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 […]
The phrase “hot housing market” gets thrown around frequently, but a jump in sale price alone doesn’t necessarily indicate a lively market, according to Pro Teck Services’ May Home Value Forecast report. Determining a truly hot housing market takes deeper evaluation, such as sold price percent change, list-to-sale price ratio and percentage of foreclosure sales, among […]
Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires June 28 Sandra Eaton The Mark Company, a San Francisco-based urban residential development sales and marketing firm, announced that Sandra Eaton is the new vice president of sales, and that Matt Dietsch has been promoted to senior […]
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 […]
The 33304 ZIP code comprises parts of Fort Lauderdale and Oakland park, about a 45 minute drive from Miami and minutes from the coast. The upscale area sits in Broward County and is known for its Galleria Mall and numerous beaches. 33304 home values to continue dropping through 2016 Click To Tweet According to Best Places, the ZIP code […]
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 […]
There is seldom a one-size-fits all response when it comes to marketing, so the answer to my question requires some elaboration. The key lies in understanding the pros and cons, so that a real estate agent may make the best decision. However, before discussing the pros and cons, I feel that it is necessary to […]
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 […]
The 60532 ZIP code comprises the city of Lisle, about a 35 minute drive from Chicago. The area sits in DuPage County and borders numerous golf courses an nature preserves. 60532 home values growth split through 2016 Click To Tweet According to Best Places, the ZIP code has a population of 26,695 and an unemployment rate of 6 percent, and […]
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 […]
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