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Daily market update: July 11, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio   Home equity rates: Average Home Equity Loan Bank Rates by State | Credio […]

Run a well-oiled office with Clareity Security’s Broker Dashboards

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Clareity Security’s back-end, white-label Broker Dashboards are a new brokerage management solution. Platform(s): Browser-based Ideal for: Large brokerages Top selling points Single sign-on to all in-house software tools Central source for broker-agent communications Number of prominent third-party partnerships […]

Short-term rentals no longer welcome in Anaheim

City by city throughout the nation, residents are standing up against short-term rentals. Although the trend isn’t necessarily new, the increase in popularity has led to some residents fighting to keep travelers out of their communities. Ordinances and regulations over the past year have been introduced in several vacation towns where travelers flood the area, even […]

San Francisco in a week: July 4-8

Need news in a flash? Here’s what’s happening in your community San Francisco rent growth is forecasted as the highest in the nation, according to Yardi Matrix’s May report, which says average rent will grow 10.5 percent by the end of 2016 — right above Sacramento’s 8.8 percent. Yardi Matrix Despite having some of the highest […]

Ultra-luxury housing market slows, but still moving

On the heels of Brexit, the ultra-luxury housing market is in question. Mega-mansions and lush estates in Los Angeles are prone to price cuts, according to a recent story in the Los Angeles Times, but the slowdown was somewhat expected this year even before Britian’s vote. The oil turn, global economics and rising home prices in the U.S. […]

Underwater mortgages decreased as equity rose in May

When the housing bubble popped in 2008, it was especially bad news for homeowners with mortgages — those who’d bought just before the slump found themselves paying off mortgages on homes that were suddenly worth less than the mortgage. That situation has been slowly rectifying itself. Black Knight Financial Services reported in its May 2016 Mortgage […]

Los Angeles in a week: July 4-8

Need news in a flash? Here’s what’s happening in your community Los Angeles has one of the highest rent growth rate forecasts for the end of the year, according to Yardi’s most recent report. L.A. rent growth will reach 7.1 percent by the end of 2016, Yardi Matrix says, putting the City of Angels in the sixth spot […]

Real estate market recap, July 5-8, 2016

Check Inman every day for the daily version of this market roundup. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan […]

The week in industry hires and promotions: July 5-8, 2016

Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires July 5 Michelle Mejia Argent Retail Advisors, a retail brokerage in Mission Viejo, California, hired Michelle Mejia as its new director of marketing and operations. In her new role, she will oversee and spearhead strategy for all of the […]

New York in a week: July 4-8

Need news in a flash? Here’s what’s happening in your community The S&P/Case-Shiller Home Price Indices showed New York City’s average home price to be $180,220 in April — 0.3 percent growth over March following the same growth from the month before. Since April 2015, average home prices have climbed 2.6 percent in NYC In just one year, […]

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