Mortgage Bankers See Increase in Originations

The Mortgage Bankers Association predicts that it expects to see $ 1.10 trillion in purchase mortgage originations during 2017, an 11% increase from 2016.  On the flip side, the MBA says that refinance originations will decrease by 40%.  They attribute this to strong household formation, job growth, rising...
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America’s Most Flipworthy Hotspots

Realtor.com says that flipping is back and it’s better than ever!  In fact they report (like many others) that the number of flipped properties is reaching levels not seen in a nearly decade.  So, Realtor.com’s number-crunchers put their pencils to paper and identified the largest 100 markets by...
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Old Millennials Are Diving Into Homeownership

Last month we learned about the 10 hottest markets for millennials.  Combine that with the NAR’s latest Profile of Home Buyers & Sellers, where the median age of all first-time home buyers is 31 years old and you’ll see that “older” millennials (25-36 years old) are diving head-first...
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Beginner’s Guide To Real Estate Investing

You have probably heard all the hype about making BIG $ with Real Estate Investing.Everywhere you look there is another ‘system‘ to buy, a ‘program‘ to set up, or expensive Seminar to ‘enroll’ in. Most of these ‘Get Rich Quick’ money themes are confusing, overwhelming, time-consuming, and downright EXPENSIVE!...
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Top 10 Cities for the Perfect Pub-Crawl

Here’s a list you’ll want to see;  National real estate brokerage RedFin set out to discover America’s best cities that were built for the perfect pub crawl.  Using walking score data and locating a lot of bars/pubs, they determined the best route for hitting the most bars in...
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Housing Starts Hit 9-Year High – Jump 25%!

The Commerce Department reported that privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,229,000. This is 0.3% above September’s rate of 1,225,000 and is 4.6% above October 2015.  Single-family authorizations in October were at a rate of 762k; this...
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