Jon Motsenbocker BRE #01950257's Blog Posts

Former home of music legend Cher hits the market in Beverly Hills

TAKE a look around a stunning Beverly Hills pad formerly owned by American pop singer Cher. It’s one of this week’s list of international dream homes to have hit the market …Real

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The $1 billion price cut: Luxury real estate gets slashed

The most expensive real-estate in America just became a little less expensive — with $1 billion in price cuts among America's top listings over the past few months, according to a CNBC.

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FIRST-TIME BUYERS HAVE BOUGHT 985K HOMES THIS YEAR

Home sales may be slowing overall, but not among first-time home buyers, according to a new report. Genworth Mortgage Insurance culled all publicly available government and proprietary mortgage

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10 YEARS AFTER THE FINANCIAL CRISIS, IS THE HOUSING MARKET STILL AT RISK?

The economy is booming. The stock market regularly hits new all-time highs. Unemployment is at record lows. Aside from a small recent downturn, the housing market is as hot as ever.In many ways, the

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SOUTHERN CALIFORNIA SUPPLY OF UNSOLD NEW HOMES AT 6-YEAR HIGH

According to data from MetroStudy, builders completed 3,336 homes for sale in Los Angeles, Orange, Riverside and San Bernardino in the second quarter. That’s up 19 percent in a year and the

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This may be the hottest neighborhood in the U.S.

Just south of San Francisco’s Mission District, perched atop a steep hillside, sits Bernal Heights. Traditionally home to artists and progressive-types, this little neighborhood once enjoyed

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Freddie Mac August Forecast: Housing Affordability Challenges Slowing Home Sales Growth

MCLEAN, Va., Aug. 27, 2018 (GLOBE NEWSWIRE) -- Ongoing supply and demand imbalances and weakening affordability conditions, particularly in markets out West, are expected to keep a lid on home sales

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Experts: Buyers’ Market in 2020

U.S. Will Become a Buyers Market in 2020, According to ExpertsDespite slowing home-value appreciation in some of the nation's hottest markets, an expert panel does not expect market conditions to

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Home Price Cuts Increase, but Still Not Buyer's Market

SANTA CLARA, Calif., Aug. 29, 2018 /PRNewswire/ -- Realtor.com® today announced the findings of its August housing trend report which revealed a surge in price cuts and the second

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Consumer Confidence Increases in August

The Conference Board Consumer Confidence Index® increased in August, following a modest increase in July. The Index now stands at 133.4 (1985=100), up from 127.9 in July. The Present

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Home Prices Gain Year Over Year in June

PRESS RELEASE LAS VEGAS LEADS PRICE GAINS IN JUNE ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, AUGUST 28, 2018 – S&P Dow Jones Indices today released the latest results for

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She wouldn't sell home to Trump fans -- now price is $100G lower

In March the woman placed her Sacramento-area home on the market for $625,000 with one stipulation: The buyer must not be a Trump supporter. She later took the home off the market for reasons that

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Southern California housing cools: Sales contracts dip 15%; selling time grows by 3 weeks

Another sign of a noteworthy slowdown in the Southern California housing market: Existing homes are taking three more weeks to sell vs. a year ago, by one industry metric.ReportsOnHousing tracks

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California lawmakers consider proposal to bring thousands of homes to BART stations

SACRAMENTO — In another attempt to ease the housing crisis gripping the Bay Area, a state proposal to turn some of BART’s vast parking lots into bustling developments with thousands of

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HUD: Facebook’s Ad Platform Is Discriminatory

The Department of Housing and Urban Development is accusing Facebook of violating the federal Fair Housing Act and allowing landlords and home sellers to use the social network’s

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Foreclosure Starts Increase in July

July the Third Consecutive Month with an Annual Increase in 15 Percent of Markets;Atlantic City, Peoria, Fayetteville, North Carolina Post Top Metro Foreclosure RatesIRVINE, Calif. – Aug. 21,

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Californians are rich with home equity after market surge. Are you? Here’s how to tell

Boosted by soaring home prices, California homeowners are now sitting on the richest vein of home equity in the nation, hundreds of thousands of dollars per home in most cases, an analysis shows

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WANT TO LIVE IN A CALIFORNIA CITY WHERE YOUR SALARY GOES FURTHER? MOVE TO SACRAMENTO, STUDY SAYS

Not only is Sacramento’s cost of living lower than in many other metropolitan areas in California, but its strong job market makes the region a top destination for people looking to move.A new

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HOME SEARCHES ARE STRETCHING ON LONGER

House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space, according to a new poll by the National Association of Home Builders.

