The saying goes that you have to see something to believe it — well, homeowners all over the country are seeing home prices skyrocket and believe that their home, too, should be worth more than they paid for it. According to the latest Quicken Loans Home Price Perception Index (HPPI), those perceptions are off by about […]
Thanks to technology, RoofStock allows real estate investors to manage their holdings similar to portfolio investments — and now it’s eyeing various markets across the country. The website that lets investors purchase tenant-occupied, single-family rental homes is now listing homes in Miami and Los Angeles. “Miami represents a natural extension of our Florida presence, and has been a market characterized 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 […]
A new quarterly report from Ideal Properties reveals a slight temperament in Brooklyn sales prices between the first two quarters of 2016. Nonetheless, both Brownstone and North Brooklyn grew 2.3 percent in price compared to the same period last year. Brownstone’s residential properties sold for an average $1.361 million in Q2, while median prices sold […]
Thanks to technology, RoofStock allows real estate investors to manage their holdings similar to portfolio investments — and now it’s eyeing various markets across the country. The website that lets investors purchase tenant-occupied, single-family rental homes is now listing homes in Miami and Los Angeles. “Miami represents a natural extension of our Florida presence, and has been a market characterized by […]
Here’s one sign investors are hot for real estate tech: A new real estate accelerator found and recruited one startup off social media. John Henry, program director of real estate tech accelerator AREA, said he’s “proactively sourcing” startups. He uncovered Spacio, an app designed to help agents milk open houses for more leads, by surfing Twitter. Spacio is one of six startups to […]
This historic manor in Alexandria, Virginia, once hosted French General Marquis de Lafayette during his grand tour of America at the invitation of President James Monroe in 1824. Despite hundreds of years passing, the house has still kept its elegance, with double parlors, pine flooring and a spacious library on the upper level. PreviousNext jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);$(“#ism-slideshow-1”).on(“slid.bs.carousel”, function […]
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 […]
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