Blog Archives

NAR: Home Prices Zoom to New High

DAILY REAL ESTATE NEWS | WEDNESDAY, JUNE 21, 2017

Housing shortages propelled the median sales price to a new high in May, the National Association of REALTORS® reported Wednesday. But that did not appear to spook home buyers as demand remained high. The median days on the market dropped to a record low in May as homes sold faster,

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1031 Exchanges Under Threat?

DAILY REAL ESTATE NEWS | THURSDAY, JUNE 15, 2017

A major tax advantage for the commercial real estate industry may be one of the casualties in a sweeping federal tax reform expected this year, The Wall Street Journal reports.

 

Some lawmakers are eyeing the 1031 exchange provision to get the tax-rate cut they seek.

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Fed Votes to Raise Key Interest Rate Again

DAILY REAL ESTATE NEWS | THURSDAY, JUNE 15, 2017

On Wednesday, the Federal Reserve took a largely expected move to raise its key interest rate one-quarter percentage point. This marks the second of three hikes that is expected to occur this year.

“The stance of monetary policy remains accommodative,

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The 10 Safest Places in the U.S.

DAILY REAL ESTATE NEWS | THURSDAY, JUNE 08, 2017

For the second consecutive year, Vermont was ranked as the safest state in the nation, according to a new report released by WalletHub. The Northeast dominated the list of safest places in the country, with six states in the region nabbing spots in the top 10.

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4 Issues to Watch for Property Managers

MAY 2017 | BY GRAHAM WOOD

Laws concerning service animals, rent control, marijuana, and criminal background checks are constantly evolving. Here’s what you need to know right now.

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Housing’s Hottest Markets: May 2017

DAILY REAL ESTATE NEWS | THURSDAY, JUNE 01, 2017

Amid scarce supplies and high buyer demand, homes are selling fast across the country. Home prices are rising as well: The nationwide median home list price rose above $250,000 for the first time, realtor.com® reports. The median list price is 10 percent higher than a year ago.

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Fed: More Regular Rate Hikes Coming

DAILY REAL ESTATE NEWS | WEDNESDAY, MAY 31, 2017

The Federal Reserve says that an increase in interest rates is coming soon, and quarterly hikes are likely in the future—a fundamental shift of its policy over the last few years, The New York Timesreports.

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Rise in Home Prices in 20 U.S. Cities Reflects Lean Inventory

Rise in Home Prices in 20 U.S. Cities Reflects Lean Inventory

Twenty-city property values index rose 5.9% from March 2016 (forecast 5.7%), matching February as biggest since July 2014.

Bloomberg | May 30, 2017

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The Fastest-Growing Cities Not on Your Radar

DAILY REAL ESTATE NEWS | FRIDAY, MAY 26, 2017

Not everyone is heading to a major metropolis. You may not have even heard of many of the metros topping the Census Bureau’s latest list of fastest-growing cities—but that may change as their populations surge.

The nation’s fastest-growing city this year is Conroe,

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Why Housing Is on Track for a Good Year

Low mortgage rates and strong job growth are giving the housing market one of its best years in decades—even as overall economic growth has weakened—according to Freddie Mac’s monthly Outlook report for May. The report’s optimism is a change from the mortgage giant’s previous predictions,

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