Real Estate News

Nov. 25, 2016

Oct. home-start surge largest amount in 34 years

Builders broke ground on the most new homes in nine years last month, a response to strong demand that should lift the economy.

Home construction soared 25.5 percent to a seasonally adjusted 1.3 million in October, the Commerce Department said Thursday. That is the biggest gain since July 1982. …

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Posted in Real Estate News
Nov. 25, 2016

1 in 4 Fla. owners with mortgage is "equity rich"

ATTOM Data Solutions' Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4 percent of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50 percent or lower. It's a year-to-year increase of more than 2.6 million owners.

In Florida, the ratio is …

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Posted in Real Estate News
Nov. 25, 2016

Buyers: Does the marble test really work?

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A recent viral video shows a marble rolling across an uneven floor inside the Millennial Tower, a luxury apartment building in San Francisco after residents learned that the structure, which had been constructed on bay mud, sunk 16 inches and leans at least 2 inches.

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Posted in Real Estate News
Nov. 25, 2016

Don't believe myths about reverse mortgages

Let’s dispel some myths about reverse mortgages:

Myth no. 1: The lender owns the home
You will retain the title and ownership during the life of the loan, and you can sell your home at any time. The loan will not become due as long as you continue …

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Posted in Real Estate News
Nov. 24, 2016

Keeping up with tech: 3 online trends in 2017

From augmented reality to live video streaming, real estate agents will find fresh ways to reach customers with new high-tech marketing tools.

Forbes.com recently featured several online marketing trends expected to dominate in 2017, and three could have a direct impact on real estate sales:

  • Live …
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Posted in Real Estate News