Finance & Mortgage

New Tiny Apartment Project In NYC Gets Overwhelming Attention

It is getting the attention that every listing agent dreams of, and we are not even talking about a lush luxury or celebrity estate, but a 265 to 360 square feet unit, New York Post reports.

Mortgage Trends Update, News, Reports: Previously Owned Homes Sales Dropped, New Homes Sales Rose

As per the National Association of Realtors, previously owned homes sales dropped to 4.76 million from October's seasonally adjusted rate of 5.32 million. The expected sales figure is 5.30 million, which makes the end result considerably low. Possible factors that led to this low results include pent up demand that are due to low inventories of for sale homes, alongside the issues regarding their affordability.

2016 Housing Market Predicted

There is no way to exactly predict how the real estate market will shape up for 2016, but looking at enough data could make for almost accurate predictions, just like what Svenja Gudell, new appointed chief economist of Zillow.com does, Reuters reports.
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