Bleu Palms Real Estate
Description
Giving information on properties and the insights of real estate.
Tell your friends
RECENT FACEBOOK POSTS
facebook.comPhotos from Bleu Palms Real Estate's post
Lets build them together
Photos from Bleu Palms Real Estate's post
Listing coming soon♤♤♤♤♡♡♡♡♧♧♧☆
Its time to make the change happen. Open your wings and just push off!! Efforts only produce results!!
Bleupalms.com 100% Commission and no transaction fee's!!! WOW 561-632-8960 Broker Kyle Watters
Negative equity rose for the first time in 12 quarters by Steve Randall | Mar 07, 2019 US homeowners with mortgages increased their equity by an average $9,700 between the fourth quarter of 2017 and one year later. Data from CoreLogic reveals that western states gained the most, although most states posted an increase. The top 3 states for equity gains were Nevada (average of approx. $29,400), Hawaii (average of approx. $26,900), and Idaho (average of $24,700). The increase in home equity over the past several years provides homeowners with the means to finance home remodels and repairs,” said Frank Martell, president and CEO of CoreLogic. “With rates still ultra-low by historical standards, home-equity loans provide a low-cost method to finance home-improvement spending. These expenditures are expected to rise 5% in 2019.” Underwater homes rise But for 35,000 homeowners with mortgages, the fourth quarter of 2018 saw them added to those who owe more than their home is worth. The total number of underwater homes rose 1.6% quarter-over-quarter to 2.2 million, a 4.2% share of all homes with a mortgage. The figures show that negative equity rose on a quarterly basis for the first time since Q4 2015 but on an annual basis there was a 14% decline (351,000) in underwater homes (total: 2.6 million homes, 4.9% of all homes with a mortgage). The national aggregate value of negative equity was approximately $300.3 billion at the end of the fourth quarter of 2018, up approximately $17.4 billion from the third quarter of 2018 and up year-over-year by approximately $14.4 billion. Positive outlook Despite the rise in quarter-over-quarter negative equity, the outlook is positive and could see hundreds of thousands of owners regaining equity. “Our forecast for the CoreLogic Home Price Index predicts there will be a a 4.5% increase in our national index from December 2018 to the end of 2019,” said Dr. Frank Nothaft, chief economist for CoreLogic. “If all homes experience this gain, this would lift about 350,000 homeowners from being underwater and restore positive equity.”
Set your self apart from the competition, get with the right company and grow generically.
Only the most exclusive homes for our clients.
Open house this weekend come check us out....
Casas nuevas que van estar listas en Junio
Making a difference for our clients
New listing hit the market, brought to you by Bleu Palms Group. 100% commission and no transaction fee's It's that simple call us today