Top Sun-Drenched Warm Winter Getaways Revealed
If the ferocity of this year’s winter is any reminder, there’s a reason millions of American and Canadian “snowbirds” head south each year for the winter months. Indeed, as Boston is literally...
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California Enjoying Foreign Buyer Activity from China, Canada and Mexico
According to the California Association of Realtors (C.A.R.) newly released 2014 International Home Buyers Survey, despite a slowing in the California housing market and appreciation of the U.S. dollar in 2014, international home-buying activit...
U.S. Home Prices Uptick 6% in Q4 Over Prior Year
According to the latest quarterly report by the National Association of Realtors (NAR), the majority of U.S. metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing sup...
Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices
When “CBS This Morning” co-host Norah O’Donnell asked the chief executive of Zillow recently about the accuracy of the website’s automated property value estimates — known as Zestimates — she touched on one of the most sensitive per...
World’s Ultra Wealthy Own $3 Trillion of Owner-Occupied Luxury Properties
According to a new report by Wealth-X and the Sotheby’s International Realty, nearly US$3 trillion of the world’s private wealth is held in owner-occupied residential properties, a value greater than the GDP of India.
There are 211,275 ult...
5 Tips for Getting Your Home Ready for the Spring Real Estate Market
If you’re thinking of selling your home in the spring, you must know that even though you may receive top dollar for your home, the competition will also be the strongest. This means it’s absolutely critical that you’re prepared for the s...
Pending home sales fell 3.7% in December
Home buying cooled in December, but is still stronger than it was a year ago.
A monthly index from the National Association of Realtors measuring signed contracts to buy existing homes fell 3.7 percent from a downwardly revised November readin...
NAHB Predicts More Robust New Home Sales in 2015
According to economists speaking at the International Builders’ Show in Las Vegas this week, a strengthening labor market, low interest rates, improving mortgage availability and growing pent-up demand will help to significantly boost single-...
Good Signs for Housing in 2015
Housing and jobs are strongly connected. When the economy is expanding, job creation promotes household formation, which in turn increases demand for rental and owner-occupied housing. Other economic drivers of housing include population growth...
CoreLogic: Foreclosure Inventory Heading Below Half Million
Foreclosures, while now down 64 percent from the peak reached in September 2010, are still nearly double the monthly average before the housing crisis. CoreLogic said today that there were 41,000 completed foreclosures nationally in November, ...