Help the people hurt by Hurricane Sandy. The Realtors® Relief Foundation provides housing-related assistance to families in need, and you can bet that’s the case right now. Millions are without power or water, thousands have had to leave … [Read more...]
Warren Buffet Bets Big on Real Estate
As reported on Bloomberg: “Warren Buffett’s Berkshire Hathaway Inc. is extending its bet on the U.S. housing market by forming a venture with Brookfield Asset Management Inc. as low interest rates, inventory and prices spur a real-estate rebound. … [Read more...]
First Time Buyers: 32 Percent of Residential Buyers in September
Based on information from the REALTORS® Confidence Index survey, approximately 32 percent of responding REALTORS® reported making a sale to first-time homebuyers in September (31 percent in August). Normally first-time buyers are in the … [Read more...]
Election Day reminder
In case you weren’t aware, Election Day is coming up in less than a week. Besides the presidential contest, we’re choosing a U.S. senator, congressmen and -women, and a host of local officials. There are (or should be) lots of issues to … [Read more...]
Case-Shiller Price Upturn
Home prices are rising by every measure, including in the latest data from Case-Shiller measuring price trends in 20 major metro markets. The price index accelerated to two percent appreciation from one year ago as of August. The gain had been 0.6 … [Read more...]
America’s Resiliency after Natural Disasters
After Superstorm Sandy, one thing is assured: the impacted regions will rebuild, create jobs, and become stronger. That has always been the American way. The U.S. housing market peaked in 2005 and then started to fall steeply. However, New Orleans … [Read more...]
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