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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
Rising Home Prices Are ‘Unsustainable’—Realtors
Also weighing on home prices are rising mortgage rates. May’s existing home sales report from the Realtors represents closed sales, so contracts and interest rates would have been signed and locked in March or April, before rates began to rise. … Continue reading
Posted in Real Estate News
Tagged According To Mark, Banks, Cnbc, Contracts, Debt To Income Ratio, Diana Olick, Existing Home Sales, Existing Home Sales Report, Facebook, First Timer, homes millbrae, Insurance, Interest Rates, Investors, June 27, Mark Hanson, Mortgage Rates, Participation, Realtors, Steam, Time Homebuyer
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Mortgage Cop: Four Top Banks Fail Consumers
“The banks take this very seriously. They were not elated at having failures. I know they’ve spent a lot of money and a lot of time trying to correct their processes in a way that will serve the public better, … Continue reading
Posted in Real Estate News
Tagged Affidavits, Bank Of America, Borrowers, Consumer Complaint, Consumer Complaints, Crux, Eric T, Foreclosure, homes millbrae, Loan Modification, Mortgage Banks, Mortgage Professionals, National Mortgage, New York State, New York State Attorney General, Pact, Point Of Contact, Schneiderman, Single Point, State Attorney General, Wells Fargo
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Home Builders Slow New Construction, Raise Prices
(Read More: Home Builder Confidence Hits 7-Year High) “What are they so excited about?” asked Hunter. “That they have pricing power.” Housing completions fell 0.9 percent to an annualized rate of 690,000, well below demand. Underlying demand consists of new … Continue reading
Posted in Real Estate News
Tagged Analytics, Appleton, Association Of Realtors, California Association Of Realtors, California Home, Census Data, Chief Economist, Completions, Distressed Properties, Global Insight, Home Builder, Home Builders, homes millbrae, Housing Market, Inventories, Loan Products, Median Price, Median Sale Price, New Construction, Seven Months, Wide Gap
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Home Builder Confidence Soars
Home builders have been hampered recently, due to lack of labor, land and supplies. As demand finally comes back to the housing market, many builders have had trouble meeting it; others have slowed production intentionally to take advantage of rising … Continue reading
As Prices Rise, Banks Repossess More Homes
“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading