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townhouse

Townhouses Becoming the New Popular Homes

Today’s News Synopsis: The latest Home Price Report from CoreLogic showed a 7% year-over-year and 1% month-over-month increase in home prices in February, and they are expected to increase 4.7% by next year.  The Commerce Department reported the construction of new homes are both adding to a stronger economy and adding more jobs.  Townhouses are […]

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Florida e1491003384979

Realtor.com Releases List of Preferred Retirement Places..and Florida is Not One

Sources: The S&P CoreLogic Case-Shiller National Index Annual Return Sets 31-Month High Credit Complaints Amplify in Latest CFPB Report Pending Sales of Existing Homes in U.S. Rise Most Since 2010 Average US 30-year mortgage rate slips to 4.14 percent Understanding the Small and Medium Multifamily Housing Stock Millennial Magnets: The Top 10 Cities Where Young

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affordable housing

Rental Affordability Toughest in Minority Neighborhoods, While Overall Affordability Decreases in 1st Quarter

Today’s News Synopsis: Realtor.com released their list for this month on the top housing markets people prefer to live in.  Zillow’s latest report showed the neighborhoods that struggle the most with rental affordability are minority neighborhoods.  However, at the same time affordability, in general, was lower in the first quarter of 2017 according to the

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commercial property1

Morgan Stanley Predicts a Peak in the Commercial Real Estate Market This Year

Today’s News Synopsis: Pending home sales increased 5.5% last month according to the latest National Association of Realtors report, following a 2.8% decrease in January.  Analysts at Morgan Stanley predict we will see the commercial real estate market at its top this year, bringing an end to what is known as the “bull cycle.”  As

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home price gains

Latest Case-Shiller Index Shows Prices at 31-Month High Year-Over-Year

Today’s News Synopsis: The latest Case-Shiller National Index from S&P and CoreLogic showed a 5.9% annual gain in home prices, putting them at their highest in 31 months.  The latest report from the CFPB showed complaints regarding credit were much higher from December 2016-February 2017.  A new product was released by ATTOM Data Solutions today

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millennials living

Realtor.com Releases List of Top Places Where Millennials Choose to Live

Today’s News Synopsis: Realtor.com released their list of the top ten places where millennials are choosing to live.  The National Association of Realtors, Commerce Department, and University of Michigan released four different charts showing why housing inventory seems to be an issue, the charts which cover prices, income growth, sales and construction, and when is

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solar power

Tesla to Begin Selling Their Newest Solar Panels

Sources: Bank Card Default Rates Rise Four Straight Months in February 2017 According to S&P/Experian Consumer Credit Default Indices Commercial/Multifamily Mortgage Debt Ends Year Strong, Despite CMBS Decline US home sales slowed in February after surge in January February pending home sales and Market Pulse Survey Top 10 Cities Where Downturn Is Making a Comeback

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Shubber

Shubber Ali of Centriq Technology Joins Bruce Norris on the Real Estate Radio Show #531

Aaron Norris is filling in for Bruce this week, and he is joined by Shubber Ali. He is co-founder and CEO of Centriq, a software platform designed to connect homeowners with everything they need to know about the home in an easy-to-use app. Previously he was vice president of strategic innovation for salesforce.com. This was

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rent increases1

ATTOM Data Releases List of Top Market To Purchase Rentals

Today’s News Synopsis: The latest data from the California Association of Realtors showed pending home sales for February decreased 2.6% year-over-year in February.  ATTOM Data Solutions released a list of the top markets where single family rentals can be purchased.  A startup company in San Francisco named Apis Cor has made it to where a

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