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. […]
When the housing bubble popped in 2008, it was especially bad news for homeowners with mortgages — those who’d bought just before the slump found themselves paying off mortgages on homes that were suddenly worth less than the mortgage. That situation has been slowly rectifying itself. Black Knight Financial Services reported in its May 2016 Mortgage […]
Need news in a flash? Here’s what’s happening in your community Los Angeles has one of the highest rent growth rate forecasts for the end of the year, according to Yardi’s most recent report. L.A. rent growth will reach 7.1 percent by the end of 2016, Yardi Matrix says, putting the City of Angels in the sixth spot […]
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 […]
Real estate listing descriptions can be a fascinating reflection of regional character and culture. Idaho loves its soaker tubs, while Alaskans can’t get enough Southern exposure. The latest trend taps into a quirky cultural phenomenon that has resurfaced since its beginnings in the late ’90s and early 2000s — Pokémon. Pokémon is a Japanese anime cartoon that […]
This article is a follow up to reading Kelly’s Hager’s great article on profitability. I highly recommend reading it because you’ll learn (or be reminded) that: Focusing on the process, instead of the outcome, is beneficial toward reaching your goal. The work you do today sets up your career and income in the future. If you want […]
By Christo Volschenk; reposted with permission from AIM Group‘s Classified Intelligence Report. An annual general meeting of Scout24 Group, held June 23 in Berlin, shed light on the impact of the German Rental Law Amendment Act on Germany’s 34,000 real estate agents. The new law (introduced last year) requires that brokers must be paid by […]
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 […]
Imagine if every open house you hosted could become a fun event that attracts people from the local area. And when they attend, they advertise the house for you — via Snapchat. If you’re looking to target those elusive millennials, you’ve just discovered your medium. On any given day, Snapchat reaches 41 percent of all […]
The 60639 ZIP code comprises Chicago neighborhoods Belmont Central, Belmont Cragin, Hermosa and Whiskey Point. The area sits in Cook County, about a 20 minute drive from downtown. 60639 home values to increase through next year Click To Tweet According to Best Places, the ZIP code has a population of 90,763 and an unemployment rate of 8.4 percent, and recent job […]
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