by @thatbeardedrealtor (Marcus Roper) | Dec 19, 2019 | News, Real Estate Knowledge
ARTICLE WRITTEN BY BOB ROBERTS OF STEWART TITLE New Housing Construction Whether for owner-occupied properties or rentals — is a risky business. Just like the story of Goldilocks and the three bears, the question is, “Are we building too much new housing, not...
by @thatbeardedrealtor (Marcus Roper) | Dec 18, 2019 | News, Real Estate Knowledge
Luxury Construction The number of new-construction luxury homes at 3,000 square feet or less has increased by nearly 20% since 2013—with a corresponding decline in larger-size, high-price homes. (WSJ) Delinquent Mortgages In September 2019, 3.8% of home mortgages were...
by @thatbeardedrealtor (Marcus Roper) | Dec 10, 2019 | News
Are we headed to a recession? While we survived the year of RECESSION OBSESSION without a recession, it appears we came rather close to a recession in 2019, hence the Fed’s actions to prevent one: Jerome Powell engineered an about-face in U.S. interest-rate...
by @thatbeardedrealtor (Marcus Roper) | Dec 5, 2019 | News
Mortgages Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results also include an adjustment for the Thanksgiving holiday. Refinance weakness caused the overall...
by @thatbeardedrealtor (Marcus Roper) | Nov 22, 2019 | News
CoreLogic Reports Low Rental Inventory Levels are Pushing Rent Prices Up —U.S. single-family rent prices increased 3% year over year in September 2019— – Phoenix had the highest year-over-year rent price increase at 6.7% – Low-end rent...
by @thatbeardedrealtor (Marcus Roper) | Oct 30, 2019 | News
Rate Cuts Today Wall Street is bracing for what seems almost assuredly to be a third interest rate cut in as many meetings of the Federal Reserve this afternoon. (Marketwatch) Debt & Money Markets In 2010, average Chinese workers saved 39 cents of every dollar...