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HERE’S WHY AMERICA’S HOUSES ARE GETTING OLDER

The median age of owner-occupied homes as of the most recent Census survey, in 2016, is 37. That’s up sharply from 31 in 2005, according to an analysis from the National Association of Home

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HOUSING TIPPING BACK TO A BUYER'S MARKET AS SELLERS CUT PRICES

After several years of rich home price gains, the market appears to have found a limit to what people can afford.Sellers are finally responding by lowering prices more often.Approximately 14 percent

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HOME REMODELING SURGES 30% IN 5 YEARS

Home remodeling continues to increase in frequency as more Baby Boomers are electing to age in place and even Gen Xers opt to improve their current homes rather than trading up to newer ones. 

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STUDY DETAILS WHAT CALIFORNIA COUNTIES HAVE HIGHEST CONCENTRATION OF HOMES AT RISK OF WILDFIRE

As wildfires continue to pose an increasing risk to residents of the state of California, some are beginning to worry: How vulnerable is my home?The answer varies significantly, of course,

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Mortgage Delinquency and Foreclosure Rates Lowest for May in 12 Years

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report. The

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These Bay Area cities are poised to break into the million-dollar home market

A quarter-century ago, it was the murder capital of the United States.Now East Palo Alto is about to become the Bay Area’s latest city of million-dollar homes, a turnabout wrought by the

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Rent control fuels costliest fight on California 2018 ballot

A Los Angeles-based health care nonprofit known for funding controversial ballot measures is waging an expensive battle with the real estate industry over rent control in California.The AIDS

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It just got $5,000 cheaper to buy a home in Sacramento County. Relief for shoppers?

Good news for Sacramento County home shoppers. The median sales price last month dropped by $5,000.In a sign the area’s housing market is softening, the county’s median price dropped to

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Fast-Paced Luxury Sales Raise Entry-Level Price Point

It’s a good time to be selling high-end real estate: The luxury market is posting a record number of sales, and 19 major areas also saw double-digit gains in July, according to realtor.com;&

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Fannie, Freddie Extend Mortgage Help to Wildfire Victims

Mortgage financing giants Fannie Mae and Freddie Mac announced that homeowners affected by the record-breaking wildfires across California may be eligible to stop making mortgage payments for up to

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Vegas Shooting Victims to Get Proceeds From Sale of Gunman’s Homes

Two homes for sale in Las Vegas formerly belonged to Stephen Paddock, the man who carried out the deadliest mass shooting in U.S. history. The homes are listed in Mesquite and Las Vegas,

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The Last Time The Housing Market Did This Was In 2007

Record low mortgage rates have caused an epic boom in housing prices in desirable West Coast housing markets, but the party is about to be over. Rising mortgage rates are a huge problem for

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Home affordability hits 10-year low in California. Same goes for Sacramento region

Housing affordability has hit a 10-year low throughout most of California, new data show, as three out of four state residents can no longer afford sky-high median homes prices. Buyers in the

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Big money pours into California’s rent-control initiative

Amid a tense battle over rent control in California, real-estate interests are writing big checks to defeat a November ballot measure that would give cities more power to regulate what landlords can

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Zillow Forced to Acquire Broker’s License in Arizona but Won’t Represent Clients

Zillow was recently forced to acquire a broker’s license in Arizona to continue operating Zillow Offers, their platform that facilitates direct homebuying and selling. This does not, however,

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Canary in the coal mine? Impac mortgage originations plummet in second quarter

Mortgage interest rates may have fallen ever so slightly in the last week, but on the whole, they’re on the way up and have been for quite some time.And the rising interest rate environment is

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Hot Home Trend: Furnishings With Curves

Furniture is getting curvier this year. Softer lines, curves, and rushing are trending in design. Rounded options are pushing out the sharp-edge designs. It can be a nod to the 1960’s and

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New Freddie Mac Program Aims to Cap Rent Hikes

Similar to the concept of rent control, Freddie Mac announced a new program to incentivize rental property owners to ease their continuous rent hikes. The mortgage giant is offering discounted

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4 signs you’re paying too much for that house

Just because some folks can afford to buy a home in today’s competitive market doesn’t mean they can afford to overpay.As housing prices climb, it’s even more important to make

