Rates Vault to New Seven-Year High Following Strong Jobs Release
Mortgage rates were decisively higher this week, reaching their highest levels in more than seven years, following Friday’s release of stellar jobs data.
Rates Vault to New Seven-Year High Following Strong Jobs Release
Mortgage rates were decisively higher this week, reaching their highest levels in more than seven years, following Friday’s release of stellar jobs data.
Amazon HQ Split: Housing Impact Should Be Diluted
The latest news that Amazon may be splitting its HQ2 across two locations dilutes its impact on the selected markets. Some finalist cities had concerns about the impact that HQ2 would have on housing affordability, a top concern across most of the country, but the smaller scale of the new headquarters likewise would shrink its effects on affordability. It will be an easier undertaking to meet a smaller influx of housing demand, and separating its HQ2 locations also gives Amazon the chance to create a broader national footprint.
Stock Turbulence and Strong Economic Data Leave Mortgage Rates Flat
Mortgage rates dipped and then recovered over the past seven days, ending up in roughly the same place as where they stood a week ago.
Blue County Home Values Crashed Harder, Recovered Stronger
Following the 2016 presidential election, homes in counties that voted for Hillary Clinton and President Donald Trump fared very similarly until earlier this year.
Rates Surprisingly Steady Despite Turmoil in Equity Markets
Continued uncertainty on Wall Street may prompt a significant retreat, but for now rates are holding firm very near to their highest levels in seven years.
September New Home Sales: Rapid Reaction
Builders have not been building like they used to for some time now -- and with winter coming, they appear to be in retreat even from those historically low levels.
Property Tax Exemptions Saved Californians $30 Billion in 2018
Working with reporters at CALmatters – a nonpartisan and nonprofit journalism venture based in Sacramento – Zillow estimated the current gap between what Californians pay in property taxes and what they would owe if property taxes were based on current market values.
September Existing Home Sales: Rapid Reaction
Some of today’s sluggishness in existing home sales can be blamed on the hurricanes that hit the Southeast in September, but there are clearly more fundamental changes at play as well.
Rents Drop Year-Over-Year for the First Time Since 2012 (September 2018 Market Report)
The September drop will come as good news to renters who are on a budget, hoping to save a down payment, or just want a break from rent increases.
