Author Archives: Daniel Houston

Rates for 30-year mortgages reach highest point since early spring

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Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading →

Dream home? Freddy Krueger’s ‘Nightmare on Elm Street’ haunt hits market

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The Los Angeles home, whose now-iconic facade was featured in the 1984 horror flick, is on the market through Halloween. Continue reading →

Outlook improves for home sales through end of 2021, beyond: Zillow

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Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading →

September sees new upturn in demand for second homes

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More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading →

What the US climate-risk review means for FHA, VA loans and more

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Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading →

As list prices continue to soar, not all homebuyers are willing to play ball

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Homesellers have been pushing list prices to new heights, but a report released Thursday by OJO Labs indicates buyers aren’t as eager to shell out for the pricier pads. Continue reading →

‘OK Boomer’: Older homebuyers make gains as millennials struggle

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Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24 percent of recent home purchases in 2019, according to a new analysis from Zillow. Continue reading →

Mortgage rates continue their ascent onward into mid-October

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Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey. Continue reading →

Foreclosures remain low as banks start to churn out post-ban filings

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The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading →

As Tesla sets its sights on Austin, listing agents near plant shift gears

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With news of Tesla bringing its headquarters to Austin and a factory nearing its opening, agents are advising sellers nearby to think big. Continue reading →