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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Category Archives: Real Estate News
Some big investors take breather in rental market
Home prices are up over 12 percent from a year ago, according to CoreLogic, but still down 18 percent from their peak in 2006. Investors certainly played a role in putting a floor on home prices and then pushing them … Continue reading
Apartment demand keeps climbing
(Read more: Shutdown freezes housing’s ‘pipeline’) As a result, construction is surging ahead, with 34,834 units completed during the quarter, the highest level in four years and up from 21,237 a year ago. This large surge in new apartment product … Continue reading
For housing, shutdown is ‘freeze of the pipeline’
At the Federal Housing Administration, which represents about 15 percent of the mortgage market, the lights will still be on, but the staff will be reduced. “The Office of Single Family Housing will endorse new loans under current multi-year appropriation … Continue reading
Mortgage bailout not over, FHA to draw $1.7 billion
The negatives, however, are that the FHA is making far fewer loans today due to tighter underwriting and higher fees. That means it is making less money, even though its newer loans are performing extremely well. The estimates for the … Continue reading
Posted in Real Estate News
Tagged Appropriation, Borrowers, Cnbc, Crash, Diana Olick, Estimates, Financial Services Committee, homes millbrae, House Financial Services Committee, Housing Market, Insurance, Insurance Fund, Jeb Hensarling, Largest Subprime Lender, Losses, Mortgage Bailout, Mortgage Fha, Mortgage Market, Payment Loans, Reverse Mortgages, Senior Citizens
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‘Last hurrah?’ Pending home sales fall in August
“Sharply rising mortgage interest rates in the spring motivated buyers to make purchase decisions, culminating in a 6½-year peak for sales that were finalized last month,” said Lawrence Yun, chief economist for the Realtors. “Moving forward, we expect lower levels … Continue reading
Posted in Real Estate News
Tagged Ahead, Case Shiller, Chief Economist, Existing Home Sales, First Time Home, First Time Home Buyers, homes millbrae, Housing Market, Last Hurrah, Mortgage Interest Rates, Mortgage Rates, New Homes, Purchase Decisions, Realtors, Tight, Time Home Buyers
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