Need news in a flash? Here’s what’s happening in your community May was kind to Chicago’s housing situation, with tightening inventory and homes staying on the market for less time, according a recent market report from Re/Max Northern Illinois. Black Knight Financial Services released its April 2016 home price index data for Chicago, finding the metro’s home price index value […]
Check Inman every day for the daily version of this market roundup. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan […]
When real estate agents across the country gather to complain about the things making their lives difficult, one of the top gripes in 2016 has to be “inventory.” Where is the supply to meet buyer demand? This month, the U.S. Census Bureau reported that new private residential construction spending in May was estimated at a […]
U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]
Many years ago, I was a residential real estate agent in Southern California. When I had clients who were buying second homes, I was always afraid to recommend they put their property up as a short-term rental due to the fact the property might get damaged and the client might take it out on me for […]
The tendency for humans to make dumb or unknowable decisions has torpedoed countless real estate transactions. But while some silly, frustrating or nefarious behavior can’t be helped, real estate agents who know how human fallibility tends to manifest in their business can head off many snafus. From down-payment-draining boob jobs to botched faxes, here’s a list of some deal-breakers that have probably caused their fair share of frustration. 1. Buying […]
Reposted with permission from Decker Bullock Sotheby’s International Realty Bay Area home designer Tineke Triggs founded Artistic Designs for Living in 2001 and has since created one of San Francisco’s preeminent design firms working in the city and Marin County. She has a unique ability to transform interiors using a combination of left and right brain thinking and […]
New York City summers have a certain buzz, but the Fourth of July steals the show every year. With the 40th annual Macy’s East River fireworks display right around the corner, deciding the best spot to observe and snapshot the ceremonious show can be troubling. Luckily for some, NYC rooftops provide awe-inspiring views that are perfect for […]
This Houston mansion was built for a boss, with a spacious master suite on the second floor complete with a spa-like bath and custom-built closet. Sitting near the Royal Oaks Country Club, the house also features a library and wine cellar. The home is listed at $1.895 million by Brandey Heckeroth with Heritage Texas Properties. Have […]
For Coty Houston and David Yost, the four-bedroom home they found on Craigslist was love at first listing sight. According to an article on Cleveland.com, the house didn’t signify a new place to lay their heads but a new life, one that would take them out of their current neighborhood plagued with drug activity and into […]
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