"Real Estate Market & Property News / Investment News"
Sun, 01 Mar 2015 21:11:56 EST
This three-level home in Manila has an interior design featuring local hardwood and abundant natural light.
Sun, 01 Mar 2015 21:10:46 EST
A roundup of real-estate news in the Greater New York area.
Sun, 01 Mar 2015 18:04:11 +0000
Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of REALTORS®. All major regions except for the Midwest saw gains in activity in January. The Pending Home Sales Index, a forward-looking indicator based on contract signings, climbed 1.7 […]
Sun, 01 Mar 2015 01:25:26 EST
Combining two condos to make one large unit adds coveted square footage. But the combo-condo boosts property values as well.
Fri, 27 Feb 2015 22:58:11 EST
Queens Village features single-family houses, quiet and plenty of diversity.
Fri, 27 Feb 2015 20:15:56 EST
A favorite of jet-setters and ‘60s free spirits alike, suzani textiles are a lovely way to tap into spring’s bohemian revival.
Fri, 27 Feb 2015 21:22:05 EST
Melissa Rivers, daughter of the late comedian, on five favorite items in her mother’s gilded triplex
Sat, 28 Feb 2015 05:03:15 +0000
This past week, both Home Depot, Inc., and Lowe’s reported high fourth quarter gains, with profits beating their own revenue projections as well as analysts’ estimates, according to a recent Bloomberg Business article. With sales at both home-improvement chains advancing over 7 percent, and more expensive purchases (ranging from 500 to 900 dollars) [...]
Fri, 27 Feb 2015 21:17:15 EST
The triplex apartment of Prince Nawaf bin Sultan bin Abdulaziz Al-Saud includes three bullet-proof panic rooms and a sushi island bar.
Fri, 27 Feb 2015 10:27:15 EST
Like many cities, New York doesn't have enough units to house its residents -- especially those at lower income levels. Here's how the city is working to solve the problem.
Fri, 27 Feb 2015 10:02:19 EST
Read full story for latest details.
Fri, 27 Feb 2015 10:33:34 EST
The roughly 15,000-square-foot unit is on the 41st and 42nd floors of the Lumina, a two-tower project that is generating sales from the tech industry
Fri, 27 Feb 2015 16:56:54 EST
A surprise interest-rate drop in January spurred a record number of homeowners to refinance. What you should know when rates fall again.
Thu, 26 Feb 2015 23:35:00 EST
Recently opened Café 55 brings a little Paris to New York’s financial district.
Fri, 27 Feb 2015 10:30:52 EST
The Fox News host and husband John Coale are seeking $1.825 million for their 18th-century Annapolis house.
Fri, 27 Feb 2015 09:58:52 EST
Here's what luxury homeowners are adding to their kitchens.
Thu, 26 Feb 2015 14:52:41 EST
They may conjure a whiff of old-fashioned parlors, but these decorative orbs are the cure for the cold-weather blues, argues one smitten writer.
Thu, 26 Feb 2015 10:18:30 EST
Lawmakers in several states, led by Nevada, are moving to rein in construction-defect laws, a change that would curtail allegedly frivolous litigation but also make it more difficult for homeowners with legitimate claims to sue home builders over flaws.
Thu, 26 Feb 2015 21:55:40 +0000
Real estate pros are in the business of selling, which is why generating leads is the lifeblood of a successful career. The challenge is, in the seller’s market we are currently in, finding new leads is not always easy. The 2014 NAR Profile of Homebuyers and Sellers reported that 70 percent of home sellers only […]
Wed, 25 Feb 2015 06:44:32 EST
Lamar Advertising reported that its revenue rose more than expected in the December quarter, after its funds from operations jumped 59% due to its conversion into a real-estate investment trust.
Wed, 25 Feb 2015 14:44:25 EST
Sales of previously owned homes slowed in January, a reflection of the rising prices and tight supplies that could constrain the housing market this year.
