The real estate marketing industry has dramatically changed in recent years. With a highly competitive and expensive housing market and a hiccup in sales, agents and homeowners are employing a wide spectrum of marketing tricks to get potential homebuyers to sign on the line which is … [Read more...]
New York’s ‘Secret’ Real Estate Market and the Investors Behind It
An influx of wealthy foreigners are propping up New York's lucrative real estate market in order to shield their money from their governments and take advantage of the lax laws in the United States, says a new 8,000-word report authored by the New York Times. The investigation … [Read more...]
Canadian Real Estate Market is Hot but For How Much Longer
The Canadian real estate market is hot right now. The average sale price of a detached house in the city of Toronto reached $965,000 this past April, while the average sale price of a detached home in Vancouver is between $932,000 (east) and $2.2 million (west). Industry experts warn … [Read more...]
U.S. housing market recovery may be in the middle of a reversal
Since the subprime mortgage meltdown a few years ago and the economic downturn that hindered much of the United States, the housing market still remains a kick in the head, and as the Wall Street Journal’s MarketWatch writes, it "still isn't all fine and dandy." A phalanx of recent … [Read more...]
June Scorecard: U.S. home sales soar 18.6%, real estate experts fear growing bubble
The overall United States housing market appears to be rebounding from its historical collapse a few years ago, but some real estate and financial experts say that it’s simply roaring back up into a bubble akin to the subprime meltdown. The administration, meanwhile, points to its … [Read more...]
Analysts say housing price gains will slow down over next two years
Despite the United States housing market making some gains since the real estate crash a few years ago, there are still some troubling signs that could prove another downturn is expected: mortgage rates are on the uptake, the number of mortgage applications has fallen and the overall … [Read more...]
Majority say the American Dream is unattainable amid homeownership declines
Decades ago, it was believed that if you owned a home, a car and had a steady job then you had attained the American Dream. Nowadays, most people think that this is unachievable in an economy that is leaving people without jobs and homes. According to a new CNNMoney poll, 59 … [Read more...]
Reverse mortgages targeting seniors are creating another housing crisis
One of the growing trends among seniors in today’s tough economy is the rising turn towards reverse mortgages. What is a reverse mortgage? Well, it’s a financial resource that gives seniors the opportunity to use the equity in their home without any income or credit qualifications. … [Read more...]
2012 Investing Trends: Changing Real Estate Rental Dynamics
Filed Under: Investing Trends by
With the New Year, investors are scurrying to cover their tax losses, and figure out what will be relevant in 2012. Having done the math on a number of option pieces from around the web, I’ve put together a list of my favourite investing trends for 2012. Each day I’ll go into … [Read more...]
Investing In Real Estate Income Trusts: Commercial
Filed Under: Investing Trends by
In the last article I went through a couple of reasons why it is that Apartment REITs showed some fantastic returns after the 2009 recession. However, moving forward, we might have seen the best of times already. While this doesn’t necessarily exclude them from future inclusion in our … [Read more...]
Federal Reserve Economic Forecast Off-target
Low interest rates may be a bane to savers’ retirement plans, but they have been a blessing to home builders. As the Federal Reserve has continued its quantitative easing programs to keep interest rates near zero, single family home starts are expected to increase 25 percent in 2012 … [Read more...]
Homebuilder Sentiment of Housing Market at 6 Year High
Recently released figures show that homebuilders in the United States are more confident of the outlook for new housing than they have been in over six years. The National Association of Home Builders/Wells Fargo builder sentiment index has long been viewed as a great indicator of … [Read more...]
Freddie Mac Reports Mortgage Interest Rates Near Record Low
As of Thursday, Freddie Mac has reported that interest rates have reached near record lows, with rates on 30 year mortgages dropping as low as 3.32 percent from last week’s average of 3.34 percent and last year’s average fixed rate of 3.94 percent. This means rates are hovering just … [Read more...]
Freddie Mac: Mortgage Rates Near Record Lows, Home Prices Up in November
The housing market may have a long to reach full recovery, but it’s certainly bouncing back from the Great Recession. According to a new report from Freddie Mac, rates for 30-year mortgages have dropped to just 3.32 percent, barely more than the record low dating back to 1971. … [Read more...]
Sales of Existing Homes Declines
In a report released by the NAR, a decline in existing homes was reported. This decline in sales of existing homes fell by 1.7%. This down turn is in comparison to the previous month of August to the month of September. … [Read more...]
