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Morning Report: Homes selling at record pace

Vital Statistics:

Last Change S&P futures 3356 25.6 Oil (WTI) 42.44 0.82 10 year government bond yield 0.68% 30 year fixed rate mortgage 2.85%

Stocks are higher this morning on no real news. 351 more words

Morning Report: M&A in the mortgage space

Vital Statistics:

Last Change S&P futures 3372 23.6 Oil (WTI) 42.83 0.52 10 year government bond yield 0.63% 30 year fixed rate mortgage 2.85%

Stocks are higher this morning on no real news. 644 more words

Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: 297 more words

Real Estate

Gold and Denver Real Estate both at Record Highs. Am I Concerned?

Yes I am.

According to the Denver Metro Association of Realtors:

  • Buyers closed on an all-time high of 6,664 homes last month, up nearly 8% from June 2020 and more than 12% from July 2019.
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Real Estate

High demand for appraisals is delaying the underwriting process

High demand for appraisals is delaying the underwriting process

Home appraisers are struggling to keep up with a sudden surge in home buying and refinancing. As a result, turnaround times for appraisals are increasing, causing delays in the underwriting process, … 362 more words

Buyers

Experts Weigh-In on the Remarkable Strength of the Housing Market

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. 413 more words

Real Estate