Newsy Real Estate Links

Current Links to Real Estate News

“Yeah we all shine on, like the moon, and the stars, and the sun.”
~ John Lennon
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Home buyers have “window of
opportunity” with shift to more
balanced market
With more plentiful inventory, recently announced increases in
lending limits, and moderating prices, prospective home buyers
are finding more options around Western Washington, according
to industry experts from Northwest Multiple Listing Service.
http://www.northwestmls.com/index.cfm?/News–Information
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Here’s when the City Council
could upzone Seattle
neighborhoods
The City Council outlined a tentative timeline for when it might
approve upzones in parts of more than two dozen neighborhoods
across Seattle.
https://www.seattletimes.com/seattle-news/politics/heres-when-the-city-council-could-upzone-seattle-neighborhoods/
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Fed still likely to raise interest
rates in December, economists
say — even as stock market
gyrates
The FOMC “made clear” in the minutes of the November
meeting that they intend to raise interest rates in December
and “their whole mantra has been that gradual rate hikes
remain appropriate,”
https://www.marketwatch.com/story/fed-still-likely-to-raise-interest-rates-in-december-economists-say-even-as-stock-market-gyrates-2018-12-06
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If you haven’t waded into
Seattle’s real estate (but want
to) now’s the time
The Seattle market is cooling, and experts think now is the
perfect time to take a first dive in
https://www.seattlepi.com/realestate/article/Seattle-real-estate-buy-primer-millennial-new-13440137.php
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Winter Might Actually Be the
Best Time to Sell Your Home:
Here’s Why
Spring and summer are the most popular times of year to sell a
house, but winter hides surprising potential to make even more
cold, hard cash.
http://videos-a.jwpsrv.com/content/conversions/Obf13ESt/videos/Xt5nyFLk-21944002.mp4?hdnts=exp=1544244166~acl=*/Xt5nyFLk-21944002.mp4~hmac=092f46e1503e455772b1cfdc138010e399a03b8feb7a179263763896b760adfd
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How to Create a Holiday-Themed
Kitchen
Bring the ho, ho, ho to the heart of your home! The holidays are
here and you’ll want to make sure your kitchen is prepped for the
season! Here are some things you can do right now to get your
kitchen ready for a party!

How to Create a Holiday-Themed Kitchen


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U.S. Residential Real Estate
Markets are Peaking and Some
Cities are in a Pricing Bubble,
BH&J Buy vs. Rent Index Shows
U.S. metropolitan residential real estate markets are peaking and
some cities are in another pricing bubble, according to the latest
national index produced by Florida Atlantic University and
Florida International University faculty.
https://www.prnewswire.com/news-releases/us-residential-real-estate-markets-are-peaking-and-some-cities-are-in-a-pricing-bubble-bhj-buy-vs-rent-index-shows-300759260.html
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BERACHA, HARDIN & JOHNSON
BUY VS. RENT INDEX
The Pending Home Sales Index,* www.nar.realtor/pending-
home-sales, a forward-looking indicator based on contract
signings, decreased 2.6 percent to 102.1 in October, down from
104.8 in September. However, year-over-year contract signings
dropped 6.7 percent, making this the tenth straight month of
annual decreases.
https://www.nar.realtor/newsroom/pending-home-sales-slip-2-6-percent-in-october
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How exactly are loan interest
rates determined?
Let’s say that two people walk into a bank for a loan. Both have
similar jobs. Both have similar backgrounds and both have
similar debt. However, one will receive a lower interest rate on
his loan than the other.
https://www.theadvertiser.com/story/news/local/2018/12/02/how-exactly-loan-interest-rates-determined/2163494002/
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Seattle’s housing crunch could
be eased by changes to single-
family zoning, city report says
In case global warming makes their homes uninhabitable, some
millennials have a Plan B: investing in places like the Catskills,
Oregon and Vermont.

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Luxury home sales could see
long winter chill
Luxury home prices are seeing the smallest gains in nearly two
years
https://www.cnbc.com/2018/12/04/the-housing-market-is-cooling-and-toll-outlook-shows-luxury-hit-hard.html
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Seattle-area home prices drop
again — down 11 percent in last
six months
The cool-down in King County’s real-estate market has now
reached six months, and the drop in home prices over that span
is among the largest on record.
https://www.seattletimes.com/business/real-estate/seattle-area-home-prices-drop-again-with-6-month-decline-among-largest-ever/
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Fewer Americans are flipping
homes — and that’s a bad sign
for the housing market
‘Home flipping acts as a canary in the coal mine for a cooling
housing market.’
https://www.marketwatch.com/story/fewer-americans-are-flipping-homes-and-thats-a-bad-sign-for-the-housing-market-2018-12-06
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Why so many property listings
advertised as ‘bargains’ sell
above the asking price
Buyers in San Jose, Calif. and Dayton, Ohio will find wildly
different versions of ‘bargain’ home listings, a new report finds
https://www.marketwatch.com/story/found-a-home-listing-that-claims-to-be-a-bargain-it-could-be-depending-on-where-you-are-2018-11-15
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Conquering the Clutter Before
the Spring Selling Season
If you plan to put your home on the market this spring, one of t
he first steps you should take is corralling the clutter and getting
your home organized. There’s a lot to do before the for-sale sign
goes up, and spring will be here before you know it, so why not
start the process after the holidays. Here are a few ideas to get
you started.

