Mortgage Rates Hold 3-Year Lows; Bank Stress Tests; IRS Deadline Extended

Mortgage rates trickled slightly lower today, technically taking them to another in a string of 3-year lows over the past 2 weeks. The most recent, most noticeable catalyst for the move toward lower rates is the passing of the referendum for the UK to leave the EU (aka "Brexit"). Given the bounce back in stocks since last Friday, it's tempting to conclude that financial markets have "gotten over" their initial apprehension regarding Brexit. But the bond markets that underly mortgage rate movement haven't bounced back in the same way. In fact, they haven't really bounced back at all. Exploring the underlying reasons for rates remaining near all-time lows despite stocks being closer to all-time highs would be a major undertaking for a simple update on mortgage rates. Suffice it to say that bond

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Renderings detail $20.1M Ironworks hotel taking shape by Keystone

The developer broke ground Wednesday on the 120-room hotel that will rise by the Ironworks mixed-use development at East 86th Street and Keystone Avenue. Controversial signage has been approved.

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Boomers' Big Impact on Housing; Pending Sales Ebb; Rates Hold 3-Year Lows, But...

Baby Boomers, even as they age, continue to have an outsized impact on the housing market. Freddie Mac recently conducted a large survey of those over age 55 to find out their housing perceptions and preferences. The first data released from the survey dealt with responses from homeowners while a second analysis concentrated on those renting their homes. The majority of homeowners over age 55 are happy about where they live. Fifty-nine percent are "very satisfied" with their communities, 64 percent with their current home, and 54 percent with their quality of life. The majority of respondents said homeownership makes financial sense although opinions about exactly who benefits diverged. Ninety-six percent feel homeownership makes financial sense for people who are either married with children

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Millennials Most Likely to Live Alone in Richmond and Pittsburgh

Just in time for Independence Day, new Zillow analysis finds 15 percent of Richmond millennials live alone, the highest percentage of all major U.S. metros.

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Rates Lower Despite Bond Losses; Cash Outs No Concern Yet; Prices Rising Slower; Normal vs Actual Reversal

Mortgage rates fell modestly today despite some weakness in underlying bond markets. Typically, when bond yields (which move inversely with bond prices) are rising, mortgage rates tend to be higher as well. That wasn't the case today for a few reasons. The most obvious reason is that bond markets didn't move that much. Slightly more subtle is the fact that most of today's trading activity took place within yesterday's range, and yesterday ended on a low note for yields. In other words, bonds yields were only "higher" when compared to yesterday afternoon's levels, but roughly in line with everything else. Finally, mortgage rates simply have not and will not keep perfect pace with the movement in broader bond markets. As we've discussed frequently this past week, both the bonds that underlie

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Cunningham group commits to sixth Bru Burger—in Plainfield

The locally owned specialty burger bar is slated to take space in the Shops at Perry Crossing and should open sometime early next year.

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Mortgage Rates Continue to New 3-Year Lows; Homeownership Headed for 50 Percent?

Mortgage rates move lower again today following last week's Brexit headlines (the U.K.'s vote to leave the European Union). Indeed it's hard to turn on the TV, computer, or radio without hearing about Brexit. Global financial markets are still in the throes of the "initial reaction" time frame. That means selling stocks and buying bonds. When investors buy bonds, rates fall--albeit at a bit slower pace for mortgage rates compared to other popular rate benchmarks (like 10yr Treasury yields). There's no telling how long this "initial reaction" period will continue and what the longer term effects will be, but for now, the short term effects have been strongly positive for rates. The most prevalent conventional 30yr fixed quote is still 3.5% on top tier scenarios, but 3.375% gained a lot of ground

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How to Select the Right Accessories to Dress Up Your Listings

By Patti Stern, PJ & Company Staging and Interior Decorating

If sellers want to get their home noticed in today’s competitive real estate market, they must create a “show ready” property so buyers will feel at home and want to move right in.  After first taking the time to declutter, depersonalize, and streamline your home, it’s important to then add the right accessories to create a lifestyle and mood that will engage buyers.