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Housing Crash in Southern California is Early Warning Sign to Nation

It seems that the overly tight and competitive housing market is finally catching up to buyers in Southern California cities like Los Angeles, San Diego, and San Bernardino. Sales of new and

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Zillow Buys into the Mortgage Business

Since arriving on the real estate scene more than a decade ago as an online real estate database company, Zillow held true to that business model focusing mainly on scaling up their home database,

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Hike in Mortgage Rates Erases Affordability Relief

Borrowers got stuck with higher mortgage rates again this week. The 30-year fixed-rate mortgage climbed for the second consecutive week, averaging 4.6 percent. Mortgage rates are now at their fourth

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Would Your Neighborhood Score an ‘A’ or ‘F’?

Where are the best neighborhoods for buyers and investors? ATTOM Data Solutions ranked more than 10,000 neighborhood housing markets nationwide using the letter grades A through.

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Four of the top six cities with the most competitive housing markets are in California

Concerns are rising about the potential for a nationwide housing market crash, especially on the West Coast. At least for the moment, a new report suggests that market remains as hot as

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Sacramento’s economy is booming. But is a recession on the horizon?

 It’s only a matter of time. Job growth and housing prices will falter, unemployment rates will rise and the state budget will start bleeding red ink again. Sacramento will find

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FHFA Ends Effort on Credit Scoring Overhaul

The Federal Housing Finance Agency announced this week that it is suspending an initiative to update the credit score model used by government-sponsored enterprises Fannie Mae and Freddie Mac. That

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Migration Patterns Emerge as Buyers Cross State Lines

Many people are moving across state boundaries and migration patterns are growing fairly common in some areas. For example, those who leave California are most likely to move to Texas. In the past

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‘Fair’ vs. ‘Very Good’ Credit: The Impact on Mortgages

Consumers who make efforts to raise their credit scores from “fair” to “very good” may see big payoffs. LendingTree researchers analyzed loan request and average loan

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Has the Inventory Crunch Begun to Subside?

You are hereHome News and Commentary Daily News© brijith vijayan - iStock/Getty Images PlusHas the Inventory Crunch Begun to Subside?ShareFacebook Twitter LinkedIn July

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After the fire comes the bill: The rising cost of fighting California blazes

The state of California has spent $114.7 million so far fighting runaway blazes like the Ferguson and Carr fires, considerably below the high mark of $758 million last year and the $505 million of

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Soaring real estate values push Southern California property tax roll to $2.6 trillion

Southern California homeowners will see their property taxes rise at the maximum 2 percent for a second straight year, thanks to higher inflation rates and soaring real estate values, new assessment

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Half of All U.S. Homes Are More Valuable than Pre-Recession Peak

SEATTLE, July 26, 2018 /PRNewswire/ -- A decade after the U.S. housing market crashed, half of the country's homes have regained the value they lost during the recession, according to

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Housing Inventory Up In High-Priced Markets

SANTA CLARA, Calif., Aug. 1, 2018 /PRNewswire/ -- Realtor.com® today released its July 2018 monthly housing trend report, which revealed a quiet inventory

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Homeowners Stand to Save More Than Renters

Owners can often conserve more money once housing costs and living necessities are all covered. However, a new study shows those who rent can barely get by in some cities.PropertyShark and RentCafe

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eXp Realty President Vikki Bartholomae and COO Mary Frances Coleman Named 2018 Women of Influence by HousingWire Magazine

BELLINGHAM, Wash., Aug. 01, 2018 (GLOBE NEWSWIRE) -- eXp Realty (NASDAQ:EXPI), a subsidiary of eXp World Holdings and the largest residential real estate brokerage by geography in North America,

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How can a T. rex sell a house? A Mansfield real-estate agent found a way and it's a viral sensation

If you've seen Jurassic Park, you'll notice that dinosaurs are tearing up structures and wreaking havoc.But Mansfield real estate agent Casey Lewis has harnessed the power of a dinosaur. In a

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Shopoff Realty Investments 200 Acre Residential Project 'Desert Moon Estates' Receives City Approval

BUCKEYE, Ariz., July 31, 2018 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that

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Where do people get money to buy California homes these days? Often, from mom and dad

When Melanie Gerber started working as a mortgage loan officer in Riverside seven years ago, she didn't see many first-time buyers hitting up their parents for help.Now she sees it all the time."I

