Real Estate Trends Archive
, an Accelerator program developed by Second Century Ventures (SCV)
, the strategic investment arm of the National Association of REALTORS® to introduce innovative technology companies to the real estate marketplace,
Data through January 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1Home Price Indices, a leading measure of U.S. home prices, showed average home prices increased 7.3% for the 10-City Composite and 8.1% for the 20-City Composite in the 12 months ending in January 2013.
All 20 cities posted year-over-year gains with Phoenix leading the way with a gain of 23.2%. Nineteen of the 20 cities showed acceleration in their year-over-year returns. Despite posting a positive double-digit annual return, Detroit was the only city to show a deceleration.
The tax benefits of the mortgage interest deduction (MID) are primarily targeted to the middle class. According to 2012 Congressional estimates
, 65.4 percent of the tax benefit is collected by households who have economic income of less than $200,000.
Hispanics are the fastest growing group of first-time home buyers, and have the purchase power to push the U.S. housing recovery into high gear now if inventory shortages and investor-favored regulations didn’t challenge them,
Location, location, location near public transportation may be the new real-estate mantra according to a new study released recently by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR). Data in the study reveals that during the last recession, residential property values performed 42 percent better on average if they were located near public transportation with high-frequency service.
“When homes are located near public transportation, it is the equivalent of creating housing as desirable as beachfront property,” says APTA President and CEO Michael Melaniphy.
As the urban revival in some American cities pushes out lower-income earners to the nearby suburbs, many of those edge cities are struggling to redefine their purpose—and identity—in a new economy.
Homes.com, a leading online real estate destination and solutions provider to brokerages nationwide, inked an agreement to provide enhanced listings for Realty ONE Group, a major West Coast brokerage – the largest in Nevada and one of the fastest growing in California and Arizona, the company has announced. Realty ONE ...
Freddie Mac recently announced that it is making available loan-level credit performance data on a portion of the fully amortizing 30-year fixed-rate single-family mortgages the company purchased over the past 13 years. The company is making the single-family performance data available at the direction of its regulator, the Federal Housing ...
February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of REALTORS®. Sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.8 percent to a seasonally adjusted annual rate of 4.98 million in February from an upwardly revised 4.94 million in January,
As the luxury market continues to rebound, it is evident that brokers specializing within this niche are presented an excellent opportunity.
Summer Greene, regional manager at Better Homes and Gardens®
Engel & Völkers, a leading luxury real estate brand with an international presence spanning five continents, has announced the newest addition to its global network with Engel & Völkers Los Cabos, Mexico.
We’ve all heard that inventory is on the decline in several major markets across the U.S., creating a shortage for homebuyers who are on the hunt but coming up empty-handed.
In the January RE/MAX National Housing Report,
Housing construction activity has increased significantly over the last year across the three primary sectors of home building: single-family, multifamily and remodeling. And that growth in turn means good news for those businesses that support residential construction, including building suppliers and other associated enterprises. While the NAHB forecast for this year calls for additional growth, there are likely to be monthly ups and downs along the way.
For example, Census construction spending data reported flat headline growth in January due to declines in the volatile remodeling spending category. Spending on new single-family homes continued to expand, rising 3.6 percent over December’s pace,
CoreLogic®, a leading residential property information, analytics and services provider, and Metropolitan Regional Information Systems (MRIS®) recently announced an agreement to integrate products and services
Coldwell Banker Residential Real Estate LLC in Florida announced recently that it has acquired the assets of the Luxury Team of Florida Real Estate Group, based in Palm Coast. The Luxury Team of Florida's nine sales centers