Category Archives: Investors

Income, Inventory Increases Lift October Home Sales

Income growth and rising home inventory levels helped push house sales up in October compared to last year, marking the first major increase year-to-date, according to a report. Redfin reported a 2.2 percent increase in the number of homes sold in October compared to the same month last year, making it the first month to […]

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Freddie Mac: Mortgage Rates Stay Level

Author: Tory Barringer September 5, 2014 Mortgage interest rates stayed fairly level this week, settling in ahead of the Bureau of Labor Statistics August jobs report, which was released September 5. Freddie Mac released on September 4 the results of its latest Primary Mortgage Market Survey, showing the average 30-year fixed-rate mortgage (FRM) coming in at 4.10 percent (0.5 point) […]

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High Rents Prevent Potential Buyers From Owning Homes

The latest conundrum in the U.S. housing market is that while a large majority of the country’s top metro areas are more affordable than they’ve ever been, rental property prices are so high that renters in a large percent of those markets can’t afford to save up enough for a down payment to buy a […]

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Overall Economic Outlook Positive, But Housing Loses Momentum

A second quarter housing rebound combined with an upward movement in economic activity in the first quarter has seemingly given a boost to 2014 full-year economic expectations, according to the August 2014 Economic Outlook put together by Fannie Mae’s Economic and Strategic Research Group. The housing market lost momentum in this same time period, however, […]

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Economy Moving Closer to Norma

After half a year of failed predictions and slow starts, the U.S. economy actually appears to be closing in on normal, at least according to Freddie Mac. Freddie Mac’s latest Economic and Housing Market Outlook shows that the agency expects to see the U.S. housing market driven once again by fundamentals—jobs, household formations, and affordability—rather than economic upheaval. Freddie Mac […]

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In Union there is Strength – Dominic and Co Int’l Real Estate

Click HERE to see why YOU should use a Dominic and Co REALTOR for your Real Estate Needs

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Zillow Announces Acquisition of Trulia

   Combination of companies sets stage to offer more real estate tools and services that empower consumers and drive more business for real estate professionals. The Boards of Directors of both companies have approved the transaction, which is expected to close in 2015. The combined company will maintain both the Zillow and Trulia consumer brands, […]

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Could another Phoenix-area housing shortage be on the way?

The Phoenix area could soon see another shortage of homes for sale, like the one it endured from 2012 to 2013. According to a new report from the W. P. Carey School of Business at Arizona State University, very weak demand is masking the fact that relatively few homes are coming onto the market for […]

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Housing Confidence Up but there is Room to Grow

Consumers believe that their outlook is getting better. But they are not necessarily ready to participate in the housing market just yet. The June Housing Survey released by Fannie Mae shows that consumer sentiment toward the housing market is continuing to improve as the overall economic outlook improves but it still sits well below the […]

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Housing Reports to Watch

Monday, June 23rd, the National Association of Realtor published it’s existing-homes sales statistics for May, which rose 4.9%.  It was the biggest gain since 2011, and a back to back increase from April, when sales rose 1.5%.  The figure was good news, not only for the housing market, which looked stalled in march, but for […]

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