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Housing Bubbles Are More Common Than You Think

Did you know that Los Angeles home prices tanked roughly 20 percent from 1989 to 1996? Or that Toronto had an even worse crash during the same period? With the mortgage rates again marching higher

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Stevie Ray Vaughan's Childhood Home in Dallas For Sale

If you are a fan of Stevie Ray Vaughan, you could now own his childhood home. The home, located at 2557 Glenfield Avenue in the Dallas neighborhood of Oak Cliff is listed at $159,900 by real estate

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Beverly Hills Property Listed at $1 Billion Offers Stunning 360-Degree Views of Southern California

A 157-acre plot of land known as "The Mountain" is touted as the finest undeveloped plot of land in Los Angeles. It offers stunning 360-degree views of Southern California, including the distant

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Employers eager to hire are waiving requirements; will the housing market see a boost?

According to the Wall Street Journal, the percentage of jobs asking for a college degree fell from 32% to 30% in the first half of this year. Even more significant has been the drop in

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Home prices rising at least twice the rate of inflation

Home prices increased 6.4% in May, the same annual increase that was seen the month before, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all

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The State of the Nation’s Housing 2018

The U.S. housing market continues to be plagued by a lack of supply of homes for sale. Months of supply available for sale is a key measure of housing supply, and is at levels that are below where

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Homeowners Raise the Bar on ‘Poolscapes’

Offering all the amenities of a world-class resort and all the kick-off-your-shoes comforts of home, poolscapes are blending the lines between the indoors and the outdoors in a big, splashy way

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Here are the top 5 mortgage servicers

Despite recent technological advancements in the mortgage industry, servicers continue to fall behind in an already lagging industry.The latest survey from J.D. Power shows Americans are

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Politico: FHFA Director Mel Watt under investigation for alleged sexual misconduct

On Friday, news broke that Federal Housing Finance Agency Director Mel Watt is under investigation for alleged sexual misconduct.According to an article from Politico, Watt

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An Oceanfront Penthouse at the Grand Cayman Ritz-Carlton

Listing of the DayLocation: Georgetown, Grand Cayman Price: $10.5 millionThis luxurious beachfront apartment, on the top floor of the seven-story North Tower at the Ritz-Carlton

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The hottest housing market in the US is up 13% and now may be headed for a crash

Seattle-area real estate agent Jerry Martin said he first entered the business in 1977, which means he remembers the days of double-digit mortgage rates and multiple booms and busts. That includes

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Fed still expected to raise rates after criticism from Trump

Despite recent criticism of the rising interest rate environment, the Federal Reserve is still expected to raise rates twice more in 2018.Late last week, President Donald Trump criticized

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Ocwen reports 'higher-than-hoped' $30 million loss

Overall in 2017, the company reported a net loss of nearly $130 million, its fourth straight year of losses more than $100 million.After seeing five straight quarters of net losses, Ocwen

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Black, Hispanic homeownership rates fall in second quarter

The homeownership rate increased to 64.3% in the second quarter, up just slightly from 64.2% in the first quarter and from 63.7% in the second quarter of 2017, according to the latest

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Millennials Conquer the American Dream of Homeownership

It’s no secret that millennials have met their fair share of challenges on their path to homeownership. What are the key economic events impacting them and what does the future hold for this

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Surviving the Inventory Crunch

Shannon Brien, broker-manager at The Douglas Realty Group in Cary, N.C., says their clients are at the mercy of ultra-low housing inventory. Building permits were down 20 percent year over year in

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Single-Family Rentals Remain in Demand

Low inventories of rental homes as well as strong job growth are fueling increases in single-family rent prices, CoreLogic reported Tuesday.U.S. single-family rental prices rose 2.9 percent year-

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4 States Sue Federal Gov’t Over Property Tax Overhaul

New York, Connecticut, Maryland, and New Jersey lawmakers are suing the federal government over a tax reform bill that put a cap of $10,000 on certain state and local tax deductions, including

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3 Bathroom Trends Homeowners Might Want to Avoid

Bathroom makeovers can help enhance a property, but homeowners should be careful not to be too trendy or it may have the opposite effect. HouseLogic detailed several recent bathroom trends that

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Sky-High Home Prices Shatter Ceiling Again

Ongoing inventory shortages helped to push the median sale price for existing homes to another all-time high in June, the National Association of REALTORS® reports. The median price for all

