Trends

First-time Millennial homebuyers are still agitated over not having enough funds to make a downpayment on a house, according a survey by Redfin
A new study has found the majority of Millennials are looking at homeownership as the primary strategy for building their investment portfolios. However, the study’s authors warn that approach might have greater costs than benefits.   According to the Bank of the West 2018 Millennial Study, 56... Keep Reading....
help wanted
The real estate world is keeping an eye out for more young people to become part of this industry.   Twenty-nine real estate industry organizations have joined forces to launch an effort to bring more young professionals into this career path. The first initiative of this collaboration is a new... more
For Sale
Anyone hoping for a housing market with greater inventory and lower prices will be disappointed for at least the next two years, according to Summer 2018 edition of The Housing and Mortgage Market Review released today Arch Mortgage Insurance Co.   The new report determined that the number of... more
home construction
When it comes to new single-family homes, basements and fireplaces are becoming a thing of the past but the overall size of the residence is growing, according to a new study of construction trends released by Porch.   In a report titled “The Future of Single-Family Homes,” Porch detailed the... more
Mortgage rate movement was mostly desultory in the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac
Mortgage rate movement was mostly desultory in the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac.   The 30-year fixed-rate mortgage (FRM) averaged 4.52 percent for the week ending July 19, down from last week when it averaged 4.53 percent. The 15-year FRM this week averaged four... more