Wed, 25 Feb 2015 21:40:51 +0000
As CEO of Your Coach, an international coaching and training company, Tom Ferry has been helping real estate agents, brokers and others in the field create inner and outer wealth by helping them grow a prosperous business that they love. With 26 years in the industry, the renowned speaker has helped more than half a million […]
Wed, 25 Feb 2015 09:48:55 EST
Nadim Ashi plans to build a Four Seasons hotel and condos behind the legendary Surf Club in Miami Beach, part of a new vanguard of developers entering untapped markets for the luxury brand.
Tue, 24 Feb 2015 09:47:02 EST
Home prices climbed 4.5% in 2014, according to the closely-watched S&P Case/Shiller index of prices in 20 major U.S. cities.
Tue, 24 Feb 2015 07:58:32 EST
To afford a home in Pittsburgh, you'll need to earn just under $32,000 a year. But if you want a place of your own in San Francisco, you'll need to earn more than four times that amount.
Tue, 24 Feb 2015 22:24:41 +0000
The battle between Move and Zillow Group over Trulia’s listings continued this week, with a California judge granting Zillow Group’s request Monday for a temporary restraining order, requiring Move-owned ListHub to continue providing listing data to Trulia until at least March 12. Last week was a busy one for the two portal giants—Move, owned [...]
Tue, 24 Feb 2015 18:08:30 EST
Revel Casino Hotel has struck a new deal to sell the beleaguered Atlantic City. N.J., resort to Florida-based developer Glenn Straub.
Mon, 23 Feb 2015 21:34:25 +0000
Existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of REALTORS®. All major regions experienced declines in January, with the Northeast and West seeing the largest. Total existing-home sales, which are completed transactions [...]
Mon, 23 Feb 2015 14:44:48 EST
Calgary, Canada’s energy capital, is starting to feel the impact of the oil-price collapse.
Sun, 22 Feb 2015 18:06:00 +0000
A new study from the University of Southern California Lusk Center for Real Estate concludes that new household formation, a key driver of housing demand, has recovered after the job losses that accompanied the recession. While it was known that negative economic shocks such as major drops in employment reduce household formations, little was known [...]
Fri, 20 Feb 2015 19:55:08 EST
The housing crunch in San Francisco isn't just forcing out lower income renters, it's forcing out Fido, too. According to San Francisco animal welfare nonprofit SF SPCA, there's been a surge in owners abandoning their pets due to an inability to find pet-friendly housing.
Sat, 21 Feb 2015 03:00:44 +0000
In fast-moving developments this week between the real estate portal power players Move Inc., operators of realtor.com® and now owned by News Corp, and the newly formed Zillow Group, which includes Trulia, Move announced Thursday that its listing management service, ListHub will end its syndication agreement with Trulia as of next week. But in breaking [...]
Fri, 20 Feb 2015 10:36:04 EST
In the Kapalua Resort, the roughly 4,000-square-foot home has rammed-earth walls and glass panels opened by hydraulic lifts
Thu, 19 Feb 2015 20:19:08 EST
After a spate of legal and financial troubles, the celebrity-studded Florida enclave is setting new price records
Fri, 20 Feb 2015 12:29:33 EST
Read full story for latest details.
Fri, 20 Feb 2015 04:44:00 EST
Real estate can be risky for agents themselves. Fickle buyers, unforeseen structural issues, setbacks in financing can all scuttle a deal.
Fri, 20 Feb 2015 11:05:36 EST
In the Berry Islands, the 164-acre property includes plans for a 22,000-square-foot home with a moat and 16 Tiki-style bungalows on stilts.
