Average Canadian Home Prices 2% More Than a Year Ago

According to figures just released by the Canadian Real Estate Association (CREA), the average selling price of Canadian real estate increased slightly in February compared to a year earlier. The average price of a home sold in Canada last month was $372,763, which is 2% more than February 2011. The number of real estate sales

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How To Create Properties Which Sell Themselves – Almost!

Realtors…you’ve got a problem. You have listings which are quite frankly gathering dust, stirring up little to no interest. Why is that? Depending upon the area of the country you live in, it could be lack of growth, poor job outlook – whatever, but one thing is certain, if you continue doing what you’ve been doing to market your homes you will continue to receive the same results.

Six Real Estate Photography Tips to Enhance your Listings

When it comes to selling homes, one of the biggest allies a realtor can have is high quality images in their listings. Nothing does more to put off prospective buyers than poorly-taken, unprofessional and sometimes even downright ugly photos of a home, and so with that in mind, here follows a few tips to help real estate professionals take better photos of their properties.

Zillow Off To A Flying Start As Value Soars to $1.6 Billion

All concerns about the housing market being in the doldrums were set aside yesterday, as investors scrambled to grab a piece of the hugely successful Zillow real estate website yesterday, as the company’s value skyrocketed to more than $1.6 billion.   Zillow, which has yet to turn over a profit in its seven years of

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Realtors Fail To Keep Online Listings Up To Date

Real estate professionals in the US are complaining of coming across far too many errors with online property listings, and say that agents are not doing enough to make sure that the details on their listings are kept up to date.   Troy Deierling, who works in the Sedona, Arizona, real estate industry, is just

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Trouble Brews for Anglo Irish Bank Over Mark Hotel Deal

The Anglo Irish Bank has pulled out of a loan deal with one of the most exclusive of New York’s hotels, accepting a discount of $100 million on the loan in order to extricate itself from the deal. The $300 million loan deal connected to Manhattan’s luxury Mark Hotel was sold for just $190 to Dune Real Estate Partners investment firm.

Marnie Bennett: Being the Best in the Worst of Times

Keller Williams Realty International announced Marnie Bennett as their number one real estate professional last year. How could they not? In these, some say the worst of economic times, leading by example is all the more important. For the real estate professional who is suffering, take note of the extraordinary success of one woman.

California Home Sales Up in December

California, the state hit hardest with foreclosures, appears to steadily be climbing from the cellar of real estate economies. Buyers there seem to be taking advantage of the market, last month’s increase of almost 6 percent in sales being the prime indicator. Experts think the market actually hit bottom and it now rebounding. C.A.R reports sales up over November, but still beneath 2009’s figures.

Venture West’s $7.8 Million Saves Cali Apartments

Venture West funding helps rescue 4 apartments out of economic hardship. With help from Greystone Servicing Inc., almost $8 million is secured for a private owner who needed emergency finance. The four complexes have almost 100 percent occupancy, and 7 and 10 year financing was needed to save this business.

Jobs Down, Home Inventories Up, What Else Is New?

December’s dismal jobs numbers combined with an overall increase in home inventories paints a pretty grim picture for the start of 2011. Experts expectations have not been met for months, and still media and the industry is all too often overly positive in their forecasting and evaluation of the situation. Without good jobs, jobs that help pay mortgages, no market will be emerging this year or any year from the greatest recession in 80 years.

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