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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
Pending Home Sales Fall in June Due to ‘Fewer Listings’
Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading
Posted in Real Estate News
Tagged Appraisal Issues, Association Of Realtors, Bank Owned Properties, Buyer Interest, Chief Economist, Distressed Properties, Distressed Sales, Existing Home Sales, First Time Buyers, homes millbrae, Housing Market, Housing Starts, Inventory Shortages, Investor Purchases, Mortgage Applications, Mortgage Market, Nar, National Association Of Realtors, Pending Home Sales Index, Previ, Steady Decline
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New Crop of Foreclosures Is Coming
While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure. Total foreclosure activity rose in the first half of this year from … Continue reading
Posted in Real Estate News
Tagged Backlog, Bank Owned Properties, Banking System, Brandon Moore, Declines, Delinquent Mortgages, Distressed Inventory, Dubious Distinction, Foreclosure Rates, Foreclosures, homes millbrae, Local Markets, Metro Area, Metropolitan Areas, Metros, Mortgage Payments, Prospective Buyers, Real Estate Brokers, Seattle Wa, Second Half, Welcome News
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Home Price Bottom or Bubble?
Home prices rose, just barely, in the second quarter of this year annually for the first time since 2007, according to online real estate firm Zillow. That prompted the popular site to call a “bottom” to home prices nationally. The … Continue reading
Posted in Real Estate News
Tagged Appraisal System, Cash Transactions, Chief Analyst, Chief Economist, Crash, Distinct Possibility, Forecast Data, Foreclosed Properties, Foreclosure, Four Months, Home Purchases, Home Values, homes millbrae, Lenders, Popik, Price Bubbles, Research Director, Second Quarter, Stan Humphries, Uptick, Zillow
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Is the 30 Year Fixed Headed to 3 Percent?
Mortgage interest rates hit a new record low last week, and they appear to be on the same trajectory this week. The yield on the ten-year Treasury note touched a new low Monday, 1.396 percent, before coming up slightly, and … Continue reading
Posted in Real Estate News
Tagged Abn Amro, Apex, Borrowers, Cnbc, Home Loans, homes millbrae, Liss, Loan Officer, Mortgage Bankers Association, Mortgage Interest Rates, Mortgage Lender, Mortgage Rates, New Construction, Percentage Point, Refi, Refinance Mortgage, Rockville Maryland, Spike, Trajectory, Treasuries, Year Treasury Note
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Why Drop in Foreclosures Is Bad for Housing Market
In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Cohorts, Delinquency Rate, Delinquent Mortgages, Distressed Properties, Economic Recovery, Existing Home Sales, First Time Home, First Time Home Buyer, First Timers, Foreclosed Homes, Foreclosures, Gain Equity, Home Loans, homes millbrae, Housing Market, Many Things, Mark Hanson, National Association Of Realtors, Premise, Time Home Buyer
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