Winter 2017 home sales remained strong during February with the 7,391 closings representing the second highest total for the month, according to the housing market report released today by the New York State Association of REALTORS®. The January statewide median sales price of $242,000 represents an increase of 4.3 percent from a year ago.
Based on signed contracts, statewide pending home sales decreased in February on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* declining 2.6 percent from 113.5 in February 2016 to 110.6 in February 2017, marking the weakest February in three years. On a monthly basis, California pending home sales were up 3.2 percent from the January index of 107.2.
Google Maps has today announced a new feature to allow you to share your location with others. While that might seem creepy, it’s not the first to add this type of functionality. Facebook tells you when a friend is nearby – it even lets you “wave” at them and gives you the option to send a message if they holler back. F
High job growth in markets such as Orlando, Seattle, and Miami, and the power of affordability in places like Albany and Buffalo are making these markets magnets for millennials." said Javier Vivas, manager of economic research for realtor.com®. "But what really stands out is that all these markets already have large numbers of millennials, which translates into strong populations of millennial home buyers."
Three decades ago, the long-fought Iran-Iraq war had reached a deadly stalemate, the stock markets took a huge hit on Black Monday in October, American politicians were gearing up for the 1988 presidential race, Baby Jessica was rescued from a well, broadcast live on CNN, and much more.
Property owners "need to be aware that upon renting their property or portions of their property through homesharing or collaborative consumption companies such as AirBnB, may be committing Homestead Fraud and are subject to lose their exemption, plus a 50 percent penalty and 15 percent interest," reads the flier. "Stay informed!"
Steady income and job growth combined with increased building permit activity has increased the market potential for home sales on an annual basis,” said Mark Fleming, chief economist at First American. “Demand from Millennials and first-time homebuyers remains robust despite the strong spring sellers’ market and rising rates, resulting in a shrinking underperformance gap, as the market aligns with its potential.
Conventional loans commanded 63 percent of the market share, compared to 66 percent in January, according to Ellie Mae’s report. The FHA increased its market share by 2 percentage points to 23 percent, and VA loans rose by 1 percentage point to 10 percent.
It’s the 2017 U.S. spring home-selling season, and listings are scarcer than they’ve ever been. Bidding wars common in perennially hot markets like the San Francisco Bay area, Denver and Boston are now also prevalent in the once slow-and-steady heartland, sending prices higher and sparking desperation among buyers across the country.
Brabus' latest Business Lounge puts more tech than ever at passenger fingertips. The upfitted V-Class van also keeps those passengers cozy and occupied with reclining seats, a refrigerator, a coffeemaker, and a full-blown productivity and entertainment suite. If you simply must travel by automobile, not private jet or superyacht, this is the way to do it.
Private islands have long been a stamp of the filthy rich — just ask Richard Branson or Shakira about their own island oases. Now, well-heeled travelers can also seek out their own slice of private island paradise, temporary (and expensive) as it may be. Would-be castaways are even finding deals that make ultra-exclusive havens more accessible than ever before.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 3.7 percent to a seasonally adjusted annual rate of 5.48 million in February from 5.69 million in January. Despite last month's decline, February's sales pace is still 5.4 percent above a year ago.
When it comes to eye exams, nobody likes getting the pupil-dilating eye drops. Not only do they sting, but they can also take a while to work, plus they leave patients with blurry vision for hours afterwards.
t’s called, quite simply, a physician loan—and it’s a welcome relief to many doctors, given newly minted physicians graduate with an average $180,000 in medical school debt, according to a 2016 report by the Association of American Medical Colleges.
Technology has enabled a large number of new biometric identification systems that use fingerprints, iris scans, wrist vein scans, voice recognition and face recognition. But when it comes to the potential for privacy invasion, however, these various approaches are not equal.
U.S. authorities today alerted a number of Middle Eastern and African airlines that starting soon, their passengers will have to check any electronic items larger than a cell phone. That means passengers on these flights will have to put their laptops, tablets, Kindles and portable game consoles into their checked baggage for the foreseeable future.
Innovative Swedish company Wheelys is opening up the world's first app-controlled, staff-free convenience store in Shanghai. Accessible 24 hours a day, seven days a week, the prototype store is designed to make it cheaper and easier for small businesses to get into the retail game.
“While many consumers now know to be wary of calls claiming to be from the IRS or offering a free cruise that seems too good to be true, the latest threat comes disguised in the form of the utility companies that we trust to provide our basic services, like gas and electricity.”
Zillow expects February existing home sales, as reported March 22 by the National Association of Realtors, to total 5.49 million units at a seasonally adjusted annual rate (SAAR), down 3.6 percent from a strong January, but still well above a year ago (figure 1).
Reams of statistics support the depth of the problem: California’s homeownership rate is at its lowest since World War II, a third of renters spend more than half of their income on housing costs and the state has nearly a quarter of the nation’s homeless residents — despite having 12% of the overall U.S. population.
The county’s permits for single-family homes dropped by 23 percent in 2016, more than any other Southern California county. It also had the second-largest increase in multifamily construction (condos and apartments) in the region, said the Real Estate Research Council of Southern California.
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