{"id":14806,"date":"2016-06-10T16:54:36","date_gmt":"2016-06-10T20:54:36","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=14806"},"modified":"2024-12-30T11:06:04","modified_gmt":"2024-12-30T16:06:04","slug":"real-estate-resource-roundup-61016","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/real-estate-resource-roundup-61016\/","title":{"rendered":"Real Estate Resource Roundup – 6\/10\/16"},"content":{"rendered":"

Did you know on this day in 1752 Benjamin Franklin<\/a> flew his kite in the middle of a thunderstorm and discovered electricity? Talk about a “spark” of inspiration!<\/p>\n

Catch up on all the latest real estate news and industry updates from the week in the real estate resource roundup:<\/p>\n

Lower Rates Boost Loan Demand<\/a>
\nAccording to the Mortgage Bankers Association, mortgage rates lowered last week, which helped to lift mortgage applications. Total mortgage applications, which includes those for home purchases and for refinancing, rose 9.3 percent.<\/p>\n

No Fed Rate Hike in June<\/a>
\nAs measured by the CME FedWatch tool, there was a roughly 36% chance of a rate hike in June just a few weeks ago, but now that probability has fallen to just 4 percent.<\/p>\n

Rising Home Prices Lift US Wealth, Even as Stocks Fall<\/a>
\nThe Federal Reserve said that U.S. household net worth increased by 1 percent in the first quarter, while Americans’ stock and mutual fund portfolios shrank $160 billion, as home values increased $498 billion.<\/p>\n

Single Women Make Up 2nd Largest Home Buying Group<\/a>
\nAccording to the\u00a0<\/em>2015 Profile of Home Buyers and Sellers, single women made up 18% of all first-time homebuyers last year, second only to married couples who made up 54% of total buyers.<\/p>\n

NAR\u00ae Discovers Top Purchase Markets for Millennial Homebuyers<\/a>
\nA flurry of financial obstacles and lifestyle choices are stalling the journey to homeownership for many young adults, but becoming a homeowner is currently more feasible in some less expensive metro areas with steady job growth and lower qualifying incomes needed to buy, according to new research by the\u00a0National Association of REALTORS\u00ae.<\/p>\n

Buying or Renting, Housing Affordability Just Gets Worse<\/a>
\nMortgage rates may be hovering near record lows, but it’s not enough to counter the sky-high\u00a0and still rising prices in many of the nation’s largest housing markets.<\/p>\n

America\u2019s Most Undervalued And Overvalued Housing Markets 2016<\/a>
\nThe undervalued and overvalued markets have fairly distinct geographical breakdowns \u2013 overvalued in the West and Southwest and undervalued in the Northeast. Job growth is one common thread, but the other is a throwback to the housing crash and how different states handle foreclosures.<\/p>\n

In case you missed it here on Clean Slate, check out our simple guide to using Google Adwords for real estate marketing<\/a>.\u00a0As always, be sure to follow #BHGRE<\/a> on Facebook<\/a> and\u00a0Twitter<\/a>\u00a0for more updates.<\/p>\n","protected":false},"excerpt":{"rendered":"

Did you know on this day in 1752 Benjamin Franklin flew his kite in the middle of a thunderstorm and discovered electricity? Talk about a “spark” of inspiration! Catch up on all the latest real estate news and industry updates from the week in the real estate resource roundup: Lower Rates Boost Loan Demand According […]<\/p>\n","protected":false},"author":181,"featured_media":14813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,151],"tags":[8251,19951,27081,33851,36971,39371],"class_list":["post-14806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-post","category-news","tag-closing-disclosure","tag-housing-market","tag-millennial-homebuyers","tag-rate-hike","tag-rising-home-prices","tag-single-women"],"yoast_head":"\nReal Estate Resource Roundup - 6\/10\/16 - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"description\" content=\"BHGRE\u2019s Real Estate Resource Roundup provides some of the most inspiring, cutting-edge and industry-relevant topics from the past week.\" 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