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Breaking Down Home Maintenance: The Costs, Timelines

The cost to maintain a home is something financial experts recommend budgeting for early on, in preparation for choosing which house to buy. On average, homeowners spend 1 percent of their

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The Cost of Selling Without a Real Estate Agent

You’ve heard of buyer’s remorse; but without your market expertise and sales skills to back them up, sellers who choose to sell their home on their own just may experience “seller

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Housing finance reform’s gridlock problem: Affordable housing

The National Housing Conference has been defending the American Home since 1931 when Mary Kingsbury Simkhovitch, a New York City social worker and policy reformer, formed the first nonpartisan,

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Homes Sales Slow as Housing Supply Takes Surprise Turn in Q2 2018

The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes for sale in the second quarter

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What’s worse than assembling furniture? The current mortgage lending process

In the past, shoppers had to take separate trips to the butcher, baker, and market to find and gather the ingredients they would need to prepare a meal.Then, supermarkets were born, and this

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Surfer’s Paradise on England’s Coast Boasts Roof Garden, Solar Panels

A sun-filled, surfer’s paradise has hit the market on the white sandy beaches of England—and yes, you read that right.While competitive English surfers hit the pinnacle of their careers

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At Emirates Hills in Dubai, More is More

The mansion-filled enclave of Emirates Hills is home to an abundance of trophy homes that rival one another in splendor and luxury. The fronts of the houses are designed to give maximum curb appeal,

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Housing Is the Least Affordable in 10 Years — Here’s What’s to Blame

Stop us if you’ve heard this before: housing affordability is stretched — and getting worse.(If that doesn’t sound familiar, read more here, here, here, and .

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What Trump's Proposed Government Overhaul Means for Home Buyers

President Donald Trump's sweeping plan to shrink the government could have a very real impact on the housing market, particularly for lower- and middle-income buyers seeking mortgages. And it could

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China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

The chives growing in one crypto tycoon's California mansion carry a hidden message.Guo Hongcai, a beef salesman turned early bitcoin adopter from China's Shanxi province, is one of many freshly

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How To Become A Real Estate Investor With Just $5,000

Most people have considered some sort of real estate investment, but many feel they don’t have the capital to make a decent profit. While low capital certainly limits options, there are still

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More executive changes at Equifax: Former interim CEO to lead U.S. information business

It’s been a bit of a revolving door amongst senior management at Equifax ever since the massive data breach that exposed the personal information of nearly 148 million U.S.

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Senate Democrats unveil sweeping rent reform proposal

Increasing rent prices leave many American families struggling to afford housing, but Senate Democrats have introduced new legislation to help alleviate that stress.The Rent Relief Act, introduced

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Richard Branson wants people to stop making poor financial decisions

And his investment arm is putting some capital behind him in order to do so.Tech startup LoanSnap recently raised $8 million in Series A financing led by True Ventures with

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Many Owners Lack Sufficient Insurance to Cover Disasters

Many homeowners have limits on their home insurance policies that are too low to cover the full cost of repairing or rebuilding in case of a natural disaster—and the problem is particularly

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Home Shoppers Get ‘Extra Time to Find the Right Home’

Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers.Mixed economic data this week prompted mortgage rates to remain in mostly a

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Federal Court Says FHFA Structure Is Unconstitutional

A federal appeals court in Texas has ruled that the leadership structure of the Federal Housing Finance Agency—the caretakers of Fannie Mae and Freddie Mac—is unconstitutional. The U.S.

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Caliber Home Loans rolls out jumbo loans with 5% down and no mortgage insurance

Earlier this week, it was Verus Mortgage Capital, a correspondent investor that offers residential non-prime lending solutions, and Eave, a jumbo mortgage lender in Colorado, that;

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Builder Confidence Stays at Healthy Level in July

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index

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Housing Starts Fall 12.3 Percent as Tariffs Draw Increased Concern

Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development

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NAR Applauds Introduction of 21st Century Internet Act

NAR issued a statement commending Rep. Mike Coffman for his introduction of the 21st Century Internet Act. Rep. Coffman’s bill comes in response to the Federal Communications Commission&rsquo

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Do Elections Hinge on Mortgage Rates?

