Added by Rejj Smooth on February 12, 2012 at 9:00pm — No Comments
There was a time when providing great service in real estate meant getting an understanding of the lifestyles of clients and teaching them what they didn’t already know. Simply providing them with information on homes for sale, pricing, current mortgage rates and data relevant to the transaction gave practitioners a strong leg-up as consumer access to such information was limited.
“Today, that doesn’t happen anymore,” says Austin Allison, CEO of DotLoop,…Continue
MIAMI, Fl 11/2/2011.- Which cities are seeing median list prices increase the most? Nationally, median list prices have risen 1.60 percent to $190,000, according to year-over-year listing data from September 2011 by Realtor.com, based on 146 markets.
Yet, in some cities, median list prices in that time…Continue
WASHINGTON – Nov 1, 2011 – The nation’s largest home builders say that buyer traffic has picked up, sales increased and prices are stabilizing, according to The Wall Street Journal. The Commerce Department reported that, for the first time in five months, new-home sales rose, increasing 5.7 percent in…Continue
Added by GLOZAL on November 1, 2011 at 10:30am — No Comments
MIAMI, FL 10/27/2011. Bismarck, N.D is expected to see some of the strongest gains in home appreciation in the next year, according to a new report from Veros Real Estate Solutions, a risk management and collateral valuation service. With a low unemployment rate at 3.5 percent and a growing economy,…Continue
MIAMI, FL 10/27/2011. Rising rents are forcing renters to outspend home owners on housing costs, according to a new study.
Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand, in that same time period, renters’…Continue
WASHINGTON – Oct. 26, 2011 – America needs strong housing policies that ensure a robust recovery – ones that do not further weaken the nation’s housing market, according to one recommendation created by the bipartisan New Solutions for America’s Housing Crisis forum on Oct. 4 and endorsed by the…Continue
Added by GLOZAL on October 26, 2011 at 3:27pm — No Comments
NAR worked with two well-respected policy think tanks – the Progressive Policy Institute (PPI) and the Economic Policies for the 21st Century (e21) – that organized and conducted a policy meeting on October 4. New Solutions for America’s Housing Crisis brought…Continue
Added by GLOZAL on October 26, 2011 at 3:22pm — No Comments
Forget the toasters and champagne flutes: More engaged couples are doing a different type of wedding registry that allows them to collect cash for a down payment on a home, according to a recent article in The Washington Times.
An option for some couples is a nontraditional wedding…Continue
A study published in the New England Journal of Medicine indicates that moving from a very poor neighborhood to a less-disadvantaged one could improve the health of low-income mothers.…Continue
Miami, FL Oct. 19, 2011
CoreLogic released today their U.S. Housing and Mortgage Trends, a report that provides data on housing sales, valuation, negative equity, shadow inventory and foreclosure activity and trends.
CoreLogic report shows that homeownership rates for the 25 to 34 and 35 to 44 prime homebuyer age cohorts are down almost 10 percent in 2010 compared to 1980.
The report also shows:
MIAMI – Oct. 17, 2011 – Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows – hidden neatly away on banks’ balance sheets, stalled in foreclosure court proceedings, or simply occupied by nonpaying owners as lenders wait months or years before taking action.
The housing market’s ballooning shadow inventory – buoyed by a yearlong foreclosure slowdown – stands as its most menacing problem, threatening to stifle recovery for…
Miami, FL. – Oct. 17, 2011 – Online listing company Trulia used a gender analysis software tool to study the agents representing its listings. It then created a color-coded map of the U.S. If a state had a majority of women, it was pink; if men made up over 50 percent, it was blue.
WASHINGTON – Oct. 13, 2011 – American consumers pay close attention to economic news and what policymakers say, and they continue to link their personal financial outlook to events occurring nationally. As a result, Fannie Mae’s September National Housing Survey finds most consumers still pessimistic…Continue
Your credit score is an important factor in qualifying for the lowest, most competitive interest rate when purchasing a home. A new analysis by the credit bureau Experian reveals which cities tend to be more creditworthy than others.
In Experian’s second annual State of Credit list, it compiled…Continue
Added by GLOZAL on October 12, 2011 at 4:53pm — No Comments
Several states are posting year-over-year gains in home values, according to a newly released index for August by CoreLogic, which tracks price changes in repeat sales of homes.
According to CoreLogic, here are the states with the largest year-over-year gains in single-family home prices:
Added by GLOZAL on October 12, 2011 at 10:15am — No Comments
It’s just another day for City of Fort Wayne employee Paul “P.J.” Thuringer. He grabs his briefcase and helmet and jumps on his bicycle for his three-mile commute to work. “I ride my bike to work every day on the Fort Wayne Trails,” says Thuringer.
Jim Reilly, another Fort Wayne resident, is…Continue
Added by GLOZAL on October 11, 2011 at 9:02am — No Comments
The nation's residential shadow inventory as of July declined slightly to 1.6 million units, representing a supply of five months, according to a report from CoreLogic.
That's down from 1.9 million units, a supply of six months, from a year ago, and follows a decline from April when…Continue
Added by GLOZAL on September 28, 2011 at 2:53pm — No Comments
CHICAGO – Sept. 26, 2011 – If agents are working with a house-hunter determined to secure a major bargain – and that client found a home that meets his or her needs – experts say agents should write up the buyer’s low-ball…Continue
While the recession officially ended in mid-2009, young adults in their 20s and 30s continue to feel the after-effects, facing the highest unemployment since World War II and at risk for living in poverty more than other age groups. Young adults are purchasing fewer homes, unable to find work, avoiding long-distance moves, moving in with their parents, and even delaying marriage, new data from the U.S. Census shows.
Richard Freeman, an economist at Harvard University, refers to young…Continue
Added by GLOZAL on September 24, 2011 at 3:08pm — No Comments