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 […]
Need news in a flash? Here’s what’s happening in your community CoreLogic reported the highest rates of foreclosure by state, with New Jersey leading the pack, followed by New York, which reported 3.2 percent rate of foreclosure. OneTitle National Guaranty Company, Inc. released a report finding that homebuyers and investors in New York paid an estimated $155.3 […]
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 […]
The 90505 ZIP code comprises part of the city of Torrance, about a 50 minute drive from Los Angeles. The area sits in Los Angeles County and is known for its easy climate, low crime rates and proximity to the Pacific Ocean. Majority of 90505 home values to increase through 2016 Click To Tweet According to Best Places, the ZIP […]
Just 10 years ago, easy credit and lax banking lending standards in the U.S. residential real estate market were partly to blame for a housing bubble that popped and caused over 7 million borrowers to lose their homes to foreclosure during the 2008 housing downturn, which triggered the Great Recession and unleashed a global financial […]
In this week’s video, Peter Lorimer of PLG Estates talks about the value of consistently holding open houses — even when you have multiple offers. Source: click here
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