U.S. Foreclosure Activity Down Nationally; Up Locally

U.S. Foreclosure Activity Down Nationally; Up Locally

According to ATTOM Data Solutions – a real estate tracking service, there were a total of 66-thousand U.S. properties with foreclosure filings in October 2018. That is up 21% from an all-time low last month, but still down almost 5 percent when compared to a year ago....
LESS THAN HALF OF BUYERS PUT 20% DOWN ON A HOME

LESS THAN HALF OF BUYERS PUT 20% DOWN ON A HOME

Saving for a down payment is potentially the biggest hurdle to homeownership among young or first-time home buyers. Putting 20% down on a mortgage allows buyers to avoid mortgage insurance and keep monthly payments lower. Lately, the 20% down payment standard has...
HOME PRICE GAINS SLOWED, INVENTORY ROSE IN NOVEMBER

HOME PRICE GAINS SLOWED, INVENTORY ROSE IN NOVEMBER

U.S. home-sale prices increased 3.3% year over year in November, according to Redfin. In fact, November marked the third straight month of annual home price gains under 4%. The number of home sales fell faster than it has in over two years. The only metro areas that...
LIST: THE MOST NEIGHBORLY NEIGHBORS

LIST: THE MOST NEIGHBORLY NEIGHBORS

Trulia has announced the winners of the 2018 Neighborly Awards. This contest pits 10,000 neighborhoods against each other for spectacular supremacy. And, there was even a winner from Northern California… in fact, AskTheContractors on Talk 650AM (out of Sacramento) can...
JOB MARKET SLOWED IN NOVEMBER

JOB MARKET SLOWED IN NOVEMBER

… after a big jobs gain in October.   • While the total employment increased by 155,000 • The unemployment rate remained unchanged at 3.7%.   In an area with great need, the residential construction field, employment increased by almost 8-thousand last month.   The...
CALIFORNIA APPROVES 2020 SOLAR PANEL MANDATE

CALIFORNIA APPROVES 2020 SOLAR PANEL MANDATE

“It’s officially official,” the California Building Standards Commission has voted to require solar panels on new residential homes. The mandate starts in 2020.   California is now the first state in the country to adopt the clean energy requirement.   Beginning Jan....