Property Valuation: Current Home Prices the Most Stable During the Last 40 Years
Real Estate Prices Have Been an Oasis of Stability Volatility has roiled the U.S. and global financial markets for some time. June’s Brexit vote, for example, was the most volatile day in the history of foreign exchange markets. Likewise, the huge influx of foreign capital drove longer-dated Treasury maturities to record lows. But one market […]
Property Valuation: Health of the Housing Market in the Top 100 Cities Part I
21 Markets Overvalued Based on Fundamental Factors of Price-to-Income and Price-to-Rent Talking about housing bubbles usually raises questions, concerns and eyebrows. However, for the past several years, home prices have continued to rise throughout the country, with many markets close to or above previous peak levels observed in the 2005-2006 bubble years. At the national […]
Housing Trends: Distressed Sales Update May 2016
Distressed Sales Accounted for 8 Percent of Homes Sold Nationally in May 2016 Of total sales in May 2016, distressed sales accounted for 8.4 percent and real estate-owned (REO) sales accounted for 5.4 percent The REO sales share was 22.5 percentage points below its peak of 27.9 percent in January 2009 Distressed sales shares fell […]
Property Valuation: How Big is My House
Let’s ask a professional… Many aspects of building appraisal or valuation require personal judgment, but one aspect that should not be in this category is the measurements of a house. The actual size of a building is either determined from accurate building plans or by the actual measurement of the structure. An appraiser, assessor, realtor, […]
Cash Sales Update May 2016
Cash Sales Accounted for 30 Percent of All Home Sales in May Cash sales accounted for 30 percent of total home sales in May 2016, down 2.5 percentage points year over year from May 2015. On a month-over-month basis, the cash sales share fell by 1.7 percentage points in May 2016 compared with April 2016. […]
Housing Trends: Increasing Student Loan Debt Affecting Millennial Renters
A Closer Look from Rental Property Solution Data 60 percent of rental housing applicants from 2011 to 2015 were millennials 48 percent of millennial rental applicants had student loan debts in 2015 Average student loan balance of millennial rental applicants reached $31,900 in 2015 Homeownership is on the decline1, especially among the younger age group, […]
International: Investor lending picks-up in June
The Australian Bureau of Statistics released housing finance data for June 2016 earlier this week. The data showed that the value of housing finance commitments was recorded at $32.6 billion which was the highest value since August 2015 but still -2.1% lower than its record high of $33.3 billion in April 2015. Looking at the […]
Property Valuation: Good Words Dont Cost Much, But Can Accomplish A Lot When Selling a Home
Certain Words in Listing Comments Positively Affect Closing Price Setting up a reasonable list price for a property is a challenge to both the seller and the listing agent. Each property is unique due to its location, condition and internal/external design. In a competitive, active market, all physical attributes of a property should be fairly […]
Redfin: 10 cities leading the way in walkable construction
By Eric Scharnhorst; reposted with permission from Redfin New home construction doesn’t always mean building farther out. Today, some builders and cities are working together to build new homes in areas with high Walk Score ratings. So which cities are building the most walkable new homes? We took a look at new homes so far […]
From innovation to inclusion — BHGRE shifts core values
In March, PR News honored Better Homes and Gardens Real Estate for the brokerage’s 2015 research efforts — a series of homebuying studies about the LGBT, Hispanic and Chinese American communities. BHGRE partnered with the corresponding real estate organization for each demographic, which included the National Association of Gay and Lesbian Real Estate Professionals, the National Association […]
