RealtyBizNews: Real Estate News
With the latest on mortgages, refinancing, real estate & home tips
The luxury real estate market in Manhattan is still thriving, and the new mayor of New York will struggle to try to close the gap between the extremely wealthy and the rest of the inhabitants in the city. During the last three months of 2013 the median sales price of a condominium reached $855,000 according […]
If you are looking for stability more than big bang profits, investing in small town commercial properties will likely appeal to you. Not all small towns remain vibrant so, you’ll need to do your research and pick carefully. Commercial real estate is a mixed bag these days. Big gateway cities like NYC, Washington D.C., and […]
Owning your own home is still very much the American dream, but a recent report by Zillow and the National Urban League looked at recent trends affecting minority access to property and the different experiences people have had when applying for a mortgage. In addition the report shows how the outcome in a number of […]
It looks as if some borrowers may find it far easier to obtain mortgage credit this year than they would have just 12 months ago, according to a new report in MSN Real Estate.
The electronic cryptocurrency Bitcoin has had its fair share of headlines over the past few weeks, but does it hold any value for real estate professionals?
A recent report by RealtyTrac has identified 19 towns that have top quality ski resorts and has ranked them according to investment potential. The report looked at the local housing market, and assessed the possibility of being able to purchase an investment home that could prove profitable. When creating the rankings, Realty Trac identified towns […]
A report from Reuters shows homebuilders’ confidence in the US real estate market slipped slightly at the beginning of the year, even though most developers remain upbeat over the housing recovery, and anticipate it will continue. The data for the report was from the National Association of Home Builders. In January the NAHB/Wells Fargo Housing […]
Mortgage credit could be greatly restricted by the Consumer Financial Protection Bureau’s new Qualified Mortgage rule, throwing a major obstacle in the way of the housing recovery, warned lawmakers and mortgage industry leaders during a House Financial Service Committee hearing on Tuesday.
A new report from RealtyTrac has shown that fewer mortgages are underwater. According to their latest report 19% of homes with mortgages, which equates to 9.3 million properties were classified as being deeply underwater last month. Being deeply underwater means the borrowers owe at least 25% more on their mortgage than the property is worth. […]
As it should be, Memphis is a pilgrimage for many people from all around the world. They come to visit the birthplace of the blues, soul, and rock-n-roll music. W.C. Handy wrote the first blues music on historic Beale Street. Elvis Presley, Jerry Lee Lewis, Roy Orbison, and Johnny Cash all recorded at Sun Records, […]
