The average person should know the difference between a Ferrari and a Toyota Corolla, but I bet you could stump anyone by saying that a Porsche was on a list of the slowest cars in the world. Well technically its power comes from man and it’s not really a Porsche nor is it technically a car, however it is modeled after the Porsche 911.
The slowest-moving markets were Triangle, NC (Raleigh-Durham) and Philadelphia, each of which saw 10% of homes under contract within two weeks. Denver is the only market among the five fastest.
Eight of the 10 fastest-moving housing markets are there, and homes are selling much faster than in the Northeast, South, and Midwest. In fact, fewer than 30% of homes for sale in the three San francisco bay area metros remained on the market after two months.
Are more borrowers really taking out non-agency reverse mortgages? Originators weigh in In terms of taking down what they bid on. The pain trade is getting more and more painful. 10s are up to 3.13% and mortgages seem to be one of the sources of excessive weakness in the bond market..
Trulia Chief Economist jed kolko dives into the latest. Among the 25 largest rental markets, rents are rising fastest in San Francisco, Portland, and Seattle, while they’re falling slightly in.
in eight of the 10 fastest-moving markets, the year-over-year increase in asking prices exceeded the national average of 10%.â Here’s a list of the top 10 sizzling real estate markets according to.
Mortgage compliance needs a ginormous injection of common sense So I don’t know what prime has to get to make that a common net interest margin. Certainly, that’s our goal. We all think that to be successful in the banking business and be profitable, you need to ..
What are the Best Currency Pairs to Trade? Reading time: 9 minutes. Name a market that never closes during the working week, has the largest volume of the world’s business, with people from all countries of the world participating every day. Yes, you guessed right – the Foreign Exchange Market.
Homes sell faster in Seattle than in any other U.S. real estate market, according to Trulia report. No surprise, but Seattle is at the top of the list of the 10 markets where the number of list-to-sale days is shortest. The city is tied with San Francisco and San Jose, Calif., at 36 days. No market on the list is above 45 days, with Portland and Tacoma, Wash., also showing up.
FHFA: Mortgage rates continue to climb Fixed mortgage rates were up for the third consecutive week, according to new data from Freddie Mac. The 30-year fixed-rate mortgage (frm) averaged 4.17 percent for the week ending April 18, up from last week when it averaged 4.12 percent.
Eight of the top 10 markets were in California, according to the Trulia data, while all the 10 bottom markets were in the eastern half of the country, including Columbia, S.C., Knoxville, Tenn.
Trulia economist Ralph McLaughlin writes in a report this week titled “Catch It If You Can”: Of the top ten fastest moving markets [.] the highest concentration [is] in the San Francisco Bay Area..