Thu, 19 Feb 2015 22:20:52 +0000
We all have different opinions on what makes a truly great leader. According to former New York City mayor Rudy Giuliani, a great leader should be many things, from optimistic to well prepared. He should know. In addition to making major positive changes to the city of New York and being widely renowned as one […]
Thu, 19 Feb 2015 17:35:11 EST
After a smart purchase—and a five-year-long delay—a designer builds a glamorous three-bedroom duplex
Wed, 18 Feb 2015 21:31:30 +0000
Those using low down payment plans dropped last year, according to recently released news from RealtyTrac, who analyzed the size of down payments on nearly 20 million purchase loans for single family homes and condos nationwide from 2004 through 2014. Results show that in 2014 the share of buyers putting down 3 percent or less […]
Wed, 18 Feb 2015 21:33:26 +0000
Following on the heels of Zillow’s highly anticipated announcement that took place on Tuesday, February 17, 2015 that confirmed the completion of its acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction—and the formation of Zillow Group (a media company that maintains Zillow’s portfolio of consumer and business-to-business [...]
Tue, 17 Feb 2015 12:55:58 EST
Read full story for latest details.
Tue, 17 Feb 2015 21:07:37 +0000
Like last year, 2015 home sales are starting the year at a slower pace. January home sales were 3.9 percent lower than sales in January 2014, according to the January RE/MAX National Housing Report. Last year, sales improved dramatically during the spring and summer months and three of the last four months of 2014 recorded […]
Mon, 16 Feb 2015 21:06:36 +0000
Average fixed mortgage rates are moving higher amid a strong employment report, according to the results of Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). Regardless, fixed-rate mortgage rates still remain near their May 23, 2013 lows. “Mortgage rates rose last week following strong economic data,” says Len Kiefer, [...]
Sun, 15 Feb 2015 18:07:45 +0000
Nearly every factor generally associated with home sales has been turning for the better. We have more jobs, a growing population, rising rents, additional inventory choices, record-high household net worth, and exceptionally low mortgage rates. On top of these trends, there is accumulating pent-up housing demand from people who underwent distressed [...]
Fri, 13 Feb 2015 19:21:24 EST
Chicago's experiment in relocating poor African American families to rich white suburbs seems to be a success. So why are so few other cities doing the same?
Sat, 14 Feb 2015 05:03:37 +0000
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 119,888 U.S. properties in January, an increase of 5 percent from the previous month but still down 4 percent from a year ago, according to RealtyTrac®’s recently released U.S. Foreclosure Market Report™ for January 2015. The 5 percent monthly [...]
Thu, 12 Feb 2015 20:55:13 +0000
Considering the amount of time and resources that go into creating and growing a Facebook page, being suddenly caught without it could create a serious problem for your business. In fact, according to ActiveRain and Properties Online, 93 percent of social media traffic for REALTORS® comes from Facebook. So what happens if your Facebook account […]
Wed, 11 Feb 2015 21:19:43 +0000
Hit singles don’t necessarily equate to neighborhood popularity, as made evident when infamous pop prince Justin Bieber was recently voted the worst neighbor of 2014 in the eighth annual Zillow® Celebrity Neighbor Survey. Bieber earned the highest percentage of votes for worst neighbor in survey history, with 34 percent (that’s one out of every [...]
Wed, 11 Feb 2015 11:28:23 EST
There is no gift that says "together forever" like a cheap plot of land and an obligation to live there together for at least five years.
Tue, 10 Feb 2015 20:50:46 +0000
According to a report recently published by a new think tank, City Laboratory, more young professionals are opting for the cities over the suburbs. This has historically been the trend, but new data shows that this desire for urban real estate has skyrocketed in America’s major cities, and the migration is largely being driven by […]
Mon, 09 Feb 2015 10:18:33 EST
Black and Hispanic borrowers who apply for a conventional mortgage are denied twice as often as whites who apply for the same loans, according to Zillow.