The following tips will help you choose which accessories are best for adding a welcoming touch.

The First Impression

A great way to attract buyers past the front door is to give the front porch a facelift with bright accents such as a beautiful welcome mat, potted flowers and plants in urns, colorful accent pillows placed on a bench and updated lighting if needed.

Once the buyer steps into the home, the entry should feel just as inviting by adding a modern area rug or runner paired with a console table and mirror to create a simple vignette.

Family Room Staged by PJ & Company Staging and Interior Decorating

 

Accent Pillows and Throws

Our staging team always uses these two key items to add color and style to family rooms, living rooms, and bedrooms. Carefully arranged accent pillows paired with a soft, faux fur throw draped on sofas, chairs and beds can bring a room with a neutral backdrop to life. We also enjoy mixing and matching pillows in different fabrics, colors and patterns of the season to add texture and provide a fresh, custom look.

Area Rugs 

Rugs are one of our favorite accessories because they have multiple functions for staging a room —anchoring furniture, creating a focal point, adding texture and depth, hiding flaws as well as showcasing beautiful hardwood floors. Try layering and using neutral colors for the greatest impact.

Living Room Staged by PJ & Company Staging and Interior Decorating

 

Wall Decor

When considering wall art size and color, it should be large enough to fill a space but neutral in style.  Wall art should complement the decor of the room and enhance the color theme.

In the above photo, we filled the large wall with six black and white framed prints arranged in a gallery style that adds dimension and contrasts well with the gray wall, neutral sofa, and rug. Mirrors placed above mantels or an entry console are also a great tool for adding style and elegance as well as making a room appear larger and brighter.

Decorated by PJ & Company Staging and Interior Decorating

  

Model Home Bathrooms Decorated by PJ & Company Staging and Interior Decorating

To create a spa-like ambience that evokes relaxation and tranquility, try folding and layering bright white or colorful fluffy towels on countertops and towel bars. Lightly scented candles, soaps, and lotions with attractive packaging will provide a feeling of self-indulgence.

We love adding a touch of nature with faux organic elements such as white silk florals or green topiaries and grassy arrangements to add to the mood.

 ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home-staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award-winning staging program for luxury homebuilder, Toll Brothers. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV.  She is a regular contributor to Style, Staged and Sold.

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Indy Food Trucks: Feed the Hunger

 Feed the hunger at your local Indy Food Truck and sample the goodness. Food Trucks have become a regular site in Downtown Indianapolis, especially during the lunch hour. Feasting on your favorite meal or treat while enjoying the summer days and sunshine is also good for the soul. The food trucks in Indianapolis gather throughout the city and neighboring communities regularly and for special events. The original First Friday Food Truck Festival at the Old National Center offers fun times with local entertainment, boutique trucks, food trucks, friends and neighbors. Find out more about First Friday’s here and on their Facebbok Page. Every Friday on Georgia Street, you can enjoy your favorite truck from 11:00-2:00. Take a break from the office, grab lunch, get some work done outdoors. Looking for a new idea for your event or neighborhood get together. Bring the food trucks to you! I’ve actually seen food trucks in local neighborhoods on a regular basis. This one was in the Herron Morton neighborhood on a weekday evening. In our mobile age, it seems fitting to have dinner delivered to your neighborhood.

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Food Trucks in Indianapolis

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Markets Rocked by Brexit; Mortgage Rates Down Sharply; CFPB Comes Down on Servicers

Mortgage rates plummeted today following the surprise victory of the referendum for the U.K. leaving the European Union (aka "Brexit"). This joins the ranks as one of the few days in history where rates have moved a full eighth of a point in a single day. There have only been 9 instances in the past decade, and the most recent example was in October 2014. In that sense, it's the single best day for mortgage rates in more than a year, not to mention the fact that outright levels are getting very close to all-time lows. From yesterday's most prevalent conventional 30yr fixed quote of 3.625%, we're now easily down to 3.5% for most lenders. A few of the most aggressive lenders are already down to 3.375% on top tier scenarios. Back in 2012, 3.375% was the lowest rate that was maintained for more

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10 Ways to Increase the Value of Your Home - Show 385

Real Estate Today Radio - SHOW 385

On this week's Real Estate Today, it's our special show "10 Ways to Increase the Value of Your Home."

