In her opening remarks, Swanson discussed initiatives among mortgage lenders to move more operations online. Based on discussions she has with these institutions, her advice is to actively engage millennials via social media. "Meet us online," she said, adding "whether you like it or not, we'll tell you what we think."
And during his presentation, Mark Palim, vice president for applied economic and housing research at Fannie Mae, gave the big reasons why millennials don’t want to buy homes. The primary reason? Perception that they won't qualify and can't meet the down payment. -- Jacob Gaffney in HousingWire http://www.housingwire.com/articles/34097-heres-why-millennials-arent-buying-homes
-------------------------------------------Nat'l Real Estate Post:
The secret of using Yelp to build your business. And it's free!
http://thenationalrealestatepost.com/the-secret-of-using-yelp/?
-------------------------------------------
Shared by James Harrison, Dubrovnik Croatia
-------------------------------------------
Mortgage rates are officially back above 4% for the first time in over seven months, Freddie Mac’s Primary Mortgage Market Survey found. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/34159-freddie-mac-mortgage-rates-finally-drift-back-above-4
-------------------------------------------
As Nela Richardson, chief economist at Redfin, so eloquently said in the panel, millennials, unlike other generations, are willing to wait on the sidelines until a house comes up that they truly love. -- Brena Swanson in HousingWire http://www.housingwire.com/blogs/1-rewired/post/34162-trending-thursday-millennials-millennials-cfpb-millennials
-------------------------------------------
Shared by James Harrison, Singapore Gardens by the Bay
-------------------------------------------
Interested in seeing where today's Americans are packing up and relocating to? SpareFoot was, and that's why they put together a statistical graphic of where the U.S. population is booming.
Communities to the south and west dominate recent population growth trends, with a few exceptions. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/34174-this-1-chart-shows-exactly-where-americans-are-moving-and-buying-homes
-------------------------------------------
Shared by James Harrison, taken by Kamal Bennani , Sacre Coeur, Paris
-------------------------------------------
I had to include this YouTube video! What every high end home needs=)
https://www.youtube.com/watch?v=Gw9jHC9zRJA&feature=youtu.be
-------------------------------------------
Home builder confidence in the market for newly built, single-family homes is at its strongest level in a year, according to the latest Housing Market Index (HMI) released by the National Association of Home Builders (NAHB) and Wells Fargo.
June’s HMI rose five points to a level of 59, its highest reading since September 2014. All three HMI components enjoyed significant spikes this month: the component measuring current sales conditions jumped seven points to 65, while the index charting sales expectations in the next six months increased six points to 69 and the component tracking buyer traffic rose five points to 44. -- Phil Hall in National Mortgage Professional, http://nationalmortgageprofessional.com/news/54502/what-crisis-home-builder-confidence-yearly-high?
---------------------------------------------
Shared by Valentina Cirosola, taken by Gary Lo, San Francisco at night.
-------------------------------------------
No comments:
Post a Comment