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Weekly Mortgage Applications Fall 2.4% As Consumers Shrug Off Low Rates

Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the Mortgage Bankers Association's seasonally adjusted index.

Housing Is Providing Another In A Line Of Troubling Signs Pointing To An Economic Downturn

Declining home sales are "consistent with the possibility of a late 2019 or early 2020 recession," St. Louis Fed economist William Emmons said in a report.

2 Solid REITs Recommended By The Intelligent REIT Investor

In a recent research paper, Thomas Bohjalian, Head of U.S. Real Estate and Senior Portfolio Manager at Cohen & Steers explains said that "REITs have proven resilient amid escalating trade tensions between the U.S. and China, even delivering a slight gain in the U.S."
EDITOR'S PICKS
  • 7 Reasons Why Long Distance Investing Isn't As Risky As You Think
    Let me ask if this sounds familiar. Your market is expensive. Finding cash flowing rental property is very difficult, if not impossible. Your competition is paying way more for the property than you would ever think makes sense, and you feel like you may be in another bubble.
    By Staff Reporter
  • Uber Cofounder Breaks Property Records In Beverly Hills For $72 Million
    The celebrity-filled neighborhood of Trousdale Estates in Beverly Hills has a new record-breaker on the books, as Variety has reported. Uber co-founder, Garrett Camp (whom Forbes estimates has a net worth of $4.1 billion), and his partner, Eliza Nguyen, purchased a $72 million newly-built house not far away from the neighborhood's former record holder, Minecraft creator and billionaire Markus Persson, who purchased a $70 million home in 2014.
    By Staff Reporter
  • Should Home Flippers Use Uber Drivers to Scout Properties?
    There's a new trend among home flippers: using Uber drivers to find new properties. Facing fierce competition and higher prices, home flippers are trying out new methods to find more properties and stay ahead of the competition.
    By Ernest Hamilton
  • What’s It Really Like to Live in Dubai?
    There are a lot of reasons you might think about moving to Dubai. Some people move there because it seems like an adventure and a new way of life. Other people move there for work. There are also investors who don't necessarily move there full-time but do put their money to work in various ways.
    By Ernest Hamilton
  • Home Renovation Projects With the Best and Worst Return on Investment
    Before spending the big bucks on a home improvement project, know which upgrades make fiscal sense Before spending the big bucks on a home improvement project, know which upgrades make fiscal sense.
    By Hannah Smith
  • 5 Design Tips To Make A New Home Look Spectacular
    Here are a handful of design tips that can help even the most beginner of interior decorators design elegant and stylish room layouts.
    By Hannah Smith
  • Former Broadway Producer Terry Allen Kramer's Estate Sells For Record-Breaking $105 Million In Palm Beach
    There has already been one sale topping $100 million in California this week and now there's another one to report on the other side of the country. La Follia, a 37,500-square-foot building on Palm Beach's Intracoastal Waterway just closed for a $105 million, according to property deeds cited by The Palm Beach Post.
    By Staff Reporter
  • Former Spelling Manor Sells, Sets Record For Highest Price On Record In California
    The former Spelling Manor, custom built for television producer Aaron Spelling and his wife Candy in the late 1980s, has just sold after three years on the market by its most recent owner, Petra Ecclestone, heir to the Bernie Ecclestone and part of the Formula One fortune.
    By Staff Reporter
  • How to Reduce the Risk of Theft During an Open House
    Open houses are a great way to drum up interest in a home and get potential buyers to put in an offer. But opening the door to the public does come with risks. One big risk that sellers (and some agents) often overlook is theft.
    By Hannah Smith
  • 13 Fun, Stylish Ways To Add Red, White And Blue To Your Home
    Why 13, you ask? Two reasons really: First, it aligns happily with the 13 colonies that started our nation, and second, 50 is just too darn many - you've got a barbecue to get ready for! You'll note in these 13 ideas that white isn't included in the tally. It's too easy.Why 13, you ask? Two reasons really: First, it aligns happily with the 13 colonies that started our nation, and second, 50 is just too darn many - you've got a barbecue to get ready for! You'll note in these 13 ideas that white isn't included in the tally. It's too easy.If you want more white, buy organic white sheets and towels, add crown molding to your living room, or a subway tile backsplash in your kitchen. Also, you probably have acres of white in your home already. Most toilets sold today are white, and most ceilings are painted that color. White is also one of the most popular choices for kitchen cabinets and countertops.Full Article
    By Staff Reporter