RealtyBizNews: Real Estate News & More
With the latest on mortgages, refinancing, real estate & home tips
The government is investigating new plans to try and limit the number of foreclosures going onto the market in an effort to prevent unsold foreclosed homes damaging values even more – by simply renting them all out instead. The Wall Street Journal reported that the Obama administration is currently examining the viability of pulling foreclosed [...]
While real estate markets in big business states like California and Arizona continue to crash and burn, it seems a few smaller states might just be leading the way in a recovery, say economists. Rural states including North Dakota, as well as its near neighbor South Dakota and others have seen some of the strongest [...]
The number of new homes going up saw a significant increase over the last month, but taking that as a sign that the real estate industry is moving into recovery is probably still jumping the gun just a little, say experts. The fact is, new home construction remains at its lowest level in years, [...]
A new report from RealtyTrac suggests that around one million foreclosure notices expected to be filed by mortgage lenders in 2011 will be delayed until the following year – a boon for homeowners who will gain extra time to catch up with their mortgage repayments and avoid losing their homes. However, it might not [...]
What with the way things are in the housing market today, you’d be forgiven for thinking that you have all the time in the world to decide which property to buy. But you would be wrong. It seems that the best homes in the most desirable areas are being snapped up all too quickly, and [...]
Single family property prices in the US have dropped into what’s known as ‘double-dip’ territory according to the latest figures available for March, as weak demand and a large inventory continue to bog down the markets, a new survey has shown. The S&P/Case Shiller index, which lists property sales in the 20 biggest metropolitan [...]
Back in April this year, Charles Richardson was named Coldwell Banker Residential Real Estate’s regional senior vice president at their Tampa Bay division, and since then he has been wasting no time at all in implementing his own ideas into a sales associate’s training system, showing them how the residential real estate marketplace is affected [...]
While real estate markets are rebounding, the uncertainty surrounding it certainly hasn’t, at least not in the minds of most potential buyers.
Washington D.C. remained the leader among major U.S. markets in commercial real estate pricing recovery in 2010. The region posted a 5 percent increase in the fourth quarter last year. More specifically, commercial property pricing in that area gained 15 percent for the year and 19 percent since its market low.
Pittsburgh is one of the few cities where home prices are not just increasing on a yearly basis, but on a quarterly basis too. Showcased in a ABC News video Zillow reported that half of the homes in Pittsburgh are increasing in value. With the median home price of $110,300, a strong working economy, and home values that continue to tick upward ahead of the national average — Pittsburgh is a tremendous place to consider moving!
