12/13: MetroIntelligence Economic Update by P. DUFFY

November new home mortgage applications fell 17 percent from October but rose 27 percent year-on-year The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2019 shows mortgage applications for new home purchases fell by 17 percent from October, but increased 27.1 percent compared from a year ago. https://www.mba.org/2019-press-releases/december/november-new-home-purchase-mortgage-applications-increased-271-percent   Federal Reserve opts to keep interest rates unchanged in December meeting The Committee decided to maintain the target range for the federal funds rate at 1.50 to 1.75 percent. The Committee judges that the current stance of monetary…

Read More

Shrinking Homes, More Millennial Buyers Top 2 U.S. Housing Market Predictions for 2020

Homes will get smaller, bold colors and prints will return and demand will stay high as more people reach typical homebuying age… Read More World Property Journal https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-millennial-home-buyer-report-for-2020-zillow-housing-data-top-real-estate-trends-for-2020-shrinking-homes-trend-skylar-olsen-11716.php

Read More

2020 Houzz Home Design Trend Predictions

For home owners that seeking the latest trends in home design and décor Houzz is proud to provide you with the 10 trends in 2020… Read More Reality Biz News https://realtybiznews.com/2020-houzz-home-design-trend-predictions/98756841/

Read More