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Housing starts drop as interest rates rise

Other

New home starts on private residences have been up and down over the past few months, but dropped 9.9% from the revised May estimate of 928,000, reaching only 836,000 in June. 

Customers Most Satisfied at This Company

Other

Prudential Real Estate ranked the highest in customer satisfaction in three out of four home buyer and seller segments, according to the latest J.D. Power Home Buyer/Seller Satisfaction study of the nation’s largest real estate companies. Rankings for home-buying satisfaction are based on four factors: agent/salesperson, real estate office, closing process, and a variety of additional services. Home-selling satisfaction is also based on those four factors, plus marketing. J.D. Power revealed the following rankings of real estate companies: First-time home […]

Featured Latham Gay Realtor: Jeff, Keller Williams Realty

Buying a Home

Jeff is the Lead Buyer’s Agent at Keller Williams, a Gay Owned & Operated five-person real estate team at the KW Capital District Market Center — Upstate New York’s largest KW office. Broughton Properties specializes in residential sales, with both buyer and seller programs, relocations, short sales, with an investment property specialty (investors welcome!). Jeff is a Capital District native, and truly loves helping buyers find their dream home, whether it is their first or their last, and has many […]

‘Boomerang Buyers’ Are Staging a Comeback

Buying a Home

Boomerang buyers former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again are coming back. They’re expected to flood markets in some of the hardest hit areas for short sales and foreclosures in the coming years. For example, boomerang buyers are predicted to account for nearly one in every five home sales in the metro Phoenix area this year […]

More Household Formation to Buoy Demand

Other

As job growth remains steady, conditions are ripening for household formations to grow stronger, according to a recent report on housing demand. Children are moving out of their parents homes, and college graduates are stepping out on their own, helping to fuel demand for housing. The growth in household formation has caused an increase in demand over the last two years for all types of housing, including multifamily and single-family ownership and rentals, according to the report. Household formation hit […]

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.

Housing Inventories Rising Faster Than Usual

Other

The number of homes for sale rose 4.3 percent in June to 1.9 million—the highest level in the past year. These gains are also higher than usual for this time of year, according to newly-released housing data from realtor.com®.

Where Housing Bargains May Still Lurk

Other

Foreclosures have fallen by 35 percent nationwide in the last year, according to data from RealtyTrac. However, where such proceedings must first get approved by the courts—which are known for having a lengthy process—foreclosures have climbed 34 percent overall. In New Jersey foreclosures have soared 103 percent, followed by Florida (up 100 percent), Maryland (up 94 percent), New York (up 66 percent), and Illinois (up 65 percent), according to RealtyTrac.

Featured Indianapolis Gay Realtor: Dave, RE/MAX Metro

Buying a Home

Real Estate professional for over 20 years of residential experience. Trained in national historic preservation, new construction specialist and certified relocation specialist. Nationally ranked in the Top 2%, with over $150 million in career sales. Quality Service Award winner yearly since 2002!! Professional/Personal Distinctions: CENTURION Producer Award 2001, 2003, 2004, 2005, 2006…Quality Service Award Winner 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 Specialties: Historic properties, condominiums, new construction and urban living, downtown, Meridian Kessler, Broad Ripple, Irvington, Zionsville, […]

Conditions are ripe for household formation

Other

A sharply positive turn in U.S. household formation has caused a rising demand for all types of housing over the last two years, including multifamily and single-family rental and ownership, according to data from a number of analysts. “We believe steady, if unremarkable, monthly job growth is creating a similar household formation environment for 2013 which should support our positive housing outlook,” the analysts said in a report on housing demand. “You’re just seeing a lot more people getting reengaged,” […]

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