"Real Estate Market & Property News / Investment News"
Thu, 29 Jan 2015 21:03:25 EST
For some homeowners, the ultimate creature comfort is watching other creatures.
Thu, 29 Jan 2015 21:34:27 EST
For decades marginalized as the downscale neighbor of Greenwich, Conn., and Rye, N.Y., Port Chester in Westchester County has begun to capitalize on its grittier image.
Thu, 29 Jan 2015 22:48:35 EST
Located on the top floors of the New York hotel and co-op building, the triplex apartment has expansive views of Central Park.
Thu, 29 Jan 2015 12:55:07 EST
The ‘Friends’ actor is under contract to sell his contemporary home, which was most recently on market for $12.5 million
Thu, 29 Jan 2015 14:01:56 EST
The city’s business elite call it home, drawn to riverfront apartments and urban mansions
Thu, 29 Jan 2015 12:52:33 EST
A UPS employee who began as a truck driver and worked his way up to a division manager built his 10,994-square-foot dream home in Southern Florida. Now, it’s going to the highest bidder.
Thu, 29 Jan 2015 19:10:08 +0000
Most homeowners know it is important to keep a home clean, bright and free from clutter while it is on the market for sale. But sometimes,REALTORS® say, taking the extra step to stage a home can make a difference in how a buyer values it and the price a seller might get for it, according […]
Thu, 29 Jan 2015 15:29:27 EST
Deciding to sell the home was difficult for Terence Winter, creator of the HBO series “Boardwalk Empire,” and his wife Rachel Winter, producer of “Dallas Buyers Club.”
Thu, 29 Jan 2015 04:59:24 EST
A Tokyo real-estate company has a plan to solve the woes of Japan’s lonely singles with konkatsu or “marriage hunting” apartments.
Thu, 29 Jan 2015 10:25:02 EST
Apple, Microsoft, Tesla and other high-tech companies are drawing customers to U.S. shopping malls, helping to drive their bottom lines.
Thu, 29 Jan 2015 16:10:17 EST
Love one particular color? Decorating your home in it needn’t feel one-note, as this New York apartment filled with burnished variations on golden earth tones proves.
Wed, 28 Jan 2015 09:02:56 EST
Qatar has added to its bulging portfolio of prime London real estate by clinching a deal to buy Canary Wharf, home to several skyscrapers housing the city's biggest banks.
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 [...]
Tue, 27 Jan 2015 19:14:39 EST
Home builders are ramping up their construction of speculative homes—those built without a buyer lined up in advance—in anticipation that the recent pickup in sales will carry through to the spring home-buying season.
Wed, 28 Jan 2015 11:09:34 EST
Investors are pouring money into buying and developing health-care-related properties, a class of commercial real estate that has been outperforming almost all others since the recession.
Tue, 27 Jan 2015 19:07:47 EST
A Chinese real-estate firm known for its big investments at home is casting its net much farther afield, becoming one of the most aggressive property buyers in California.
Tue, 27 Jan 2015 20:42:15 +0000
Homes.com® has released its November Local Market Index, a price performance summary of repeat sales in the top 100 markets, and the companion Midsize Markets Report for defined areas ranked 101300. Among the nation’s top 100 largest markets, 93 markets increased their three-month average index point change in November, up 35 markets from October. [...]
Tue, 27 Jan 2015 02:26:57 EST
Millions of Americans who lost their homes in the recession may become eligible to buy a new home beginning this year, according to a report.
Tue, 27 Jan 2015 10:14:27 EST
The Case-Shiller index of home prices in major U.S. cities shows a continued slowdown, raising concerns about the housing market for 2015.
Mon, 26 Jan 2015 20:40:14 +0000
In the wake of the news earlier this month that ListHub will be sunsetting its listing agreement with Zillow in April, ListHub released a letter to its customers and key constituents Monday that went into far more detail regarding its position than the company has previously shared. Earlier this month Zillow revealed in an SEC […]
Sun, 25 Jan 2015 22:20:19 EST
New York City has awarded $13.2 million in recovery funds to Madelaine Chocolate Co., one of the largest employers in the city hit by superstorm Sandy.
Sun, 25 Jan 2015 23:57:17 EST
Crowded bus stations aren’t commonly known for appealing retail environments, but two New York City real-estate firms are aiming for just that at the Port Authority Bus Terminal.
Sun, 25 Jan 2015 02:03:45 EST
Damaged during the country’s civil war and subsequent Syrian military presence, a home in the mountains gets a seven-year-long, $10 million transformation by a grandson
Sun, 25 Jan 2015 18:07:32 +0000
Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of REALTORS®. Median home prices for 2014 rose to their highest level since 2007, but total sales fell 3.1 percent from 2013. Total […]
Sat, 24 Jan 2015 13:45:36 EST
A small cabin in Idaho, listed for $2.5 million, rates high with readers in Mansion’s House of the Year voting.
