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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
Housing starts stall, optimism doesn’t
Despite an unexpected and substantial fall in new home construction in June, industry analysts appear undeterred in their veritable housing euphoria. “This reflects a characteristically volatile multi-family sector rather than renewed weakness, and we expect homebuilding volumes to rise further … Continue reading
Posted in Real Estate News
Tagged 911, Apartment Construction, Commerce Department, Completions, Construction Activity, Diggle, Economics, Euphoria, Family Sector, Global Insight, Homebuilding, homes millbrae, Industry Analysts, Map, New Home Construction, Newport, Optimism, Real Estate, Residential Construction, S Commerce, Single Family
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Home builder confidence soars despite rising rates
“Today’s report is particularly encouraging in that it shows improvement in builder confidence across every region as well as solid gains in current sales conditions, traffic of prospective buyers and sales expectations for the next six months,” noted NAHB Chairman … Continue reading
Posted in Real Estate News
Tagged Building Material, Chief Economist, Confidence Soars, Current Sales, David Crowe, Finance System, Five Points, Home Builder, Homes For Sale, homes millbrae, Housing Starts, Infrastructure, Judson, Material Costs, Momentum, Mortgage Interest Deduction, Nahb, Prospective Buyers, Seven Points, Single Family, Six Months
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Home price gains not enough for a ‘bubble’ say economists
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, Case Analysis, Correlation, Economists, Fannie Mae, Fleming, homes millbrae, Incomes, Interest Rates, Map, Market Share, Mortgage Rates, Purchase Volume, Purchasing Power, Rapid Rise, Real Estate, Swing, Temper
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Housing Sentiment sours as mortgage rates rise
“Prices have to be lowered, more cash must be put into the transaction in the form of a down payment or to buy down the interest rate in order to qualify for the same house price,” said Hanson. “Buyers must … Continue reading
Posted in Real Estate News
Tagged 11 Years, Adjustable Rate Loan, Affordability, Borrowers, Denials, Fannie Freddie, Fha, First Three Months, Hangover, Home Builder, Home Builders, Home Buyer, homes millbrae, House Price, Mortgage Delinquencies, Mortgage Rates Rise, New Construction, Nine Months, Processing Services, Sign Contracts, Tax Credit
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