US Real Estate

Why Real Estate Market Conditions Matter

When deciding for the appropriate listing price for your house, a Comparable Market Analysis (CMA) is a helpful tool in giving you an idea of how much buyers paid for a property similar to yours. But that's not the only thing that you need to know. Apart from CMA, it is also vital to know where your home stands in the market or its attractiveness, and you can find that out by getting an overview of the neighborhood's current market conditions.

Existing-Home Sales Drop in October But Still at a Healthy Pace, According to NAR

The total existing-home sales dropped 3.4 percent to its annual rate of 5.36 million in October from 5.55 million in September.

Beware Of These 5 Real Estate Code Words

If you are new in the real estate world, then you would probably find it challenging to pick up on property description clues that could significantly affect your home buying experience.

Ellington Financial LLC is Set to Release its Financial Report for Third Quarter of 2015

Ellington Financial LLC will release its financial results for the quarter that ended in September 30, 2015.

Blackstone Real Estate Group Set to Acquire Manhattan's Biggest Apartment Complex

The Blackstone Group has signed a contract to purchase Manhattan's largest apartment complex, the Stuyvesant Town-Peter Cooper Village, for $5.3 billion.

'Darden' Board Approves the Company's Real Estate Spin- Off

The board of Darden Restaurants Inc. has approved the upcoming real estate spin off in some of its properties that will let the company's new shares to be distributed in November 9.

San Francisco Mayor Develops New Affordable Housing Plan for 500 Educators

San Francisco Mayor Ed Lee pushes a new affordable housing program to provide housing units for 500 educators by the year 2020.

'Altisource' Set to Acquire Two New Real Estate Services Software

Altisource Portfolio Solutions or Altisource is set to acquire RentRange and Investability, adding a massive network for the company's data capabilities and offerings in the real estate services market.

Implementation of New TRID Caused Mortgage Applications to Plummet with 28%

Mortgage application market has experienced a surge before a new TRID take into effect which made the applications jumped with 25 percent. However, mortgage applications dove down with 28 percent last week after the new TRID has taken effect.

U.S. Secondary and Tertiary Cities Are Now the Hot Spot for Real Estate Investment

More and more real estate investors are starting to turn away from "Gateway" cities such as New York, Washington, D.C. and Chicago. They are now picking up interest in secondary and tertiary cities like Austin, Charlotte and Nashville.

Analysts Say 'Don't Trust the Housing Market Recovery'

The U.S. housing market has been experiencing great business for the past few months as the country is being able to recover during the post- financial- crisis- era. However, analysts say that people should never put their full trust on the on- going recovery.

New Mortgage Policies Caused Uncertainty in Mortgage Industry's Future

Mortgage Bankers Association is set to hold their annual convention for this year and many topics are in line to be discussed. As the new mortgage policy has already taken into effect, what will be the significant changes in the mortgage industry the policies will bring?

Will Real Estate Agents Be Gone in the Future?

Some real estate agents are worried that they will soon be obsolete. There has been a growing concern if in the future real estate agents will become a thing of the past.

Mortgage Rate Hits Lowest Record in Six Months with Less Than 4%

Strong U.S. dollar and robust employment has once again made the mortgage rates hikes to be postponed which makes an average 30- year mortgage rate to reach lower than 4 percent.

Top Real Estate Trends to Watch Out For in 2016

A report about the real estate trends for 2016 has been released by Pricewaterhouse Coopers and the Urban Land Institute on Wednesday.

Northstar Commercial and Alto Real Estate Purchased a Massive $224 Million Real Estate Portfolio

Denver-based Northstar Commercial Partners and New York-based Alto Real Estate Funds have together purchased a $224 million worth of real estate property spanning across 12 states with 24 properties.

Canada's Home Construction Start has Reached its Fastest Pace in September

Condominium constructions in Canada has pushed the market to run its fastest pace since 2012 in September.

Real Estate Crime Group Nabbed Over Fraud Investments Worth $400,000

A real estate crime group has been finally nabbed after months of terrorizing potential property buyers. The group was able to defraud victims with more than $400,000.

New Mortgage Rules Made Applications Easier for Lenders and Home Buyers

New mortgage rules has taken effect starting this month providing home buyers two new forms from their lenders detailing their loan terms.

South Sound Real Estate Group Recovers from Housing Market Slowdown

Northwest Multiple Listing Service data released a report showing that South Sound real estate group has been recovering from August's cool down in the housing market.

'Blackstone Real Estate Group' Takes the Title for 'World's Largest Private Real Estate Fund'

The Blackstone Group has set a new record after raking in the title of world's largest-ever private real estate fund with their $15.8 billion raised fund.