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Sales

Did a Chinese Film Really Boost Seattle Home Purchasing?

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Is a Chinese romantic comedy fueling a rush in trans-Pacific investment in pricey Seattle real estate? Or is this simply a case of movie-fueled wishful thinking?Click to continue

Foreign House Hunters Set Their Sights on Hollywood

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When it comes to U.S. residential real estate, Los Angeles is the primary gateway destination for international buyers coming from across both oceans and up from Latin America.Click to continue

Home Equity and the Half-Full/Empty Glass

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One of the most abused clichés in the English language involves the concept of a drinking glass filled to the halfway mark: The too-obvious question is whether the glass is half-full or half-empty.Click to continue

Mixed Housing Data Causes Slight Rise in Rates

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Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed-rate mortgages (FRMs) easing slightly from the previous week amid mixed housing data. The 30-year FRM averaged 4.20 percent, with an average 0.5 point for the week ending Sept. 25, 2014, down from last week when it averaged 4.23 percent. A year ago at this time, the 30-year FRM averaged 4.32 percent. The 15-year FRM also averaged 3.36 percent with an average 0.5 point, down from last week when it averaged 3.37 percent. A year ago at this time, the 15-year FRM averaged 3.37 percent.Click to continue

New-Home Sales in August Hit Highest Mark in Six Years

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Sales of newly built, single-family homes increased 18 percent in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released data by the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau.Click to continue

So You Want to Live … Where?

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Choosing a place to purchase a home is always a challenging decision, and a trio of new lists on the best markets for buyers and sellers can either expand horizons or lead to data overload, depending on your capacity for absorbing research.Click to continue

HSH.com: Rates See Week of Mixed Results

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Rates on the most popular types of mortgages were mixed this week, according to HSH.com's Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages (FRMs) rose by three basis points (0.03 percent) to 4.28 percent. Conforming 5/1 Hybrid ARM rates decreased by two basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at an average of 3.22 percent.Click to continue

Zillow Reports Mortgage Rates Hold Steady Amid Fed Announcements

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The 30-year fixed-rate mortgage (FRM) as reported by Zillow Mortgages is currently at 4.13 percent, down six basis points from this time last week.Click to continue