As the temperature rises, buyers are coming out ready to purchase their dream homes. The summer is a great time to list your home for sale. Here are five reasons why: 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demandremains very strong throughout th ...Read more
Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand. DEMAND Demand for single-family housing has continued ...Read more
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS) at Harvard University. He authored a pap ...Read more
Some Highlights: Across the country, home prices are up by 5.67%. Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating to a different state. Regionally, prices have appreciated year-over-year by as high as 8.15%. ...Read more
In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: “In your opinion, what is the primary driver of recent home value growth in the U.S.?” Here are the top ...Read more
Real Estate News
'Zombie banks' give Ukraine nightmares 11 Dec 2016 00:04:37 -0500
Ukraine's central bank keeps trying to shut them down but they keep surviving: 'zombie banks' are roiling the impoverished country's financial system through the help of allegedly crooked courts. The former Soviet republic -- labelled the continent's most corrupt state by the European Court of Auditors on Wednesday -- needs financial aid from the International Monetary Fund to help stabilise its path out of a dire two-year recession.
Republican wins Senate runoff in Louisiana, giving party 52 seats 10 Dec 2016 23:52:56 -0500
By Bryn Stole BATON ROUGE, La. (Reuters) - Republican John Neely Kennedy, a candidate for the U.S. Senate, won a runoff election in Louisiana on Saturday against Democrat Foster Campbell in a race that gives the Republicans a 52-seat majority in the chamber. Campbell told his supporters in the state capital of Baton Rouge that he had called Kennedy to congratulate him on his victory. Kennedy, the state treasurer and the favorite going into the runoff, had more than 63 percent of the vote with 3,391 of 3,904 precincts reporting, in results posted on the website of the state Secretary of State's Office.
North Korea's Kim guides special operations drill targeting South 10 Dec 2016 23:49:52 -0500
North Korean leader Kim Jong Un guided a special operations drill targeting the South, the North's media reported on Sunday, as rival South Korea remained on alert for any attempt by the North to take advantage of political turmoil in the South. The North's KCNA state news agency report did not say when North Korean forces conducted the combat exercise, nor did it mention the South Korean parliament's vote on Friday to impeach its president, Park Geun-hye. Pictures in a Sunday report on the exercise in the North's Rodong Sinmun newspaper showed what appeared to be a mockup of South Korea's presidential Blue House as a target.