Existing home sale fell 1.3% in January to an annual rate of 5.46 million, after an upwardly revised gain of 3.9% in December to an annualized pace of 5.53 million. Despite the small decline, existing home sales continue to trend higher; they were up a strong 9.6% in January from January one year ago. Regionally,Read more
Tax Season Filing Tips As the filing deadline approaches, take time to focus on your taxes. Before doing anything, make up income tax projections at least for this year and next. Once you have the numbers, you can see how any actions you take will affect your tax bill….READ MORE » Larger Vocabulary a PredictorRead more
Are you up to speed on NEW Real Estate related laws in California for the year 2020? Numerous California laws take effect this year. Learn more about SB-18, SB-243, AB 206, AB 892, AB 212, AB 91, and AB 872 as well as information regarded VA Loan Limits and more. For the most current updatesRead more
Need a refresher on the dozens of the acronyms revolving around Real Estate related topics? Check out Ticor Title’s 2020 Title and Escrow Acronym’s cheat-sheet and step up your knowledge. Download a copy here:
When getting ready to buy a home, you’ll hear a lot of terms that you probably haven’t heard before. For example: FRM, PMI, amortization… you get the gist. Luckily, we’ve put together a list of 10 homebuying terms to know. There’s additional lingo that’s good to know and can be equally overwhelming to digest. We’reRead more
What’s in store for the U.S. housing market in 2020? With low interest rates, modest inflation and a solid labor market, there are many reasons to be optimistic about housing in the coming year. In 2019, a sustained drop in mortgage rates and a strong labor market helped the U.S. housing market to rebound inRead more
Existing home sales fell in November, declining by 1.7% to an annualized pace of 5.35 million following a 1.5% gain in October to an annual rate of 5.44 million. Even with the decline, existing home sales continue to trend modestly higher, remaining 2.7% above November 2018 levels. Regionally, sales were mixed with gains of 1.4%Read more
Overly restrictive local land-use regulations limit the supply and increase the cost of housing. But, until recently, there were limited sources of comprehensive data on these regulations over time. Fannie Mae collaborated with the Urban Institute to launch a new public data source on land-use practices from data collected through the National Longitudinal Land UseRead more
Existing home sales rose in October, gaining 1.9% to an annualized pace of 5.46 million following a 2.5% decline in September to an annual rate of 5.36 million. With the gain, existing home sales continue to trend higher and are now up 4.6% from October 2018. Regionally, sales were mixed with gains of 1.6% andRead more
Construction on new houses jumped 12% in August to the fastest pace in years as the multi-family market stabilized and mortgage rates dropped, despite an otherwise volatile month. Housing starts increased to an annual rate of 1.36M in August, up from a revised 1.22M in July, according to the monthly report from the Commerce Department.Read more