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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: Facebook
Big Banks Bet on Jumbo Mortgages Again
As home prices rise, though, the opportunity grows in the jumbo market. Sales of homes priced between $750,000 and $1 million were up 41 percent in April from a year ago, while sales of homes priced below $100,000 were down … Continue reading
Posted in Real Estate News
Tagged 1 Million, Affluent Buyers, Association Of Realtors, Bits And Pieces, Borrowers, Chase, Client Customers, Cnbc, Diana Olick, Downfall, Facebook, Fico Scores, homes millbrae, Housing Boom, Jumbo Market, Jumbo Mortgages, Loan Products, National Association Of Realtors, Private Client, Private Label Market, Reits
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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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Record High New Home Prices Have Room to Grow
Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading
Posted in Real Estate News
Tagged Affordability, Cnbc, Diana Olick, Facebook, Federal Reserve, Federal Reserve Chairman, Federal Reserve Chairman Ben Bernanke, Frenzy, Home Buyer, homes millbrae, Houses For Sale, Housing Boom, Interest Rates, Jane Fairweather, Labor Shortages, Mortgage Rates, Percentage Points, Phenomenon, Purchasing Power, Realtor, Waterstone Mortgage
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Homes Selling at Fastest Pace Since Boom
While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading
Posted in Real Estate News
Tagged 3 Years, Boom, Cnbc, Diana Olick, Distressed Properties, Facebook, First Time Home, First Time Home Buyers, Foreclosure, homes millbrae, Homes To Buy, Interest Rates, Mortgage Applications, Mortgage Rates, Nar, Pace, Price Gains, Processing Services, Realtors, Time Home Buyers, Wage Growth
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