Tight inventory finally caught up with existing home sales in July with sales falling 3.2 percent after meeting or beating expectations for much of the spring. The August home sales forecast predicts a slight recovery in existing home sales, only bringing them back in line with the range that has prevailed since March.
“Michael brings an impressive list of accomplishments to his role as president of First Team Real Estate, in addition to a number of unique characteristics that render him particularly well suited to lead the organization,” states Cameron Merage, First Team’s CEO and founder.
In the second quarter of 2016, the Federal Housing Finance Agency’s house price index was almost identical to the level of the index in the third quarter of 2007, according to the Mortgage Bankers Association.
So why is this so important? Once the HPI reaches pre-crisis levels, Fannie Mae and Freddie Mac can raise the conforming loan limits — the maximum mortgage origination balance the GSEs are permitted to buy. Loans above the limit are known as jumbo loans.
Confidence among U.S. homebuilders rose to an 11-month high in September, indicating the housing market will continue to advance, according to data Monday from the National Association of Home Builders/Wells Fargo.
Not a day goes by without a new piece of news popping up about the real estate market in Canada. As we’ve been watching home prices hitting record after record in most metropolises across Canada, most of us have probably been asking ourselves where all this is going and how the changes are impacting home buyers and real estate professionals alike.
If there is one thing that will stand the test of time, it’s thumb placement on mobile devices. This makes consideration of the “thumb zone“, a term coined in Steven Hoober’s research, an important factor in the design and development of mobile interfaces.
In a major victory for real estate, Data Distribution Technologies, LLC—a so-called patent troll that has been demanding patent licensing fees from real estate companies—has agreed to a settlement with the National Association of REALTORS® that will prevent it from suing, or threatening to sue, real estate practitioners, brokerages, MLSs and other companies in the real estate industry that offer email alerts to consumers about new or updated listings.
Researchers claim that we humans can no longer brag about being able to concentrate for a full 12 seconds on a coherent thought, thanks to the digitization of our lives. We now lose concentration after about 8 seconds, which, sadly, is 1 second less than the attention span of a goldfish.
Using ColoredCoins and its torrent-powered Metadata handler, UBITQUITY puts all the necessary information for a title into an online asset. The system stores everything from the cost of the property, to its ownership history, even an image of the property. So long as ColoredCoins has a user base, the information should remain secure online, forever.
Recently released data from the U.S. Census Bureau on household income and poverty offer some good news for American families overall, with positive potential impacts on housing. U.S. annual household incomes grew 5.2 percent year-over-year in 2015, to $56,516, the first annual increase since 2007 and the strongest pace of income growth in a decade. That’s about $2,800 more in the average American’s pocket last year.
The update brings Siri to third-party apps and supercharges Messages with a lot of new superpowers. Siri and Messages may be the stars of iOS 10, but there are still plenty of new features to get excited about — even if they aren't immediately obvious.
But consumer advocates and privacy experts have also criticized the program for a lack of transparent standards. Eyeo had previously promised to launch a nonprofit, independent board as an arbiter of which sites make the cut, but such plans have yet to materialize.
New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer, in what Gov. Andrew Cuomo described as a "first-in-the-natio
Five years after acquiring online real estate marketing startup Diverse Solutions, Zillow Group today sold the company to Market Leader.
Market Leader, a subsidiary of Constellation Software Inc., is a 17-year old company based in Bellevue, Wash. that provides sales and marketing tools to more than 200,000 agents, brokerages, and franchises across the U.S. and Canada. It started in 1999 as HouseValues.
A new startup is trying to solve the problem by connecting people for home exchanges in a nationwide housing community. If someone gets a job in another city and wants to move, they can move into another member's house without actually having to sell their old place.
Richardson is now chief economist at Redfin, an online real estate brokerage and research firm. She leads the company’s efforts to leverage their vast database to inform consumers about the still convalescent housing market.
August home sales increased 5.8% over a year ago, reversing July’s decline of 8.8%. At the same time, the median price climbed 5.1% as steady monthly increases continued. August sales were up year-over-year in 41 of the 53 U.S. metro areas analyzed in the RE/MAX National Housing Report.
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 420,360 units in August, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2016 if sales maintained the August pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
“We’re working towards developing a transparent experience that provides riders with enough information about the trip and the vehicle system to feel safe and confident,” says Emily Bartel, a product manager at Uber’s Advanced Technologies Center, in Pittsburgh.
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released a new analysis showing 548,000 U.S. homeowners regained equity in Q2 2016 compared with the previous quarter, increasing the percentage of homes with positive equity to 92.9 percent of all mortgaged properties, or approximately 47.2 million homes. Nationwide, home equity grew year over year by $646 billion, representing an increase of 9.9 percent in Q2 2016 compared with Q2 2015.
If you're slightly skeptical about some of the operating system's features or simply reluctant to change, we've compiled nine awesome reasons why you should put your fears aside and download iOS 10 right now.
The latest data from ATTOM Data Solution’s RealtyTrac shows that there were 51,434 single-family homes and condos flipped in the three months to the end of June 2016, up 14 per cent from the previous quarter and up 3 per cent from the second quarter of 2015.
Students attending top-ranked national universities Stanford, Princeton and University of California, Berkeley will pay the most in off-campus housingii. University of Notre Dame, Carnegie Mellon University and Washington University in St. Louis, MO are among the highest ranked schools with the lowest off-campus housing costs.
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