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Mortgage Brokers

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

BEA: March Vehicles Sales at 17.5 Million SAAR

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BEA: March Vehicles Sales at 17.5 Million SAAR

The BEA released their estimate of March vehicle sales. The BEA estimated sales of 17.48 million SAAR in March 2019 (Seasonally Adjusted Annual Rate), up 5.7% from the February sales rate, and up 1.4% from March 2018. With the strong sales in March, 2019 is averaging 16.9 million (average of seasonally adjusted rate), just...
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Denver Housing Market 2019: Home Prices, Trends & Forecasts

Denver Housing Market 2019: Home Prices, Trends & Forecasts

Latest Denver Real Estate Market 2019 Statistics If you’re keen to invest in your future in the Denver real estate market 2019 and buy before prices become out of reach, you must peruse till the end. We’re going to give you an overview of Denver, Colorado before we go into the reasons why you would want to...
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Tuesday: Vehicle Sales, Durable Goods and More

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Tuesday: Vehicle Sales, Durable Goods and More

From Matthew Graham at Mortgage News Daily: Mortgage Rates Surge 0.125% Higher Mortgage rates spiked quickly today, capping a 3-day run leading back up from the lowest levels in more than a year. Today’s move was by far the biggest and it leaves the average lender offering rates that are at least an eighth...
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Reis: Apartment Vacancy Rate unchanged in Q1 at 4.8%

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Reis: Apartment Vacancy Rate unchanged in Q1 at 4.8%

Reis reported that the apartment vacancy rate was at 4.8% in Q1 2019, unchanged from 4.8% in Q4, and up from 4.7% in Q1 2018.  This ties the last two quarters as the highest vacancy rate since Q3 2012. The vacancy rate peaked at 8.0% at the end of 2009, and bottomed at 4.1%...
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Schedule for Week of March 31, 2019

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Schedule for Week of March 31, 2019

The key reports scheduled for this week are the March employment report, February Retail Sales, March Auto Sales, and the ISM Manufacturing survey. Also, the Q1 quarterly Reis surveys for office and malls will be released this week. —– Monday, Apr 1st —–8:30 AM: Retail sales for February is scheduled to be released.  The...
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Seattle Housing Market 2019: Home Prices, Trends & Forecasts

Seattle Housing Market 2019: Home Prices, Trends & Forecasts

Latest Seattle Real Estate Market 2019 Insight & Statistics If you’re keen to invest in your future in the Seattle real estate market 2019 and buy before prices become out of reach, you must peruse till the end. Seattle is an expensive real estate market that gives many investors pause. However, there are many reasons to invest...
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How To Invest In Real Estate: An Introduction

How To Invest In Real Estate: An Introduction

Introduction To Real Estate Investing Real estate investing is the purchase, ownership, management, rental and/or sale of any type of real estate for profit. It refers to any property owned solely for the purpose of generating profit, either through rental income or through market value appreciation. A real estate is an asset form with limited...
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Friday: New Home Sales, Personal Income and Outlays

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Friday: New Home Sales, Personal Income and Outlays

Friday:• At 8:30 AM ET, Personal Income, February 2019; Personal Outlays, January 2019. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.2%. • At 9:45 AM, Chicago Purchasing Managers Index for March. The consensus is...
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Real House Prices and Price-to-Rent Ratio in January

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Real House Prices and Price-to-Rent Ratio in January

Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 4.3% year-over-year in January It has been over eleven years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index (SA), was reported as being 12.0% above the previous bubble peak. However, in real terms, the...
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Hotels: Occupancy Rate Decreased Year-over-year

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Hotels: Occupancy Rate Decreased Year-over-year

From HotelNewsNow.com: STR: U.S. hotel results for week ending 16 March The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 10-16 March 2019, according to data from STR. In comparison with the week of 11-17 March 2018, the industry recorded the following: • Occupancy: -0.9%...
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