Today, almost every sector has enhanced its user experience with technology and digital resources. For the mortgage and real estate industries, adapting to the changes with technology was a must. Technological advances, the convenience of digital tools, and mobile apps have increasingly gained momentum over...
The limits are adjusted every year based on average home prices, which have increased just over 18% this year....
When inflation hits the housing market, it shows up in a different way for investors, builders, borrowers, sellers, and renters....
The new decade is in full force and the industry already has new shifts in place and emerging new trends. What do the...
First-time homebuyers in California are getting older, and it’s been good for housing market stability. According to Zillow, 33 percent of first-time buyers in California are over 40, and 16 percent are over 50. Nationally, the average age of the first-time buyer is just 34...
7.4% fewer California homes closed escrow in February 2019 compared to the same month a year earlier, according to CoreLogic.So far in 2019, the number of homes that sell each month continues to run below the previous year. first tuesday expects this trend to continue...
There are a lot of great things about Short Term Rentals (STRs), like Airbnb and HomeAway. Most people love being able to rent a house while traveling. It is especially convenient for families or large groups who would like more space and privacy. While STRs...
Like any industry, there are trends in the popularities of different home loans. With mortgage rates expected to slowly rise throughout the remainder of the year...
Looking at housing reports for April 2019, we can see that the real estate market is bending towards buyers for the summer. As the weather warms up, so are opportunities for buyers. They are steadily gaining negotiating power as the housing market appreciation slows, especially...
California’s population grew at a rate of 0.7% in 2017. This is a slightly quicker pace than the prior year, but the overall trend since 2009 is a declining growth rate. The annual rate of population growth is usually closer to 1%....