U.S. Home Flipping Rate Matches Six-Year High In Q1 2018 Despite 3 Percent Year-Over-Year Decrease In Number Of Homes Flipped

Home Flip

IRVINE, Calif., June 7, 2018 /PRNewswire/ — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Flipping Report, which shows that 48,457 U.S. single family homes and condos were flipped in the first quarter of 2018, down 4 percent from the previous quarter and down 3 percent […]

June 2018 Elections

Your Vote Counts

It’s elections season again and with terms like “Jungle Primary” being tossed around in the media, it’s time to get out there and rock the vote. Do you know where you are supposed to vote at in your neighborhood? If not, be sure to check out our link to the Registrar of Voters page: Don’t forget […]

How much house should I buy?

how much house can i afford

In the article, “How Much House Can I Afford?”, authored by Roger Wohlner, it starts with a simple title that poses, what the reader would think is, a straightforward question in home buying lexicon. Mr. Wohlner then delves into how most people perceive in answering this question, stating that “the best approach is to take […]

Stated Income Home Loans

Stated Income Home Loans

Current regulations require banks to offer “plain vanilla” mortgages, which are controlled by strict guidelines for borrower debt-to-income ratios and proof of incomes. These safe mortgages are called “qualified mortgages”, also known as QM loans. But these standard vanilla QM loans are not for every consumer. For the right and worthy borrower, other mortgage options […]

Pending Home Sales Lose Steam in April, Decline 1.3 Percent

Open House

WASHINGTON, May 31, 2018 /PRNewswire/ — After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National Association of Realtors®. All major regions saw no gain in contract activity last month. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based […]

Purchasing a Luxury Home

luxury home

For the average American, getting qualified for a home loan can be a daunting and stressful process. Some people may believe that the rich in America have a very simple and easy path to getting approved for a home loan. However, this is one of the many misconceptions with lending for luxury homes.  In actuality, obtaining a loan […]

Metrostudy Releases Q1 2018 Residential Remodeling Index (RRI)

Remodeling

WASHINGTON (PRWEB) MAY 21, 2018 Metrostudy, a Hanley Wood company, announced today the release of its first quarter 2018 Residential Remodeling Index (RRI), detailing activity in the remodeling and replacement industry. In first quarter 2018, the Residential Remodeling Index improved to a new all-time high of 112.9, which represents a solid increase of 5.2 percent […]

Weekly mortgage applications rise

Mortgage Applications Increase

In Emily Gaffney’s CNBC article, “Weekly mortgage applications rise even as rates increase”, she reports that despite the increase in interest rates, home buyers have increased the volume of mortgage applications by 4.8 percent from the previous week. What is more surprising is that mortgage application volume remained unchanged from a year ago, even though […]

New Hard Money Loan Programs in SoCal

Now available to San Diego, Orange County and other major markets. San Diego, CA, April 10, 2018 – First Liberty Financial Corporation (FLF) announces that they have three new hard money loan programs targeted for residential and commercial owners who are focused on fix and flip loans, commercial hard money, residential hard money loans, foreign […]

How much house can I afford?

how much house can I afford?

In the article, “How Much House Can I Afford?”, authored by Roger Wohlner, it starts with a simple title that poses, what the reader would think is, a straightforward question in home buying lexicon. Mr. Wohlner then delves into how most people perceive in answering this question, stating that “the best approach is to take […]