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Category : Real Estate

Millennials in the Burbs? You Won’t Believe the Latest Home-Buying Trends
Real Estate

Millennials in the Burbs? You Won’t Believe the Latest Home-Buying Trends

Saheli 03 Apr 2016 344 Views

What’s a millennial pushing 30 to do? Apparently, leave the fun, the fantasy, the pace, and the possibilities of big-city living far behind and buy a home … out in the burbs. Just 17% of buyers under the age of 35 closed on urban residences, down from 21% a year earlier, ... Read More »

Why Were Fewer Existing Homes Sold in February?
Real Estate

Why Were Fewer Existing Homes Sold in February?

Saheli 31 Mar 2016 340 Views

Fewer homes were sold last month as the lack of properties bearing those familiar “For Sale” signs continued to keep prices high. Sales dropped 7.1% from January to a total seasonally adjusted 5.08 million, according to a recent report from the National Association of Realtors®. But they were still up ... Read More »

Why One U.S. Region Is Heading for a Big Uptick in Home Sales
Real Estate

Why One U.S. Region Is Heading for a Big Uptick in Home Sales

Saheli 31 Mar 2016 403 Views

Where will the most homes be sold this spring? In the Midwest, the latest numbers show. All across the U.S., buyers were snapping up homes, pushing the number of residences under contract for sale in February 29% higher than January, theNational Association of Realtors® reported on Monday. That’s looking at ... Read More »

Podcast: Real estate for the sensitive soul (part 1)

Saheli 31 Mar 2016 402 Views

Embrace the saying “It’s too soon to tell.” This powerful mantra applies to virtually all situations and can keep emotions at bay when stress arises. Finally, look outside of real estate for inspiration and guidance. Adopt the Seven Da Vincian Principles of curiosity, demonstration, sensation, smoke, art and science, the ... Read More »

Woman Finds Her Own House for Rent on Craigslist
Real Estate

Woman Finds Her Own House for Rent on Craigslist

Saheli 31 Mar 2016 379 Views

Imagine looking at ads on Craigslist one day and seeing your family home for rent, only you didn’t post the ad and have no intentions of renting out your home. That’s what happened to Lourdes Guerrero, who owns a home in the greater Los Angeles area, according to a local CBS ... Read More »

Local Bank Attracts First-Time Home Buyers With a Simple Perk: 1% Student Loans
Real Estate

Local Bank Attracts First-Time Home Buyers With a Simple Perk: 1% Student Loans

Saheli 31 Mar 2016 397 Views

For young people looking to buy their first homes, there’s a big obstacle: student loan debt. It’s not holding back everyone, but debt obligations have a huge impact on the mortgage approval process, not to mention the ability to save for a down payment and other home-buying costs. One bank ... Read More »

Why the Fed rate talk was ‘a bunch of nonsense’
Real Estate

Why the Fed rate talk was ‘a bunch of nonsense’

Saheli 31 Mar 2016 428 Views

The Federal Reserve was never hiking rates four times this year. Investors didn’t believe it, and now Fed Chair Janet Yellen has all but explicitly acknowledged it. Indeed, Yellen’s blockbuster speech Tuesday assuring that the central bank would go slowly on future adjustments to monetary policy only caught some of ... Read More »

Why you should have bought a home last year Diana Olick

Saheli 31 Mar 2016 405 Views

Anyone shopping for a home today has probably had at least one encounter with sticker shock. No matter the neighborhood, home prices are generally rising, and bidding wars are often the rule rather than the exception. That means fewer neighborhoods are now considered affordable — a lot fewer. Nine percent ... Read More »

Home prices rise 5.7% in Jan: S&P/Case-Shiller

Saheli 31 Mar 2016 342 Views

Home price appreciation in major U.S. metropolitan areas in the first month of the year kept pace with recent gains as inventory remained low, S&P Dow Jones Indices reported Tuesday. The S&P/Case-Shiller 20-City Composite Index rose 5.7 percent in January from the previous year, roughly in line with expectations. “Home ... Read More »

Mortgage applications fall 1%, dragged down by fewer refinances
Real Estate

Mortgage applications fall 1%, dragged down by fewer refinances

Saheli 31 Mar 2016 314 Views

Spring home buying season has kicked into high gear, but it wasn’t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent. The refinance share of ... Read More »

Real estate’s ticking bomb: Who gets hurt
Real Estate

Real estate’s ticking bomb: Who gets hurt

Saheli 27 Mar 2016 428 Views

Commercial real estate had a banner year in 2015, and the fundamentals of high demand and low vacancies are still driving rents higher. There is, however, a catch that could cool the market quickly, at least when it comes to financing. Investors are insisting on high yield, and the bonds ... Read More »

Million dollar homes: Rent vs buy edition
Real Estate

Million dollar homes: Rent vs buy edition

Saheli 27 Mar 2016 360 Views

Steven Bock thought he was a typical downsizing baby boomer. With his second child graduating from college, he and his wife felt it was time to put their 7,000 square foot, multimillion dollar, suburban Boston home on the market and head into the city to rent. What they found changed ... Read More »

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