If you are a new retiree or you’re close to retiring, you may be considering relocation to a different home. Even if you have some ideas about what you want, there are several important factors to consider before you begin your search. The process of second-time buying can be significantly different than it was the […]
Archives for January 2014
African-Americans Getting a Rough Deal in Housing
January 31, 2014 by
There’s bad news for racial equality when it comes to housing, with a new study showing that African-Americans are being squeezed out of the market far more often than people from other races.
Will New Mortgage Rules Protect Consumers
January 30, 2014 by
As of January 10, there are new mortgage rules being enforced by the Consumer Financial Protection Bureau (CFPB). This is a new government bureau created in 2011 as a result of the Great Recession and real estate mortgage crisis that resulted in millions of foreclosures and short sales. The jurisdiction of the bureau includes banks, […]
Demand Returns for Huge Luxury Homes
January 30, 2014 by
As the housing market recovers it looks as if the demand for enormous luxury homes is returning. According to the article in the NYTimes.com, the market for these types of homes declined after the recession. Figures from the National Association of Realtors showed that by July 2008 the number of homes selling for between three […]
Fannie Mae Creates Blacklist for ‘Questionable’ Appraisers
January 30, 2014 by
Fannie Mae is at last taking action against appraisers deemed to have ‘questionable practices’, and has apparently created a blacklist of those who mortgage lenders and banks should be wary of doing business with.
How to Take Great Digital Photos of Your Homes
January 30, 2014 by
Digital photography opens up a whole new way to market homes. You can take a series of digital photos, download them to your computer, and e-mail them to a buyer almost as fast as you can say “one-hour photo processing.” But if your digital photos are poor quality, they turn off prospects and make your job harder.
First Time Home Buyers Facing Competition from Cash Buyers
January 29, 2014 by
According to an article in CNBC.com, first-time homebuyers are facing increasing competition from people with full cash offers that are often more than the asking price. This is a particular problem in the more expensive housing markets such as San Francisco. Last December sales for the Bay Area were the weakest for six years, according […]
Choosing a WordPress Theme For Your Real Estate Site
January 29, 2014 by
As we discussed last week, there are few better choices than WordPress for any real estate professional that’s looking to establish their online presence. But while WordPress is easy to use and others numerous advantages over other blogging platforms, choosing from one of the numerous specialized real estate themes can be a headache.
Warehouses Are Red Hot In Commercial Real Estate
January 29, 2014 by
Could warehouses become the next big thing in commercial real estate? It’s too early to say now, but such properties are becoming increasingly sought after, as more retailers eye up the lucrative world of online shopping.
Luxury Homes Are Where It’s At
January 28, 2014 by
Recently there’s been an upsurge in large and expensive homes once again, as more affluent buyers enter the market. Last July saw sales of homes costing above $1 million rise by an astonishing 46.6% from July of the previous year.
