City by city throughout the nation, residents are standing up against short-term rentals. Although the trend isn’t necessarily new, the increase in popularity has led to some residents fighting to keep travelers out of their communities. Ordinances and regulations over the past year have been introduced in several vacation towns where travelers flood the area, even […]
Need news in a flash? Here’s what’s happening in your community San Francisco rent growth is forecasted as the highest in the nation, according to Yardi Matrix’s May report, which says average rent will grow 10.5 percent by the end of 2016 — right above Sacramento’s 8.8 percent. Yardi Matrix Despite having some of the highest […]
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 […]
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 […]
Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires July 5 Michelle Mejia Argent Retail Advisors, a retail brokerage in Mission Viejo, California, hired Michelle Mejia as its new director of marketing and operations. In her new role, she will oversee and spearhead strategy for all of the […]
Need news in a flash? Here’s what’s happening in your community The S&P/Case-Shiller Home Price Indices showed New York City’s average home price to be $180,220 in April — 0.3 percent growth over March following the same growth from the month before. Since April 2015, average home prices have climbed 2.6 percent in NYC In just one year, […]
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COVERAGE AREA: Atascosa, Bandera, Bexar, Chambers, Comal, De Witt, Dimmit, Frio, Gonzales, Guadalupe, Karnes, Kendall, Kinney, La Salle, Live Oak, McMullen, Medina, Uvalde, Wilson, Webb, Zavala, Zapata
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