Buying Before the Spring Market Hits

Buyers may want to pull trigger before competitive spring market hits Despite a healthier economy supporting wage and income growth, the narrative that homebuyers are struggling to afford homes for sale hasn’t changed much. House values are still on the rise, meaning shoppers are struggling with how much house they can afford. Although signs point […]

Ellie Mae Experience 2019

Stop by and see us at the Ellie Mae Experience 2019 in San Francisco. We will be playing Plinko For Charity at Booth 111 on March 17th, 18th, and 19th! You’re the next contestant!! Come play Plinko For Charity!

“It’s a Homebuyer’s Market,” Says Economist

According to new numbers from Redfin, the housing market kicked off 2019 with buyers in a much better position than a year ago. With the exception of the West Coast, home-sale prices increased 2.9 percent, with a median of $285,900 across the U.S. metros,  compared to January 2018.  “December was a rough month for home sales, […]

Potential Future Recession?

Economists: There’s now a 25% chance of a recession in the next year Reuters poll shows growing concern over a future recession There’s a 25% chance of a recession in the next 12 months, according to a new Reuters poll of economists. The median probability of a recession in the next year rose to 25% from 20% […]

Hard vs. Soft Credit Inquiries: What’s the Difference?

There’s a common misconception that any credit check lowers your credit score and hurts your ability to get approved for loans and new lines of credit, but this is only sometimes true. There are actually two different types of credit checks — hard and soft inquiries, and they depend on what the information is being […]

Bye, Bye, Bidding Wars

Bidding wars on homes in some of the hottest markets in the country have almost stopped, according to a Redfin report that looked at the offers written by its agents on behalf of their homebuying customers in January. The report indicated that only 13 percent of these offers faced a bidding war, marking a steep decline from 53 percent […]

Best and Worst Cities for Buying on a Budget

Best, worst cities for first-time homebuyers on a budget Despite early reports suggesting that home buying will be difficult in 2019 with rising rates and prices – new numbers last month revealed things are actually looking up. Late February, the National Association of Realtors reported that pending U.S. homes sales have increased by 4.6 percent in January, […]

Serious Delinquencies At A Low

Serious delinquencies not this low since before the bubble burst Mortgage loan performance remained strong in November as serious delinquencies fell to their lowest reported level since before the housing bubble burst, according to CoreLogic. Certain cities affected by natural disasters did see late payment spikes, but they’re expected to recover. The serious delinquency rate, […]

Homebuyers and What Influences Them

When it comes to choosing a metro area to call home, CoreLogic found that four-in-five buyers in 2018 wanted to buy within the metro area they currently reside in. In most cases, a  family who chooses to stay within their current metro cites statistics on school districts, crime, and commute times as the reasons that most […]

Ellie Mae To Be Acquired By Thoma Bravo

Ellie Mae to be acquired by Thoma Bravo for $3.7 billion Deal expected to close later in 2019 Ellie Mae announced Tuesday it entered into an agreement to be acquired by Thoma Bravo, a private equity investment firm. The deal is an all-cash transaction of $3.7 billion. Ellie Mae announced that under the terms of the agreement, […]

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