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News & Updates
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NEW APARTMENT SUPPLY EXPECTED TO REACH 30-YEAR HIGH THIS YEAR
The apartment sector is expected to have a banner year, with new supply reaching a three-decade high across the country’s 150 largest apartment markets, according to a new report from RealPage, a property management software firm. For this year,......Read More |
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HOUSE FLIPPING RISES EVEN AS PROFITS FALL
Last year, home flipping reached its highest rate since 2006, according to ATTOM Data Solution’s 2019 U.S. Home Flipping Report, released Thursday. But despite the increase, profit margins have dropped, the report shows.
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REAL ESTATE SALES SINK AS FOREIGN BUYERS SHY AWAY FROM SHAKY POLITICAL CLIMATE IN U.S.
Luxury real estate has seen a dramatic downturn this year, as punitive new tax laws and a retreat by foreign buyers sent prices spiraling to recession-era levels in some markets.......Read More |
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MANSION TAX MAY BE HEADED TO BOSTON NEXT
Boston’s mayor has paved the way for a new mansion tax on all home sales over $2 million. Mayor Martin J. Walsh signed a petition that would give Boston the ability to charge a one-time transfer fee of up to 2% on residential deals over $2 million....Read More |
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NEW-HOME CONSTRUCTION ACTIVITY CONTINUES TO RISE, AS BUILDERS SEEK EVEN MORE BUILDING PERMITS
The numbers: Builders began construction on new homes in the U.S. at a pace of 1.37 million in November, the Commerce Department said Tuesday. This represented a 3.2% increase from a revised 1.32 million in October and was 13.6% higher than a year ago.......Read More |
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DO YOU NEED AN OPEN HOUSE TO SELL YOUR HOME?DO YOU NEED AN OPEN HOUSE TO SELL YOUR HOME?
An open house invites people to tour a home that is for sale. A listing real estate agent often schedules two different types of open houses: a "broker only" open house to other agents, during the day on a weekday, and an open house that's open to the public, typically on a Sunday.....Read More |
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HOW TO HANDLE INHERITED INVESTMENTS
On the one hand, it's overwhelming, thanks to the intense emotions associated with losing a loved one combined with the confusion about what to do with the newly acquired assets. On the other, an inheritance can re-invigorate your finances and create new opportunities for you and your family......Read More |