This Week's Show Includes:
- Top News Of The Week
- How much is Your Home Really Worth?
- The Passage of Time
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

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Entry-Level Prices Continue to Soar while Top of the Market Stabilizes

Entry-level home buyers continue to face stiff competition as bottom-tier home values rise 8 percent. Buyers looking for more expensive homes will find more to choose from.

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Rates Prepare to React to Brexit; New Home Sales Fall; All-Cash Sales Fall Sharply

Mortgage rates moved higher for the 5th day in a row as financial markets prepare for the results of the U.K. referendum on its European Union membership (aka "Brexit"). In general, rates are expected to rise if the U.K. remains in the EU, and rates could fall back toward recent lows if the U.K. votes to leave the EU. These expectations pertain only to short term (i.e. within a week or two of the decision tomorrow morning). From there--especially in the case of a "remain" vote, the next jobs report on July 8th would be especially important as it could have a big impact on the Fed rate hike outlook (the Fed recently said that Brexit and a potential shift in employment data are the two biggest hurdles preventing a rate hike). While some parts of financial markets are experiencing fairly significant

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Homes with White Kitchens Sell for $1,400 Less than Homes with Yellow Kitchens

For-sale listings with warm, neutral colors sell for more money, according to Zillow Digs analysis; Homeowners and buyers can now test real paint colors in their home using new paint visualizer feature on Zillow Digs app

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Existing Home Sales/Prices Reach Milestone Highs; 5-year Low in Jumbo Rates; Refis Up; Distressed Becomes Delinquent

The median price of an existing home reached an all-time high in May and sales hit their highest pace in nearly a decade . The National Association of Realtors® (NAR) said on Wednesday said completed sales of single-family homes, condominiums, and cooperative apartments rose by 1.8 percent from April to a seasonally adjusted annual rate of 5.53 million units, the highest annual rate since sales set a 5.79 million pace in February 2007. April sales were revised down to 5.43 million from 5.45 million. Despite the increase, sales in May were below what analysts had expected although within the range of 5.35 to 5.68 million. The consensus of those surveyed by Econoday was 5.57 million. Sales rose on a year over year basis by 4.5 percent compared to a year-over-year gain of 6.0 percent in April

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Rates Highest in 2 Weeks; Don't Blame Inventory for All Housing Woes

Mortgage rates remained under pressure today, moving up to the highest levels in two weeks. Financial markets are in the process of undoing some of their defensive maneuvers ahead of this week's referendum vote on the U.K. exiting the European Union (informally known as "Brexit"). Until last Friday, those maneuvers resulted in rates moving lower, because investors were buying bonds to protect against the risk of the U.K. leaving the EU. But as sentiment has shifted regarding the probable outcome of the referendum, rates moved higher. Once again, mortgage rates haven't been moving as much as US Treasuries. In fact, quoted rates will likely be the same as yesterday's in most cases, with the only difference being slightly higher upfront costs. That could change though. One of the reasons rates

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Rates Higher to Begin Volatile Week; Most Americans See Affordability Problem

Mortgage rates continued higher today, and at a quicker pace than the modest increase seen at the end of last week. Financial markets are undergoing a change of heart regarding their approach to Brexit (market shorthand for a "British exit" from the European Union). Brexit fears had helped drive interest rates to long-term lows in the US and to all-time lows in Europe. Investors don't really know what to expect in the event the U.K. actually leaves the EU, and one of the ways to play that uncertainty is to buy safer-haven assets like bonds. Better the buying demand for bonds means lower interest rates. As of late last week, the bond-buying frenzy was already beginning to change. Over the weekend, polls came out that suggested an increased likelihood that the U.K. would remain in the EU. Financial

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My Favorite Staging Accessory: Greenery

Styled Staged & Sold will be featuring staging professionals’ favorite staging accessories and props over the next few weeks. (Do you have a favorite? Submit your favorite for consideration to mtracey@realtors.org.)

