"Real Estate Market & Property News / Investment News"
Thu, 03 Sep 2015 20:06:36 +0000
When you’re looking for someone to do business with, you’re looking for people who will be an integral part of your world. Because of this, you need to make sure you develop a savvy team-approach to your business. This was the powerful message delivered by Lisa Archer in the most recent Secrets of Top Selling […]
Wed, 02 Sep 2015 20:35:50 +0000
Once a stain on housing, REOs and short sales are a reminder of the legacy of the housing downturn. Investors, seeking discount prices, transformed what was once undesirable into fashion-forward, instant cash flow in key markets. While in other markets, distressed inventory still hinders overall prices from getting a leg-up. With stocks plummeting last [...]
Wed, 02 Sep 2015 10:39:36 EDT
The government is trying to coax banks back to making mortgage loans to risky borrowers, after a string of expensive disputes over a federal loan program led some banks to conclude it wasn’t worth the headaches.
Tue, 01 Sep 2015 19:45:18 +0000
There is no single statistic that reliably identifies when a housing market is overvalued or when house prices are likely to fall, says Freddie Mac’s recently released monthly Insight & Outlook for August. Instead, substantial human judgment is also required. A video preview, along with the complete Insight & Outlook commentary is available here. [...]
Tue, 01 Sep 2015 17:29:02 EDT
Bob Evans Farms intends to sell and lease back some of its restaurant properties, targeting proceeds of $165 million to $170 million.
Mon, 31 Aug 2015 20:54:12 +0000
Despite the August increase in overall confidence, respondents’ appraisals of current conditions and expectations for the next six months were mixed. While 82 percent of respondents rated current business conditions “good” (23 percent) or “normal” (59 percent), 56 percent of respondents characterized employment conditions as “jobs not so plentiful.” [...]
Sun, 30 Aug 2015 17:08:32 +0000
We now lead digital lives. Everything from taxes and banking to the music and movies we buy is now often accessed via the computer. While this can certainly make things more convenient, it can also present a new set of issues. Not so long ago we might have stored our important information in a locked […]
Sat, 29 Aug 2015 04:03:08 +0000
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling to their lowest levels since May of this year amid substantial and ongoing global volatility out of China. “Events in China generated eye-catching volatility in equity markets worldwide over the past week,” [...]
Thu, 27 Aug 2015 20:53:21 +0000
Last week, we covered the importance of “triggers and tickles” and promised further search enlightenment through “cat-lady” insights. Before I fulfill that promise, here’s a brief recap of the fundamentals of “UnOptimization,” a way to more and “more better” traffic. Four tenets of UnOptimization: Goal is quality over traffic metrics [...]
Wed, 26 Aug 2015 21:07:40 +0000
The housing market is slowing down, with home values seeing the first negative monthly change since the market began its recovery nearly four years ago, according to the Zillow® July Real Estate Market Reports. Nationally, home value appreciation is leveling off after its rapid pace in the early years of the recovery. Homes lost 0.1 […]
Tue, 25 Aug 2015 21:02:14 +0000
An Iowa REALTOR® was recently the target of a phone call implying harm at an open house, again calling into question a practice that has long been subject for debate in the industry. The male caller, who phoned a female agent with Keller Williams Realty Greater Des Moines on Sunday morning, threatened to enact a […]
Tue, 25 Aug 2015 19:33:57 EDT
Macy’s is the latest major retailer to consider spinning off its real-estate assets into a separate company. But first it will have to decide what to do with its prized asset, the landmark building at New York’s Herald Square.
Tue, 25 Aug 2015 19:14:08 EDT
Since voters in Colorado legalized recreational use of marijuana in 2012, growers and distributors have gobbled up most of the available warehouse space in the Denver area, a major logistics hub for companies moving goods between the Midwest and the West Coast.
Mon, 24 Aug 2015 20:26:38 +0000
In today’s tech-savvy society, having an online presence is vital to business success. But trying to create an effective social media strategy for your company can be daunting to undertake and often comes with a steep learning curve. Where should you start? How much time should you dedicate to it? How consistent do you need […]
Thu, 20 Aug 2015 20:30:25 +0000
“Less is more.” The catch phrase of every minimalist is often used to talk about ad design, salt intake, or feng shui furniture layouts, but what about when it comes to web traffic? While this may seem contradictory to traditional search marketing goals, in 2015 it’s a mandate to ask: “Is more traffic necessarily better […]
Wed, 19 Aug 2015 20:46:28 +0000
Just Google it. A new tool we never knew we needed has just rolled out from deep within the goat-maintained Googleplex. Project Sunroof, engineered by East Coast Googler Carl Elkin, proves to solar-skeptical homeowners that solar power is attainable, affordable and practical. And who wouldn’t trust the all-knowing Google? The concept: plug in your [...]
