Real Estate News Matters

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2019 

Case-Shiller Home Price Indices reported the slowest rate of U.S. home price growth since November 2014. According to the 20-City Home Price Index, Home prices grew by 4.20 percent year-over-year and were 0.20 percent higher in December as compared to November. The 20-City Home Price Index fell s...
02/27/2019
02/26/2019
Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let's take a look at how to run a quick financial health check to ensure you are ready to apply f...
02/26/2019
Last week's economic news included readings on homebuilder confidence in housing market conditions, minutes of January's Federal Open Market Committee meeting, and existing home sales reported by the National Association of Realtors®. Weekly readings on mortgage rates and new jobless claims were ...
02/25/2019
After raising the target range for the federal funds rate in 2018, the Fed's Federal Open Market Committee did not raise the Central Bank's key interest rate at its meeting of January 29 and 30. While Committee members did not raise the Fed's key rate, members were divided on the interest rate de...
02/25/2019
Last week's economic reports included readings on the Consumer Price Index, Core CPI, Retail Sales and Retail Sales excluding autos. The University of Michigan also released its Consumer Sentiment Index. Weekly readings for mortgage rates and first-time jobless claims were also released.Retail Sa...
02/19/2019
Bridge loans, which are also commonly referred to as interim financing, gap financing or swing loans, help a motivated home buyer to secure financing before their home or investment property sells. Lenders can usually modify these flexible loans to accommodate a person's unique needs.Current real...
02/12/2019
Last week's economic news included Federal Reserve Chair Jerome Powell and weekly readings on mortgage rates and new jobless claims.Fed Faced with Public Mistrust of InstitutionsFederal Reserve Chair Jerome Powel said in a speech to a group of teachers that the Federal Reserve is paddling against...
02/11/2019
If you're looking to get a non-traditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it's important to understand the differences between them and how each one might affect your buying ex...
02/05/2019
Last week's economic reports included readings new and pending home sales, Case-Shiller housing market indices and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released.New Home Sales Rise as Pending Home Sales FallSales of new homes rose 17 percent...
02/04/2019
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Bob Elliot

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Real Estate Matters! Local and national market news, trends and updates.