Photo credit: Michelle Boyle, California Chic Staging

Go-to prop: Fake tree or plant

Stager: Michelle Boyle, owner of California Chic Staging Co., Roseville, Calif.

Why I love it: “So many people use awful and outdated greenery in homes. Spending the money on really great greenery makes all the difference when creating a look and feel for a home. You want a fresh, modern piece to help accessorize the space.”

Photo credit: Michelle Boyle, California Chic Staging

Make it work tips: 

• Learn the difference between a “good” fake tree and a “not so good” one. Typically, the better ones cost a lot more, but not always. Scout out places like Home Goods or Target. Some types of trees and plants can pull off being fake versus real much better, such as succulents, grasses, and Boyle’s personal favorite — the fiddle leaf fig tree.
• A great place for adding greenery in a home is large empty corners of a room, coffee and side tables, and in bathrooms.
• Don’t overdo it. Use fake greenery sparingly, such as one or two pieces in the main living room and one in each room thereafter.

Photo credit: Michelle Boyle, California Chic Staging

Photo credit: Michelle Boyle, California Chic Staging

 

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Rates Higher, 1st Time in 2 Weeks; Housing Starts Fall, Permits Improve, Opposite of Expectations

Mortgage rates moved higher today for the first time in nearly 2 weeks. After rising slightly on Monday June 6th, rates have been on a mission--moving slowly and steadily to the lowest levels in well over 3 years. Even after today's modest increase, rates are still at 3-year lows in terms of contract interest rates. Today's effective rate (which factors in upfront costs/credits) is just a bit higher. The most prevalently-quoted conventional 30yr fixed rate is 3.5% on top tier scenarios with only a few lenders on either side of that at 3.375% or 3.625%. Keep in mind, of course, that the average loan isn't "top tier," which makes 3.625% a more prevalent rate overall. The question is whether or not rates will continue to operate near these ultra-low levels. The last time we were in this territory

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The Summer Market - Show 384

Real Estate Today Radio - SHOW 384

On this week's Real Estate Today, it's our special show "The Summer Market."

This Week's Show Includes:
- Top News Of The Week
- Volts! Not Horsepower!
- The RSPS Designation
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

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Mortgage Rates Deeper into 3-Year Lows; Purchase Loans Dominate; Builder Index Breaks 5-Month Silence

Mortgage rates moved lower today, largely because they needed to get caught up with yesterday afternoon's movement in bond markets. As a reminder, mortgage rates are most directly affected by mortgage-backed-securities (MBS), which tend to move in the same direction as US Treasuries. Both MBS and Treasuries improved significantly after yesterday's Fed announcement, but lenders have been cautious in adjusting rate sheets to match market movements for a variety of reasons. When they saw markets were still in good shape when it came time to send out this morning's rate sheets, lenders had a bit more love to share. As such, we find ourselves well into the lowest rates in more than three years , even if the pace of improvement is lagging the drop in US Treasury rates. For what it's worth, 2016's

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Speedway dumps plan to advertise track events on water tower

Town officials wanted to erect large panels on the tower to advertise race events, but the idea received a chilly reception from the Department of Metropolitan Development.

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Concrete Coffee Tables, Teak Furniture and Aquamarine Accent Colors Named Top Outdoor Patio Trends for Summer 2016

Floral patterns, wrought iron furniture and overly manicured yards headed out of style, according to Zillow Digs Home Trend Forecast

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Rates Varied by Lender After Fed Announcement; Purchase Loans Expected to Pick Up

Mortgage rates were unchanged today, despite the potential for volatility surround the Fed's rate announcement. No one expected the Fed to hike rates at this meeting, but there was a risk they could shake things up via the release of their updated forecasts or during Fed Chair Yellen's press conference. As it turned out, all of the above was "rate-friendly," at least as far as bond markets are concerned. Mortgage rates are primarily driven by trading levels in MBS (mortgage-backed-securities), which tend to follow slightly less dramatic versions of the same path seen in US Treasuries--especially the 10yr. To be sure, today's Fed events were of great benefit to Treasuries, and moderate benefit to MBS, but there are some caveats by the time we consider actual rates on lender rate sheets. Reason

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San Antonio and Nashville Named Sweet Spots for Homeownership

A strong labor market and short Breakeven Horizon make San Antonio an optimal place for homeownership.

