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Pending single-family sales shoot up 40% in Florida

Selling a Home

Florida earned its reputation as a recovered Sand State in September with pending home sales soaring 40.1% above year-ago levels. While pending sales are contracts yet to be closed, Florida Realtors found that statistic compelling enough to declare Florida no longer in recovery mode, but stabilized and on solid footing. Closed single-family sales also increased, rising 2% from last September to 15,643 sales last month, the Florida Realtors industry data and analysis department said. The statewide median price for single […]

Featured Memphis Gay Realtor: Allen, The Hobson Co. Realtors

Buying a Home

  Dedicated Multi-Million dollar seller who knows how to listen. After 12 years in the business I think my previous clients say it best… “Our family has moved eight times and we have never worked with a realtor who was as professional, thorough and concerned for our move as Allen was.” R.H. Intl Paper “Allen helped in all sorts of ways. He made sure that he understood what we wanted in a home,…His professionalism, preparation, intuition, extreme hard work and […]

Gay Realtor Los Angeles Top Neighborhoods

Relocation / Moving

Next to New York City, gay realtor Los Angeles reports Los Angeles has the largest number of gay residents in the United States. Known as a tolerant city in part due to the presence of the large entertainment, arts and fashion communities, Los Angeles has a long history of being a city where gays aren’t afraid to be “out and proud”. Many gay enclaves are located near Downtown LA and West Hollywood. According to gay realtor Los Angeles, some of […]

Featured Nashville Gay Realtor: Matt, Reliant Realty

Buying a Home

Representing Buyers and Sellers in the Greater Nashville area, I have relationships with lenders, inspectors, builders, and appraisers to help make your real estate transaction a pleasure from start to finish. Real estate transactions can be confusing and frustrating. When you work with me, you can rest assured that I will not only handle the details, but make sure your interests are protected. Whether you’re a first time homebuyer, selling your current home, or relocating to the area I would […]

Fitch: Homebuilding to Get Boost From Falling Foreclosures

Other

Homebuilders may benefit from the drop in distressed properties in recent months, which might spur greater activity in new-home construction, according to a new report by Fitch Ratings. Distressed home sales have hampered home prices the last few years. But with less competition from distressed home sales and rental prices, more home buyers may consider new homes, according to Fitch. Robert Curran, Fitch’s managing director of homebuilding, forecasts single-family housing starts to rise 19 percent in 2012, and existing-home sales […]

More Luxury Home Buyers Opt for ARMs

Buying a Home

Once blamed as one of the culprits behind the flood of foreclosures in recent years, adjustable-rate mortgages are back and rising in popularity, particularly among luxury home buyers, The Wall Street Journal reports. ARMs are offering super low interest rates—at least for a certain period—compared to fixed-rate mortgages that are tempting home buyers once again. ARMs can have a fixed-rate mortgage rate for a certain number of years, such as five or seven years, before they start fluctuating with the […]

Featured Denver Realtor: Bill, ERA Herman Group Real Estate

Buying a Home

Bill came to Denver in the early 80’s to attend the University of Denver and fell in love with the climate, mountains, and the area … so he decided to call DENVER “HOME.” He has owned many businesses in the metropolitan area of Denver, most recently The Capitol Hill Mansion Bed and Breakfast. His knowledge of neighborhoods has helped sellers and buyers find the right match for their situation. He believes in Education in order to be aware of the […]

Featured Denver Realtor: Merlin, Dwell Denver Real Estate

Buying a Home

Merlin has a precise vision of the Denver Metro market and how it can benefit each of his clients. His unique ability to work closely and listen attentively with buyers and sellers, allows him to understand your goals and identify your best opportunities; all within a manageable time frame that fits your specific needs. Merlin understands that real estate may be the biggest investment of your life. That is why education of the market, dedicated service, and attention to detail […]

New-Home Market Surges

Other

Construction on new homes in September rose to its fastest pace in more than four years, the Commerce Department reported Wednesday. Housing starts surged 15 percent in September over August levels, led by a 25.1 percent rise in the multifamily market. Single-family housing starts increased 11 percent in September, reaching their highest level since August 2008. Building permits, a gauge of future construction, climbed 11.6 percent in September. “One of the big headwinds for the economy has been the weak […]

Homes Are Selling Faster

Other

Inventories of for-sale homes aren’t the only thing that is dropping. The amount of time homes are staying on the market is growing shorter as well—down 11 percent in the last year—according to the latest Realtor.com data. Homes were listed on average 95 days, according to September housing data. That is down from 107 days a year earlier. Homes are selling the fastest in Oakland, Calif., in which the median age of the inventory averages 21 days, which is 57 […]

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