Real Estate News

Jan. 18, 2017

Where land surpasses property values

In some markets, the land is more valuable than the home that stands on it.

Case in point, in San Francisco's Sunset District, a fire destroyed a home for sale leaving it inhabitable. Despite that, last February, the home sold quickly for just under $1 million. Seven months later, …

View More
Posted in Real Estate News
Jan. 17, 2017

4 reasons luxury real estate will flourish in 2017

Luxury real estate agents should start 2017 with enthusiasm they have reason to be optimistic about their sector.

This year will bring its share of exciting developments, innovative design, progressive trends and brand new technology to the high-end real estate market.

There is never a standstill in this …

View More
Posted in Real Estate News
Jan. 17, 2017

Builders return to once-abandoned projects

The supply of buildable lots is shrinking. That has prompted home builders to return to the abandoned lots left behind during the housing crisis in efforts to revive dwindling inventories of homes for-sale, The Wall Street Journal reports. A surplus of vacant lots and half-built subdivisions still remains across the …
View More
Posted in Real Estate News
Jan. 13, 2017

Homebuyer challenges: Mortgage rates and prices grow along with competition

Nate Lowenstein has been shopping for a home in Los Angeles, on and off, for more than a year.

His search has been stymied by a stubbornly low roster of homes on the market and the hurdles that come with it: multiple competing bids and higher prices.

"It's …

View More
Posted in Real Estate News
Jan. 13, 2017

Builders to press entry-level market in 2017

The call for a greater number of entry-level homes may finally get answered in 2017. Inventories for entry-level homes has remained stubbornly low, greatly limiting the number of affordable homes to first-time home buyers.

The number of available homes with less than 1,800 square feet has continued to decrease, …

View More
Posted in Real Estate News
Jan. 13, 2017

Insurance blind spots: 5 coverage gaps that could cost you

You might think you have airtight insurance protection against storms, car accidents and other mishaps. But you'd hate to discover hidden cracks in your coverage once it's too late.

Here are five insurance problems you might not be as prepared for as you think – and how to plug …

View More
Posted in Real Estate News
Jan. 11, 2017

Economists: We need more condos

The demand for rental apartments remains high because few renters seem tempted to leave apartments and take on homeownership. But industry insiders expect that to change soon, and they believe entry-level condos will be the key to pressing more renters to make the leap.

"We expect homeownership to return …

View More
Posted in Real Estate News
Jan. 11, 2017

New-home forecast: A climb to higher ground in 2017

Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production will continue a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders' Show in Orlando, Fla.

"While positive developments on the demand side will …

View More
Jan. 11, 2017

Buyers new to HOAs need to understand the covenants

Buyers considering a home in a community with a homeowners association (HOA) should research an important set of rules known as restrictive covenants or CC&Rs. These are the rules established by the subdivision that they must follow in order to live there. The rules tend to be geared towards maintaining …
View More
Posted in Real Estate News
Jan. 10, 2017

Fla. has 4 of top 5 "hottest" single-family markets

Among the 50 largest U.S. markets, the top five (in order) were Orlando, Palm Beach County, Fort Lauderdale, Tampa and Dallas, according to Ten-X, an online marketplace. Each metro area had "a vigorous combination of consistently strong demand, home price appreciation, and economic and demographic growth."

While Florida metros …

View More