California State

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

Business Insider

These are today's mortgage and refinance rates. Cooling inflation has helped mortgage rates fall, and they may drop further as the Fed cuts rates.

Mortgage Interest Rates Today, July 17, 2024 | Rates Are Down, and They Could Soon Go Even Lower

Fox Business

Rising home supply and anticipated lower mortgage rates to come will "open the floodgates" for a real estate market "boom," says RE/MAX's chairman and co-founder.

Real estate tycoon explains when house prices will start to drop and 'open the floodgates'

GOBankingRates

The housing market remains difficult for many Americans, both the buyers and the sellers. Inflation soaring rates, low inventory and home prices that continue to rise all are making the dream of...

3 Housing Markets That Will Rise in Value Before the End of 2024

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Coral Gables, FL

Edmond Thorne

Tragic End for South Florida Hispanic Building Tycoon Sergio Pino. Fort Lauderdale, FL - In a shocking turn of events, prominent South Florida homebuilder Sergio Pino was found dead in his Coral Gables home on Tuesday morning. The Miami-Dade County Medical Examiner's Office confirmed that Pino died from an apparent suicide.

South Florida Tycoon Dead After FBI Raids on Homes and Office

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Savannah, GA

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Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming. The 30-year fixed-rate mortgage averaged 6.77%, down significantly from last week's average of 6.89, according to Freddie Mac. That's the lowest level since mid-March. The 15-year fixed-rate mortgage also fell, averaging 6.05% this week.

Mortgage rates tumble; time for buyers to ‘get serious’

Rates on 30-year new purchase mortgages fell Wednesday to their lowest level in two and a half weeks, dropping to a 6.84% average. It's a notable improvement after rates started July above 7%. Rates for most other mortgage types also moved down Wednesday. National Averages of Lenders' Best Mortgage Rates.

Mortgage Rates Drop to Lowest Level Since Mid-June

In 1978, the Government Accountability Office reported an all-time high median selling price of $44,300 in America, according to Yahoo Finance. 45 years later, in Q4 of 2023, that figure was more than...

5 Reasons the Home Prices in Your Area Are Rising

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Reuters

(Reuters) -D.R. Horton tightened its annual forecast for home sales and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supplies prop up demand despite elevated mortgage rates, sending its shares to a record high.

D.R. Horton's home sales forecast, $4 billion buyback send shares to record high

Denver, CO

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David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Wall Street predicts the Federal Reserve will lower interest rates three times before the end of 2024. That expectation has driven a surge in shares of real estate technology company Redfin this month. Redfin stock still trades at a rock-bottom valuation, and it could be poised for significant upside when...

This Unstoppable Stock Is Up 41% in July, but It's Not Too Late to Buy

Alameda, CA

Alameda Post

Western bluebirds are among the most beautiful birds in Alameda. The male is intensely blue with bronze highlights and the female is equally beautiful, with more subtle coloration. Western bluebirds are now quite common in open-space areas of the city, but that was not always the case. Before 2010 they were rarely seen here, and for a few years after that they were seen only in winter around Crown Beach , traveling elsewhere to nest during spring.

With a Little Help, Western Bluebirds Are Nesting in Alameda

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

The average 30-year fixed mortgage interest rate is 6.83% today, down -0.14% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.31%, which is a decrease of -0.13% since last week. For a look at mortgage rate movement, see the chart below. The Federal Reserve...

Homebuying Picks Up As Rates Fall: Today’s Mortgage Rates on July 18, 2024

Just look at that beautiful pup! Lima is an adorable 5-month-old Husky who is smart, friendly, and a total sweetheart. It’s hard to believe this sweet girl was brought to FAAS after being abandoned in a grocery store parking lot, tied to a pole with an electrical cord used as a leash. She was just a few months old.

Lima is Looking for Love

NewsBreak

San Diego home prices increased in June as mortgage rates remain high

San Diego County home sale prices in June increased for the second consecutive month, as the 30-year fixed rate mortgage remained above 7% throughout most of...

San Diego home prices increased in June as mortgage rates remain high

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