The Salary You Need to Buy a Home Across America
The Salary You Need to Buy a Home Across America The Visual Capitalist says depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic. In their graphic today, they illustrate the annual salary needed for home ownership in 50 different U.S. cities. Stay safe […]
Here on Billionaires’ Isle: Nantucket is attracting the uber-wealthy
Here on Billionaires’ Isle: Nantucket is attracting the uber-wealthy A string of recent home sales and listings is throttling this island’s wealth connotation to new heights. Continue reading on realestate.boston.com. The post Here on Billionaires’ Isle: Nantucket is attracting the uber-wealthy appeared first on Boston.com Real Estate.
July with Propy
July with Propy July was another busy month here at Propy. We finalized and announced the details of our Elite Pro and Pro Agents Program, announced plans for the Web3 and Real Estate Summit we are hosting in Miami in October, and Propy Title team has completed the traditional sale of the Orlando townhouse that […]
Long-term mortgage rates under 5% for 1st time in 4 months
Long-term mortgage rates under 5% for 1st time in 4 months WASHINGTON (AP) — The average long-term U.S. mortgage rate fell below 5% for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control. The 30-year rate tumbled to […]
U.S. Construction Spending Up 1.1% in June
U.S. Construction Spending Up 1.1% in June The U.S. government is reporting that total construction spending in June, 2022 was at a seasonally adjusted annual rate of $ 1,762.3 billion, which is 1.1% higher than May’s revised estimate and 8.3% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate […]
Here is an Ounce of Prevention
Here is an Ounce of Prevention Here Is an Ounce of Prevention By Jeffrey S. Watson The second half of 2021 real estate taxes will be due and owing either this week or the next for many of you. I want to share something I have noticed recently. I have had three similar cases come across my […]
Luxury Home of the Week: For $9.75 million, a waterfront Cape Cod estate with a tennis court
Luxury Home of the Week: For .75 million, a waterfront Cape Cod estate with a tennis court With an in-ground pool, private dock, and abundant views of Popponesset Bay, this home has all the makings of a New England summer getaway. 160 Peppercorn Lane in Cotuit is listed for $ 9,750,000. The 7,504-square-foot home on […]
S&P CoreLogic Case-Shiller Index Shows 19.7% Annual Home Price Gain
S&P CoreLogic Case-Shiller Index Shows 19.7% Annual Home Price Gain The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.7% annual gain for May, 2022. Their 10-City Composite annual increase came in at 19% and their 20-City Composite posted a 20.5% year-over-year gain. ““The market’s strength continues to be broadly based, as […]
For $10m, a Berkshires retreat with a mid-century modern home, a bunkhouse, and an Airstream
For m, a Berkshires retreat with a mid-century modern home, a bunkhouse, and an Airstream President Grover Cleveland caught a 5-pound trout while visiting the Sandisfield property. See inside at realestate.boston.com. The post For $ 10m, a Berkshires retreat with a mid-century modern home, a bunkhouse, and an Airstream appeared first on Boston.com Real Estate.
Pending Home Sales Drop 8.6% in June
Pending Home Sales Drop 8.6% in June The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1. The NAR predicts home sales should start to rebound by early 2023. Indeed… “Home sales […]