GIA TEAM
The Profit Blog
US homeowners gained $1 trillion in the last year as their housing values jumped- Rebranded
The average borrower gained $16,300 in home equity from 2017 to 2018, according to CoreLogic. Home equity jumped 13.3 percent from to a year earlier. Despite the big value gains in the past few...
How Trump’s lumber tariffs may have helped increase home prices-Rebranded
Want to better understand what may happen in the United States economy as President Trump pursues his combative trade policies? Look no further than the lumber that goes into many houses in the...
Mortgage rates drop, but borrowers are not impressed- Rebranded
Total mortgage application volume decreased 2.9 percent for the week, seasonally adjusted, according to the Mortgage Bankers Association. That marked the sixth straight week of losses. Applications...
Rising Risks: Waterfront real estate in Boston rises in the face of stronger storms- Rebranded
Some 16 separate weather disasters in 2017 caused more than $300 billion in economic losses, including damage to both commercial and residential real estate. In the past decade, nearly $8 billion...
Where Are Home Prices Shooting Up the Most? Not Where Many Buyers Expect- Rebranded
Home prices in Las Vegas are shooting up higher than the hotel and casino towers on the glittering Strip. Prices for single-family homes were up across the nation by about 7% annually as of March....
Mortgage Rates Reach Seven-Year High in a Housing Market Reckoning- Rebranded
Rates for home loans powered to the highest since 2011, setting up a fresh test for a housing market already strained by lean supply and surging prices. The 30-year fixed-rate mortgage averaged...
To Gauge Long-Term Health of a Real Estate Market, Look Beyond Sales Prices- Rebranded
When gauging the health of a real estate market, it’s tempting to focus on sales numbers, and median and average prices. But to determine the resiliency of a location, and the potential for returns...
Higher gas prices could hurt already weakening home sales- Rebranded
While there is no specific data on how they correlate specifically to home sales or prices, gas prices definitely play into consumer confidence about personal finances — both going up and coming...
Homeowners are bullish on prices, while buyers may find there’s no inventory- Rebranded
Sixty-four percent of Americans say they're anticipating an increase in property values during the next year, according to Gallup. Plus, a majority of people believe now is a good time to buy....
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