Monthly Archives: August 2017

So Cal Home Prices Surge in July – Short Supply

Southern California home prices surge in July amid shortage of supply By Andrew Khouri August 29 Southern California home prices surged in July, as the already white-hot housing market saw heavy demand amid a persistent housing shortage.

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Foreclosed Buyers Poised to Return to the Home Buying Market

Are Millions Of Boomerang Buyers About To Ignite The Real Estate Market? By JAYMI NACIRI August 23 Remember all those people who defaulted on their homes during the last housing crisis? Well, those bankruptcies are about to be discharged, or … Continue reading

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34% of Americans own 100% equity in their homes

American homeowners are making headway on mortgage debt, report finds By Kenneth R. Harney August 23 Americans readily gossip about home values – “Did you hear the crazy high price the house down the street sold for?” “Did you hear … Continue reading

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Mortgage Rates Drop Again

Mortgage Rates Drop Again MCLEAN, VA–(Marketwired – Aug 17, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate continuing to move lower.

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Second Quarter Home Prices Eclipse 2016

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High WASHINGTON (August 16, 2017) – The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their … Continue reading

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Mortgage Rates Inch Lower

Mortgage Rates Inch Lower MCLEAN, VA–(Marketwired – Aug 10, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate dropping to its lowest point in six weeks.

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Should You Invest In Real Estate?

Should You Invest In Rental Real Estate? By Erik Carter August 9 Are you considering investing directly in rental real estate? With many people increasingly concerned about both stock and bond market valuations, you’re not alone. First, let’s take a … Continue reading

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Fannie & Freddie stick with FICO formula

Fannie and Freddie will stick with FICO formula for at least two more years By Kenneth R. Harney August 9 If you’ve been waiting for the long-anticipated news that the two dominant players in the home-mortgage arena – Fannie Mae … Continue reading

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Mortgage Rates Hold Steady

Mortgage Rates Hold Steady MCLEAN, VA–(Marketwired – Aug 3, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates not deviating much from the previous week.

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Tax-Free Exchange

Tax Free Exchange: A Valuable Alternative To A Home Sale By BENNY L. KASS August 1 Congress is currently talking tax reform. Two very important real estate benefits are on the so-called “chopping block”, either to be completely eliminated or … Continue reading

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