Residential Real Estate

Metro Area Wealth Gains as of 2021 Q2: Typical Gain of $349,000 Over 30 Years

Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time, and is built up by price appreciation and paying off the mortgage. www.nar.realtor – Research

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Student Loan Debt Holding Back Majority of Millennials from Homeownership

Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact:Ā  Tori Syrek

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Mortgage Rates Start Stronger But Moved Higher During The Day

Posted To: Mortgage Rate Watch Mortgage rates began the day with promise. Actually, it was the underlying bond market (which largely dictates mortgage rates) was sending promising signals by apparently building on the bigger improvements seen on Tuesday. This is exactly what mortgage lenders needed in order to feel comfortable setting rates at even lower […]

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Homebuilders’ Local Opportunity Index

National Association of REALTORSĀ® has created the Homebuilders’ Local Opportunity Index (HLOI), which measures both short-term and long-term opportunities for homebuilders at the local level, with the purpose of identifying the areas where homebuilders can build more homes with less risk for their business. www.nar.realtor – Research

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Huge Forbearance Decline; Rate Reckoning; Lenders’ Profit Outlook

With interest rates expected to rise and most homeowners who could benefit from refinancing having done so, mortgage bankers are not expecting the sometimes record profits of the last year or so to continue. Fannie Mae’s third quarter Mortgage Lender Sentiment Survey (MLSS) found just short of a majority of respondents expecting their profit margins […]

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Being the Change in Tacoma

Margeurite Martin uses her platform as a real estate blogger, podcaster, and referral agent to engage with issues of equity and fair housing. www.nar.realtor – Fair Housing

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Being the Change in Old Town Tacoma

See how Anne and Dave Jones of Windemere Abode leverage their distinct life experiences to expand homeownership, and their business, in Old Town Tacoma. www.nar.realtor – Fair Housing

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400,000 Homeowners Enter Final Month in Forbearance; Conventional Loans Dominating Market Share

Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the end of their 18 months of forbearance eligibility unless the maximum term is extended again. The end of August saw a significant decline in forbearance numbers as […]

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400,000 Homeowners Enter Final Month in Forbearance

Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the end of their 18 months of forbearance eligibility unless the maximum term is extended again. The end of August saw a significant decline in forbearance numbers as […]

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Mortgage Rates Relatively Unharmed, Despite Unexpected Moves in Bonds

It was a busy week for economic data with several reports that were pertinent to the housing market. In addition to being the perennial top dog among economic reports, this Friday’s jobs report was especially important due to its role in the Federal Reserve’s decision-making process. The Fed is widely expected to announce a forthcoming […]

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