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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 Sales at Risk Due to Rising Mortgage Rates
Lengthy loan locks could cost buyers thousands of extra dollars, which on the lower end might not be affordable and could scuttle the deal. While some builders can complete a home in 100 days, labor constraints have been slowing construction … Continue reading
Posted in Real Estate News
Tagged Backlogs, Challenges, Cnbc, David Goldberg, Diana Olick, Drywall Finishers, Facebook, Foreclosures, Framers, Homes For Sale, homes millbrae, Labor Constraints, Locks, Mortgage Loan, Mortgage Rates, Painters, Record Gain, Skilled Labor, Such A Surge, Supply Constraints, Ubs
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Rising Mortgage Rates Cause ‘Rush to ARMs’
“Mortgage rates increased by the most in a single week since 2011, and refinance application volume dropped to its lowest level in almost two years. However, applications for conventional purchase loans picked up by more than 3 percent over the … Continue reading
Posted in Real Estate News
Tagged Application Volume, Banks, Buyer Demand, California Coast, Consumers, Cop, Depression, homes millbrae, Interest Rates, Job, Mba, Mortgage Applications, Mortgage Payment, Mortgage Rate, Mortgage Rates, Oceanside, Purchase Loans, Race Against Time, Rates Mortgage, Rental Apartment, Rush
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Depression Begone! Home Prices Set Record in April
(Read More: Home Builders Slow New Construction, Raise Prices) Concerns about rising mortgage rates, which spiked in to the mid-4 percent range in just the past week, have dampened expectations for home price gains this summer. Analysts also worry that … Continue reading
Posted in Real Estate News
Tagged April, Case Shiller, Chief Economist, Depression, Home Builders, homes millbrae, Housing Market, Housing Supply, Inventory Levels, Mortgage Interest Rates, Mortgage Rates, Moving Average, New Construction, Price Spikes, Signs, Stan Humphries, Worm, Zillow
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Million-Dollar Homes: Summertime Edition
Round One: Ocean Duplex First up is a beach cottage on Hilton Head Island, S.C., that is priced at $995,000. This nearly 2,000 square-foot house has four bedrooms and three bathrooms and sits on about 0.25 acres. The house has … Continue reading
Posted in Real Estate News
Tagged Beach House, Car Garage, Cathedral Ceilings, Duplex, Fly Fishing, Four Acres, Game Room, Garden Path, Hilton Head Island, homes millbrae, Jackson Hole, Jackson Hole Resort, Jackson Wyo, Jacuzzi, Living Space, National Forest, Ocean View, Rustic Retreat, Spacious Kitchen, Swimming Pool, Timber Frame
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Million-Dollar Homes: Summertime Edition Preview
Home prices continue to rise in the double digits compared to a year ago, but state to state, neighborhood to neighborhood, the story changes. In addition to location, price point is playing an even greater role in the sales picture. … Continue reading