Sat, 24 Jan 2015 05:02:31 +0000
Defying the normal trend, home sales in December rose above the number of November sales by a significant 14.4 percent. Sales were also 3.9 percent above those of last December. Although home sales have generally been lower in 2014 than 2013, three of the last four months have experienced sales higher than the same month […]
Fri, 23 Jan 2015 10:50:11 EST
Chicken Kitchen’s Christian de Berdouare is selling one of his three homes on North Bay Road; construction is expected to wrap up in the spring.
Fri, 23 Jan 2015 10:27:25 EST
This 19th-century villa outside Florence, Italy holds many memories for the family who owns it
Fri, 23 Jan 2015 14:22:35 EST
After more than 600,000 votes, readers crown their favorite: The Florida home that sold for $1 and traveled across a bay.
Fri, 23 Jan 2015 11:59:33 EST
We calculate the ‘elevator miles’ logged by residents of super-tall condo towers around the world.
Fri, 23 Jan 2015 12:00:52 EST
A real-estate entrepreneur buys a condo formerly owned by the creators of the Barbie doll. Then she remakes the space into her personal Barbie Penthouse.
Fri, 23 Jan 2015 11:00:13 EST
Newly constructed, the roughly 14,700-square-foot Holmby Hills home also has a pool, tennis court and guesthouse with a gym and screening room
Fri, 23 Jan 2015 10:36:37 EST
A 12,000-square-foot Napa Valley on 40 acres rates high with readers in Mansion’s House of the Year voting.
Fri, 23 Jan 2015 10:38:43 EST
This cliff-style home on the island of Phuket has open Thai-style pavilions and big views of the Andaman Sea
Thu, 22 Jan 2015 21:35:17 +0000
It’s no secret in the real estate world that young men and women between the ages of 24-32 (aka the Millennial Generation) are one of the most important segments for a real estate agent to target. In fact, a recent report by Nielsen and the Demand Institute labeled Millennials as “the house-buying generation.” According to […]
Wed, 21 Jan 2015 21:06:41 +0000
Following on the heels of President Barack Obama’s second-to-last State of the Union Address, during which he made a passing reference to the changes made at the Federal Housing Administration (FHA), HUD Secretary Julián Castro sat down at the Newseum in Washington, D.C., for a live fireside chat with Zillow Chief Economist Stan Humphries on […]
Wed, 21 Jan 2015 13:59:36 EST
Covington, Ga., decided not to let a half-completed development sit empty. But not everyone supports the city's solution.
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 21:13:29 +0000
2015 will show an economic improvement, according to the Economic Advisory Committee of the American Bankers Association, who predicts that the U.S. economy will grow nearly 3 percent on an inflation-adjusted basis this year compared to 2.5 percent last year. The committee, which includes 15 chief economists from among the largest banks in North America, [...]
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 [...]
Mon, 19 Jan 2015 21:08:42 +0000
Have you taken time (yet) to review last year? If not, chances are that 2015 will end up looking like 2014 did. So, if you’re satisfied with last year, skip the rest of this article. However, if you ended 2014 with more dreams than dollars, take four minutes and read to the end of this […]
Sun, 18 Jan 2015 18:07:23 +0000
Once exclusive to wealthy, eco-conscious homeowners, rooftop solar panels are becoming an increasingly common fixture in residential housing – and homebuyers are taking notice. According to a new report funded by the U.S. Department of Energy, homebuyers have consistently been willing to pay more for a property with owned solar photovoltaic systems [...]
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, 15 Jan 2015 12:39:31 EST
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Thu, 15 Jan 2015 21:24:36 +0000
Make 2015 a success by joining in this webinar, being held on Tuesday, January 27 at 10-11 a.m. PST, to learn how to make more money from your past customers, prospects, and your entire database using marketing automation with Top Producer® CRM. As a real estate professional your contact database is your most valuable asset. […]
Wed, 14 Jan 2015 21:30:11 +0000
Mortgage applications made big moves last week, increasing 49.1 percent from one week earlier and showcasing the largest jump since November 2008, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 9, 2015. The Market Composite Index, a measure of mortgage loan application [...]
Tue, 13 Jan 2015 09:28:45 EST
London's houses and apartments are now worth $2.2 trillion. That's as much as Brazil's GDP.