Changes in the availability of mortgage credit can impact voting patterns in presidential elections, according to a new paper by researchers Alexis Antoniades of Georgetown University and

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The Ideal Age for First-Timers to Buy

Apparently the magic number for first-time home buyers is 28. That’s the average age that most Americans think a person should be when they buy their own home, according to a new Bankrate.com

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Home Tours Are Happening Through Video Calls

The majority of home shoppers will want to see a place in person before they buy, but some house hunters are increasingly relying on video call tours—through Apple’s FaceTime, for&

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Loan Demand Dips as Housing Shortages Abound

Buyer demand may be high but tight inventory is keeping that demand from translating into sales. And with fewer choices of homes for sale, some buyers are retreating. Mortgage applications fell

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The Secret to Kitchen Envy: A Stylish Island

Home buyers love kitchen islands. It’s become a gathering spot for not just cooking but also eating, working, and socializing. As the island continues to gain stature in kitchens, homeowners

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15 Surprising Real Estate Trends Impacting 2018

This year has been one of twists and turns for the real estate market. As with every real estate year, the market can shift in an instant. For this reason, real estate professionals need to keep

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3.6 million fewer families with kids own a home compared to 10 years prior

The big fallout during the housing crisis followed by air-tight lending rules, an alarming shortage of entry-level homes, and skyrocketing home prices are the main items on a long list of reasons

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HUD grants $43 million in effort to end youth homelessness

Awards money to 11 local communitiesIn an effort to end youth homelessness, HUD announced it is awarding $43 million to 11 local communities. These communities include five rural areas, and the

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Online lenders struggle with cost of originations

But investors grow more comfortable as market maturesThe cost to originate a mortgage increased significantly in 2018, and that increase now threatens even nonbank online lenders. A new study of

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June’s Hottest Housing Markets Offer Some Surprises

Californian cities no longer dominate realtor.com®’s top-performing housing markets list as they have for the past six years. Instead, higher home prices may be prompting more home buyers

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3 Vintage Kitchen Designs Making a Comeback

Several vintage and retro elements from the 1960s or even 1930s are oozing back into kitchen design. Realtor.com®’s Jamie Wiebe recently highlighted a few of these comeback trends,

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San Francisco house prices grew the fastest ever in the first half of 2018 as the tech boom shows no signs of slowing

The average price of a house bought in San Francisco rose by $205,000 in the first half of 2018, the largest six-month increase in history, according to MLS data compiled by local real estate agency

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Which tech company’s workers can afford to rent in SF?

Who can afford to rent in SF? Assuming that “afford” means spend no more than 30 percent of monthly income on housing—a naive standard in 21st century Bay Area, but the the

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Zillow: Housing Affordability at Worst Levels Since 2009

Affordability in the housing market is at its lowest point since 2009. A combination of high home prices, rising mortgage rates, and inadequate housing supply are creating an extremely strained

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Refinancing Drops to 20-year Low as Rates Hover Above 4.5%

Mortgage interest rates took a sizable downturn last week, but it wasn’t enough for homebuyers to refinance. Overall mortgage applications fell 0.5% and refinance applications fell 2% on the

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Sales of Luxury Homes Across the U.S. Up 25% in June

Demand for luxury real estate skyrocketed in June, as sales of homes valued at $1 million and up rose 25% compared to the same time last year, according to Realtor.com’s luxury home index

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Senate looks to fix “broken” credit reporting system

Here are some actions Congress can takeThe Senate Committee on Banking, Housing and Urban Affairs held a hearing Thursday morning on “An Overview of the Credit Bureaus and the Fair Credit

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Here are 5 reasons the Millennial homeownership rate is low

For years, several factors have been tossed around such as high home prices, fear over the last housing crisis, delays in family formation and even student loans as reasons why the younger

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Owner and Appraiser Opinions of Home Values Closest to Alignment Since 2015

Appraisal values and what homeowners expected them to be are at their closest point since February 2015. The National Quicken Loans Home Price Perception Index reported that the average home

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Momentum in Consumer Housing Confidence Slows

Matthew ClassickWASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) fell 1.6 points in June to 90.7 after reaching new survey highs in April and May. The

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Buyers Are Paying a Smaller Premium for Waterfront Living

The premium for living on the water isn't as high it used to be. Homes along the water sold for a 36 percent premium in the first quarter of 2018, according to a new analysis by Zillow.  The

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Affordability Moves Hot Markets Eastward from the West Coast

SANTA CLARA, Calif., July 5, 2018 /PRNewswire/ -- The nation's hottest markets are increasingly scattered throughout the country instead of dotted along its pricey western edge as

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