Sometimes newer really is better. And many Chinese homebuyers would say that’s the case when perusing properties for sale in the U.S. In a recent survey by international real estate portal Juwai.com, Chinese would-be buyers of U.S. real estate ranked from one to 10 how strongly they would consider different types of homes. Respondents gave the […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Ten-X Residential Real Estate Nowcast for June 2016: Existing home sales will fall between seasonally adjusted annual rates of 5.38 and 5.74 million, with a targeted number of 5.56 million. This is a slight 0.5 percent increase from May. It also […]
Sacramento housing statistics all point to the telltale signs of a strong seller’s market with a low supply of homes for sale countered by strong demand from local buyers and “Bay Area refugees” flush with cash. But there are some early indications that the ground below this fundamentally sound market foundation is slowly beginning to […]
Redfin might have disrupted the real estate space by offering lower commissions for sellers, but Federated Realty of Washington D.C. wants to take that number even lower. Rather than applying a standard 3 percent selling commission, or even Redfin’s 1.5 percent, the lean brokerage operates on a $1,000 flat fee structure — no matter the price of the home. Federated collects […]
Today, mortgage rates hit new 2016 lows — and some companies are reporting the lowest rates in three years. [graphiq id=”i58tjFMAjVb” title=”30-Year Average Fixed Rate Mortgage in the United States” width=”650″ height=”493″ url=”https://w.graphiq.com/w/i58tjFMAjVb” link=”http://mortgage-rates.credio.com” link_text=”30-Year Average Fixed Rate Mortgage in the United States | Credio” ] So if homeowners aren’t thinking about selling right now, […]
The market is heating up in South Florida, according to the Realtors Association of the Palm Beaches (RAPB). Many South Florida Realtors are vouching for the strong selling opportunity in the area, which includes Palm Beach County, St. Lucie County and Martin County. All counties saw median sale price growth and inventory expansion in May, according to […]
Black Knight Financial Services released its April 2016 home price index data for New York City, based on summarized sales data — here’s how the metro measured up. NYC home price index value In April 2016, Black Knight showed the metro home price index value at $439,000, up 1.3 percent month-over-month and 4.5 percent year-over-year. […]
Brokerages offering tech platforms to other industry players is becoming all too common these days. In keeping with the innovative times, one of New York City’s most established real estate development firms released a cloud-based building operations platform. Nantum by Prescriptive Data LLC – a subsidiary of Rudin Management Co. – can eliminate excess costs and increase sustainability […]
If you’ve been paying attention, you know this year’s presidential election is anything but regular. But is the highly-publicized and lesser-of-two-evils narrative creating hesitation among California homebuyers? The run isn’t over, so it’s too early to say for 2016. Historically, however, elections have little impact on the Golden State housing market, a California Association of Realtors […]
Known as “Oiltown, USA,” Tomball gained exposure when Exxon and 20 other energy companies helped provide the Houston suburb with jobs and economic prosperity throughout the 20th century. Now, the town retains its historic roots while benefitting from parks, local businesses and community pride. Situated a little over 30 miles northwest of Downtown Houston, Tomball is […]
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