Tue, 13 Jan 2015 21:46:17 +0000
On Tuesday, the U.S. Supreme Court ruled that borrowers looking to rescind their mortgages simply need to notify creditors in writing of their intention to rescind within three years under a key fair lending law. This ruling could possibly make it much easier for borrowers to walk away from their underwater homes. This ruling stems […]
Mon, 12 Jan 2015 20:51:41 +0000
The real estate community witnessed yet another safety scare last week when a man held a real estate agent captive in Elk Grove , Calif. The agent was handcuffed and held at gunpoint by David Timothy Burnhart, 47, while showing an empty home model. Burnhart was arrested outside of his home on Friday. While the […]
Sun, 11 Jan 2015 07:01:48 EST
From a luxury chateau in the sky to an urban mansion: Feast your eyes on these obscenely expensive Manhattan apartments.
Sun, 11 Jan 2015 18:07:54 +0000
The industry’s most widely read and long-standing ranking of the country’s top real estate brokerage firms, RISMedia’s Power Broker Survey is now available for qualified brokers to complete. Now in its 27th year, the Power Broker Survey ranks firms by closed transactions and sales volume for 2014. The deadline is February 13, 2015. “When Crye-Leike [...]
Sat, 10 Jan 2015 05:03:50 +0000
Delinquencies continued to decline in last year’s third quarter, falling in seven out of 11 categories as the economy improved and consumers responsibly managed their finances, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight closed-end installment [...]
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 […]
Thu, 08 Jan 2015 08:29:20 EST
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Thu, 08 Jan 2015 21:50:44 +0000
(TNS)—President Barack Obama moved Wednesday to make it cheaper for first-time and younger buyers to take out a mortgage. Obama lowered the mortgage-insurance premium for borrowers who have a down payment of just 3.5 percent of the home’s purchase price and finance the rest of the purchase with a loan backed by the Federal Housing […]
Wed, 07 Jan 2015 16:13:51 EST
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Wed, 07 Jan 2015 15:39:24 EST
The Federal Housing Administration is dramatically cutting the premiums it charges for mortgage insurance. As a result the typical first-time home buyer should save about $900 a year.
Wed, 07 Jan 2015 10:08:08 EST
Hotels close to this year's Super Bowl in Arizona have been booked for months. But these super-sized, super luxe, super pricey properties are still available to rent on HomeAway, a vacation rental marketplace.
Wed, 07 Jan 2015 21:57:55 +0000
As 2015 rolls forward, there are several economic indicators that the housing market may have a break-out year. Let’s review the top three. The job market is stronger With the recession behind us, more and more companies are adding new employees to the payroll. The unemployment rate has dropped 5.8 percent and 321,000 jobs were […]
Tue, 06 Jan 2015 10:25:45 EST
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Tue, 06 Jan 2015 22:00:32 +0000
Time is one thing we can’t get back. Once a minute has passed, it’s gone forever. Spending our minutes wisely will not only result in being more productive, it’ll also give us more freedom to focus on the broader spectrum of activities that bring us happiness and fulfillment. Here are 15 time-saving hacks for the […]
Mon, 05 Jan 2015 21:33:50 +0000
With 2014 behind us, 2015 promises changes within the market as the housing recovery moves forward, according to recently released information from Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment. The company recently released its Home Data Index™ (HDI) Market Report with data through [...]
Fri, 02 Jan 2015 06:33:55 EST
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Fri, 02 Jan 2015 06:19:36 EST
Sure, plenty of housing experts and economists are expecting the housing market recovery to gain steam in the new year. But a number of factors could still derail the whole thing.
Tue, 30 Dec 2014 17:26:45 EST
As many as 7.4 million mortgage borrowers could qualify for more affordable mortgages, but most don't even apply.
Mon, 29 Dec 2014 17:54:05 EST
With the price of oil tanking and the value of the ruble hitting an all-time low against the U.S. dollar, high-end real estate brokers in Manhattan, Miami and other major cities have been losing some of their best customers: deep-pocketed Russians.
Sun, 28 Dec 2014 16:06:12 EST
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Thu, 18 Dec 2014 12:53:31 EST
Amid falling gas prices and investor nervousness, the average rate for a 30-year fixed-rate loan fell to 3.8%, a rate not seen since May 2013.
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 […]
Sun, 05 Oct 2014 17:07:31 +0000
Editor’s Note: Following the big news Tuesday that massive media empire News Corp acquired Move, Inc., RISMedia spoke with Steve Berkowitz, Move CEO, and Bob Goldberg, president and CEO of the Real Estate Information Network (RIN) and NAR senior vice president, Sales & Marketing, and Business Development for more details on what the deal means [...]
Tue, 12 Aug 2014 18:21:33 EDT
From mortgages to closing costs, test your knowledge of these homebuying essentials.
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.