Top 10 Cities for the Perfect Pub-Crawl Here’s a list you’ll want to see; National real estate brokerage RedFin set out to discover America’s best cities that were built for the perfect pub crawl. Using walking score data and locating a lot of bars/pubs, they determined the best route for hitting the most bars in […]
Old Millennials Are Diving Into Homeownership Last month we learned about the 10 hottest markets for millennials. Combine that with the NAR’s latest Profile of Home Buyers & Sellers, where the median age of all first-time home buyers is 31 years old and you’ll see that “older” millennials (25-36 years old) are diving head-first into
Is Winter the Best Time to Buy SFR’s? Is winter the best time to buy single-families? According to a new report from HomeUnion, the winter “off-peak” season is the best time of the year to acquire single-family rentals (SFR’s). In fact, they found that investors pay 7.2% less per sq. ft. during the winter versus
America’s Most Flipworthy Hotspots Realtor.com says that flipping is back and it’s better than ever! In fact they report (like many others) that the number of flipped properties is reaching levels not seen in a nearly decade. So, Realtor.com’s number-crunchers put their pencils to paper and identified the largest 100 markets by ratio of flips
Housing Starts Hit 9-Year High – Jump 25%! The Commerce Department reported that privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,229,000. This is 0.3% above September’s rate of 1,225,000 and is 4.6% above October 2015. Single-family authorizations in October were at a rate of 762k;
The Foreclosure Gender Gap Data powerhouse RealtyTrac recently released an analysis showing that men, on average, had a higher rate of foreclosure than women. Interestingly they discovered that 73 out of every 10k homes with individual male homeowners were in foreclosure as of the end of Q3 2016 while only 72 out of every 10k
Celebrating Veterans Today is Veterans Day…November 11th. Here’s a little history about this important day; In 1918, the armistice of the First World War officially took effect on the 11th day, of the 11th month, at the 11th hour. The following year President Woodrow Wilson declared November 11th as Armistice Day. It would later become
Zillow Forecasts Rising Rent in Most Large U.S. Metros According to to the latest Zillow Rent Forecast (covering August 2016 through Aug 2017) rents will rise in 34 of the 35 largest U.S. metros. Overall, rents are forecasted to rise 1.7% over the next year, the same rate of increase as the past 12 months.
Zillow Forecasts Rising Rent in Most Large U.S. Metros Read More »
Report Says Home Prices Will Outpace Inflation Mortgage insurance leader Arch MI recently released their Fall 2016 Housing and Mortgage Market Review that says the likelihood of U.S. home price declines over the next two years remains low. The report, which analyzes key economic data, provides housing sector forecasts and information on long-term trends, pegs the chance
Home Prices Continue to Climb The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index says that for August, 2016 home prices continued to rise across the country. The report showed a 5.3% annual gain in August, up from 5.0% last month. In addition, their 10-City Composite posted a 4.3% annual increase, up from