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Daily market update: July 5, 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 […]

Home prices moving in one direction: Up

As many an economy and market has shown, uninhibited growth has to be stopped at some point — nothing keeps getting bigger and bigger without eventually reaching a stopping (or bursting) point. So there might be some buyers out there who are waiting, waiting, waiting for the rising home prices to stabilize (or even fall) […]

Why you should stop texting and turn to Snapchat and Siri

The documented risks associated with texting continue to increase. A new study from the Mayo Clinic provides startling new evidence that texting might be much riskier to your health than anyone realizes. I recently heard someone joke that the Snapchat generation is so lazy that they don’t even bother to text. Those making fun of […]

How will the 2016 election affect the housing market?

This is a question on everyone’s mind to some extent — but it’s especially pertinent for real estate agents and brokers. Here’s what I think. Matthew Gardner is the chief economist for Windermere Real Estate. Follow him on Twitter @SeattleEcon. Email Matthew Gardner Source: click here

San Francisco in a week: June 27-July 1

Need news in a flash? Here’s what’s happening in your community Growth in homeownership is coming on strong from Hispanic homebuyers, according to a new report, with three states in particular seeing the highest increases: California, Texas and Florida. Lack of inventory (both affordable and overall) remains an issue for California homebuyers, and price continues to climb in response, according […]

Chicago price gains lagging behind national average

The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]

What really makes a hot housing market?

The phrase “hot housing market” gets thrown around frequently, but a jump in sale price alone doesn’t necessarily indicate a lively market, according to Pro Teck Services’ May Home Value Forecast report. Determining a truly hot housing market takes deeper evaluation, such as sold price percent change, list-to-sale price ratio and percentage of foreclosure sales, among […]

The week in industry hires and promotions: June 27-July 1, 2016

Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires June 28 Sandra Eaton The Mark Company, a San Francisco-based urban residential development sales and marketing firm, announced that Sandra Eaton is the new vice president of sales, and that Matt Dietsch has been promoted to senior […]

Real estate market recap, June 27-July 1, 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 […]

New York in a week: June 27-July 1

Need news in a flash? Here’s what’s happening in your community CoreLogic reported the highest rates of foreclosure by state, with New Jersey leading the pack, followed by New York, which reported 3.2 percent rate of foreclosure. OneTitle National Guaranty Company, Inc. released a report finding that homebuyers and investors in New York paid an estimated $155.3 […]

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