After years of high prices and work backlogs in the $150 billion home remodeling market, a slowdown in business is pushing some contractors to offer perks and discounts to their clients for the first time in ages.
This month, S.R. Crowley Contractors, a Lewiston, Maine-based firm, began offering a 10 percent total discount on all jobs. […]
Last year, real estate skyrocketed across the country. This year’s a different story. While it’s slowed down nationally, in Austin, it’s still red hot.
The top reason is that everyone wants to live in Austin. From the quality of life to the city being a great place to raise a family, it’s attracting people from across […]
Lending institutions in California have increased their scrutiny of home loan applications because of higher default risk, the result of a shift in sales patterns and of a real estate market nearing the end of its boom cycle, a consumer Web site reported.
Risk levels for new mortgages statewide increased 28.6 percent from the first half […]
DESTIN, Fla., Jan. 13, 2006 — Pensacola native Mark Boyd had been a consultant to a number of Gulf Coast condo real estate developers when he realized that it wouldn’t be long before there was no more prime waterfront property available anywhere in the state. “With nearly eighty-million baby boomers starting to retire this year, […]
Source: Inman News
The Houston housing market continued to thrive in December, as sales improved and the median single-family home price set a record, the Houston Association of Realtors reported.
The overall median price of single-family homes reached an all-time high of $147,000 in December, which was an increase of 6.5 percent compared to […]
The South Florida Sun-Sentinel reports that a trio of economists at the International Builders Show warned that, if investors who have flooded the U.S. market in recent years begin selling off their properties as appreciation rates decline or investments such as stocks become more attractive, it could lead to problems in certain parts of the […]
A report surveying U.S. homebuilders suggests that a “moderate slowdown in certain regions of the U.S. housing market” appears more probable than a “deep-seated recession,” the survey’s conductors said Jan. 11.
The report, conducted by McGraw-Hill Construction and Deloitte & Touche USA LLP’s real estate industry group, also found several “fundamental shifts” that will lead to […]
College towns aren’t just popular with the college-crowd anymore. First time homeowners, people thinking of owning a second home, and retiring Baby Boomers are all finding the idea of settling in a college town appealing. There is typically plenty of culture and recreation, as well as the opportunity to continue taking classes, if […]
Federal banking regulators are proposing stricter guidelines for mortgage providers when assessing a borrower’s ability to repay interest-only and option adjustable rate mortgages. These products have become popular among many home buyers who see them as a means of affording homes otherwise considered out of reach. Bank regulators worry that these popular, yet […]
Forbes.com looked at the major metro regions in all 50 states to determine what a family of four needed to earn per year to live the upper-to-middle-class American dream. Here are the most expensive and least expensive top 5 cites.
The Most Expensive
1. New York, NY
2. Boston, MA
3. Los Angeles, CA
4. Greenwich, CT
5. Engelwood, NJ
Least […]