by Heather | Jan 3, 2017 | C.A.R., TSBOR, TSMLS
Talking Points U.S. home prices rose 7.7 percent in November, the largest year-over-year increase in 14 months, according to Redfin, the real estate brokerage. Home sales rebounded after a tepid October, growing 20.1 percent, the biggest annual gain since July 2015....
by Heather | Dec 29, 2016 | C.A.R., TSBOR, TSMLS
Fellow REALTORS®, This year is ending on a high note with some very good news for REALTORS® and California home buyers. Late last month, the Federal Housing Finance Agency (FHFA) announced it will increase the 2017 maximum conforming loan limits for mortgages...
by Heather | Dec 27, 2016 | C.A.R., TSBOR, TSMLS
Talking Points Home prices, including distressed sales, increased annually by 6.7 percent in October 2016, and increased 1.1 percent from September, according to the Home Price Index and HPI Forecast by CoreLogic. Additionally, 384,000 borrowers moved out of negative...
by Heather | Dec 22, 2016 | C.A.R., TSBOR, TSMLS
2017 California Housing Market Forecast Following a dip in home sales in 2016, California’s housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity. The C.A.R. forecast sees a modest increase in...
by Heather | Dec 20, 2016 | C.A.R., TSBOR, TSMLS
by Heather | Dec 19, 2016 | C.A.R., TSBOR, TSMLS
Talking Points The highest interest rates in well over a year are putting a dent in the mortgage business, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or...
