Zumper recently examined May’s median rent prices of one-bedroom homes in Chicago this summer. Here are its findings: Since May 2015, the price of one-bedroom units in Chicago decreased 4.4 percent, while two-bedroom units increased a slight 0.8 percent. Near North Side fetched a median price of $2,100 for one-bedroom units in May and was Chicago’s most expensive neighborhood to rent […]
Here in Contra Costa, our real estate market is currently fueled by two things: technology and seniors. In many parts of the country, technology and senior-centric real estate is becoming more than a trend. As a real estate broker, I have found that Generation X is more prone to rent a home right now than […]
Bots — they’re everywhere. You can’t read anything without reading about the latest bot craze. But why now? Why are companies like CNN, Wall Street Journal and potentially Zillow investing in this tech, and what does any of it mean for you as a real estate agent or broker? To start, what exactly is a bot? A bot […]
The saying goes that you have to see something to believe it — well, homeowners all over the country are seeing home prices skyrocket and believe that their home, too, should be worth more than they paid for it. According to the latest Quicken Loans Home Price Perception Index (HPPI), those perceptions are off by about […]
You want a sale, and so does the seller. So, why are you often accused of only wanting to price the home to pad your pocket faster? It’s all about how you present your case. Pricing a home to sell can feel like a tug-of-war with the seller, but it doesn’t have to be. Change […]
Silver Hill Funding (SHF) underwrites small balance commercial mortgages, a niche business that is gaining traction and popularity for developers across the country. And as the economy returns to pre-housing crisis levels, SHF is opening its doors to service borrowers nationwide and looking to partner up with local banks. SHF typically originates loans in the […]
Zumper recently examined May’s median rent prices of one-bedroom homes in Chicago this summer. Here are its findings: Since May 2015, the price of one-bedroom units in Chicago decreased 4.4 percent, while two-bedroom units increased a slight 0.8 percent. Near North Side fetched a median price of $2,100 for one-bedroom units in May and was Chicago’s most expensive neighborhood to rent […]
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 […]
Buckhead Investment Partners of Houston, the developer of the controversial Ashby Tower high-rise in Houston, will not have to pay $1.2 million in damages to neighboring residents. Ashby Tower has been making waves in the Houston community since 2007. Residents of surrounding neighborhoods such as Boulevard Oaks have continued to petition the city against the development, […]
We’ll add more market news briefs throughout the day. Check back to read the latest. 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 […]
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