Friday, June 12, 2015


Realtor.com midyear report: the housing market is on track for its best year since 2006  

RealtyTrac spin on housingthe Goldilocks Home Price Analysis April 2015 , provide 3 interactive heat maps on
  • Home Prices Too Hot (sizzling in SF, DC, Fargo, Winston-Salem)
  • Home Prices Too Cold (frigid in St Louis, Baltimore, Pittsburgh, Atlanta)
  • Home Prices Just Right (Riverside, Chicago, Minneapolis, Albany, Cape Coral)

After the Bust: retired and still saddled with a mortgage.  30% of 65+ homeowners had a mortgage in 2013, up from 22% in 2001. Those 75+ jumped from 8% in 2001 to 21% in 2011.  

Distressed properties represent 10% of all sales. As a comparison, they were 15% in 2014. RealtyTrac research on strongest distressed market has identified Allentown and Bethlehem, PA at the top, followed by Toledo, Cleveland, and Detroit. Memphis, parts of Mississippi and Arkansas are up there, as well.

Zillow posts$200K homes with stunning curb appeal. take a look

Walk While WorkingZillow employees do 1-on-1 meetings in their "treadmill room!"

The latest Mortgage Rates: 30 Year fixed at 4.00% and 5/1 ARMS at 2.99%. Expect investor rates to run about ½ point higher on loans. (These are AOL/Zillow.com reported average rates as of Thursday)  

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