Thanks for Subscribing
Recent Additions
Success Story of the Week: How to Beat a Bad Appraisal
What happens when a homebuyer is buying a beautiful ocean front condo for $850,000 and the appraiser (from the valley) says it’s worth $760,000? We go to work proving him “in error” (cleaned up language because this newsletter is PG). Yes, this appraiser thought that...
Economic News this Week: Lots of news with little movement
Lots of news with little movement. On Monday the Existing Homes for May fell 1.8% year over year, mostly due to tight inventory. The markets were quiet on that news, and because all eyes were on the Fed meeting on Tuesday and Wednesday, almost every investor had hit...
Economic News This Week: Not much movement in the rates
It was a quiet week this week, so not much movement in the rates. The big number was Thursday’s June housing starts - a much bigger number than expected at 8.2%. Also, building permits were up 7.3%, which should have made rates go up more, but they did only slightly....