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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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Homes Millbrae Pages
Category Archives: Real Estate News
Home builders boost prices amid rising rates
Mortgage rates jumped over a full percentage point from May through June of this year, robbing home buyers of much-needed purchasing power. While they have now settled back a bit, they are far from the record lows of the past … Continue reading
Posted in Real Estate News
Tagged Bob Walters, Bottom Line, Chief Economist, Garbage, Home Affordability, Home Builders, homes millbrae, Loans, Mark Hanson, Mortgage Rates, New Home Buyers, Percentage Point, Prospects, Purchasing Power, Rates Mortgage, Record Lows, S Sales, Sales Numbers, Skeptics, Urgency, Victory Lap
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Investors are moving out of housing. Here’s why
First-time homebuyers could say the same. Usually about 40 to 45 percent of the market, they made up just 29 percent of buyers in June, according to the National Association of Realtors. A lack of supply has made the market … Continue reading
Housing recovery rides rate roller coaster
“Last week mortgage rates retreated from a 23-month high as the Fed sought to reassure markets that the wind-down of the stimulus program would be gradual, and contingent upon strong improvement in economic fundamentals,” said Erin Lantz, director of Zillow … Continue reading
Posted in Real Estate News
Tagged Economic Fundamentals, Economic Recovery, Economy, First Time Home, First Time Home Buyers, Girard, Home Buyer, Home Purchases, homes millbrae, Lantz, Market Participants, Mortgage Marketplace, Mortgage Rates, Pace, Percentage Point, Place Applications, Purchasing Power, Rbs, Roller Coaster, Stimulus, Time Home Buyers
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Corelogic: There is no housing bubble
Rising mortgage rates will help to temper the possibility of a bubble as well, but they will not cut into demand dramatically, as some have predicted, according to Fleming. “Buyers buy based upon payment, and those payments are still highly … Continue reading
Posted in Real Estate News
Tagged Adjustable Rate Mortgages, Affordability Index, Basis Point, Correlation, Fannie Mae, Fleming, homes millbrae, Housing Bubble, Incomes, Interest Rates, Map, Market Share, Mortgage Rates, Purchase Volume, Purchasing Power, Rapid Rise, Real Estate, Swing, Temper
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Why the value of your home may go up
“It’s about energy efficiency, it’s about savings, it’s about increasing the borrowing power for the borrower. I think it’s a win-win for the industry,” said Sen. Johnny Isakson, a co-sponsor of the bill. The bill instructs lenders with loans backed … Continue reading
Posted in Real Estate News
Tagged Borrowers, Borrowing Power, Darnestown Md, Energy Cost, Energy Efficiency, Energy Efficient Products, Energy Savings, Fannie Mae, Federal Housing Administration, Freddie Mac, Green Technology, Home Depot, homes millbrae, Initial Investment, Insulation Manufacturers, Johnny Isakson, Lyons, Mortgage Amounts, Mortgage Payment, Optimism, Resale Purposes
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