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The results of a recent survey of 2,430 real estate professionals on ActiveRain
, a real estate social network, found overwhelming optimism that the U.S. housing market will improve
in 2013. Survey respondents expressed confidence that every aspect of the U.S. real estate market - from home prices to new construction starts - will increase in the upcoming year
. Real estate agents across most of the country believe their local markets will see improvements, even in states still plagued by foreclosures.
The RealEstate.com team created the following infographic based on the results of the ActiveRain survey. A breakdown of the infographic data can be found below.
It’s a big question in real estate: Are we in the midst of a healthy recovery? Or on the verge of another devastating housing bubble?
Analysts disagree, but it’s tough to ignore the eerily familiar signs:
But before you hop on the bubble train, consider this: Prices are still down 28.4 percent from the 2006 peak, according to the Case-Shiller index.
Baffled? Let’s get a handle on the data and see how other analysts are reading the market. Is another housing bubble imminent?
It was good while it lasted, suburbia.
After a 91-year rule, suburban life has been pushed off its throne by a preference for city living. For the first time since 1920, most large American city centers are growing faster than their suburban counterparts.
U.S. census data
shows in 33 of the nation’s 51 largest cities, city centers grew faster than suburbs in 2011. Overall, the population of city centers (in U.S. cities of over 1 million) grew by 1.1 percent in 2011, while the surrounding suburbs grew by only 0.9 percent.
So why has a 91-year trend suddenly reversed course?
Every employee should love their industry as much as the average real estate agent.
Real estate is the best industry to work within, according to the 2013 Top National Workplaces survey
by WorkplaceDynamics. The survey polled 1 million employees to generate rankings of the best workplaces and industries for employment.
At the Veterans United Realty blog
, we couldn’t agree more! Here’s a look at our four favorite reasons to celebrate a career in real estate.
Spurred by the recent mortgage crisis, the Consumer Financial Protection Bureau (CFPB) recently announced new mortgage rules. The regulations define “qualified mortgages” for lenders and provide legal safe harbor for lenders who make those loans.
Most analysts agree that the changes are moderate and will serve the mortgage industry well. Taking full effect on Jan. 10, 2014, the new mortgage rules offer clear guidelines for lenders and better protection for borrowers.
A new year brings about new hope, new goals, and (most importantly) new housing market predictions. Wondering what’s ahead for the real estate industry? Real estate analysts have been hard at work, and recently announced a flurry of 2013 housing market predictions.
Real estate: it's a topsy-turvy industry. As markets shift and patterns reverse, it's tough to keep track of last month's trends, let alone an entire year's worth.
Relax. We're breaking it down for you, with a list of 2012’s “Winners and Losers” from the real estate industry.
Please bring Shaker-style cabinets, quartz countertops, and an outdoor kitchen. I’ll promise to be nice all year if you’ll add a soaking tub and a low-interest mortgage.
Love, 2013 Home Buyer”
Wondering what's on the wish list of the average 2013 home buyer? Santa reports several common themes: Quartz countertops, modern cabinetry, and Japanese-style soaking tubs.
Conventional financing restrictions and a sluggish economy continue to deter many potential home buyers. But as inventory shrinks and prices tick upward, more and more experts agree: the tide seems to be turning.
Recent data from the housing market adds to evidence that the real estate recovery is underway. Existing home sales and prices are rising, and new home sales are up, according to recent reports from the National Association of Realtors
(NAR) and the Department of Commerce
. See More