July 26, 2019 REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Existing Homes Falling Despite Mortgage Rates                 Existing home sales dropped 1.7% to a seasonally adjusted annual rate of 5.27 million units in June, according to data from the National Association of Realtors. This is sur Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 07/26/2019
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July 19, 2019 REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Commercial Real Estate Flashing Warning Signs                 Commercial real estate is usually ahead of residential real estate in the market cycle, meaning it peaks earlier and falls earlier; it’s a good leading indicator of real e Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 07/19/2019
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July 12, 2019 REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Rental Demand Rapidly Increases                 Demand for apartments increased by 11% in the 2nd quarter compared to a year ago, while rents have also increased. Rents have increased by 3% nationally to $1390 per month, according to d Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 07/12/2019
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June 28, 2019 REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Mortgage Applications Fluctuating after Rate Drop                 Falling mortgage rates has led to a flurry of refinances but mortgage applications actually fell 1% for the week, but are still 9% higher compared to a year ago when rat Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 06/28/2019
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June 13, 2019 REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Rates Dropping Leading to Massive Surge                 Mortgage rates have fallen to the lowest level in nearly two years resulting in a tremendous amount of mortgage application increases. In just one week, applications increased by Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 06/13/2019
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June 7, 2019 – REsimpli’s Real Estate News and Market Update

REsimpli’s Real Estate News and Market Update Rental Market Heating Up                 According to data from HotPads, a Zillow-owned rental affiliate, there’s been a big change since last year in terms of concessions that are offered for rentals: the amount of concessions is do Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 06/07/2019
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May 10, 2019 REsimpli’s Real Estate News and Market Update

Home Prices Overvalued?                 According to a new report from CoreLogic, shocking 40% of the nation’s top 50 markets (based on the number of total homes) were overvalued in March! The definition they use for overvalued is that prices are at least 10% higher than the long t Continue reading >

  • Sharad Mehta
  • In Real Estate Investing Skills,Sharad Mehta - Founder Blog,
  • 05/10/2019
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May 03, 2019 – REsimpli’s Real Estate News and Market Update

Can you Guess What’s Happening to Bay Area Home Prices?                 For the first time in seven years, homes in San Francisco have finally fallen in price year on year. Not only that, they fell by a whopping 15 percent in the last month. San Francisco is a hot tech area with so Continue reading >

  • Sharad Mehta
  • In Sharad Mehta - Founder Blog,
  • 05/03/2019
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What is Skip Tracing and How to Best Utilize Skip Traced Contact Numbers

  Today I’d like to share a valuable tool in a real estate investor’s toolkit known as Skip Tracing. I will provide you with all the necessary details needed to get you started with utilizing this powerful tool to further refine and mine your leads. What is Skip Tracing? Skip Tracing Continue reading >

  • Sharad Mehta
  • In Misc,Sharad Mehta - Founder Blog,
  • 05/03/2019
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April 25, 2019 – REsimpli’s Real Estate News and Market Update

Mortgage Applications Reach Highest Level Since 2010                 Data from the Mortgage Bankers Association show that mortgage applications to purchase a home increased 1% last week and are 7% higher than the same time period a year ago – these are the highest levels since Apri Continue reading >

  • REsimpli Blog
  • In Misc,
  • 04/25/2019
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