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Homes Millbrae Pages
Tag Archives: Housing Affordability
Housing’s Spring Bloom ‘Stuck’ Due to Short Supply
“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading
Posted in Real Estate News
Tagged 22 Percent, Cash Investors, Ceo, Distressed Properties, First Time Buyers, homes millbrae, Housing Affordability, Housing Shortage, Housing Starts, Inventories, Norm, Ramp, Realogy, Realtors, Richard Smith, Risk, Sidelines, Single Family, Spring Bloom, Student Debt, Supply Constraints
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Why Housing Affordability Is at Risk
The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Mortgage, Annual Incomes, Chief Economist, Home Builders, Home Loans, Home Values, Homebuyers, homes millbrae, Housing Affordability, Low Interest Rates, Mid Eighties, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Payment, Nineties, No Doubt, Paychecks, Stan Humphries, Student Debt, Year Fixed Mortgage, Zillow
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Bay Area housing market gets costlier in January
Housing got even costlier in the San Francisco Bay Area last month. For a 10th consecutive month, the median home price in the nine-county region rose year over year to hit $415,000, real estate firm DataQuick reported. That was a … Continue reading
Posted in SF Bay Area News
Tagged Banner Year, Condominiums, Decline, Foreclosures, Francisco Bay Area, homes millbrae, Housing Affordability, Housing Market, Investors, January Sales, Median Home Price, Real Estate Firm, Sales Pace, San Francisco Bay, San Francisco Bay Area, Six Years, Southland
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Pending Home Sales Surge to Five Year High
Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading
Posted in Real Estate News
Tagged Antidote, Association Of Realtors, Chief Economist, Consumer Confidence, Distressed Properties, Gauge, homes millbrae, Housing Affordability, Housing Market, Hurricane, Industry Index, Job Creation, Midwest, Momentum, Mortgage Interest Deduction, Nar, National Association Of Realtors, Obama, Quite Some Time, Steady Job, Steam
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