Real, purchasing-power adjusted house prices increased 11 percent in February compared to a year ago. The lack of homes listed for sale is causing unadjusted house price growth to remain strong. Additionally, increasing interest rates are reducing consumer purchasing power. The result is a substantial year-over-year increase in the real price of homes,” said Mark Fleming, chief economist at First American.
Total existing-home sales 1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, ascended 4.4 percent to a seasonally adjusted annual rate of 5.71 million in March from a downwardly revised 5.47 million in February. March's sales pace is 5.9 percent above a year ago and surpasses January as the strongest month of sales since February 2007 (5.79 million).
Delinquencies declined 14 percent month-over-month, hitting their lowest level since March 2006 and the fourth lowest point since the turn of the century Total non-current inventory – all loans 30 days or more past due or in active foreclosure – fell below 2.3 million, the lowest volume in 11 years
While an outdoor adventure is a great time to switch off from the digital world, the modern mountaineer or connected camper might still want to send some snaps to social media. Battery life usually limits that luxury, but there's a tent-load of gadgets you could take with you to top up your devices, and now there's a new one vying for room in your backpack.
Earlier this month, the Ninth Circuit Court of Appeals held that an online provider may become ineligible for the safe harbor provided by Section 512(c) of the Digital Millennium Copyright Act if its moderators help select content submitted by users.
Using what's known as trended data is the biggest change. The phrase means credit scores will take into account the trajectory of a borrower's debts on a month-to-month basis. So a person who is paying down debt is now likely to be scored better than a person who is making minimum monthly payments but has been slowly accumulating credit card debt.
On the other side, the survey found that on average, respondents reported that their banks had experienced 85 serious attempted cyber breaches each year. Of these, about one third (36%) were successful, meaning at least some information was obtained through the breach. In these instances, it took 59% of banks several months to detect breaches that occurred.
According to the Associated Press, the state became the first in the nation to outlaw the use of plywood on properties certified as vacant and abandoned. The prohibition was tucked into one of 28 bills signed by Ohio Governor John Kasich.
There are more empty nests in the United States than ever before. The number of older homeowners who live in large, single-family homes with no kids has marched steadily upward over the past decade – rising from 11.9 percent (13.2 million) of all households nationwide in 2005 to 15.5 percent (18.3 million households) in 2015.
In a massive update, the virtual globe has introduced a feature called "Voyager." No longer will you be limited to only exploring places you've heard about, nor will you have to resort to randomly clicking on areas of the planet in hopes of finding a gem. Instead, "Voyager" presents you with dozens of curated journeys around the globe.
British firm Architects of Invention has drawn inspiration from the Hanging Gardens of Babylon, one of the Seven Wonders of the Ancient World, for its latest project. Envisioned for Birmingham, UK, the Garden Hill proposal consists of two wooden residential towers with an interesting stepped design and some sustainable features.
Mr.Trash has been in use since 2014, removing over 1 million lbs of rubbish from Baltimore's Inner Harbor. Some of that rubbish includes 8.9 million cigarette butts and half a million polystyrene containers.
RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and HouseCanary, the leading modern data analytics company for real estate professionals, announced today their collaboration that aims to make RE/MAX agents more productive than ever.
Each year, the American Institute of Architects (AIA) Committee on the Environment (COTE) reveals its 10 most sustainable buildings. Representing some of the best high-profile green architecture you're likely to see in one place, this year's selection includes solar-powered schools, super-efficient universities, and a Singaporean hospital that uses 69 percent less energy than its typical US counterpart.
Citing convenience and security as its motivations, Mastercard has introduced a credit card with an integrated fingerprint scanner. That means users can make purchases using the digits on their hands rather than those on their mind, as is becoming increasingly common on today's mobile devices and computers.
A format change to the Illinois REALTORS® version of the Residential Real Property Disclosure Report will help seller clients and their REALTORS® better document when disclosures are presented to buyers.
Rents across the country rose 0.7 percent from last March, the slowest rate of appreciation since November 2012, as new construction began to meet renter demand and soften the market. The median rent payment in the U.S. is now $1,408, according to the March Zillow® Real Estate Market Reportsi.
If you haven’t heard of Chewy, you aren’t alone. But PetSmart, the retail giant with more than 1,500 stores across the U.S., has clearly been tracking the low-flying, five-year-old pet supplies company. According to Recode, it just agreed to purchase its young rival for a stunning $3.35 billion, just slightly more than Walmart paid for Jet.com last year.
On Tuesday, Facebook kicked off its annual F8 developer conference with a keynote address. CEO Mark Zuckerberg and others on his executive team made a bunch of announcements aimed at developers, but the implications for Facebook’s users was pretty clear. The apps that billions of us use daily—Facebook, Messenger, WhatsApp, Instagram—are going to be getting new camera tricks, new augmented reality capabilities, and more bots.
The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.72 percent, down 12 basis points from this time last week. The 30-year fixed mortgage rate fell early last week, then hovered around 3.76 percent for most of the week before falling to the current rate.
A new project from former Microsoft CEO Steve Ballmer and Seattle design studio Artefact aims to change that. Called USAFacts, it’s an ambitious, $10 million effort to present government data in a way that’s open, non-partisan, and stupidly easy to understand.
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