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By Phone: (Office)
By e-mail: leybaproperties@yahoo.com
Address: Leyba Real Estate LLC
Post Office Box 29624
Santa Fe, NM  87592

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Builder Confidence Plunges on Rising Interest Rates, Growing Affordability Woes
5/18/2022 4:02 AM
In a sign that the housing market is now slowing, builder confidence took a steep drop in May, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released this week. Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, and this… Read More
 
More Than Half of Mortgage Borrowers Didn’t Shop Around
5/18/2022 4:01 AM
When it comes to getting a mortgage, comparing lenders and shopping around can get you the best rates, but a recent survey by LendingTree shows most people are not doing that. The company recently surveyed more than 1,000 homeowners to find out why some compare and save, while others believe they got the best rate without seeing c...Read More
 
Analysis Shows Multifamily Price Appreciation Outpaced Rent Growth
5/17/2022 4:01 AM
Real estate investors are sweet on multifamily—so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether that demand can continue or a bubble burst is on the horizon is the focus of a new Multifamily Trading Bulletin from Yardi® Matrix. The Yardi Matrix… <...Read More
 
Rent Is at an All-Time High, but Renters Still Have Opportunities to Save
5/13/2022 2:02 PM
The U.S. rental market is as competitive as it’s been in decades, and renters are facing a variety of challenges. High demand is keeping vacancy rates near all-time lows and pushing rents up almost as quickly as home prices. Recent reports show rent prices shot up nearly 17% in the past year, with the typical… The post Read More
 
Multifamily Rents Record Another Significant Jump
5/13/2022 2:01 PM
The average U.S. asking rent rose $15 in April to an all-time record $1,659, with year-over-year growth moderating by 50 basis points but remaining high at 14.3%, according to the latest Yardi® Matrix Multifamily Report released this week. “Although there are a few weak spots, multifamily demand and rent growth remain incredibly strong thro...Read More
 
Commercial/Multifamily Borrowing Jumped 72% in the First Quarter of 2022
5/13/2022 2:00 PM
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In line with seasonality trends, originations during the first three months of 2022...Read More
 
Home Builders Warn of Significant Affordability Declines
5/12/2022 2:00 PM
Housing affordability posted a modest gain for average conditions in the first quarter of 2022, as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating conditions as a sharp jump in mortgage rates in March and April coupled with ongoing building…...Read More
 
Mortgage Credit Availability Decreased in April
5/11/2022 4:02 AM
Mortgage credit availability decreased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. Key stats: The MCAI fell by 3.2% to 121.1 in April. A decline in the MCAI indicates that lending standards are tightening, while increase...Read More
 
U.S. Mortgage Delinquencies Continue to Fall in February
5/10/2022 2:02 PM
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to CoreLogic’s latest Loan Performance Insights Report. To gain a complete view of…Read More
 
Realtor.com® April Housing Report Shows Inventory Is Readying to Rebound
5/10/2022 2:01 PM
April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com® ‘s latest Monthly Housing Trends Report released this week. Inventory improvements were led by increases in the share of mid-sized homes, which cou...Read More




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Builder Confidence Plunges on Rising Interest Rates, Growing Affordability Woes
5/18/2022 4:02 AM
In a sign that the housing market is now slowing, builder confidence took a steep drop in May, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released this week. Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, and this… Read More
 
More Than Half of Mortgage Borrowers Didn’t Shop Around
5/18/2022 4:01 AM
When it comes to getting a mortgage, comparing lenders and shopping around can get you the best rates, but a recent survey by LendingTree shows most people are not doing that. The company recently surveyed more than 1,000 homeowners to find out why some compare and save, while others believe they got the best rate without seeing c...Read More
 
Analysis Shows Multifamily Price Appreciation Outpaced Rent Growth
5/17/2022 4:01 AM
Real estate investors are sweet on multifamily—so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether that demand can continue or a bubble burst is on the horizon is the focus of a new Multifamily Trading Bulletin from Yardi® Matrix. The Yardi Matrix… <...Read More
 
Rent Is at an All-Time High, but Renters Still Have Opportunities to Save
5/13/2022 2:02 PM
The U.S. rental market is as competitive as it’s been in decades, and renters are facing a variety of challenges. High demand is keeping vacancy rates near all-time lows and pushing rents up almost as quickly as home prices. Recent reports show rent prices shot up nearly 17% in the past year, with the typical… The post Read More
 
Multifamily Rents Record Another Significant Jump
5/13/2022 2:01 PM
The average U.S. asking rent rose $15 in April to an all-time record $1,659, with year-over-year growth moderating by 50 basis points but remaining high at 14.3%, according to the latest Yardi® Matrix Multifamily Report released this week. “Although there are a few weak spots, multifamily demand and rent growth remain incredibly strong thro...Read More
 
Commercial/Multifamily Borrowing Jumped 72% in the First Quarter of 2022
5/13/2022 2:00 PM
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In line with seasonality trends, originations during the first three months of 2022...Read More
 
Home Builders Warn of Significant Affordability Declines
5/12/2022 2:00 PM
Housing affordability posted a modest gain for average conditions in the first quarter of 2022, as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating conditions as a sharp jump in mortgage rates in March and April coupled with ongoing building…...Read More
 
Mortgage Credit Availability Decreased in April
5/11/2022 4:02 AM
Mortgage credit availability decreased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. Key stats: The MCAI fell by 3.2% to 121.1 in April. A decline in the MCAI indicates that lending standards are tightening, while increase...Read More
 
U.S. Mortgage Delinquencies Continue to Fall in February
5/10/2022 2:02 PM
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to CoreLogic’s latest Loan Performance Insights Report. To gain a complete view of…Read More
 
Realtor.com® April Housing Report Shows Inventory Is Readying to Rebound
5/10/2022 2:01 PM
April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com® ‘s latest Monthly Housing Trends Report released this week. Inventory improvements were led by increases in the share of mid-sized homes, which cou...Read More