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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
Short Supply Pushes Home Prices to Seven Year High
“House price growth continues to surprise to the upside,” said Dr. Mark Fleming, chief economist for CoreLogic. “Increasing demand for new and existing homes, coupled with low inventory, has created a virtuous cycle for price gains, most clearly seen in … Continue reading
Posted in Real Estate News
Tagged Chief Economist, Dr Mark, Hawaii, homes millbrae, House Price, Map, Mark Fleming, Price Appreciation, Real Estate, Virtuous Cycle, Western States
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Reverse Mortgages Backfiring on Seniors
Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading
Posted in Real Estate News
Tagged Aarp, Advocates, Borrowers, Cnbc, Home Values, homes millbrae, Hud, Lenders, Mortgage Counselor, Mortgage Loans, Mortgage Rates, One People, Period Of Time, Prospective Borrower, Reverse Mortgage, Reverse Mortgages, Robert Bennett, Safeguards, Seniors, Transparency, Valuable Tool
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Reverse Mortgages Are Backfiring on Some Seniors
Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading
Posted in Real Estate News
Tagged Aarp, Advocates, Borrowers, Home Equity, Home Values, homes millbrae, Hud, Lenders, Mortgage Counselor, Mortgage Loans, Mortgage Rates, One People, Period Of Time, Prospective Borrower, Reverse Mortgage, Reverse Mortgages, Robert Bennett, Safeguards, Seniors, Transparency, Valuable Tool
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Rising Mortgage Rates, Home Prices a Lethal Brew
Still, rising rates could not come at a worse time for the housing recovery. Home prices rose over ten percent in March, according to the latest surveys from SP/Case-Shiller. Every one percentage point rise in mortgage rates reduces the average … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Mortgage, Association Of Realtors, Borrowers, Burbank Ca, Cnbc, David Fogg, Diana Olick, Facebook, First Time Home, First Time Home Buyers, Home Buyer, homes millbrae, Landlords, Maximum Purchase Price, Mortgage Rates, National Association Of Realtors, Norms, Percentage Point, Real Estate Agent, Time Home Buyers, Year Fixed Mortgage
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Home Prices See Largest Annual Gain in Six Years
Despite the strong gains, home prices are still down approximately 28-29 percent from their peaks in the summer of 2006 and are now back at levels not seen since late 2003. While prices continue to improve, there are still headwinds, … Continue reading
Posted in Real Estate News
Tagged Cnbc, Diana Olick, Economic Growth, Economy, Existing Home Sales, Facebook, Family Apartments, Gdp, High Grow, homes millbrae, Housing Starts, Mortgage Market, New Construction, New Home Construction, New Home Sales, Residential Construction, Single Family, Six Years
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