Conquering the Clutter Before the Spring Selling Season


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Active Home Buyers are
Spending Significant Amounts
of Time Looking for the Right
Home
In the third quarter of 2018, 13% of adults in NAHB’s Housing
Trends Report* poll report planning to purchase a home in the
next 12 months. Of that group, 46 percent are not merely
planning it, they are already actively engaged in the search for
the right home to buy. And they are spending significant
amounts of time looking. In fact, 54% of those actively engaged
in the process have been trying to find the right home for three
months or longer.

Active Home Buyers are Spending Significant Amounts of Time Looking for the Right Home


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The Housing Slowdown Is Here
and These 10 Cities Are Getting
Hit Hardest
The real estate market has begun to slow down—and house
hunters have taken note. We found the top 10 markets that are s
lowing the most.
https://www.mysanantonio.com/realestate/article/The-Housing-Slowdown-Is-Here-and-These-10-13438791.php
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Winter Might Actually Be the
Best Time to Sell Your Home:
Here’s Why
Spring and summer are the most popular times of year to sell a
house, but winter hides surprising potential to make even more
cold, hard cash.
http://videos-a.jwpsrv.com/content/conversions/Obf13ESt/videos/Xt5nyFLk-21944002.mp4?hdnts=exp=1544244166~acl=*/Xt5nyFLk-21944002.mp4~hmac=092f46e1503e455772b1cfdc138010e399a03b8feb7a179263763896b760adfd
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Christmas Light Safety Tips:
Did You Deck Your Halls the
Right Way?
These Christmas light safety tips will help you get in the
holiday spirit and reduce your risk of fire or electric shock
injuries.
https://www.realtor.com/advice/home-improvement/christmas-light-safety-tips/
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A Silicon Valley Retreat Where
‘Star Trek’ Meets ‘Star Wars’
Now a 49-year-old tech entrepreneur, Mr. Qurashi has made
futuristic features a reality in his gadget-filled Northern
California home, where he can open the shades while lying in
bed and set the temperature of the shower before entering the
bathroom.
https://www.realtor.com/news/unique-homes/silicon-valley-retreat-star-trek-meets-star-wars/

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Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an aging retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility


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“Owning a home is a keystone of wealth… both financial affluence and emotional security”.

~ Suze Orman

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Metro Seattle home prices falling at fastest rate in U.S.

Seattle had led the nation in home price increases for nearly two years and had been among the top two markets in the country for almost three years, but that has changed recently.

https://www.seattletimes.com/business/real-estate/metro-seattle-home-prices-falling-at-fastest-rate-in-u-s/

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Portland real estate market sees a slowdown

The Portland real estate market has been sizzling hot for years, but now it seems to be slowing down just a little.

https://www.kgw.com/article/money/business/portland-real-estate-market-sees-a-slowdown/283-618601586

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S&P/Case-Shiller WA-Seattle Home Price Index

Economic Research from the Federal Reserve Bank of St. Louis lays out the Case Schiller report in an easy to read format!

https://fred.stlouisfed.org/series/SEXRNSA ______________________________________________________________________________________________________________

S&P/Case-Shiller OR-Portland Home Price Index

Economic Research from the Federal Reserve Bank of St. Louis lays out the Case Schiller report in an easy to read format!

https://fred.stlouisfed.org/series/POXRNSA

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Understanding The Case-Shiller Housing Index

You’ve probably heard the Case-Shiller Index mentioned repeatedly in the news. Maybe you know it has something to do with home prices and the housing market. But what is this index, exactly, and how does it

https://www.investopedia.com/articles/mortgages-real-estate/10/understanding-case-shiller-index.asp

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Pending Home Sales Slip 2.6 Percent in October

The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, decreased 2.6 percent to 102.1 in October, down from 104.8 in September. However, year-over-year contract signings dropped 6.7 percent, making this the tenth straight month of annual decreases.

https://www.nar.realtor/newsroom/pending-home-sales-slip-2-6-percent-in-october

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How Will Real Estate Handle Rising Interest Rates?