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Renters on Zillow Have Competitive Edge with New Renter Profile

More than 1.2 Million renters are using Zillow's Renter Profile to quickly engage with landlords and property managers

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Rates, Fed, Brexit: What Does it All Mean?; MBA Predicts Slower Sales; Mastermind Takeaways

Mortgage rates were initially lower this morning as global bond yields continued to plumb record lows. There was widespread coverage in financial news of Germany's 10yr bond yield dipping into negative territory. That's important for a few reasons--not in terms of bringing any new information to light, but simply as an opportunity to stop and reflect on the broader interest rate landscape. We've been talking about the implications of European markets on US mortgage rates for quite a while. The level of concern and interest waxes and wanes, but in general, overseas volatility has been an increasingly important consideration for domestic rates markets. Over the past 2 decades especially, as technology makes the global marketplace a "smaller world," big market movement in Europe ends up pushing

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71% With Student Debt Say it Delays Homebuying; Yep, Mortgage Rates Are Still Super Low; Fed vs Brexit

Mortgage rates haven't moved too much recently, and no one is complaining. While each of the past 5 days has only seen a modest drop in rates, they were already operating near 3-year lows. They officially hit new 3-year lows late last week, meaning today's modest improvement only takes us deeper into that territory. It gets better. Three-year lows also happen to be pretty close to all-time lows. In terms of the average conventional 30yr fixed rate on a top tier scenario, we're talking about the difference between 3.5% today and 3.25% in late 2012. Those all-time lows were only available for a few weeks back then, and it was 3.375% that was the most commonly-quoted rate "all-time low" from there on out. So that's an eighth of a point between now and then--roughly $12/month on a $200k loan. Low

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Mortgage Rates Officially Hit 3-Year Lows; Aversion to Loan Servicing Impacting Consumers

Mortgage rates crept just barely lower today, but it was enough to leave the average lender's rate sheet in its best shape since May of 2013. (At the risk of splitting hairs, a few lenders were offering better rates for part of the day on February 11th, 2016.) The point is that rates are really low. Unlike the early February time frame, this time around, rates have moved lower in a steadier way. While that doesn't mean they can't bounce higher, it does mean there's less risk of a major bounce higher without a major calendar event causing it. Back in February, rates bounced higher at the fastest pace of the year simply because they moved so much lower so quickly. In simpler terms: we prefer the tortoise to the hare when it comes to rate rallies. But what about those "major calendar events?"

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Secrets Of The Pros - Show 383

Real Estate Today Radio - SHOW 383

On this week's Real Estate Today, it's our special show "Secrets Of The Pros."

This Week's Show Includes:
- Top News Of The Week
- Keep Your Eyes on the Prize
- The St Joseph Approach
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

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Broad Ripple’s only hotel pursuing aggressive expansion

The owner of the nine-room lodge along Westfield Boulevard plans to add rooms and introduce meeting and event space by incorporating adjacent properties to the south.

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Rates Even Closer to All-Time Lows; Negative Equity Rapidly Declining

Mortgage rates moved slightly lower today, bringing them to levels seen only one other time in the past 3 years. Even then, that "other time" was only for a few fleeting hours on February 11th. This time around, we've been holding near these 3-year lows in much more stable fashion. If rates are able to move any lower from here, that will put them in line with all-time lows. That would connote an average conventional 30yr fixed rate of 3.375%, which isn't too far away considering more than a few lenders are quoting 3.5% on top tier scenarios today. 3.625% remains slightly more prevalent. Loan Originator Perspective "Overnight we saw the benchmark 10 year break below a key level of resistance at 1.70, but it has run into another brick wall at 1.66. I advised locking yesterday, and with the improved

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Refinancing Dead Again?; Purchase Sentiment Rebounds; Rates Stay Low; Mortgage Bank Profits

