Real Estate, Updates, News & Tips - Cappie Stuff - iPro Real Estate

Welcome to the Team Mona Johnson Dealing the S.F. Bay Area

iProcurrently deals throughout the states of California, Texas,Florida, and New York. We continue to strive and broadenopportunities for real estate professionals and consumers. Visit iprore.com for the latestinformation and links.Click here for information onbecoming a salesperson.

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‘Unexpected’ Markets are among this Month’s Hottest

Smaller metro areas known for affordability won out realtor.com®’s list of top-performing markets in July. Several of the areas topping its list are industrial towns in the Rust Belt that have undergone revitalization, or are smaller, less pricier alternatives to a nearby larger city.Fort Wayne, Ind., hit the top spot on the hottest housing market list in July as one of three Indiana metros to be included in the 20 hottest marke

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Americans have Never felt this Good about Real Estate

Fannie Mae’s Home Purchase Sentiment Index surged to a new high as consumers became more upbeat about buying and selling, mortgage rates, and their jobs. Five of the six components measured by the index rose month over month.“Consumer job confidence and favorable mortgage rate expectations lifted the HPSI to a new survey high in July, despite ongoing housing supply and affordability challenges,” says Doug Duncan, Fannie Mae’s senior vice

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The Top Delays on the Road to the Closing Table

Overall, the majority of contracts continue to be settled on time. Seventy-six percent of contracts made it to closing as scheduled from April to June, according to the REALTORS® Confidence Survey, based on responses from more than 4,000 members. Twenty percent of contracts saw a delay, while only 4% were canceled altogether.The top contract problems causing a delay of settlements in June included:Issues related to obtaining financing: 35%Apprai

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Home Prices Post more Gains in Second Quarter

Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report from the National Association of REALTORS®, released Wednesday.5 Priciest Markets in Q2San Jose-Sunnyvale-Santa Clara, Calif., metro area: $1,330,000 (median existing single-family price)San Francisco-Oakland-Hayward, Calif.:

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Fail to Shop around for Mortgage, it’s your Loss

More than a third of home buyers say they did not shop around before selecting their mortgage lender, according to new findings from Fannie Mae’s National Housing Survey. That may mean they’re missing out in thousands of dollars in savings.Real estate professionals, with family and friends, may be among the most influential sources of advice regarding lender selection, notes Doug Duncan, Fannie Mae’s chief economist, in a new column at Fann

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Vacation Home Guilt is apparently a Thing

Nearly half of vacation homeowners say they feel guilty that they don’t use their home as much as they had intended, according to a new survey of 461 vacation homeowners from LendingTree. More than a third of vacation homeowners—37%—say they spend time in the home only once a year, or even less. About a quarter—26%—say they use their home more than five times each year.Forty percent of respondents say they’ve felt pressure from family

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TIP: What to do Before the Movers Show Up

Working with professional movers doesn’t mean the homeowner can escape the entire process. Homeowners will still need to prep the house for the moving company before they arrive to pack them up. Realtor.com® recently highlighted several of the items homeowners should do before the moving company arrives, including:Protect your floors.To help avoid damage to the house, remove anything fragile that could be in the path as furniture and boxes get

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Stock Volatility Signals what could Come Next

Stock market chaos ensued on Monday, with the Dow Jones Industrial Average plunging more than 700 points as trade disputes with China intensified. The turmoil in the markets will likely lead to new lows for mortgage rates this week, but it could come at a cost and eventually lead to an economic recession if tensions continue, warned the National Association of REALTORS®’ Chief Economist Lawrence Yun.“The prospect of a major trade war be

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Consumers have Unreasonable Remodeling Budgets

Rising costs for construction materials and labor are making home improvement projects more expensive, yet too many homeowners are setting unrealistic budgets, according to the 2019 Kitchen and Bath Market Index report, which reflects second-quarter figures. The report, conducted jointly by the National Kitchen & Bath Association and John Burns Real Estate Consulting, is based on responses from 457 NKBA members.Estimated Cost of Common Interi

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