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Report shows US mortgage rates dropped after Brexit

Zillow announced the current national 30-year fixed mortgage rate dropped from 3.41 percent to 3.37 percent last week. According to the real estate website, the drop could be partially due to the recent 52-48 referendum vote in the United Kingdom to leave the European Union, otherwise known as Brexit. “Brexit has certainly impacted mortgage rates,” […]

Employment growth slows in spring as skilled labor market tightens

Building wealth through homeownership is a steadfast pillar of the middle class. However, most people need savings in the bank first. The number of jobs lost or gained every month is telling of how many people will have the opportunity to take that step — whether it’s now or someday in the future. Global provider […]

How has DC rent changed since 1980?

With rents rising in cities and states across the U.S., many renters struggle with affordability. In Miami, Los Angeles and Orlando, for example, more than 55 percent of renters were cost-burdened in 2014, spending more than 30 percent of their income on rent. Rents have moderated recently in expensive metros like San Francisco and New York […]

Community spotlight: Missouri City

Missouri City/Google Maps screenshot About 20 miles southwest of Downtown Houston lies a community with an outstanding mix of high homeownership rates, safety and diversity: Missouri City. Last year, a study from NerdWallet ranked the suburban hideaway number nine for best places to live in Texas. According to current U.S. Census Bureau data, highlights for Missouri […]

Are you prepared for a future recession?

Now is a wonderful time to be in the real estate business. Home sales are up; home prices are up, and the demand for housing is strong. People have jobs, and the number of real estate agents and Realtors has been rising — four years in a row after falling five years in a row. […]

3D home of the day: urban Chicago townhome

This Chicago townhome has classic architecture but stays clean and contemporary inside, with modern fixtures throughout the kitchen, bedrooms and bathrooms. Matterport is a media technology company that makes it easy for anyone to create immersive, cloud-based 3-D models of real-world spaces that are used in real estate, hospitality and beyond. Email Bill Brown. Source: click here

Living in the Bay comes at a heavy cost

SerrNovik / Istock.com This is a contributing article from Trulia Although homes are coming off the market at a slower pace in San Francisco, prices continue to flourish. Eighty-five neighborhoods hold an impressively high percentage of million-dollar homes. The million-dollar listing escalation isn’t limited to San Francisco. Nationally, the share of million-dollar homes increased from 1.6 […]

3D home of the day: spectacular Miami penthouse

This five-bedroom waterfront masterpiece is the epitome of luxury. With its own private rooftop pool, private fingerprint elevator and four balconies to boot, it’s no surprise this tri-level penthouse is considered one of the most exclusive condos on the market. This home is currently on the market. View the penthouse website here. Matterport is a media technology […]

Real Estate Radio: How living life ‘as a contribution’ leads to transactional excellence

This week we are pleased to welcome Lennox Scott, the CEO of John L. Scott Real Estate based in Seattle, Washington. //www.inman.com/wp-content/uploads/2016/07/Inman-Lennox-Scott-070116.mp3 Scott joins us this week with a powerful session that can help you whether you are dealing with business challenges — or even a life-threatening illness, such as cancer. Here’s what he will be […]

Luxury listing: world class Montecito estate

This luxurious property in the Santa Barbara area was once home to late Philadelphia sports mogul Ed Snider, who commissioned the home to be built in 2001 by architect David E. Martin. The expansive property embraces an indoor/outdoor lifestyle, featuring a raised European-style glass tiled pool surrounded by rows of gardens, multiple fountains and a tennis court. Jim […]

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