Tue, 18 Aug 2015 20:42:25 +0000
The typical size of newly built single-family homes was effectively unchanged from the first to second quarter of 2015, posting small quarterly declines. The current data is consistent with the general trend of flat growth for the size of typical newly-built homes, a pattern that took hold during 2014. As first-time buyers return to the market, [...]
Mon, 17 Aug 2015 20:37:20 +0000
With TRID’s (TILA-RESPA Integrated Disclosure Rule) effective date of October 3, 2015 approaching, lenders, real estate agents and settlement agents need to be taking stock of their preparedness and communicating among themselves and with consumers about what to expect. Below is a “Top 5” for TRID Compliance by three individuals from organizations [...]
Sun, 16 Aug 2015 17:06:03 +0000
When real estate professionals are in the field, safety should be one of their utmost concerns. With REALTOR® Safety Month just around the corner, and the looming anniversary of Arkansas real estate agent Beverly Carter’s death, agents should take a few moments to reconsider how they can remain safe while meeting with clients and traveling […]
Sat, 15 Aug 2015 04:03:02 +0000
Real estate agents come into this business with a great attitude of making big money and serving a lot of clients. They believe that once they get their license, people will flock to them and they’ll automatically start selling houses. While I wish that were true, most agents find themselves struggling to make ends meet […]
Thu, 13 Aug 2015 20:22:15 +0000
We’ve made it through the dog days of summer. During this season, after months of researching properties online, buyers are taking to the streets in search of their next home. Real estate agents are plastering a sea of “Open House” and “For Sale” signs across every neighborhood they cover, all with the hopes of driving […]
Wed, 12 Aug 2015 20:20:18 +0000
The most significant part of the homebuying transaction is often price—knowing what your clients should pay for a home and developing a strategy to get to that figure. A new REALTOR® pricing certification course, Pricing Strategies: Mastering the CMA, will help real estate professionals refine their approaches to valuation. Set to launch at the 2015 [...]
Tue, 11 Aug 2015 20:52:27 +0000
The American housing stock continues to age, especially as residential construction continues its modest rebound after the Great Recession. According to the latest 2013 American Housing Survey (AHS), published by the Department of Housing and Urban Development, the median age of owner-occupied homes is 37 years old, compared to only 27 years old in 1993. [...]
Mon, 10 Aug 2015 20:26:46 +0000
In the latest RISMedia survey, we asked our readers whether they’re still using the good ol’ fashioned open house as part of their marketing plan. After an overwhelming response, the tribe has spoken: 56 percent says they were pointless, while 44 percent remained in favor. But this was just the tip of the surprising responses […]
Wed, 29 Jul 2015 21:06:57 +0000
After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South. The Pending Home Sales Index, a forward-looking [...]
Fri, 24 Jul 2015 02:33:57 EDT
Once dismissed as cheap and ugly, cork is becoming cool as top designers create pieces that are not only sustainable, but covetable.
Mon, 20 Jul 2015 02:33:16 EDT
The city Landmarks Preservation Commission is scheduled to hold a hearing Tuesday on designating the Stonewall Inn as an individual landmark for its pivotal role in New York City’s social history.
Thu, 09 Jul 2015 20:26:29 +0000
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents’ personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others are doubtful of their value. RISMedia wants to know: Are open […]
Fri, 03 Jul 2015 02:34:10 EDT
Take a tour of these classic residences, including Modernist designer Eileen Gray’s 1929 villa, now open to the public after years of restoration.
Sun, 28 Jun 2015 20:20:55 +0000
Consumers are hungry for information, and the Internet gives them unprecedented access to all kinds of it with a few clicks. When it comes to searching for a new home, buyers want as much data as possible to help them make informed choices. And sellers want to quickly find market trends and activity to make […]
Fri, 26 Jun 2015 02:35:21 EDT
Collectors are tuning into radios designed by Charles and Ray Eames—a more accessible way to own an original by the midcentury masters.
Wed, 17 Jun 2015 18:26:41 EDT
In a sign of the changing beverage market, a longtime plant and distribution facility of juice maker Ocean Spray Cranberries Inc. will soon be home to the company Bai Brands, which produces drinks made from the coffee fruit.
Tue, 16 Jun 2015 12:32:22 EDT
New York City’s rent regulations expired at midnight Monday as Albany lawmakers couldn’t agree on how to renew a law that afforded protection to more than two million people.
Sat, 13 Jun 2015 02:33:45 EDT
Even if you aren’t ready for Marie Kondo’s life-changing magic, you can still embrace the beauty of simplicity by investing in items that are functional and stylish.
Sat, 13 Jun 2015 02:32:34 EDT
The affluent New Jersey community, population 10,600, is about 25 miles from Manhattan. Residents are drawn by its well-regarded public schools, relatively low property taxes and bucolic atmosphere.
