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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
Tag Archives: Cnbc
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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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
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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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
Rising Rates Scare Borrowers Into Action
Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading
Posted in Real Estate News
Tagged 100 Basis Points, Borrowers, Cnbc, Corelogic, Diana Olick, Double Edged Sword, Equity Position, Facebook, Fannie Freddie, Fannie Mae, Fannie Mae And Freddie Mac, First Three Months, Freddie Mac, homes millbrae, Housing Finance Agency, Interest Rate Environment, Jumbo Mortgages, Mortgage Finance, Purchasing Power, Refinances, Tight Supplies
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