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Are Rich People Evil? (Survey SAYS!) | Harris US Tour Day...

Are Rich People Evil? (Survey SAYS!) | Harris US Tour Day 23. Live from Napa Valley, California, Tim and Julie help you examine your beliefs...

Where is Homeownership Going?

Urban Institute looks at future of homeownership in US. Correlation between household formation (headship rate) and homeownership. Homeownership Trajectory According to the Urban Institute, all real...

Has the Market Peaked?

Sales pace and prices at highest ever in June, according to Redfin. Seasonally adjust sales fell -1.2% between May and June. New Phase in Housing...

Just Announced! New Options for Mortgage Borrowers

Borrowers with home loans backed by federal government may extend length of mortgages to lock in lower monthly payments. According to Urban Institute, 75%...

Prime (Luxury) Housing Price Growth Forecast

Average prime (luxury) prices  worldwide expected to increase +4% in 2021. Sydney Australia luxury prices expected to increase +10% in 2021. Prime Residential Price Forecast...

Housing Starts Up While Completions Down

Housing starts up +6.3% in June. Supply issues stopping future builds from starting. Single-Family Housing Starts Hit Third-Highest Number of Starts Since May 2006 Housing starts...

Mortgage Levels Sink to Lowest Level Since Pre-Pandemic

Mortgage applications down -1.8% last week even as mortgage rates slipped. Both purchase and refinance applications took hits. Mortgage Demand Down Again Clearly, low inventory and...

Housing Market Finding Its Balance

Lopsided market beginning to come into balance. New listings beginning to rise. US Housing Market Slowly Coming into Balance In a new report by Redfin, new...

Will Broker/Agent Commissions Jump This Year?

More expensive deals mean bigger commissions for brokers/agents. Commission revenue expected to jump in 2021. Broker/Agent Revenue Rising with Home Prices The higher home prices climb,...

Three Cities Most At-Risk of Foreclosure

New report found that 14.7% of 7.6M FHA mortgages were delinquent in May. Additional 10.5% of those loans delinquent by more than 90 days...

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