Joe & Lynn Schnurr's Blog

10 Markets Where Homes Are Selling the Fastest Daily Real Estate News | Tuesday, April 22, 2014 Denver tops the list of more than 140 metros where homes are on the market for the fewest number of days, unseating Oakland, Calif., for that top spot, according to realtor.com®’s National Housing Tren...

More Homes Hit the Market in Time for Spring Daily Real Estate News | Wednesday, March 19, 2014 Inventories of homes for sale have increased 10 percent year-over-year, signaling growing seller optimism and a strong, early start to the spring home-buying season, according to realtor.com®’s latest ...

A First-Ever Flip in Mortgage Affordability DAILY REAL ESTATE NEWS | THURSDAY, SEPTEMBER 05, 2013 For the first time ever, interest rates for jumbo mortgages have dropped below the average rates for conforming mortgages, lenders say. The average interest rate for a 30-year fixed-rate conforming m...

Buyer Demand Soars, But Where Are the Houses? Daily Real Estate News | Thursday, March 21, 2013   Buyer demand is rapidly rising, but the housing market is realizing they may not have the inventory to meet it. “The housing turnaround seems to have caught almost everyone in the business by surpris...

Daily Real Estate News | Wednesday, February 15, 2012 More people are flocking to the South, according to a list from Penske Truck Rental on the top moving destinations from last year.  Atlanta once again tops the list, which was compiled through online consumer truck rental reservations by Pensk...

Daily Real Estate News | Wednesday, February 15, 2012 Tax time is nearing and once more rumors are circulating on the Internet and by e-mail that the health care reform law enacted two years ago includes a 3.8 percent transfer tax on real estate starting in 2013. That rumor is not true; NAR has m...

Daily Real Estate News | Friday, February 17, 2012 Housing starts rose 1.5 percent in January from December, led by a surge in apartment construction, the Commerce Department reported Thursday.  Housing starts in January reached a seasonally annual rate of 699,000 units, reaching its highest lev...

Daily Real Estate News | Friday, February 17, 2012 Housing affordability rose to a record high during the fourth quarter of 2011, which means a home buyer’s purchasing power is greater than it ever has been before, according to the National Association of Home Builders/Wells Fargo Housing Opport...

Housing Can Be 'Key Engine of Job Growth' Daily Real Estate News | Thursday, October 06, 2011 The National Association of Home Builders is stressing the need for policymakers to remove anti-housing b...

Existing-Home Sales Rise in Most States in First Quarter; Metro Area Prices Mixed Washington, DC, May 10, 2011 Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw pric...