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ARCHIVED BLOG POSTS

2015 

#1. While it's true that homes close to a Starbucks cost more than the national average, it's also true that they appreciate faster than the average home. Rascoff and Humphries hypothesize that this might be the result of the great work of Starbucks' 20-person location analytics team, which pores...
01/12/2015
#1. While it's true that homes close to a Starbucks cost more than the national average, it's also true that they appreciate faster than the average home. Rascoff and Humphries hypothesize that this might be the result of the great work of Starbucks' 20-person location analytics team, which pores...
01/12/2015
Many investors are purchasing real estate all over the country without ever getting on an airplane to visit the property or the state. Some real estate investors are more focused on the potential numbers associated with the deal, so they rely on their data found on social media and the Internet. ...
01/11/2015
2014 was the best year for total job growth since 2000. The housing market now has a confluence of several important demand-boosting factors that should make 2015 a big year for growth in home sales. First, mortgage rates remain—at least for the time being—at near historic lows. The latest reprie...
01/10/2015
    President Obama is directing the Federal Housing Administration (FHA), by executive order, to reduce its mortgage insurance premiums by 50 basis points from 1.35% to 0.85%. The cuts will help more than 800,000 homeowners save up to $900 per year on their mortgage costs and could enable up to ...
01/09/2015
The Greater Las Vegas Association of Realtors reported Wednesday that the traditionally slow holiday season brought a slight uptick in local home prices. The median price among single-family homes in the Las Vegas Valley reached $204,000 in December, up 1 percent from $202,000 in November and 10....
01/08/2015
The Obama Administration is directing, via executive action, the Federal Housing Administration to reduce annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. “..tement says that the typical first-time homebuyer, this reduction will translate into a $900 reduction in their ...
01/07/2015
FHA has canceled the exception to using FHA financing to purchase a home that has been bought, repaired and placed back on the market all under 90 days.  In the past buyers could purchase these renovated homes from Private Investors using FHA and it's 3.5% down payment requirements, but due to th...
01/06/2015
With rents rising faster than incomes, many Millennials are expected to start looking to buy homes of their own. What they will find are much more favorable conditions than they have seen in years, including lower down payment mortgages, looser lending standards and a bigger selection of homes to...
01/06/2015
Beginning January 26, CU will perform an automated risk assessment of appraisals submitted to Fannie Mae through UCDP and will return a CU risk score, flags, and messages on the Fannie Mae Findings tab in UCDP, in the Submission Summary Report (SSR), and via direct integration. Lenders may use th...
01/06/2015
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