Statewide pending home sales increased in October, with the Pending Home Sales Index (PHSI)* rising 2.5 percent from a revised 110.7 in September to 113.4 in October, based on signed contracts. The month-to-month gain was better than the average increase of 0.9 percent from September to October observed in the last seven years.
"It appears the Fed is going to raise interest rates in December, and that's particularly good for community banks,” Jack Shubitowski, president and CEO of Huron Valley State Bank, told Crain’s Detroit Business. “We should become more profitable in a rising interest rate environment."
LendingTree®, the nation's leading online loan marketplace, has launched an integration with Google Compare for Mortgages, the latest addition to a suite of Google Compare products designed to help consumers make confident, more informed financial decisions.
Today, the September S&P/Case-Shiller Home Price Indices showed that the10- and 20-City Composites rose 5 percent and 5.5 percent, respectively, on a year-over-year basis. Year-over-year growth in the 10-city index was up from 4.7 percent in August. Annual growth in the 20-city index was also up slightly from July’s 5.1 percent pace. The U.S. National Index rose 4.9 percent year-over-year, up from 4.6 percent in August.
The statewide median price in October 2015 rose to $168,000, a 6.3 percent gain over October 2014’s statewide median price of $158,000. The median is a typical market price where half the homes sold for more and half sold for less.
The result is what the researchers, from Loughborough University, call the compensation effect. When switched away from normal sitting desks to workstations that could be quickly adjusted between sitting and standing positions, subjects were found to spend a little more time sitting in the evening—perhaps because the poor lambs were tired.
After two consecutive months of increases, the total delinquency rate finally reversed course and declined by nearly 2% from September and nearly 12% from last year, the “first look” report for October 2015 from Black Knight Financial Services showed.
Move, Inc., a subsidiary of News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV] and operator of leading online real estate services destination realtor.com®, today announced the appointment of Suhail Ansari as chief technology officer. In this role, Ansari is responsible for overseeing the company's technology strategy focused on accelerating innovation to empower people by making all things home simple, efficient and enjoyable.
"You could call a 900 number and enter an area code and get weather or flight information," says Rick Parkhill, who founded the industry publication InfoText in 1988. "When you think about it, in the late ‘80s, there was no way to find out what the weather was in California if you were in New York, unless you called somebody, or turned the television on and waited for something to happen."
Zillow Group (NASDAQ: Z and ZG), which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, today joined the Google Compare for Mortgages experience, extending consumer access to Zillow's real-time mortgage rates and expansive set of lender ratings and reviews.
If the eClosing pilot proved anything, it was that a digital closing platform is a critical tool for lenders to achieve these three goals. Participating in a unified real estate closing process not only transforms the consumer’s experience, but it also enables all stakeholders to communicate effectively and ensure a seamless, efficient transaction from start to finish.
Nestled at the base of Jackson Hole Mountain Resort, this pine-and-stone clad residence, at first glance, appears much like the wooded Wyoming community’s neighboring homes. However, a contemporary interior pays tribute to the clients’ Swedish roots with clean lines and a minimal palette.
If you’re like me, you probably use Google many times a day. But chances are, unless you're a technology geek, you probably still use Google in its simplest form. If your current use of Google is limited to typing in a few words and changing your query until you find what you’re looking for, then I’m here to tell you that there’s a better way -- and it’s not hard to learn.
With mortgage rates remaining below 4 percent for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September's jump, according to the National Association of Realtors®. All four major regions saw no gains in sales in October.
Sir Issac Newton didn’t write much about real estate, but for much of the past year it has seemed like existing home sales have been governed by the esteemed British physicist’s Third Law of Motion: For every action, there is an equal and opposite reaction.
71% believe that technology has improved the overall quality of their lives and 68% say it encourages people to be more creative. At the same time, 73% believe technology is creating a lazy society, 69% say too distracting, and 59% say technology is having a negative impact on literacy.
Agent Ace, a data-driven real estate agent recommendation service, announced this week that it acquired fypio, a real estate company that provides homebuyers with a personalized, lifestyle-driven search experience.
When it was built in 1983, the hulking Chinatown mall in downtown Tainan, Taiwan, was briefly popular. Now it's almost completely abandoned, filled with shuttered stores, empty karaoke bars, and broken skylights. And next year, the city plans to tear it down and turn the ruins into a park.
The Transportation Security Administration's conveyor system looks so efficient on paper—like some assembly line designed by Henry Ford—until you elbowing for the last of the plastic trays behind someone who left a water bottle in their bag and holds up the whole line.
Beginning very soon, consumers all over the country will be able to shop for a mortgage on Google. Imagine a consumer searching for "mortgage" on Google and being prompted to review a list of Google-approved lenders and their rates.
Almost as soon as the massive Gardiner Expressway was built in downtown Toronto, the debate began about taking it down. For now—unlike in some other cities that are starting to level urban highways—the expressway will stand. But the city has a new plan to reconnect the neighborhoods below it, turning unused space into a long park.
They believe that buyers want green homes and are willing to pay up to 5% more for them, according to a new study, which found that by 2020 more than half of them will be heavily involved in green building.
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