With mortgage interest rates generally down since the end of last year CoreLogic's principal economist Molly Boesel took a crack this week at figuring out how much gas might be left in the refinancing engine. In her analysis she added 100 basis points to the current market rate as a measure of a current mortgage rate at which there begins to be an incentive for the borrower to refinance. For the week of May 12, 2016, Freddie Mac reported an average 30-year mortgage rate of 3.57 percent (which as of June 2 had risen to 3.66 percent.) Using the first figure, the typical borrower would only begin to save money through refinancing if his or her existing mortgage had a rate of 4.57 percent or higher . The chart above shows the rates and unpaid principal balance (UPB) of the current mortgage pool

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As the Housing Market Recovers, Negative Equity Concentrates in the Rust Belt

When the housing bubble burst, the West Coast had a disproportionate share of underwater homeowners

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Zillow Boosts Accuracy with Update to Zestimate Algorithm

A new model for new construction and increased computing power improves median error rate to 6 percent

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Mortgage Rates Stay Near Recent Lows; CoreLogic Home Prices Continue Beating Forecasts

Mortgage rates were sideways to slightly lower today, keeping them in line with the lowest levels in more than three years. While there are a few aggressive lenders quoting 3.5% on conventional 30yr fixed loans, 3.625% is the most prevalent quote on top tier scenarios. 3.75% had been more common until last week's jobs report sent rates quickly lower, and all but eliminated the possibility of a Fed rate hike in June. The Fed Funds Rate does not directly dictate mortgage rates, but increasing expectations for Fed rate hikes tend to coincide with increasing mortgage rates. When rates have been near these 3-year lows, we've only seen them dip lower briefly--and usually not by that much. That means locking is never a bad idea at current levels. Even so, risk-takers could also find justification

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Roundup: Jack's Donuts opening downtown, Binkley's debuting tap room

Jack's, the New Castle staple that has begun franchising, is set to open two locations downtown—one in the former home of a locally based pizzeria.

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Rates Give Back Some of Friday's Gains; Mortgage Status Predicts Homeowner Behavior

Mortgage rates moved slightly higher today, erasing only some of the massive improvements seen after last Friday's jobs report. In general, most lenders moved one-eighth of one percentage point lower in rate on Friday. Today's weakness isn't enough to raise rates by an eighth of a point, so instead, the weakness comes in the form of slightly higher upfront costs for the same rates as Friday. The most prevalently-quoted conventional 30yr fixed rate remains 3.625% on top tier scenarios for most lenders, though a few of the less aggressively-priced lenders are quoting 3.75%. It should be noted that 3.625% is the lowest stably-held 30yr fixed quote in more than 3 years. We've seen rates move lower a few times since then, but never for very long. As such, no one could argue that it makes sense to

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How to Use a Home Decor Theme In a Room

By Tori Toth

Not sure how to use a home decor theme in a room? No worries, it’s easy to use a theme to add personality into a space…the hardest part is deciding what theme to show off.

Home owners have so many themes to choose from. Whether you take a cue from a location, design style, season, or even a beloved kid’s character there are five tips you should follow when working a theme into your home decor.

Home Decor Theme Rule #1: Work with color.

One of the easiest ways to bring a theme’s feeling into your home is through color. Take a beach theme for example, the palette echoes the colors of nature: big sky blues, earthy browns, sea kelp greens and turquoise waters. Through the simple use of paint, you can set the stage for other beach touches throughout the home.

Home Decor Theme Rule #2: Use artwork.

Displaying artwork is an excellent way to set a mood in a home based on a theme. The artwork can be literal or even abstract to add personality into the room. You can find originals, as well as more affordable prints and posters to grab a buyer or guests eye. Just check out the two images being used in this lemonade inspired dining room used below. You can use artwork that describes a lemon tree or a painting that uses the colors to inspire the mind.

Lemonade Inspired Dining Room by tori-toth-arena

Home Decor Theme Rule #3: Have a focal point.

