Former Big Al's Superstore space being rehabbed for tap room, other tenants

The building, at the northeast corner of 46th Street and College Avenue in the Meridian-Kessler neighborhood, will house three or four businesses, including Scarlet Lane Brewing.

from
https://www.ibj.com/blogs/19-property-lines/post/68258-taproom-other-tenants-coming-to-former-big-als-superstore-space

Rates Still Solid Despite Warning Signs; Mortgage Applications End March on Sour Note

Mortgage rates were sideways to slightly lower today, depending on the lender. That presents something of an opportunity because underlying bond markets have been suggesting a move in the other direction over the past few days. In other words, the bonds that underlie mortgage rates have weakened, but rates themselves are stable or stronger. Much of this paradox has to do with the time of day that lenders generate their rate sheets. For example, if rate sheets were updated in real time, we might be seeing slightly higher rights this afternoon. With all of the above in mind, today's relatively lower rates are compelling for those who are in a position to lock. If nothing changes about underlying markets by tomorrow morning, most lenders will likely be slightly worse off. Of course, "worse" is

from
http://www.mortgagenewsdaily.com/reports/newsletter/2018/4/4/3301

New Research Finds Increasing Preference for Renting

New research by Freddie Mac reveals that despite growing economic confidence among renters, affordability remains dominant in driving renter behavior. More

from
http://www.freddiemac.com/research/consumer-research/20180404_preference_for_renting.html?attr=rssEHR

Homes with 'Heated Floors,' 'Steam Showers,' or 'Outdoor Kitchens' Sell for Nearly 30 Percent More than Expected

For-sale listings touting spa-inspired bathroom features or entertainer-friendly kitchen amenities sell for more money than expected, according to Zillow analysis

from
http://zillow.mediaroom.com/2018-04-04-Homes-with-Heated-Floors-Steam-Showers-or-Outdoor-Kitchens-Sell-for-Nearly-30-Percent-More-than-Expected

Unwillingness to Refi or Sell Despite High Equity; CFPB Structure Change; Prices Defying Predictions

The amount of equity available for tapping by homeowners hit a new recent high in February . Meanwhile, mortgage prepayment rates (how quickly owners are refinancing or selling) fell to the lowest levels since early 2014. Black Knight's Mortgage Monitor , which focuses on details of mortgage performance during the months, looked at these two aspects of that performance as well as updating hurricane related delinquencies four and five months after Harvey and Irma wreaked havoc in Texas and Florida. Loan prepayments or the SMM (Single Month Mortality) rate hit a four-year low during the month. In fact, only three months over the last 15 years have had a lower rate of paydowns and payoffs, September and November 2008, just as the housing downturn was reaching crisis levels, and February 2014,

from
http://www.mortgagenewsdaily.com/reports/newsletter/2018/4/3/3299

Mortgage Rates Begin April Near 2-Month Lows; Construction Spending Stalls

Mortgage rates moved lower today as underlying bond markets generally followed a much bigger move in stocks. It's a common misconception that stocks and bond yields ("rates," for all intents and purposes) follow one another. They certainly CAN move in the same direction at the same time during certain times of the day, but it's not the sort of correlation to count on. That said, the stock/bond relationship was certainly a factor today. The only catch was that it took quite a bit of stock market weakness to generate a merely noticeable move in bond markets and, hence, interest rates. Still, with rates already fairly close to recent lows and with lenders generally holding back ahead of the extended holiday weekend, all it took was that modest improvement in bond markets for mortgage rates to

from
http://www.mortgagenewsdaily.com/reports/newsletter/2018/4/2/3297

Light it Up: Add a Party Vibe to Your Outdoor Staging

By Melissa Dittmann Tracey, REALTOR® Magazine

Outdoor lighting isn’t just for the holidays. You can illuminate your outdoor living areas anytime of year. Stringed bulbs are becoming a “hot” outdoor trend this year. These outdoor clear, vintage lights have big rounded bulbs that can really create a festive flair in a backyard. They’re reminiscent of the lights used at an outdoor street fair.

Homeowners are draping them across the top of their pergola, or along their back deck. Some owners may stretch them above and across their yard to create a canopy of lights.

Watch out that they don’t become an eyesore during the daytime. The glow at night are when these lights shine. Tuck them into the top of a pergola. Or, for a photo op, drape them temporarily across a courtyard. Take a picture of it at dusk for a listing photo that shows off the entertainment space of a backyard.

Or, string the lights to illuminate the backyard during a twilight open house. Check out how these designers used them.

Photo by – Discover patio design inspiration

Photo by The Cousins – Look for deck design inspiration

Photo by kbcdevelopments – Search patio pictures

Photo by PaveStone Brick Paving Inc. – Discover patio design ideas

from
http://styledstagedsold.blogs.realtor.org/2018/04/02/add-a-party-vibe-to-your-outdoor-staging/