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Mortgage Brokers

Welcome to the special Real Estate Industry Bulletin for Mortgage Brokers.

Hotels: Occupancy Rate Declined Slightly Year-over-year

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Hotels: Occupancy Rate Declined Slightly Year-over-year

From HotelNewsNow.com: US hotel results for week ending 13 October The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 7-13 October 2018, according to data from STR. In comparison with the week of 8-14 October 2017, the industry recorded the following: • Occupancy: -0.7% to...
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Denver Real Estate Market Trend And Forecast 2019

Denver Real Estate Market Trend And Forecast 2019

Denver Real Estate Market Overview We’re going to give you an overview of Denver, Colorado before we go into the reasons why you would want to invest in the Denver real estate market. And we won’t be citing generic platitudes like it is a diverse or beautiful place. We’ll focus on real reasons to...
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3 Things To Keep Your Earnest Money Deposit Safe

3 Things To Keep Your Earnest Money Deposit Safe

Once your offer finally gets accepted, one of the first things you’ll do is submit an escrow deposit. This money — your “good faith” deposit — helps show the seller that you’re serious about buying the home. If the home closes successfully, that money is applied to your down-payment. However, if the deal falls through,...
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Merrill on House Prices

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Merrill on House Prices

A few excerpts from a Merrill Lynch note on house prices: Home prices nationally, as measured by the S&P CoreLogic Case-Shiller index are running at 6.0% yoy as of the latest data in July. Assuming some modest slowing into the end of the year, we believe we are on track for home prices to...
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Is Orlando The Hottest Real Estate Market For Investors In 2019?

Is Orlando The Hottest Real Estate Market For Investors In 2019?

Orlando Real Estate Market Overview Owing to its picturesque beaches and rapidly improving quality of life, Orlando, FL is proving to be a secure real estate investment destination for not only local but also international investors. With an average rental of $1,599, the Orlando real estate market is expanding at a great pace and...
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MBA: Mortgage Applications Decreased in Latest Weekly Survey

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MBA: Mortgage Applications Decreased in Latest Weekly Survey

From the MBA: Mortgage Applications Decline in Latest MBA Weekly Surve Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 12, 2018. This week’s results didn’t include adjustment for the Columbus Day holiday. … The Refinance...
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Monday: Retail Sales, NY Fed Mfg Survey

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Monday: Retail Sales, NY Fed Mfg Survey

Weekend:• Schedule for Week of October 14, 2018 Monday:• At 8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.6% increase in retail sales. • At 8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 19.3, up...
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Oil Rigs Increase Sharply

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Oil Rigs Increase Sharply

A few comments from Steven Kopits of Princeton Energy Advisors LLC on October 12, 2018: • Oil rigs were up sharply this week, +8 to 869 • Horizontal oil rigs similarly rose, +8 to 772…• This report is deceptively bullish, as ‘Other US’ added 8 horizontal oil rigs, of which perhaps 4-6 are likely...
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Is Portland The Hottest Real Estate Market For Investors In 2019?

Is Portland The Hottest Real Estate Market For Investors In 2019?

Portland, Oregon Real Estate Let’s take a look at the current state of Portland, Oregon. Then we’ll discuss the revolutionary opportunities in Portland, Oregon for real estate investors. Portland is home to around 600,000 people. However, the Portland real estate market in reality includes the more than two million people who live in the Portland...
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Thursday: CPI, Unemployment Claims and 2019 COLA

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Thursday: CPI, Unemployment Claims and 2019 COLA

Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week. • At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase...
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