10 years, offering hope that the housing market was regaining speed after appearing to stall in recent months. The Commerce Department said on Wednesday new home sales surged 18.9 … Continue reading Sales of new homes unexpectedly jump to a 10-year high

Home Prices Rising, Too Much in Some Areas

  Home Prices Rising, Too Much in Some Areas CoreLogic’s February 2017 Home Price Index Report (HPI) reported gains both year-over-year and month-over-month. Home prices including distressed sales rose one percent month-over-month, and seven percent year-over-year. For March, CoreLogic predicts a 0.4 percent increase in home prices, and a 4.7 percent year-over-year increase. February was … Continue reading Home Prices Rising, Too Much in Some Areas

Bruce Norris Is Forecasting “Surprise Endings” For CA Real Estate

<style type="text/css">.wpb_animate_when_almost_visible { opacity: 1; }</style> Renowned Inland Empire Real Estate Expert Bruce Norris Is Forecasting “Surprise Endings” For California Real Estate   Get Your TicketRiverside, CA – Bruce Norris, President of The Norris Group, one of the leading hard money lenders in California, has earned a solid track record of long-term California real estate … Continue reading Bruce Norris Is Forecasting “Surprise Endings” For CA Real Estate

Voting today -Make your voice heard

Polls open today and are open until 8pm tonight Check out this link with all the CA propositions explained plainly (because we know that big booklet can be a bit confusing and dry) Another link to check them out - this one is a little more fun If you are still unsure of your polling … Continue reading Voting today -Make your voice heard

Existing home sales hit 9-year high in June

Existing home sales hit 9-year high in June USA TODAY Bolstered by first-time home buyers, existing-home sales rose for the fourth straight month in June, reaching a nine-year high, Sales of existing single-family homes, townhomes, condominiums and co-ops increased 1.1% to a seasonally adjusted annual rate of 5.57 million, up from May’s downwardly revised 5.51 million, the … Continue reading Existing home sales hit 9-year high in June

HOUSING: Inland prices up another 6 percent

HOUSING: Inland prices up another 6 percent The increase mirrors a national trend, but in this area, affordability is an issue Inland housing prices in May rose by 6 percent over a year earlier – a plus for sellers but another signal that homes in the area are more expensive than average earners can afford. … Continue reading HOUSING: Inland prices up another 6 percent

Top 10 States Where Incomes are Booming

Top 10 States Where Incomes Are Booming 05/06/2016 05:06 pm ET Evan Comen, Thomas C. Frohlich, Samuel Stebbins and Michael B. Sauter 24/7 Wall St. Holly Wilmeth via Getty Images http://www.huffingtonpost.com/_uac/2014adpage.html   This article was originally published on 24/7 Wall St.  The combined sum of all income received by all Americans was $12.2 trillion in … Continue reading Top 10 States Where Incomes are Booming

What’s ahead for the housing market in 2016

  2016 could be a great year for owners, not for renters. (Big Stock) By The Washington Post January 7 We all have a big financial stake in housing — as homeowners, renters, landlords and/or taxpayers. Let’s consider the major macroeconomic trends in 2016 that will significantly impact those stakes. ● Homeowners should enjoy another year of … Continue reading What’s ahead for the housing market in 2016

Index Finds that Nine Cities Report Faster Home Price Increase for April

From MReport 6/30/15 Home prices have continued to rise across the country in April 2015 and for the last 12 months at a moderate pace, according to the results from the S&P/Case-Shiller Home Price Indices released today.  The Case Shiller Index, which covers all nine U.S. census divisions, posted a 4.2 percent annual increase in … Continue reading Index Finds that Nine Cities Report Faster Home Price Increase for April