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With record-low mortgage rates and rising selling prices, investor demand has been strong, and another homebuilder is looking to cash in with an initial public offering (IPO). Taylor Morrison Home Corp., a Scottsdale, Ariz.-based builder, has already doubled the the amount it seeks to raise its IPO to $500 million. The builder filed with U.S. regulators for its IPO in December. At the time, it had hoped to raise up to $250 million. Last month, Tri Pointe Homes LLC was the first U.S. home builder to go public in more […]

Atlanta’s Metro Brokers with Better Homes and Gardens is launching a program that will pay for all the training and licensing for up to 3,000 vets who want to become real estate agents. Over the next five years, the brokerage hopes to bring about 50 vets each month into the program. Vets coming home from combat from Iraq and Afghanistan have been known to face struggles in landing a job after they return. “It’s a great program for somebody like myself trying to transition from the military life to the civilian world,” […]

The minute you “contact” Michael, you can gain direct access to the current listings in the MLS that meet your wants and needs in real estate. How? After your request is sent to him he will send you a short questionnaire which will enable you to list your parameters in your intended MLS search. Once imputed you will begin to receive a FREE service that emails you newly listed and reduced-price listings that match your questionnaire requests. This eliminates your having to search real estate websites, drive the Spokane neighborhoods, […]

I strive to bring an elevated level of service to my clients by providing technology driven marketing programs with unsurpassed clients service. When the time comes to buy, sell or relocate you can count on my vast knowledge and understanding of the Philadelphia market place to ensure maximum results. I am here to help you maximize on the purchase or sale of one of your biggest investments. I do more than sell you a home I sell you Philadelphia. Contact me today! “Stephen’s flexibility, extensive knowledge and real estate experience […]

Home building is once again contributing to the nation’s economic growth, and a major factor behind that growth has been the expansion of multifamily construction such as apartment communities and for-sale condominiums. Home ownership remains down, especially among younger households. Additionally, the overall number of households — home owners and renters combined — is lower than it should be considering U.S. population growth. With a boom in household formation expected in the years to come, most of them are expected to start out as renters as economic and labor market […]

Friday is the best day of the week to sell a home. Homes listed on Friday sell for 99.1 percent of their original asking price, a higher percentage than homes listed on any other day of the week, according to a study by real estate broker Redfin, which analyzed more than 500,000 home listings and sales records. The best month to sell? April, according to the analysis. Homes sold in April tended to sell closer to their asking price. In April, homes were found to sell for a 99.2 percent […]

Inventories of for-sale homes are so tight in some markets that some agents are writing home owners letters or even going door to door asking if the owners would be willing to sell. They’re also looking at reviving expired listings. A shortage of New York City apartments for sale is prompting agents to take such actions, The New York Times reports. In Manhattan, about 5,160 apartments and townhomes were on the market at the end of last year — the lowest number on record, according to the appraisal firm Miller […]

Frank moved to Fort Lauderdale in the summer of 2010. He brought with him a wealth of real estate experience and knowledge from San Francisco, California where he had been helping clients since 2006 as both a salesman and a broker associate. Upon moving to Fort Lauderdale, Frank hunted for just the right real estate company to call home and found the professionalism and charm of John Castelli and the entire office at Castelli Real Estate Services irresistible. Graduating college with a B.S. in both Math and Physics, Frank then […]

The national median home price saw the strongest year-over-year increase in seven years as a growing number of metropolitan areas posted higher median values in the fourth quarter of 2012, the National Association of Realtors said. Favorable affordability conditions, increasing rent rates, demand for housing and job creation are some of the drivers leading to solid home price performance, said chief economist Lawrence Yun at NAR. “Home sales are on a sustained uptrend, mortgage interest rates are hovering near record lows and unsold inventory is at the lowest level in […]

A look at stories across HousingWire’s weekend desk, with more coverage to come on bigger issues: Not only will FHA Mortgage Insurance Premiums be increasing 10 to 15 basis points, but they will also become permanent, creating room for alarm among lenders who fear lower-income homeowners will be squeezed out of the market. U.S. Federal Housing Commissioner Carol Galante announced the changes in late January. Many are arguing that, for a loan designed to help lower-income families and first time homebuyers, this increase in premiums is unjust, according to a […]