News

New Forecast Predicts Slowing Housing Market for 2020

The start of the next decade will witness a slowdown in the national housing market, according to a forecast from Realtor.com. In making this forecast, Realtor.com predicted inventory shortages that could reach record lows, coupled with flattening sales prices in more than one-quarter of the largest metro areas and an increased number of baby boomers remaining in […]


2020’s Housing Market Will Look a lot Like 2019

It wasn’t what was expected this time last year, but much of the talk in housing this year has been about falling mortgage rates and their impact on the mortgage market.  Beyond that, there’s been a lot of talk this year about iBuyers and what they will do to the housing ecosystem in the future.  To get a feel […]


Millennial Refinances Hit New High in October

The share of refinances closed by Millennials increased in October to an all new high, according to the latest Ellie Mae Millennial Tracker report. The report showed 34% of all loans closed by Millennials, or those born between 1980 and 1995, were refinances. That’s up 1% from the previous month to the highest share since Ellie Mae […]


Renovate-to-Rent Fueling Sustained Demand at Foreclosure Auction

Slowing home price appreciation has eroded potential fix-and-flip profits over the past year, but demand at foreclosure auctions has remained strong as buyers shift to a renovate-to-rent strategy. “Last year we actually bought two properties on Auction.com. One we were able to fix and flip it, and one, due to the market, we held on to it […]


Homebuilding Growth Rates Lag in Millennial Areas

Most U.S. construction takes place in counties with millennial concentrations, but the rate that new homes are built in these regions is relatively slower than it is elsewhere. “The growth rate for these areas have been lagging the rest of the nation in recent quarters, suggesting a possible spatial mismatch between housing demand and housing […]


October Home Prices Up: CoreLogic

CoreLogic, Irvine, Calif., said home prices increased nationally by 3.5% year over year in October and by 0.5% month over month. The company’s monthly Home Price Index reported 35% of the nation’s top 100 metropolitan areas have an “overvalued” housing market as of October. Twenty-seven percent of the top 100 metropolitan areas were undervalued, while […]


San Diego Home Prices, Sales Up in October

San Diego County’s median home price was $573,500 in October, lifted by a big increase in sales. There were 3,485 home sales, up 10.1% compared to the same time last year, said CoreLogic data provided by DQNews. Experts have largely attributed the turn in the market to falling interest rates. The median price of $573,500 […]


10 Remodeling Projects that Add Home Value

Steel Entry Door According to Remodeling Magazine’s 2015 Cost vs. Value Report, there’s one remodeling project that actually returns at least 100% of your investment through added home value: adding a steel entry door like this one from Pella. Besides its aesthetic appeal, a new steel front door can improve your home’s security and energy efficiency as well. […]


U.S. Economy Unexpectedly Picks Up Speed

The U.S. economy grew at a 2.1% annualized pace in the third quarter, picking up speed from the second quarter’s 2% rate and surprising economists, who expected the Commerce Department’s second estimate to be unchanged at 1.9% on Wednesday. The upward revision was based on stronger readings for private inventory investment, nonresidential fixed investment, and personal consumption […]


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