When people think of New York City real estate, they think of prices that start astronomically and head northward indefinitely. However, a new report from Warburg Realty indicates the NYC housing...
Buyers Markets
Buyers Markets
First-Time Homebuyers Make Up Nearly Half Q1 Freddie Mac Financing
According to Freddie Mac’s first-quarter home lending data, nearly half of all borrowers who took out home mortgages during the first three months of this year were first-time homebuyers. Those...
First-Time Homebuyers Rushing into Year-End Market
For the first time since just after the turn of the century, first-time homebuyers are rushing into the housing market in droves. According to Genworth Financial’s “First-Time Homebuyer Market...
The Truth About the 3 Best Cities for Out-of-Town Buyers
U.S. home buyers are on the move, and about one in every five of them are not thinking local when they are looking for new places to live, either. According to a recent Redfin analysis of about 1...
2016 Distressed Sale Share Drops to Nine-Year Low
ATTOM Data Solutions’ Year-End 2016 Home Sales report shows 16.2 percent of single-family home and condo sales in 2016 were distressed sales — bank-owned sales, short sales or foreclosure auctions...
‘Failed Sales’ Double in 2016
We just ended a year with a huge jump in homes that fell out of contract ("failed sales") and went back on the market. It's not clear why this happened but there are several possible reasons,...
10 Spots Where Tear-downs Could Be Profitable
If you’ve ever thought about purchasing a property just so you could tear it down and build something better, then you would feel right at home in a number of America’s hottest housing markets these...
2016 Home Sales Highest in a Decade
The numbers are in. Sales of existing homes in 2016 were the highest in a decade, but inventory levels were the lowest in recorded history! What does this mean for real estate investors? Every month...
A New (Female) Buying Power in Real Estate
Women are, once again, changing the face of the housing market, and they’re not waiting for spouses, partners, or anyone else to do so. The buying force represented by single women in real estate is...
Is Villainous ARM Making a Second Grab?
With mortgage rates rising, more and more homebuyers are considering something that most probably thought out of the question: taking on an adjustable-rate mortgage (ARM) in order to make a home...
