The percentage of homes that went under contract within two weeks dropped from 31.9% nationwide in May to 30.5% in June, according to the latest report from Redfin. However, despite recent slowing, the market remains faster in June than it has been in years. “Offer deadlines are less common, but buyers are still anxious to make their offers early to find out if they have a chance, or move on,” said Charmaine Frank, area manager of Redfin San Francisco.   […]

According to a report by Morgan Stanley, the buy-to-rent market is only a fraction of where it could be, and the market is ready for major growth in the coming years. Morgan Stanley analysts predict that the buy-to-rent market will grow from $17 billion today to more than $100 billion in the next several years. They called it a sustainable business with a long runway for growth. According to analysts, institutional investors may be able to anticipate a more than […]

My career has been defined by a commitment to the highest standards of professionalism and exuberant client service and I am proud to be a part of a company that shares the same attributes.

The Greater Phoenix single-family residential market is in recovery and is no longer in recession. At least that’s what Grand Canyon Title Agency real estate analyst Fletcher Wilcox claimed in his latest report on the Greater Phoenix market.

Illinois is considering a plan to make fire sprinklers mandatory in all new single-family and two-family homes built in the state. If approved, Illinois would become the third state in the nation with a sprinkler mandate in residential housing (California and Maryland adopted mandates in January 2011).

Terry’s commitment to comprehensive service, attention to detail, in-depth knowledge of Chicago real estate and willingness to always go the distance have helped him to establish a strong business with many satisfied clients and referrals. Consistent high performance, an honest and thorough approach to business and professionalism are some of the qualities that Terry’s clients have grown to appreciate and expect from him. Terry’s success is attributable to his integrity, honesty and trustworthiness; his diligent approach provides his clients with […]

Swimming in tax foreclosures, Michigan’s Wayne County treasury office is planning to bundle hundreds of dilapidated tax foreclosure properties into one package at its fall auctions, reported Crain’s Detroit Business. In the past, the treasurer’s office has experimented with bundling for cases such as subdivision projects that fell apart. This would be the first time the county has bundled so many properties, however. The bundling is part of a strategy to best position the properties for the future. The idea […]

Houston-based real estate consulting firm Metrostudy uses “drive-bys” to help it gauge the health of the residential market in different U.S. metro areas  Employees drive through newly built or still under construction housing developments from Texas to Florida and begin observing. If there are toys on a house’s front lawn, for example, that is a good sign that a family has moved in. Check out these lawn sprinklers from The Irrigation Shop if you’re planning to install some in your […]

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The real estate industry is taking steps to prevent scraping — or data piracy — of online real estate listings. Realtor.com said earlier this year that it is making efforts to block automated bots from trying to scrape listing data from its more than 1 million pages per day. “Scraping happens every day, and it’s something that’s surprisingly inexpensive for cybercriminals to do,” Amit Kulkarni, Move’s creative director, said in a blog post detailing realtor.com’s efforts to curb scraping.