Comey, the Elite’s Fixer, “Busted”, Recieved Millions from Clintons

Comey, the Elite’s Fixer, “Busted”, Recieved Millions from Clintons

Comey, the Elite’s Fixer, “Busted”, Recieved Millions from Clintons $HSBC, $DB, $GS, $LMT FBI Director James Comey testified under oath at a hearing before Congress, that the FBI’s investigation into Hillary Clinton’s use of a private e-Mail server, where she sent and received ‘Top Secret’ e-Mails, did not warrant pressing criminal charges against her. In […]

US Homebuilder Sentiment Slips, Overall Outlook Still Positive

US Homebuilder Sentiment Slips, Overall Outlook Still Positive

US Homebuilder Sentiment Slips, Overall Outlook Still Positive $DIA, $SPY, $QQQ, $VXX US homebuilders are a bit less optimistic about their sales prospects, as their overall outlook still remains favorable. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday slipped to 68 this month. That’s down 3 points from 71 in March, […]

US Home Mortgage Refinancing Activity Hits 2.5-Month High

US Home Mortgage Refinancing Activity Hits 2.5-Month High

US Home Mortgage Refinancing Activity Hits 2.5-Month High US application activity to refinance a mortgage climbed to its highest level since mid-December as 30-year home borrowing costs declined to their lowest in 6 weeks, Mortgage Bankers Association data released on Wednesday showed. The Washington-based industry group said its seasonally adjusted measure of loan applications for […]

US Home Prices Up in December, Fastest Pace in a Year

US Home Prices Up in December, Fastest Pace in a Year

US Home Prices Up in December, Fastest Pace in a Year US home prices rose in December, this as prospective buyers bid against each other for a limited supply of property. The Standard & Poor’s CoreLogic Case-Shiller 20-City home price index, released Tuesday, increased 5.6%, the most since January 2016. The price gainer reflects the […]

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December $DIA, $SPY, $QQQ, $VXX More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the costs of ownership. The National Association of Realtors (NAR) said Monday that its seasonally adjusted […]

US Real Estate: Mortgage Rates Rise

US Real Estate: Mortgage Rates Rise

US Real Estate: Mortgage Rates Rise Mortgage rates inched upward, but it was enough to extend the climb to a ninth consecutive week, with the benchmark 30-year fixed mortgage rate now at 4.32 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points. The larger […]

November 2016 Mortgage Data

November 2016 Mortgage Data

November 2016 Mortgage Data — Delinquency rate up by 2.5 percent, a relatively mild seasonal increase by historical standards — Annual improvement in mortgage delinquency rates is beginning to slow as market “normalizes” — Number of loans in active foreclosure drops below 500K for the first time in nearly 10 years — Pre-payment activity remains […]

US Home Construction Dove in November, Stocks Flat on High Volume

US Home Construction Dove in November, Stocks Flat on High Volume

US Home Construction Dove in November, Stocks Flat on High Volume $DIA, $SPY, $QQQ, $VXX New-home construction in the US fell more than forecast in November after surging a month earlier to a 9-year high, indicating fitful progress in residential real estate. Residential starts slumped 18.7% to a 1.09-M annualized rate last month after rising […]

Real Estate News: Palm Beach, New York, Venice Luxury Auctions

Real Estate News: Palm Beach, New York, Venice Luxury Auctions

New York City-based luxury real estate marketplace Concierge Auctions has added three properties to its upcoming Winter Portfolio Sale, including an Italian palazzo apartment in Venice, Italy; a coveted penthouse in Tel Aviv, Israel; and a 9,500-square-foot Caribbean oceanfront mansion in St. Croix, USVI. The newest offerings are three of 19 dream homes globally that […]

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth US home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to the data The Standard & Poor’s CoreLogic Case-Shiller national home price index , released Tuesday, is just a bit above the peak it set in July 2006, […]

Strong US Housing Market to Bring Fed Rate Hike

Strong US Housing Market to Bring Fed Rate Hike

Strong US Housing Market to Bring Fed Rate Hike October Existing Home Sales and November Philadelphia Fed Non-Manufacturing Index Sales: +2%; Prices (Over-Year): +6%/ Phil. Fed (NonMan.): -10.7 points; Orders: +6.9 points; Hiring: +5.8 point. The National Association of Realtors (NAR) reported that in October, existing home sales hit their highest pace since February 2007. […]

US Real Estate Report: Home Price Perception Index

US Real Estate Report: Home Price Perception Index

US Real Estate Report: Home Price Perception Index Quicken Loans, the nation’s second largest retail mortgage lender, today announced appraisals lagged behind what homeowners estimated by 1.26 percent in September, according to the company’s national Home Price Perception Index (HPPI). This is a slight move toward equilibrium after a 1.56 percent gap between perceptions in […]

US Real Estate Report: Valuations on the Rise

US Real Estate Report: Valuations on the Rise

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released a new analysis showing 548,000 U.S. homeowners regained equity in Q2 2016 compared with the previous quarter, increasing the percentage of homes with positive equity to 92.9 percent of all mortgaged properties, or approximately 47.2 million homes. Nationwide, home equity […]

Hotel News: Luxury Hotel Association Pinnacle Summit

Hotel News: Luxury Hotel Association Pinnacle Summit

The ILHA will be hosting their annual Pinnacle Summit 25 – 27 September 2016 at the Gaylord Resort and Conference Center in Washington D.C. John Vanderslice, Global Head, Luxury & Lifestyle Brands, Hilton Worldwide will be the keynote speaker on Monday, talking about Passion Points: What Matters Most to Today’s Luxury Traveler followed by Joe […]

Florida Real Estate Report

Florida Real Estate Report

Florida’s housing market reported rising median prices and fewer all-cash closed sales in July, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 24,083 last month, down 8 percent from July 2015, reflecting the state’s current shortfall in inventory. “Florida’s supply of for-sale homes remains tight, which […]

Real Estate Report: The Real Estate Office of the Future

offrs.com, the leader in Smart Data and Marketing for real estate, today announced the launch of their artificial intelligence driven system for real estate brokerages. The official launch event takes place at the historic Ritz Theater in Austin, TX, as part during the annual Keller Williams Mega Camp. This launch party will also unveil, “Raia,” […]

New York Real Estate Report

New York Real Estate Report

New York Residence (NYR.com), a leading residential and commercial real estate brokerage firm based in New York City, with three international offices, is the only onsite real estate brokerage firm at The Downtown Club (DTC), a five-star luxury condominium. NYR has been the most successful resale broker over the past several years, representing numerous buyers […]

US Real Estate Report: Mortgage Rates Lower

US Real Estate Report: Mortgage Rates Lower

US Real Estate Report: Mortgage Rates Lower Mortgage rates were down very slightly this week, with the benchmark 30-year fixed mortgage rate inching lower to 3.81 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points. The larger jumbo 30-year fixed fell more sharply, to […]