Areas with strong job growth may be able to weather higher mortgage rates, analysts say.

https://money.usnews.com/investing/real-estate-investments/articles/how-will-real-estate-withstand-rising-interest-rates

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Fed Minutes Signal December Interest Rate Increase

The Federal Reserve is poised to raise interest rates at its next policymaking session in mid-December,

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Climate Change Insurance: Buy Land Somewhere Else

In case global warming makes their homes uninhabitable, some millennials have a Plan B: investing in places like the Catskills, Oregon and Vermont.

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4 Tips for Investing in Property in Another Area

Investors should look for growing regions and then pay attention to the taxes.

https://money.usnews.com/investing/real-estate-investments/articles/2018-08-16/4-tips-for-investing-in-property-in-another-area

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Rising interest rates, home prices will make buying, selling a home tougher in 2019

In this Rising home prices and interest rates are expected to make buying and selling a home more difficult in 2019. Portland and South Portland are expected to see sales growth of single-family homes fall half a percent next year, though prices will continue to rise close to 5 percent, according to a realtor.com 2019 housing forecast.

Rising interest rates, home prices will make buying, selling a home tougher in 2019

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Realtor.com’s 2019 Housing Forecast Is Pretty Interesting

Here’s a look at realtor.com’s® housing forecast for 2019. Look at rising mortgage rates to play an even greater part in affordability. Realtor.com looks to San Jose-Sunnyvale-Santa Clara, Calif.; Seattle-Tacoma- Bellevue, Wash.; Worcester, Mass.-Conn.; Boston-Cambridge-Newton, Mass.-N.H.; and Nashville-Davidson– Murfreesboro–Franklin, Tenn for potential double-digit inventory gains.

https://www.forbes.com/sites/ellenparis/2018/11/29/realtor-coms-2019-housing-forecast-is-pretty-interesting/#2e356bb616cd

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What is your Burnout prevention plan for 2019

Over the past year, as prices continued to rise, the median home value in more than 100 neighborhoods crossed into $1 million territory.

https://www.trulia.com/research/million-dollar-neighborhoods-nov18/

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‘Psychologically scarred’ millennials are killing countless industries from napkins to Applebee’s

The concept of “starter homes” — they’re renting longer and buying expensive houses later

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The Man-Made Affordable-Housing ‘Crisis’

In Mandarin English, these domiciles are “accessory dwelling units,” smaller secondary residences built on the lots of other houses.

https://www.nationalreview.com/2018/11/affordable-housing-crisis-man-made-regulations/

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Future U.S. seniors to face housing crunch as wealth declines

In years to come, the housing picture will become even more gray as baby boomers head into their seventies and eighties.

https://www.reuters.com/article/us-column-miller-housing/column-future-u-s-seniors-to-face-housing-crunch-as-wealth-declines-idUSKCN1NY1CJ

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The housing market is having a wobble

House prices are rising nationally just as, according to Freddie Mac (a government-backed mortgage insurer), the effective rate on home loans has risen by 0.8 percentage points since 2017.

https://www.economist.com/united-states/2018/12/01/the-housing-market-is-having-a-wobble

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Airbnb will start testing prototype homes next year, report says

The new project, called Backyard, will assess how novel manufacturing techniques, connected devices and feedback from Airbnb customers can be used to design new types of buildings that adapt to flexible living arrangements.

https://www.seattletimes.com/business/real-estate/airbnb-will-start-testing-prototype-homes-next-year-report-says/

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The 4 Key Trends Home Buyers and Sellers Should Watch in 2019

Now, markets are like the weather: You can’t entirely predict how they will act, but you can get a sense of the forces that will push things in one direction or another.

https://www.realtor.com/news/trends/real-estate-trends-expect-2019/

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Desert Delight! Luxe Midcentury Modern in Palm Springs Gets Full Makeover

If you’re into shades of sea foam green and mauve, boomerang tables, and “Mad Men” marathons, you already know Palm Springs is the mothership for midcentury modern housing stock.

https://www.realtor.com/news/unique-homes/midcentury-modern-makeover-palm-springs/

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Market Hotness Index

Metro Hotness – Zip Code and County Hotness

Market Hotness Index

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HOUSING STATISTICS

Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.

http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311

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Economic Indicators

U.S. Census Bureau Economic Indicators

https://www.census.gov/economic-indicators/

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CoreLogic Home Price Insights

The most geographically comprehensive and current home price index.

http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

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Bureau of Economic Analysis

U.S. Economy at a Glance

http://www.bea.gov/index.htm

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U.S. Housing Market Tracker

The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.

http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive

Compilation of Weekly Survey Data for 2015

http://www.freddiemac.com/pmms/archive.html

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Housing Economics

NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.

https://www.nahb.org/en/research/housing-economics.aspx

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“This Weeks Links” are compiled by John Deely