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Real Estate Investors Feel Bullish, Ready to Jump Back In

A majority of real estate investors in the U.S. say they’re optimistic about the strength of the housing market, despite the nation caught in a recession caused by the pandemic. A new survey from LendingHome, a resource for investors, reflects 600 respondents among three investment segments: house flippers, landlords of single-family rental homes, and real estate investment mortgage brokers......Read More

U.S. housing market has been surprisingly active during lockdown

After the coronavirus shutdown, the small Texas homebuilder braced for the worst. And it came: Business plunged in April. Then in May, something unexpected happened. Sales were 30 per cent above the company’s own pre-crisis forecast for the month. Many owners of existing homes aren’t selling, which often makes builders like Pacesetter the best source of inventory......Read More

U.S. April construction spending falls 2.9% as virus upends work

U.S. construction spending fell 2.9 per cent in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.

The Commerce Department said that the April decline was the biggest monthly drop since a 3 per cent fall in October 2018....Read More

New Construction Slows But Remains Higher Than Last Year

Home builders started on fewer new homes in March as the COVID-19 pandemic spread across the nation. New construction was at a pace of 1.22 million units in March, the Commerce Department......Read More

First-Time Buyers Turn to Family for Down Payment Help


Where would we be without family and friends? More of us would be apartment dwellers, according to a new report from the National Association of REALTORS®. Thirty-two percent of first-time home buyers received ........Read More

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

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.

....Read more

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

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

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

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

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

   

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