Sat, 13 Jun 2015 02:33:33 EDT
A slew of innovative app-based services help New Yorkers instantly book short stints at the smallest of city spaces—a bathroom, a living room, an office. Need a pit stop? Try Airpnp.
Thu, 11 Jun 2015 02:34:29 EDT
This luxury period-style home on more than 50,000 square feet of land has a national park out the back door and is just a 90-minute drive from Sydney.
Fri, 05 Jun 2015 02:33:05 EDT
Choose the perfect vase to display those long-awaited spring flowers at their best.
Thu, 21 May 2015 02:35:15 EDT
From his Pine Island, Fla., home, novelist Randy Wayne White writes amid the mementos of his life as an outdoorsman, adventurer and globe trotter.
Wed, 20 May 2015 22:28:15 EDT
The Kroeses are selling their waterside home in Westbrook, Conn., designed to complement lives spent largely on sailboats. The nautically themed home is on the market for $1.975 million.
Wed, 20 May 2015 22:46:21 EDT
A study by the advocacy group LiveOn NY has identified 39 parking lots in the five boroughs that it says are underused and would be better used as housing for seniors.
Sun, 17 May 2015 22:12:04 EDT
A round-up of commercial real-estate news in the Greater New York region.
Sun, 17 May 2015 22:06:50 EDT
With a new Chelsea condominium that’s 80% sold, Scott Resnick shows he’s up to the challenge of developing residential projects on his own.
Sat, 16 May 2015 02:34:06 EDT
A. Alfred Taubman, the self-made billionaire who cemented the enclosed shopping mall into American culture has died. He was 91.
Fri, 15 May 2015 02:35:01 EDT
A creative director crafts a San Francisco home dedicated to daring, whimsy and fun.
Fri, 15 May 2015 02:32:25 EDT
The “Austin Powers” creator purchased the 4,200-square-foot penthouse in Soho for roughly $7.9 million in 2007
Fri, 15 May 2015 02:32:44 EDT
Enron, Tyco, WorldCom, Madoff. A look at the mansions built or bought with corporate fraud. (Remember the $6,000 shower curtain?)
Fri, 15 May 2015 02:33:22 EDT
Buyers value new, highly personalized houses—forget resales. This model has one happy side-effect: a flourishing of some of the world’s most wonderfully bizarre architecture.
Fri, 15 May 2015 02:33:06 EDT
Known as “Gemini,” the nearly 16-acre estate south of Palm Beach is one of the highest priced listings in the country
Thu, 14 May 2015 02:33:32 EDT
The actress/dancer was a tomboy who grew up in a lively Washington, D.C., home.
Thu, 14 May 2015 02:32:29 EDT
Anyone inspired to donate their home to charity should know that the tax rules are complicated.
Thu, 14 May 2015 02:32:33 EDT
Under construction, the apartment has the highest asking price in the city.
Wed, 13 May 2015 02:33:35 EDT
An analysis of home listings over a two-month period identifies San Jose, Calif., as the place where home buyers need to act quickly.
Wed, 13 May 2015 02:32:23 EDT
A look inside the $85,000 closet renovation of a California doctor.
Sun, 10 May 2015 17:06:29 +0000
Geoff Lewis, RE/MAX Executive Vice President and Chief Legal Officer has been named President upon the announcement that Vinnie Tracey plans to retire. Tracey assumes the title of President Emeritus until his retirement after the August Broker/Owner convention. Lewis led the RE/MAX Legal Department since joining the company in 2004 as Senior Vice [...]
Fri, 08 May 2015 02:33:10 EDT
The 98-acre property in Mount Kisco, N.Y. was once owned by showman Billy Rose
Fri, 08 May 2015 02:33:53 EDT
There are rare deals in glittering Cap d’Antibes, the onetime party spot of F. Scott and Zelda Fitzgerald.
Fri, 08 May 2015 02:33:59 EDT
Spain’s second city is luring new home buyers who like the city-and-surf lifestyle of the coastal metropolis.
Thu, 07 May 2015 02:32:26 EDT
Homes with a special feature that is no longer allowed under local building rules may give owners an edge when it’s time to sell.
Sun, 19 Apr 2015 22:18:53 EDT
A. Mitti Liebersohn has left his longtime brokerage team at JLL to join Avison Young’s New York office.
Sun, 19 Apr 2015 22:21:49 EDT
A roundup of real-estate news in the Greater New York area.
Wed, 15 Apr 2015 21:43:30 EDT
The Federal Housing Finance Agency is set to direct Fannie Mae and Freddie Mac to reduce mortgage fees on some borrowers.
Thu, 09 Apr 2015 13:48:25 EDT
Many who lost their homes during the early part of the financial crisis are rebounding after credit-penalty phase.
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, 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 […]