307 articles

30 Second Market Update

Bidding Wars Continue at an All-Time High

As Presidents Day Weekend marks the unofficial start of the spring housing season, home buyers continue to find themselves in situations whe…

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Mortgage Application Data Breakdown

The Mortgage Bankers Association (MBA) released their national mortgage application data for the week of January 17th, and the report showed…

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Home Sales Expected to Surge to Record Numbers in 2021

Zillow is now forecasting a 21.9% growth in sales, for a total of 6.82 million homes sold in 2021.  This would mark the biggest annual sales…

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New Construction Comes in Hot

The US Census released residential construction data last week, and it showed that housing starts or the breaking of ground for new construc…

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Refinance Demand Stays Strong

Mortgage rates in 2020 experienced record low after record low throughout the year.  The early weeks of 2021, however, have seen rates begin…

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Housing Demand Continues to Drive Pricing

CoreLogic released their Home Price Index last week, and it showed that home prices across the nation increased in price by 1.1% in the mont…

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Covid and It’s Impact on The Industry

COVID-19 has obviously had a major impact on businesses and industries all over the world.  This impact will also shape how these very same…

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Zillow Reports Large Online Spike in Viewer Traffic

Due to Covid-19, there are obvious challenges to both people looking to sell and buy homes. In normal times, sellers would be looking to tak…

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Conventional Loans with ONLY 3% Down

As an alternative to Federal Housing Authority’s (FHA) 3.5% down payment minimum requirement program, Fannie Mae and Freddie Mac have their…

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Fannie Mae/Freddie Mac/HUD/VA Provide Alternatives to Traditional Appraisals

Due to the outbreak of the coronavirus, the Federal Housing Finance Agency (FHFA) instructed both Fannie Mae and Freddie Mac to create alter…

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The Spring Market is Here!

New home sales, which consist of newly-constructed homes, surged 7.9% on a monthly basis in January.  The seasonally-adjusted annual rate of…

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Purchasing a Home Despite Student Loan Debt

Recently, student loan debt has been a major hurdle for prospective homeowners.  Today, more than two-thirds of college graduates have stude…

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