"Real Estate Market & Property News / Investment News"
Sat, 03 Oct 2015 04:03:19 +0000
Recent figures released by the National Association of REALTORS® revealed that millennials made up approximately one-third of the U.S. housing market over the last 12 months, up 28 percent from just two years ago, overtaking Generation X as the largest segment of homebuyers today. In fact, nearly 5.2 million millennial renters are expected to purchase [...]
Thu, 01 Oct 2015 21:19:29 +0000
In real estate, agents focus on stories. Whether it’s the seller’s memories in their old home or the buyer’s hopeful dreams in their new one, agents use these emotions to connect with their clients. What better way for an agent to tell these stories than through a picture? It’s this idea that has turned Instagram […]
Tue, 29 Sep 2015 23:13:27 EDT
The National Asset Management Agency said it sold a real-estate loan portfolio to U.K. property company Hammerson and the real estate arm of German insurer Allianz for $2.1 billion.
Tue, 29 Sep 2015 20:45:12 +0000
Home prices continued their rise across the country over the last 12 months, with the majority of July gains concentrated in the west, according to the recently released S&P/Case-Shiller Home Price Indices. Year-Over-Year The S&P/Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, recorded a slightly higher [...]
Tue, 29 Sep 2015 15:52:13 EDT
The oil slump has cooled Houston’s once-scorching economy, but New York developer Joseph Sitt is diving in anyway.
Tue, 29 Sep 2015 09:55:55 EDT
Lone Star Funds raised its offer for Quintain Estates & Development, which plans to develop a site around London’s Wembley Stadium, after pressure from activist hedge fund Elliott Associates.
Tue, 29 Sep 2015 14:50:53 EDT
Experts attribute the decline partly to uncertainty about the world economy, especially China
Mon, 28 Sep 2015 20:30:02 +0000
Among the nation’s top 300 markets, 166 or 55 percent have now achieved full price recovery, 24 more than the 142 markets reported in June, according to Homes.com®’s recently released July 2015 Local Market Index. By July, 50 of the nation’s 100 largest markets experienced a complete price recovery, one more than the prior month. […]
Sun, 27 Sep 2015 17:07:46 +0000
Experiencing the one-of-a-kind, luxury lifestyle only found in Manhattan, attendees of this year’s Ultimate Power Broker Open House Experience—the closing to RISMedia’s Real Estate CEO Exchange – got a taste of the reality TV spotlight while touring a multimillion-dollar Flatiron listing. Attended by nearly 150 of the nation’s top brokers, [...]
Sat, 26 Sep 2015 04:04:43 +0000
Millennials, who have been nicknamed the ‘generation of renters,’ are proving the critics wrong this year when it comes to home buying. Almost 65 percent of millennials aged 21 to 34 looked at real estate websites and apps in August, according to realtor.com analysis of data from comScore and current population estimates. Additionally, when we focus [...]
Thu, 24 Sep 2015 18:27:40 EDT
The billionaire has four very different homes across the U.S. But one thing they have in common: They’re all meticulously planned and executed.
Thu, 24 Sep 2015 04:01:16 +0000
Things are looking good for the future of housing—single family home and condo sales through August were on pace for an eight-year high nationwide. This data comes from a recently released RealtyTrac® August 2015 U.S. Home Sales Report, which shows a total of 1,947,028 U.S. single-family homes and condos sold through August in 2015. These […]
Tue, 22 Sep 2015 20:49:51 +0000
“Don’t study the great realty companies, study the great companies,” said Paul Charron. “The great companies will have something for you to take away.” As chairman of the board for the Campbell’s Soup Company with a rich career of leading many diverse firms to mega success and expansion, Charron brought inspiration and an invaluable outside-world [...]
Mon, 21 Sep 2015 20:47:51 +0000
Following three straight months of gains, existing-home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first-time buyers, according to the National Association of REALTORS®. None of the four major regions experienced sales increases in August. Total existing-home sales, which are completed transactions [...]
