Regina Buys Houses

07/03/2018

Happy (almost) Fourth of July!!!!!

05/31/2018

https://www.cnbc.com/2018/05/31/pending-home-sales-fall-more-than-expected-as-costs-for-buyers-rise.html

Pending home sales, which measure signed contracts to buy existing homes, fell a wider-than-expected 1.3 percent in April, compared to March, according to the National Association of Realtors.

05/29/2018

https://www.cnbc.com/2018/05/29/run-up-in-home-prices-is-not-sustainable-realtors-chief-economist.html

The run-up in home prices is gaining speed, causing some to warn that the increases will not be sustainable for long.

05/17/2018

https://www.cnbc.com/2018/05/14/startup-ribbon-aims-to-back-homebuyers-who-are-short-on-cash.html

A new fintech real estate company backs buyers with cash, so they can make all-cash offers, even if they don't have the cash.

05/17/2018

https://www.reuters.com/article/us-usa-fed-housing/u-s-household-debt-edges-up-to-13-21-trillion-in-first-quarter-n-y-fed-idUSKCN1II21H

U.S. household debt grew by $63 billion, or 0.5 percent, to $13.21 trillion in the first quarter, driven largely by the increase in mortgage balances, a New York Federal Reserve quarterly report released on Thursday showed.

04/30/2018

https://www.cnbc.com/2018/04/30/march-pending-home-sales-flat-with-high-prices-low-inventory.html

The March read on pending home sales, which measures signed contracts to buy existing homes, rose just 0.4 percent for the month and was 3 percent lower compared to a year ago. Realtors blame tight supply and weakening affordability.

04/25/2018

https://www.bloomberg.com/news/articles/2018-04-25/are-rising-mortgage-rates-a-threat-to-u-s-housing

Mortgage rates at a 4-year high could be weighing on America’s housing market.

04/23/2018

https://www.cnbc.com/2018/04/23/the-interest-rate-that-affects-mortgages-is-at-3-percent-and-headed-higher.html

The widely-watched 10-year Treasury yield should keep going higher once it breaks through 3 percent, analysts say.

04/20/2018

https://www.cnbc.com/2018/04/20/mortgage-rates-hit-highest-point-in-a-month.html

Mortgage rates, which loosely follow the 10-year Treasury, hit their highest level since the end of March, breaking out of a tight range where they'd been sitting for weeks.

04/16/2018

Article from curbed.com on why buying a house today is so much harder than in 1950:

https://www.curbed.com/2018/4/10/17219786/buying-a-house-mortgage-government-gi-bill

A postwar boom, legal discrimination, and new mortgage loans made suburban housing accessible, and set the stage for today’s challenging market