A theme should be developed around one specific piece you love or that represents the home’s lifestyle. Think about the pieces in the room and how they will adapt to your theme. Start with one thing then grow the theme from that if you want to add a travel theme start with a map and find weathered, authentic pieces that support the theme. Take your time and check out various outlets including furniture stores, yard sales and antique stores to spot that special piece that will bring your theme to life.

Home Decor Theme Rule #4: Use small pieces for a big impact.

You don’t need a lot of space or a huge budget to pull off a theme. You can change out throw pillows, table accessories, rugs or even knobs to add to your theme’s personality. Sometimes little touches can have a bigger impact than an overall transformation.

Home Decor Theme Rule #5: Add decor that’s natural and authentic to the theme.

Keep your eye out for materials that are natural to your theme and use pieces that are authentic. By using natural elements in a home it will create a warm and welcoming feel into the space. For generations humans love the natural and organic appeal of elements that make them feel calm, at peace, and above all, welcomed home.

What home decor themes have you used in a home?

ABOUT THE AUTHOR: Tori Toth is an Amazon best-selling author who wrote “Feel At Home: Home Staging Secrets for a Quick and Easy Sell.” She is also the founder of The Stage 2 Sell Strategy, the world’s first online home staging video course for home sellers. Toth opened her staging company, Stylish Stagers, Inc. in New York City back in 2009. Her book, how-to videos, newsletters, products and appearances now inspire hundreds of thousands of home owners and real estate experts worldwide. Meet Tori by visiting her website or Facebook Fan page.

 

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The Safe House - Show 382

Real Estate Today Radio - SHOW 382

On this week's Real Estate Today, it's our special show "The Safe House."

This Week's Show Includes:
- Top News Of The Week
- Three Safety Strategies for Using a Portable Generator
- Selling Your Home Safely
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

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Mortgage Rates Drop Sharply as Jobs Report Puts Fed on Hold; Do CFPB Payday Loan Proposals Affect Residential Lending?

Mortgage rates plummeted today, relatively speaking, fully erasing the damage done 2 weeks ago after the Fed Minutes sent rates higher at the fastest pace in months. Let's continue with that same logic. If rates moved quickly higher 2 weeks ago because the Fed Minutes suggested increased chances of a June hike, it would stand to reason that rates should fall if something happened to decrease the likelihood of a June hike. As it happens, that's exactly what this morning's jobs report did! In general, the Fed can afford to tune out employment data because employment data has been so reliably strong and steady. But this morning's employment data was SO weak that it could understandably give the Fed pause in rushing to hike rates in June. Of course we've already talked about how overseas events

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Buyers Increasingly Worried by Competition; Mortgage Availability Continues to Slide

What do buyers worry about as they shop for a home? It turns out one growing concern is other buyers like them. A Redfin survey of nearly 1,000 buyers found that, while 26 percent cited affordability as their major worry, virtually unchanged from the last two quarterly surveys, 19 percent said their biggest fear was competition . This was an 8 percentage point increase from the fourth quarter of 2015 and 3 points more than in the first survey this year. The third major concern, tight inventories of available homes, declined slightly in the recent survey. But those inventories are the main driver of competition and when the two are combined, competition becomes a more important issue than affordability. Redfin said the buyer concerns are justified . Sixty percent of buyers represented by the

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Upstart Mexican eatery already expanding

Luciana's Mexican Restaurant & Cantina on Broad Ripple Avenue should open its second location, early next month, in the Clearwater Crossing shopping center.

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2-Week Rate Lows: There's a Catch; Sharpest Drop Since 2011 in Construction Spending; Home Prices Too High?

How high is too high? When it comes to home prices the wounds left from the Great Recession make this question an important one. Amidst that event, home prices plummeted and didn't begin to recover until 2011. Recent price growth has been particularly strong and for a while that was welcome news. More recently though, a rapid escalation has led some to worry about the potential for another house price bubble. Freddie Mac's current Insights report, published by its Economic & Housing Research Group headed by Chief Economist Sean Becketti, asks how one can tell it is time to worry. While there is no foolproof technique they explain a two-stage method for identifying unsustainably-high house prices. Sometimes, the report says, it is easy to see where home prices are escalating too quickly

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