Elevated Lumber Prices Lead to Builder-Confidence Slip

Builder confidence dropped down two points to 68 in June, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Experts say elevated lumber prices are to blame; however, the overall sentiment is still strong, as any above-50 readings point to a positive outlook. “Builders are optimistic about housing market […]

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New Study: 2018 Real Estate IRA Trends Revealed

From single-family houses to apartment buildings and commercial properties, Entrust clients have a long history of investing in real estate to bolster and diversify their retirement savings portfolios. Our new 2018 Real Estate Investor Market Research Report offers analysis and insights into where and what kinds of transactions Entrust clients are making, and how the […]

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Study Shows Slight Gap Between Owner Perception and Appraiser Opinion of Home

Homeowners and appraisers are coming closer to being on the same page, and in an increasing number of metro areas, appraisals are even higher than what owners expected. In May, appraised values were 0.34 percent lower than expected, according to Quicken Loans’ National Home Price Perception Index (HPPI). This is a vast improvement from the […]

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U.S. Home Equity Lines of Credit Increase 14 Percent in Q1 2018

ATTOM Data Solutions released its Q1 2018 U.S. Residential Property Loan Origination Report this week, which shows that more than 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in Q1 2018, down 5 percent from the previous quarter and down 3 percent from a year ago. 665,887 of the […]

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Kilauea Destroys More Homes, Hawaii’s Real Estate Community Bands Together

Over a month after the initial outburst by Hawaii’s Kilauea volcano on the Big Island, fissures continue to spew fountains of lava up to 150 feet in the air, and the volcano has not shown signs of reduced seismic activity or eruptions following a turbulent six weeks. As the lava continues to flow into the […]

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Fed: Rates Increased for Second Time This Year

As predicted by all officials, the Fed raised rates for the second time in 2018—from 1.75 percent to 2 percent. The remainder of 2018 and 2019 may see more gradual hikes, with analysts predicting two more increases by year’s end in order to curb future inflation concerns following reports of a strong labor market and […]

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Opendoor to Expand Services and Market Areas With $325M in Series E Round

Opendoor, an online real estate company claiming to make home-buying and –selling a stress-free and near instantaneous experience, just raised $325 million in a Series E round of financing. The technology-powered company is one of many so-called industry “disruptors” looking to stray from the traditional real estate model by replacing the agent in the transaction […]

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The Fight Isn’t Over: Industry in Opposition of Net Neutrality Repeal

It’s official. The internet freedom rules implemented by the Obama administration in 2015—known as net neutrality or Open Internet Order—are no longer in effect, as of June 11. It’s been a turbulent year fraught with wide-spread public outrage following the Federal Communications Commission (FCC) vote last December to repeal the net neutrality protections through the […]

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Asian American Community a Force in Housing, but Obstacles Remain

The Asian Real Estate Association of America (AREAA) is celebrating its 15-year anniversary as an organization this year, recently releasing the 2017-2018 State of Asia America report that highlights accomplishments from the last year, as well as challenges the association continues to fight on behalf of the Asian American and Pacific Islander (AAPI) community. “Over […]

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CoreLogic: April Home Prices Rise 6.7 percent

April home prices rose 1.2 percent month-over-month and 6.7 percent year-over-year, according to the CoreLogic Home Price Index (HPI™) and HPI Forecast™. Home prices are projected to rise 0.2 percent from April to May, and 5.3 percent from April 2018 to April 2019. Additionally, of the 100 largest markets, 40 percent are overvalued, or have […]

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