News

News

20 January 2019

Housing Market at Never-Before-Seen Record Worth

RIS Media The housing market is at a new peak in the recovery, according to a recently released report by Zillow—but whether homeowners will leverage the value is uncertain. Cumulatively, $1.9 trillion was added to the housing market in the past year, bringing the market’s overall value to $33.3 trillion—a first, the report shows. Since 2012, the […]

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19 January 2019

6 Trending Colors for Your Next Bathroom Renovation

Sotheby’s International Realty   Dana Point, California An oft-overlooked space in the home, your bathroom deserves an inspired redesign to ring in the new year. If 2018 was about using bold color palettes to add an edge to your space, 2019 is about finding balance. Design experts alike are thinking ahead about how color can […]

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18 January 2019

Mortgage Rates Hold Steady

Freddie Mac Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that rates remained flat after dropping for six consecutive weeks. Sam Khater, Freddie Mac’s chief economist, says, “Weaker manufacturing data and a more dovish tone from the Federal Reserve left mortgage rates unchanged relative to last week. However, interest rate-sensitive sectors of […]

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17 January 2019

Gorgeous Home in 800 East has a New Price! ~ $869,000

Santa Fe Beautiful Homes This beautifully updated home in 800 East has fabulous views of the Sangre de Cristo Mountains has just been repriced! Please click here for more information, photos, and 3D virtual tour.

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17 January 2019

Newly Priced ~ Beautiful Residence and Guest House off Old Santa Fe Trail

Santa Fe Beautiful Homes This beautiful residence and guest house with wonderful panoramic views on 2.5 acres off Old Santa Fe Trail has just been newly priced at $989,000.  Please click here for more information, photos, and 3D virtual tour.

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17 January 2019

Delinquency Rates Drop to the Lowest Level in 18 Years

RIS Media Things are looking up for mortgage delinquency rates across the country, according to a recent report from property information and analytics provider CoreLogic. The company’s October Loan Performance Insights Report showed that only 4.1 percent of mortgages nationally were in some stage of delinquency, as defined by 30 days or more past due, including […]

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16 January 2019

U.S. Economic Outlook, January 2019: Refinance Share in 2019

CoreLogic ‘RATE-AND-TERM’ REFINANCE SUPPLANTED BY RISE IN ‘CASH-OUT’   Mortgage rates are expected to rise further this year to their highest level in a decade, affecting home buyer’s monthly payments and lessening the dollar increase in home-purchase lending. A larger effect will be on refinance:  Millions of homeowners had refinanced into low-rate mortgages over the […]

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14 January 2019

A Chillier December for Home Sellers

RIS Media The housing market is shifting temperatures—and in December, homeowners had less negotiating power when selling. According to data from December from realtor.com®, the biggest cities had higher inventory levels, as well as more price reductions—indicators the market is over-ripening for sellers. In the country’s largest markets, inventory rose 10 percent, allowing homebuyers more options; meanwhile, for […]

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14 January 2019

It’s Harder To Buy A Home Now Than It Was 1 Year Ago: NAR

Inman News The National Association of Realtors’ monthly affordability index has plunged 17% since November 2017. A typical U.S. family in November had significantly more difficulty purchasing an existing family home at the national median price than one year ago, according to the National Association of Realtors latest monthly affordability index, released Friday. The affordability index reached […]

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10 January 2019

Drop in Rates Leads to Jump in Mortgage Applications

Inman News Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing rates dropped significantly across the board. Sam Khater, Freddie Mac’s chief economist, says, “Mortgage rates fell to the lowest level in nine months, and in response, mortgage applications jumped more than 20 percent. Lower mortgage rates combined with continued income growth and […]

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