All Cash Sales Slowing Down in the US



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The total number of all cash sales in the United States accounted for 34.8% of home transactions in September this year, down from 37.2% a year earlier according to data from Core Logic. The percentages of all cash sales has consistently fallen each month since January last year, and September marked the 21st consecutive month […]

Latest Employment Figures Show Strongest Monthly Gains since January 2012



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The Bureau of Labor Statistics recently released its November Employment Situation report which showed an increase in average monthly gains, and a new high for the recovery. Chris Muolo, a senior associate and economist with Auction.com analyzed the report and said “It appears Christmas has come early for commercial and residential real estate. November saw […]

Jacque Stanley Named as Executive Vice President of ORRA



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The Orlando Regional Realtor Association recently announced it had appointed Jacque Stanley as the association’s executive vice president. Jacque Stanley has been employed by ORRA for a long time and most recently served as its chief operating officer.

US Home Price Growth Continuing to Moderate



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Nationally, home price growth in the United States dropped to 6.7% year on year, and figures from Clear Capital show just a 1% quarter on quarter growth in November. The trend for price growth moderation can also be seen at the regional level, with the West showing the strongest levels of moderation throughout the country […]

Brooklyn Named Least Affordable Place in the US



Brooklyn Bridge and Manhattan Skyline At Night, New York City

Brooklyn is well known for many things, but this list has a just got longer as it is been named the least affordable place in which to buy a home in the United States. Apparently residents in Brooklyn would have to spend nearly 98% of the median income in order to be able to afford […]

Why You Should Be Honest on Your Mortgage Application



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Your income is an important part of your mortgage loan application, and lenders do require specific documentation before deciding to fund you. This includes income tax returns for the past two years, or two years’ worth of corporate tax returns if you are self-employed. The only exception to this rule is if you are refinancing […]

Karen Wright Joins Moody Rambin as a Senior Associate



Karen Wright

Moody Ramibin recently announced that Karen Wright has joined the company as a Senior Associate for the Owner Representation Group. Karen has more than eight years’ experience in commercial real estate and previously worked in brokerage and in marketing and research. Karen is renowned for her superior analytical skills and she is highly experienced in […]

US Seeing Shortage of Lower-Priced Homes for Sale



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According to an article in Propertywire, while there are more, higher priced homes being put up for sale in the United States, there is still a shortage of lower-priced properties being listed. Apparently buyers searching for new property will find a higher level of inventory overall, but the number of lower-priced homes being listed for […]

Visa Changes Should Help Chinese Buy US Property



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Investment in US real estate from overseas buyers could increase dramatically next year due to changes to the reciprocal US/China visa agreement. Students can be issued with five year multiple entry visas, while business travelers and tourists can be issued with ten year multiple entry visas. These changes took effect earlier this month, and should […]

US Existing Home Sales Now Above Year on Year Levels



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Last month existing home sales in the United States increased for the second consecutive month and according to data from the National Association of Realtors, are now higher than year on year levels for the first time in 12 months. The total number of existing home sales which includes completed transactions for condominiums, co-ops, townhomes […]