Sun, 20 Sep 2015 17:07:08 +0000
“Mortgage rates are at near-historic lows.” “Lock now before the Fed raises interest rates.” When your clients are in the market for a mortgage, they may be hearing these messages often with little or no idea how these rates are set. As far as they’re concerned, their lender could be pulling these numbers out of […]
Sat, 19 Sep 2015 04:04:35 +0000
Data from the recently released August 2015 U.S. Foreclosure Market Report™ shows a total of 109,561 U.S. properties with foreclosure filings — default notices, scheduled auctions and bank repossessions — in August, down 12 percent from the previous month and down 6 percent from a year ago. The 6 percent year-over-year decrease in August followed [...]
Thu, 17 Sep 2015 20:07:59 +0000
With all the content being shared on Facebook, even the greatest content strategy can fall victim to the “noise” of social media. However, if you’re willing to dedicate some extra time and money, Facebook advertising can help you stand out from the crowd. Facebook advertising, when properly managed, provides a low-risk, high-reward way to promote [...]
Wed, 16 Sep 2015 00:07:44 EDT
Projects by schools, hospitals and others more than tripled in the first half of this year compared with a year earlier.
Wed, 16 Sep 2015 20:06:05 +0000
Economic growth mildly contracted in the first quarter of 2015, but will pick up in the second quarter and second half of the year. For the year as a whole, GDP will expand at 2.1 percent: not a bad number, but not great. The growth rate would also mark the tenth consecutive year of subpar […]
Tue, 15 Sep 2015 21:09:54 +0000
Given the demands of running a leading real estate firm in today’s market, brokers need a very compelling reason to take time away from the office to attend an industry event. RISMedia’s Real Estate CEO Exchange—kicking off today at Manhattan’s Yale Club—provides just that reason. One of the things that make the CEO Exchange so […]
Mon, 14 Sep 2015 21:07:47 +0000
Business owners need to be able to sell their news to the media and the public if they want coverage. But how do you go about garnering media coverage? Simple: You have to craft a compelling pitch. Here are five ways to get ahead of the game and into the limelight. 1. Research is key. […]
Sun, 13 Sep 2015 17:09:31 +0000
Ever wonder what it would be like to live the life of a Manhattan mogul or city-dwelling celeb? Well, guests at RISMedia’s Real Estate CEO Exchange this week will get to experience that lifestyle first hand—at least for an hour or two!—during the event’s unique closing event, “The Ultimate Power Broker Open House Experience.” Sponsored […]
Sat, 12 Sep 2015 04:04:57 +0000
Pets are family. Ask anyone who has one. For this reason, you’ll add tremendous value to any home search you conduct when you stay informed and mindful of a few simple things on behalf of your clients with pets. Familiarize yourself with local ordinances. Every city has municipal codes that reference animals within their city […]
Thu, 10 Sep 2015 20:40:35 +0000
Real estate, like many other industries, is founded on an age-old principle—buy low, sell high. Home sellers want to price their home for its highest value, and buyers want to find a dream home that will appreciate value. There are a number of ways that your clients can add additional value to their home to […]
Wed, 09 Sep 2015 20:33:00 +0000
Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of REALTORS®. NAR measured the volume of new-home construction [...]
Tue, 08 Sep 2015 20:49:25 +0000
Recent stock market volatility and seasonal trends may give buyers better financial options and more time to make purchase decisions entering the fall, says Jonathan Smoke, chief economist for realtor.com®. August data remains positive with regard to overall housing health as both demand and supply continue to grow. “This year we are seeing inventory [...]
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 02:32:34 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.
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.
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.
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.
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.
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 02:32:25 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 02:33:06 EDT
Known as “Gemini,” the nearly 16-acre estate south of Palm Beach is one of the highest priced listings in the country
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 02:33:22 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.
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.
Thu, 14 May 2015 02:33:32 EDT
The actress/dancer was a tomboy who grew up in a lively Washington, D.C., home.
Wed, 13 May 2015 02:32:23 EDT
A look inside the $85,000 closet renovation of a California doctor.
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.
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 02:33:59 EDT
Spain’s second city is luring new home buyers who like the city-and-surf lifestyle of the coastal metropolis.
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.
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 […]