Tight inventory continues to be a major factor for home shoppers. The supply of homes for sale is nearly 5 percent lower than it was a year ago, and 38 percent lower than its peak level in 2011. With fewer available options, home shoppers are moving quickly to buy homes, with the average U.S. home closing after 78 days on the market.
Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 1.1 percent to a seasonally adjusted annual rate of 5.57 million in June from a downwardly revised 5.51 million in May. After last month's gain, sales are now up 3.0 percent from June 2015 (5.41 million) and remain at their highest annual pace since February 2007 (5.79 million).
Distressed sales, including real estate-owned and short sales, made up 8.8% of total home sales in April, a decrease of 3% from last year and 1.7% from March, according to this month’s report by CoreLogic.
REO sales made up 5.7% and short sales made up 3% of total home sales in April. REO sales dropped 2.4 percentage points from last year to its lowest for the month of April since 2007. Short sales hovered between 3% and 4% since 2014.
Now, a team of researchers from Tufts University has taken flexible electronics to their next logical step, embedding them in sutures that can monitor the body from the site of the stitching and broadcast their findings to a Bluetooth-enabled device.
Coldwell Banker Real Estate LLC, the original Silicon Valley real estate startup founded in 1906, today announced the appointment of Charlie Young as the brand's president and CEO, which will take effect September 1, 2016.
With the market now in the midst of the popular summer selling season, both home sales and prices are rising with the summer temperatures. Homebuyer demand in June kept sales levels above last year’s by 0.7%, with a strong increase of 9.4% over sales in May. The Median Sales Price in June was $229,900, which marks a 2.2% increase over prices seen in June 2015.
The good news comes courtesy of RealtyTrac’s Midyear 2016 U.S. Foreclosure Market Report, which shows that there were a total of 253,408 properties that started the foreclosure process in the first half of 2016.
Contest categories included nature, sports, and travel, with the winners of each category awarded the opportunity to have their photographs featured in National Geographic. They also received a new drone or drone gear, depending on which place they won.
Once upon a time, the only way to get online and run apps was with a personal computer — a box with a keyboard and mouse or trackpad. Most of those computers ran Microsoft Windows. That old definition of a "computer" is outdated. Most computing these days is done on phones, or on computers with touch screens and simpler but less sophisticated operating systems from Apple (iOS) and Google (Android or Chrome).
Would changing our ways be a panacea for the 80% of us smartphone users ages 18–44 who, a 2013 study revealed, check our phones upon waking, even before brushing our teeth? Maybe. It would certainly better equip us to focus on other professional priorities before spinning off onto a series of unexpected tasks.
The California Association of Realtors claims that the website PDFfiller.com “willfully and unlawfully” copied, used, and sold its copyrighted materials to “hundreds of thousands of users” and wants the website to pay up – to the tune of $136 million.
June existing home sales were up 3 percent year-over-year, slightly lower than the annual pace of growth recorded in April and May (figure 1). Single-family home sales posted stronger year-over-year gains than the condo/coop category in every month during the first half of 2016. In June, single-family home sales were up 3.1 percent from last year, while condo/coop sales were up 1.6 percent over the year.
For instance, you can browse all of Van Gogh's paintings chronologically to see how much more vibrant his work became over time. Or you can sort Monet's paintings by color for a glimpse at his nuanced use of gray.
The Delft team built a one-kilobyte (8,000 bit) memory on a 96 nm by 126 nm rectangle of copper – which is about 800 times smaller than the width of a human hair – holding a matrix of chlorine atoms. The copper acts as a foundation, while the chlorine atoms reinforce one another to stabilize the matrix.
In a ruling this month, the Washington Supreme Court found that action illegal — a decision that clears the way for a federal class-action case that Jordan brought on behalf of at least 3,600 borrowers in the state, and one that could have broad ramifications on how some lenders respond when homeowners miss payments.
On average, Android smartphone users touch their phones 2,617 times a day, according to Indian Express.
The heaviest users — the top 10% — were found to touch their phones almost twice as much, at 5,427 touches per day. Over the course of a year, this accounts for nearly 1 million touches on average, per user.
The agreement gives Patch users in more than 900 local and hyperlocal communities access to the most accurate and up-to-date real estate information to help them find the home of their dreams. In addition to a realtor.com neighborhood widget of open houses and for-sale homes, they will also have access to realtor.com News & Advice articles, which range from home buying and selling tips to the latest celebrity real estate trends. The widget links back to realtor.com for full property information.
One of the ever-more limited places Google's Street View cars have yet to visit is the Faroe Islands. Aggrieved that her home country, which she says is "the most beautiful place on earth" is missing out, Durita Dahl Andreassen strapped a 360-degree camera to a sheep and created Sheep View 360.
Since its introduction of flight search back in 2011, Google has become a way for travelers to quickly find the best options available to them, providing information on flight prices based on chosen times, dates, airlines, and itineraries. The search engine also offers users the ability to search hotel options and their current rates.
"As we approach the 10-year anniversary of the pre-crisis peak in U.S. housing prices, we're just under 3 percent off that June 2006 peak nationally, and 23 states have already passed their 2006 peaks," said Graboske. "The result is that equity levels are rising nationwide for the most part. In Q1 2016, 425,000 borrowers who had been underwater on their mortgages regained equity, bringing the national negative equity rate down to just 5.6 percent.
In a statement published on Monday, TREB reiterated its concerns that the tribunal’s April 27 order mandating wider access to the industry’s Multiple Listing Service database violates privacy law and the rights of buyers and sellers. On May 27, the real estate board filed a notice of appeal to challenge the ruling in the Federal Court of Appeal and on Friday, it asked the court to stay the tribunal’s decision.
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