Mon, 09 Feb 2015 21:49:17 +0000
Do you bristle when you hear wildly successful people say things like, “Love what you do and you’ll never work a day in your life”? Unless you eat a bowl of inspirational quotes for breakfast every day, chances are, you don’t say that with frequency. Does it make you feel like you are doing something […]
Mon, 09 Feb 2015 11:47:46 EST
Russian foreign-denominated mortgage holders sent a letter to President Vladimir Putin asking for help as ruble loses nearly half of its value in just six months.
Mon, 09 Feb 2015 13:11:56 EST
Adding 1,000 new tech jobs is great, unless it leads to skyrocketing home prices and traffic congestion.
Mon, 09 Feb 2015 17:01:38 EST
The lavish New York City condo that was home to the late comedian Joan Rivers for 25 years was put on the market Monday for $28 million.
Sun, 08 Feb 2015 18:07:16 +0000
A generation that has seen financial turmoil with a vision of opportunity. Tens of millions of people coming of age in a world impacted by politics and a global economy. Non-conformists and a major force for social change in the United States. Independent spirits that have and will continue to influence all aspects of society. […]
Sat, 07 Feb 2015 18:02:40 +0000
The American Dream of homeownership is certainly still alive. Consumers still dream of owning a home—whether a single-family with a white picket fence, a condo, or a multifamily home. But due to the economy, we’re seeing many folks getting creative with achieving that dream–from multi-generational living, to combining purchases with family members [...]
Fri, 06 Feb 2015 20:11:37 EST
Read full story for latest details.
Fri, 06 Feb 2015 12:44:59 EST
While the number of zombie foreclosures has fallen from last year, 19 states have seen a resurgence, a recent RealtyTrac report found.
Wed, 04 Feb 2015 10:30:41 EST
The United States is the top destination for those worth more than $30 million buying residential property valued at a million or more, according to a report from Wealth-X and Sotheby's International Reality.
Mon, 02 Feb 2015 10:53:13 EST
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
Mon, 02 Feb 2015 09:37:37 EST
There's all kind of talk about Julián Castro's political future. For now, the 39-year-old HUD secretary is pushing policies he says will help the middle class get homes.
Wed, 28 Jan 2015 22:44:17 +0000
NAR Broker Tip of the Month—In a speech to the Federal Trade Commission on Monday, January 12, President Obama unveiled new proposals to address how consumers’ personal data is handled. Among his proposals included “The Personal Data Notification & Protection Act” which clarifies and strengthens the obligations businesses have to notify [...]
Wed, 21 Jan 2015 21:05:26 +0000
A recently released study done by the Consumer Financial Protection Bureau (CFPB) found nearly half of Americans looking to purchase a home do not do their due diligence by shopping around for mortgage lenders. Rather, the survey found potential borrowers seriously consider only one lender, and that lender is often someone they’re already working [...]
Tue, 20 Jan 2015 21:47:31 +0000
HomeServices of America, a Berkshire Hathaway affiliate, announced Tuesday the consolidation of Berkshire Hathaway HomeServices Northwest Real Estate (based in Seattle, WA) and Berkshire Hathaway HomeServices Northwest Real Estate (based in Portland, OR), creating a regional Pacific Northwest brokerage. Jason Waugh, current president and CEO of Berkshire [...]
Mon, 19 Jan 2015 21:05:22 +0000
An interesting new paper published by economists at the Federal Reserve Bank of New York demonstrates the important role downpayment and wealth constraints play in shaping housing demand, particularly for lower-income homebuyers. Using survey data, the authors (Andreas Fuster and Basit Zafar) employ a strategy to measure housing demand impacts that [...]
