RealtyBizNews: Real Estate News
With the latest on mortgages, refinancing, real estate & home tips
A new survey by the Urban Land Institute (ULI) suggests that Americans aged between 18 and 34 – otherwise known as ‘Millenials’ or ‘Generation Y’ – could become a “game changer” in the future of US real estate. As such, real estate professionals are being advised to take careful note of this demographics’ preferences when it comes to buying a home.
Property dealings are not as simple as shopping in the mall for clothes, shoes, or accessories. Just selecting the place of your choice and paying for it is not possible in property matters. Both property buying and selling are difficult deals, and you must be alert enough so that the opposite party doesn’t take undue advantage of your naivety and cause you undue monetary losses.
There are many programs on TV today, and even more online, dedicated to proving just how stupid criminals are. However, much as a broken clock is right twice a day, there are times when even the dumbest of criminals get things right or get lucky. While on face value, protecting your home from crime may seem expensive, the truth is it does not have to be.
Housing affordability in the US remained close to its all-time record highs in the first quarter of 2013, according to the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index.
Josephine Traina, an established broker with Carolina One Real Estate, marketing director for Bee Street Lofts and founder of the My Heavenly Reward program, was featured in the May issue of Top Agent Magazine.
Two of America’s biggest banks have announced a temporary halt to foreclosure sales in several US states. Citigroup and Wells fargo said that the move was a precautionary measure after federal regulators made changes to guidance on the minimum standards applied to foreclosure transactions in the affected states.
Fidelis Screening Solutions is a leading provider in the background check and drug screening industry, and has just launched a new version of RentPrep, a popular landlord tenant screening solution.
Lawrence Yun, chief economist of the National Association of Realtors, has warned that even as the economy picks up and more employment opportunities are created, the commercial real estate market faces a number of challenges as it makes its first tentative steps towards a recovery.
Finding new ways to engage home buyers and keeping them coming back to your real estate business is often one of the biggest challenges agents and brokers face in today’s competitive real estate industry. Having a high-ranking website helps home buyers and renters to find your business, but what else can be done to ensure you maximize your business potential and chance for a higher conversion?
Property investment expert Rick Otton is warning that increased levels of international institutional investment in the UK property market, in particular from the US could make it even harder for buyers to get onto the property ladder.
