Zumper recently examined May’s median rent prices of one-bedroom homes in Washington D.C. this summer. Here are its findings: Over the past year, rents for both one and two-bedroom units in Washington D.C. have appreciated around 8 percent. Downtown-Penn Quarter-Chinatown and Logan Circle-Shaw were tied for the most expensive rental neighborhood in May, both asking for a median of […]
Gone are the days of farming with postcards. They’re expensive, end up in the trash almost immediately and never reach further than the hand that plucks them from the mailbox. If you want to be the go-to agent for a neighborhood, the easiest way is to show that you’re part of the community, and the […]
The Manhattan real estate market kicked off the year with a strong foot forward, according to Compass’ recently released Q2 2016 Manhattan Market Report. Inventory and prices increased annually over last year by the end of the second quarter of 2016, and nearly all major markets and neigborhoods are progessing in the same direction, the report […]
Apartment List recently released the July rent report for Houston. The city continues to be one of Texas’ most affordable for renters, with year-over-year rent growth at a slower pace than both national and state averages. Houston rents up 0.3 percent over last year Rents in Houston stayed flat in June, with median rent prices for […]
After Britain voted to leave the European Union, business and economic leaders began to grow a bit frantic. How will the exit impact foreign investment in U.S. real estate following the decision? Likely, it’s going to depend on the location. While cities on each coast may see a bit more of an impact, experts believe the […]
One of the most persistent myths still making its rounds is that you need 20 percent down to get a mortgage. In fact, you have not needed 20 percent down since FHA went into business in 1934. In recent years, as lenders scramble for millennial borrowers, low down payment programs have proliferated like rabbits, including […]
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Clareity Security’s back-end, white-label Broker Dashboards are a new brokerage management solution. Platform(s): Browser-based Ideal for: Large brokerages Top selling points Single sign-on to all in-house software tools Central source for broker-agent communications Number of prominent third-party partnerships […]
On the heels of Brexit, the ultra-luxury housing market is in question. Mega-mansions and lush estates in Los Angeles are prone to price cuts, according to a recent story in the Los Angeles Times, but the slowdown was somewhat expected this year even before Britian’s vote. The oil turn, global economics and rising home prices in the U.S. […]
Oh, goody. More chaos. Long-term rates all over the world have been cruising lower, pulled down by trouble over there — trouble which we’ve known about for years, but which Brexit emphasized. The rate downslide got an extra boost from behind last month from news that the U.S. labor market had all but stalled. The […]
Freddie Mac released it’s monthly Multi-Indicator Market Index (MiMi) last week, measuring housing activity on a national and state scale and providing relative data for the top 100 metro areas in the nation. MiMi ranks each state and city based on four indicators: purchase application rate, which is based solely on applications for single-family homes in the […]
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