Sat, 17 Jan 2015 05:00:54 +0000
Compare your monthly expenses to those of your grandparents (maybe even your parents), and you’ll probably find that your expense list is quite a bit longer. Over the decades, more and more conveniences, habits, and gadgets have found their way into our everyday lives. And gradually we’ve accepted them as normal, even necessary. (For instance, […]
Thu, 08 Jan 2015 20:08:37 +0000
There’s more news to report this week on the ongoing battle among the real estate search giants. Zillow disclosed this week in an SEC filing that its listing agreement with Listhub will end on April 7. In the filing, filed Jan. 6, Zillow revealed it will not renew its four-year listing data share agreement with […]
Wed, 17 Dec 2014 22:41:58 +0000
News Corp announced Wednesday that Ryan O’Hara will become Chief Executive Officer of Move, effective January 5, 2015. O’Hara will replace CEO Steven Berkowitz, who has led the company since January 2009. News Corp acquired Move, a leading provider of online real estate services, including realtor.com®, last month. “We are excited to have secured [...]
Mon, 08 Dec 2014 21:53:03 +0000
A few years ago, I wrote a post on Econsultancy detailing my escalating frustration with property websites and agents when looking for a place to live. So I was particularly pleased to hear about RentalRoost, a U.S. company aiming to disrupt the property market and place more power in the hands of the buyer. We […]
Tue, 02 Dec 2014 20:34:49 +0000
One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 17 percent gain since the third quarter of 2013. According to data from the FDIC and NAHB analysis, [...]
Wed, 19 Nov 2014 21:27:52 +0000
Brad Korb, broker/owner of The Brad Korb Real Estate Group in Burbank, Calif., uses Zillow to stay on top in his local market. As both a Zillow Premier Agent and a Zillow Pro for Brokers partner, Korb’s agents benefit from immense exposure in the Burbank area and up-to-date, accurate listings. In the following interview, Korb […]
Mon, 03 Nov 2014 21:06:44 +0000
Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the National Association of REALTORS®. The survey additionally found that an overwhelming [...]
Mon, 27 Oct 2014 14:30:20 +0000
Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched 0.3 percent to 105.0 in September from 104.7 in August, and is now 1.0 percent [...]
Wed, 22 Oct 2014 20:27:58 +0000
Kevin Kelleher, president and CEO of Cartus, addressed RISMedia’s Real Estate CEO Exchange in New York City on September 10, 2014. He has led Cartus throughout its growth and transformation from a predominantly U.S.-centric relocation firm into a global market leader in related HR and financial services. He spoke about corporate trends in employee [...]
Tue, 21 Oct 2014 14:11:59 +0000
After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, [...]
Mon, 20 Oct 2014 20:05:16 +0000
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new lows for the year as 10-year bond yields briefly dipped below 2 percent. At 3.97 percent the average 30-year fixed rate is at its lowest level since the week of June 20, 2013 when it […]
Tue, 14 Oct 2014 20:47:02 +0000
Whether you’re simply speaking at an open house, addressing your entire company or taking over a panel, below are six ways to really rock your public speaking—and don’t worry, I’m not going to tell you to picture anyone in their Underoos. First, create a speech map. Instead of (or in addition to) writing everything down […]
Mon, 13 Oct 2014 21:33:27 +0000
(MCT)—To improve financial literacy, you have to reach children at an early age so they can establish a strong foundation. Texas is off to a good start. Starting with the current school year, students from kindergarten through eighth grade are required to take financial literacy lessons in their math classes. And high school seniors get […]
Mon, 13 Oct 2014 21:30:19 +0000
For the second consecutive year, RE/MAX, LLC has received the highest global ranking among real estate franchises by Entrepreneur magazine. Appearing in the October edition, Entrepreneur’s annual global rankings of U.S.-based franchises placed RE/MAX highest among real estate brokerage franchises for 2014, and 39th overall. 7-Eleven and Pizza Hut headed [...]
Wed, 08 Oct 2014 20:39:15 +0000
With the November mid-term elections around the corner, it is important to remember that there are still a number of issues that Congress has to address. While Congress will return for a lame duck session after the election, the issues they will debate remain unknown. Some key issues that impact the business of real estate […]
Tue, 05 Nov 2013 11:10:09 EST
Calculate the return on your home and how it compares to returns on stocks, bonds and overall home prices.