Residential Real Estate
Fed’s Evans says he doesn’t fear 2.5% inflation, or even above
(Reuters) – The Federal Reserve will keep interest rates at zero until the economy reaches full employment, inflation is “sustainably” at 2% and the Fed is confident it will overshoot that goal, Chicago Federal Reserve President Charles Evans said Wednesday….(read more) Forward this article via email: Send a copy of this story to someone you know […]
Realtors® Weigh in on Booming Markets, Generational Trends
Realtors® gathered at the 2018 REALTORS® Conference & Expo in Boston to discuss booming markets across the country for business, investment, millennial and retirement buyers. www.nar.realtor – Vacation, Resort, and Second Homes
Window to the Law: How to Handle Multiple Offers
Multiple offer scenarios can be stressful for sellers, buyers and their brokers. By following a few fundamental principles, real estate professionals can help their clients navigate multiple offers, alleviate misunderstandings and reduce the risk of discrimination. www.nar.realtor – Fair Housing
Fewer Homes Being Flipped, But Profits Are Up
One out of every 15 home sales in the second quarter of the year were defined as “flips” by ATTOM Data Solutions. A flip is any arms-length transaction that occurred in the quarter where a previous arms-length transaction on the same property had occurred within the last 12 months. ATTOM’s second quarter report on flipping […]
Construction Slows after Three Busy Months; Rates Vary Widely–Nothing To Do With Fed
Residential construction activity took a breather in August. The U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that all three measures, housing permits, starts, and completions, were lower than their unexpectedly high July rates. Permits for residential construction were issued during the month at a seasonally adjusted annual rate […]
Landlord Statistics from the 2018 Rental Housing Finance Survey
Understanding the profile of landlords is important because any policy pertaining to renters also impacts landlords and their ability to provide rental housing supply. www.nar.realtor – Research
Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High
At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June. www.nar.realtor – Research
New Claims for State Unemployment Benefits Increased Last Week
Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week. www.nar.realtor – Research
Consumers Care About the Environment
American property owners and communities are more concerned about the environment than ever before, and consumer inclinations for walkable communities and energy-efficient homes are on the rise. www.nar.realtor – Real Estate Story Ideas
Manhattan rental market plunges, leaving 15,000 empty apartments in August
Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to […]