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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Tag Archives: News
House Votes to Repeal Key Aspects of Dodd-Frank
Daily Real Estate News | Friday, June 09, 2017 The House voted on Thursday, mostly along partisan lines, to roll back many of the banking rules under the Dodd-Frank Act of 2010, which increased regulatory oversight of financial institutions. Some … Continue reading
Posted in Mortage/ Finance News
Tagged community, credit, data, economy, event, family, favor, financial crisis, government, growth, home, house, housing, increase, Law, lending, loan, money, Mortgage, national association of realtors, News, opportunity, real estate, realtor, recession, Sale, Sales, WA, washington
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Homeowners Cash in on Equity in Droves
Daily Real Estate News | Thursday, June 01, 2017 Homeowners may be reluctant to sell, but they still want to see a piece of that equity in their homes now. They’re cashing out in levels that have not been seen … Continue reading
Posted in Mortage/ Finance News
Tagged data, equity, family, financial crisis, freddie mac, home, home prices, homeowners, homes, house, Houses, increase, loan, market, money, Mortgage, national association of realtors, News, price, properties, real estate, realtor, rising home prices, Sale, Sales, size
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Credit Scores Hit Record High
Daily Real Estate News | Wednesday, May 31, 2017 Credit scores among U.S. consumers surged to a record high this spring. Further, the share of borrowers considered among the riskiest borrowers hit a record low. The higher credit scores could … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, credit, credit report, credit score, data, economy, event, events, Fall, family, financing, foreclosure, home, Lender, lenders, loan, market, Mortgage, national association of realtors, News, real estate, realtor, recession, risk, Sale, Sales
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Lower Rates Buoy Refis, Not New Mortgages
Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading
Posted in Mortage/ Finance News
Tagged 30-year, AGO, borrowers, buyers, data, family, favor, financing, for sale, home, home prices, home purchases, homeowners, homes, homes for sale, loan, market, Mortgage, mortgage rates, mortgages, national association of realtors, News, price, real estate, realtor, refinancing, Sale, Sales, trends
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Time on Market Hits New Low in April
Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading
Posted in Real Estate News
Tagged AGO, buyers, closing, data, days, existing home, family, fast, for sale, foreclosure, home buyer, home sale, home sales, homes, homes for sale, housing, increase, look, market, metro area, NAR, national association of realtors, News, offer, price, prices, real estate, realtor, Sale, Sales, seasonal, selling, short sale, Sold, time, value
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Owners, Appraisers Aren’t Seeing Eye-to-Eye
Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading
Posted in Mortage/ Finance News, Real Estate News
Tagged appraisers, closing, data, equity, family, home, home prices, home value, homeowners, loan, market, money, Mortgage, national association of realtors, News, perception, price, real estate, realtor, Sale, Sales, size, values
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