Throughout several U.S. markets, the condo markets is struggling. However, in Seattle, it continues to do well. This seems to be due in large part to a number of factors including Seattle’s job creation, a lack of speculators and an overall healthy real estate market that didn’t experience wild price fluctuations during the […]
Foreclosure rates aren’t the only thing rising in Denver. According to the Colorado Association of Realtors (CAR), the single-family median home price in 2006 was also up. While the increase was only 2% over 2005, the $251,780 price tag represents a new all-time high for the metro Denver area.
Not everything was […]
The RealEstateJournal identified 12 potential vacation-home locations where homeowners can still get a great deal on a vacation home. They are:
* Bath/Beaufort County, N.C.
* Blairsville, Ga.
* Clarksville, Va.
* Cloudcroft, N.M.
* Dadeville, Ala.
[…]
On Wednesday, the Warren Group reported the number of single-family homes sold in Connecticut fell 14.5% in November compared with just a year ago. In November 2006, a total of 2,772 homes were sold across the state. This number was down from 3,241 in November 2005.
While the […]
Fueling the idea that the housing market is beginning to stabilize are the numbers for home loan applications in the first week of January. The Mortgage Bankers Association reported that mortgage application activity including, refinancing and purchasing loans, jumped 16.6% to 671.1 for the week ended January 5. Additionally, applications were 11.8% higher […]
At a recent real estate conference, chief investment strategist, Douglas Poutasse and Elliott Pollack, president of Elliott D. Pollack & Co. expressed the opinion that the Phoenix housing market will continue to recover well into 2007, if not even 2008. While Phoenix is enjoying healthy job numbers and population growth, the overabundant housing […]
Industry experts and economists estimated that as few as 10% of the buyers in hot markets were investors. However, a survey by the National Association of Realtors placed that number higher at 28% in 2005. In some parts of the country such as Naples, FL, which experienced a boom in 2005, investors […]
According to ForeclosureS.com, the Southwest has taken the lead in foreclosures with California, Texas, and Colorado being among some of the hardest hit states. Nationwide, nearly one million (970,948) foreclosure filings were reported for the year, up more than 51% from just over 641,000 in 2005.
California topped the nation […]
According to a recent Wall Street Journal Survey, Americans are choosing to wait on purchasing a new home. When asked if this was a good time to rent rather than buy a home, 59% of respondents agreed. Only 41% thought it was better to buy than rent.
In terms of the market’s […]
Point2 NLS, the first national listing service for licensed real estate professionals, was launched today. The new service is launching with nearly 105,000 members in its directory.
Point2 NLS is designed to give real estate professionals complete control of their marketing relationships and specifically their listings. The new platform allows members to selectively advertise listings […]