Michael Mish NMLS#71871
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Stale listings; Diamonds in the rough? There’s a buyer for every home. Or is there?
Markets get a boost on lower than expected Consumer Price Index The improvement in rates began yesterday on the very strong 10 year note auction that implied markets were...
Adding soothing, neutral accents to your bathrooms It wasn’t that long ago that bathrooms were simply “necessary rooms.” Usually one per house. Kids lined up...
Real estate metrics reveal a shocking statistic Price per square foot. It’s a measure used mostly in the construction industry. But when...
ADP jobs report shows weakening service sector ADP reported May private jobs weaker than forecasts at 152K against estimates of 175K, April jobs revised lower...
Heat pumps: the future of warmth in the American home Now that summer is upon us, it may not be the most opportune time to talk about heating a home. But...
While real estate is a numbers game, the market is slowly creeping toward balance Seems anyone and everyone interested in real estate is getting whiplash trying to figure out what the daily news portends...
Weak Treasury Auctions set markets back The markets got hit hard yesterday on the very weak 2 year and 5 year auctions...
Homebuyers need patience as well as a strategy In some instances, buying a home in today’s market amounts to a lot more than making an offer, crossing your fingers, and hoping for the best...
The biggest source of volatility today is the afternoon release of the FOMC minutes The 10 year note began up 4 bps from yesterday’s decline of 3 bps. MBS prices yesterday...
Home staging sells the sizzle so buyers want the steak Stores do it and you don’t even realize it. You walk past a chic clothing establishment and your eyes are drawn to the store’s entry...
Exploding prices continue to define the luxury home market Value is — and always has been — in the eye of the beholder especially with the well-heeled homebuyer...
The Consumer Price Index shows a decrease in inflation Traders and markets waited two weeks for current inflation data, yesterday April PPI data revealed...
The bank of Mom and Dad: high home prices lead to unusual solutions Homeowner. It’s a word not as many members of younger generations can slap on themselves these days. Many are resigned to...
Proposed legislation may have no effect on home prices The drive to bring down-home prices is not going well...
Mortgage applications on the rise Weekly MBA mortgage applications improved last week, applications rose by 2.6% from the prior week in the period ending...
Put a cork in it. Why not? It may just be one of the best-kept secrets around when it comes to renovating or redecorating your house. It’s great for soundproofing, heat-proofing, waterproofing, and more...
Shaking loose a stagnant real estate market might take drastic measures What goes up must come down? High in the sky home prices now seem like a hot air balloon with no release valve...
The focus today will be the FOMC policy statement Its May Day and the FOMC meeting. Rates began unchanged from yesterday’s selling...
We are thrilled to announce the launch of the DoorOpener DPA Program and Spec Construction programs, opening the door to homeownership for more homebuyers and paving the way for new relationships with builders. Read more about these exciting new programs: https://onetrusthomeloans.com/press/mortgage-lender-onetrust-home-loans-announces-the-launch-innovative-programs/
How to avoid homebuyer ‘shot-in-foot’ syndrome You don’t simply buy a home these days. You compete for one. The home-buying season is now well underway, so it’s time to jockey for position...
March durable goods orders exceed expectations even as February’s orders revised significantly lower March durable goods orders expected +2.3%, increased 2.6% but February orders were revised lower...
Ushering ‘porch birds’ to a different locale You may see it as a sign of good luck when a wild bird or two visits your porch. But when their friends decide...
Never underestimate the value of professional real estate agent representation Click the link; buy a sofa. Click on another; buy a pergola for your backyard...
Markets see a minor rebound Overnight a little volatility but well within the narrow range, the 10 year note hit a low of 4.64% -3 bps and a high at 4.69% +2 bps. At 8:30 am ET the note traded at...
Downsizing after retirement: A decision best made with careful consideration Retirement can be a happy time. Earning downtime not steeped in paychecks and limited vacation days has a nice ring to it...
Rate cuts in 2024? There’s no ‘there there’ quite yet Inflation jumped in March, giving the U.S. Federal Reserve ammunition to hold off on those eagerly awaited...
Markets experience major setback on higher than expected CPI The day the world awaited, March CPI. Prior to the 8:30 am ET release the 10 year note traded down 2 bps, MBS prices were...
California homeowners with large homes sites can now become land barons With California’s housing shortage now in epic proportions, a 2021 law named SB9 allows single-family homeowners around the state to split their lots in two, and build two homes on each lot...