Mar 12
Brokerage Creates ‘Sneak Preview’ App for Listings @properties, a Chicago-based brokerage, has created a mobile app that allows its real estate professionals to market listings to one another before the properties show up in the multiple listing service. “Our 1,100 agents form a powerful ‘market within a market.’ The app makes the market incredibly efficient,” …
Mar 12
Many Americans Face ‘Megacommutes’ About 600,000 Americans travel more than 90 minutes each way—more than 50 miles—to get from home to work each day, according to a new U.S. Census Bureau report. Megacommutes are known for being worst in New York, Los Angeles, San Francisco, Washington, D.C., and New Orleans. Megacommuters tend to be …
Mar 11
Are Foreclosures a Better Buy Than Short Sales? Consumers may find buying a bank-owned home better than buying a short sale. Increasing REO inventory, deeper discounts, and shorter times to close can make foreclosures a more attractive option to home buyers, according to new data from RealtyTrac. The average sales price of a bank-owned …
Mar 11
Best Crime Prevention? Add Housing, Report Says A new study suggests that adding residential neighborhoods can lower crime rates. Changes to zoning in Los Angeles — in areas that also then saw new development — were linked with a reduction in crime in surrounding neighborhoods, according to a new study by RAND Corp. The …
Mar 11
Housing Looking Good Despite Economic Headwinds The number of consumers who believe home prices will increase over the next year rose to record highs, according to Fannie Mae’s February 2013 National Housing Survey, which polled more than 1,000 Americans to assess their attitudes toward housing. Forty-eight percent of consumers surveyed say they believe home …
Mar 06
230 Elm Ave Media, PA 19063 home for sale in Delaware County. 3 bed, 1 bath 1,184 sqft Single-Family Home Home for sale at 230 Elm Ave Media, PA 19063. Excellent opportunity to own this updated 3bdr, 1 bath Twin home within the Rose-Tree Media School District! Interior features include: refinished hardwood floors and updated …
Mar 06
2224 Rhonda Rd Broomall, PA 19008 home for sale in Delaware County. 4 bed, 3 bath 2,431 sqft Single-Family Home Single Family/Detached, Colonial home for sale at 2224 Rhonda Rd Broomall, PA 19008 Home for sale at 2224 Rhonda Rd Broomall, PA 19008. Fabulous Stone-front Broomall split level home brimming with enhancements and upgrades. …
Mar 05
115 Ferguson Ave Broomall, PA 19008 home for sale in Delaware County. 3 bed, 3 bath 2,196 sqft Single-Family Home Detached,Split/MultiLevel, Colonial,Traditional home for sale at 115 Ferguson Ave Broomall, PA 19008 Home for sale at 115 Ferguson Ave Broomall, PA 19008 Great Location! Very well maintained Split Level home with lots of updates, including; …
Mar 05
409 Warren Blvd Broomall, PA 19008 home for sale in Delaware County. 3 bed, 2 bath 1,520 sqft Single-Family Home Single Family/Detached, Colonial home for sale at 409 Warren Blvd Broomall, PA 19008 Home for sale at 409 Warren Blvd Broomall, PA 19008. Wonderfully updated Split Level with new granite Kitchen, marble floors, and …
Mar 04
Jumbo Mortgage Comeback Helps Lift Luxury Sales. The revival in the luxury real estate market is being fueled by growth in jumbo mortgages, Reuters reports. Jumbo loans typically are more than $417,000. “Jumbo loans are returning to the mortgage market after almost disappearing entirely in the wake of the credit crisis of 2008 and the …
Mar 04
Economist Makes Bold Statement on Home Prices. Home values could surge 35 percent without stretching housing affordability, Raj Dosaj, vice president of the home price index at LPS Applied Analytics, said during a recent webinar hosted by HousingWire. Dosaj says that the increase in home prices could be less than that if mortgage rates rise, …
Mar 01
January Pending Home Sales Up in All Regions. Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in all regions but the West, which, despite being constrained by limited inventory, still improved slightly. The …
