Real Estate News

Record-setting low for distressed home sales

Published: 01 Feb 2017

For the average property buyer, distressed property sales may represent a shrinking market, according to new data. CoreLogic recently reported on the state of distressed and cash sales as of October 2016. According to this source, the two sectors paralleled each other, since both distressed and cash sales shares were lower at that month than they had been exactly a year before.


Home hunting and virtual reality: An incoming match

Published: 31 Jan 2017

A surprising match of industries could be on the horizon: real estate and virtual reality. The potential of this technology could give homebuyers a new way to assess properties before purchase and add to their experience. These new additions could also improve the way realtors offer homes, changing the timeframe for an average sale and possibly increasing consumer confidence.


What the new Dow figures could mean for mortgages

Published: 31 Jan 2017

The Dow Jones Industrial Average recently surprised many by reaching a record high of 20,000 points. According to The Wall Street Journal, this latest accomplishment is part of a series of sporadic benchmarks seen over the years. The Dow first closed over 1,000 in 1972, and it's been nearly 18 years since it exceeded the 10,000 mark in 1999.


Using title insurance to contest easements

Published: 30 Jan 2017

As a property owner you will have to prepare for infringements on their claims from all sides. Just as a rogue claimant might appear to argue that your ownership is illegitimate, a major company might also challenge your stated boundaries. This is yet another reason to purchase the extra owner's insurance to cover possible expenses from a major encroachment of space.


Will technology change mortgages in 2017?

Published: 28 Jan 2017

The idea of "machine learning," that is, computers recognizing patterns and acting on their own, is obviously a game changer for technology. According to Mortgage Professional America, AI could also play a role in overseeing mortgages.


Changes could affect New York real estate

Published: 26 Jan 2017

The state of both commercial and residential real estate ion New York could change soon, according to multiple sources. Luxury buyers in particular will have much to consider as they evaluate properties in the Empire State. Several factors show the differences in local buying conditions and what the impact of the recent development has been.


New home buyers shouldn't neglect the suburbs

Published: 26 Jan 2017

There are clear barriers to purchasing a home in the suburbs, but that doesn't mean there can't also be some good reasons to invest in property here. Given the changes in possible homeowner age, the suburbs could become appealing again as a new generation looks for an alternative to crowded, overpriced cities.


4 factors which may impact future housing sales to seniors

Published: 26 Jan 2017

Looking forward in the housing sector requires thinking about what the new buyers will look for in their next homes. It also means thinking about the possible changes coming to the market, from both business conditions and the new government administration.


Buying a home in January: Not as strange as you might think

Published: 25 Jan 2017

To most people, the early months of the year might seem like a slow time. It could certainly appear as an odd period to buy a home in, given the weather and possible sluggishness that comes with it. However, January might be the ideal month for the new buyer, and not just because it gives them time to parse out the effects of the purchase throughout the rest of the year.


Personal goals and timing make home financing easier

Published: 24 Jan 2017

The process of preparing to buy a home may be a little different for every person. It's important to understand what costs are necessary and how to arrange it in the proper amount of time. And this can have a significant effect, given the different ways markets fluctuate throughout the year.


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