Real Estate Agent Tools
How Long Do Californians Stay in Their Homes Before Selling?
Source: Point2Homes --- Key Highlights: California’s 30 largest cities posted significant differences in homeowner tenure in 2022: Salinas residents spent 9.3 years in their home before selling it, while owners in Elk Grove who changed homes did so after just 2.3...
Homebuyer.com Ranks “Most Affordable Cities For First-Time Home Buyers” Using Real-Time Mortgage & Housing Data
Feb. 9, 2023 (Staff Writer)- Homebuyer.com, the mortgage company for first-time home buyers, ranks home affordability in more than 800 U.S. cities using real-time mortgage and housing market data. Using public and private data sources, Homebuyer.com performed...
Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
The lawsuit said these were violations of the Consumer Protection Act. Continue Reading Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said QXO’s Brad Jacobs, Continue Reading QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
Zalupski is the founder and CEO of Dream Finders Homes. Continue Reading Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations
“Maybe I should go to the Fed,” Trump said in a jokey manner. Continue Reading Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations
Mortgage Rates Trickle Lower
The 30-year fixed-rate mortgage averaged 6.81% as of June 18. Continue Reading Mortgage Rates Trickle Lower
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers using VA loans are most concentrated near large military communities like San Antonio, Virginia Beach, and Colorado Springs. Continue Reading Gen Z Accounts for 12% of VA Purchase Loan Market
PNC Announces $208 Million Affordable Housing Fund
The fund includes investments from PNC and seven other financial services and insurance companies Continue Reading PNC Announces $208 Million Affordable Housing Fund
Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
Roughly two-thirds (67%) of baby boomer homeowners have lived in their home for 16-plus years. Continue Reading Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
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