USA Real Estate News
US Homes, Sales of New Homes Struggled in February
US Homes, Sales of New Homes Struggled in February The US Census Bureau this morning released data on new single-family home sales for February. Sales fell 4.6% M-M to a seasonally adjusted annual rate of 411,000, from an upwardly revised January sales figure of 431,000. Economists had been expecting a seasonally adjusted annual rate of [...]
US Real Estate: Oahu’s ’7-Mile Miracle,’ Auction
Auction Of Two Hawaiian Ranch Parcels Totaling Over 100 Acres And Overlooking Oahu’s ’7-Mile Miracle,’ One Of The World’s Best Surf Spots, Now To Be Conducted Without Reserve On April 2nd Concierge Auctions and Hawaii Life Real Estate Brokers to sell Paumalu Ranch, the largest singular land offering on Oahu, Hawaii’s North Shore, to the [...]
Silicon Valley Real Estate: Villa Lauriston For Sale
SILICON VALLEY, California: $20,000,000 Historically Significant Estate To Be Sold at Private Auction One of the nation’s finest private residences, Villa Lauriston, will be sold at auction on April 21, 2013 with a starting bid of $8,880,000. Luxury home auction consultant, Guy Masters , along with listing agent Olivia Decker of Decker Bullock Sotheby’s International [...]
CoreLogic, Home Prices Jump in January
CoreLogic, Home Prices Jump in January CLGX US home prices rose 9.7% in January, compared with the same month a year ago. That was the largest monthly increase since April 2006, according to research firm CoreLogic (NYSE: CLGX). The firm had previously forecast a rise of 7.9%. The data includes sales of distressed properties. Month-over-month, [...]
Interstate Increases European Portfolio to 51 Hotels
Interstate Hotels & Resorts Enters the United Kingdom with Acquisition of Sanguine Hospitality Management Platform Interstate Increases European Portfolio to 51 Hotels Strengthening its European presence, Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announced today its entrance into the United Kingdom as the first U.S.-based, third party management company [...]
Real Estate: US Foreclosure Filings Fell 28% in January
Real Estate: US Foreclosure Filings Fell 28% in January The number of US properties with foreclosure filings fell 28% in January from a year earlier, while foreclosure starts fell to a 6 yr low, according to market researcher RealtyTrac. There were 150,864 US properties with default notices, scheduled auctions and bank repossessions in January, a [...]
Robert Shiller: Housing Not an ‘Exciting Market,’ Put Money in Stocks, Farmland
Robert Shiller: Housing Not an ‘Exciting Market,’ Put Money in Stocks, Farmland While various indicators are on the rise for home building, home sales, and home prices, we are not at the beginning of a housing explosion, says Yale economist Bob Shiller. For the next five years, home prices could easily rise 1 to 2% [...]
US Real Estate: UBS NYSE:UBS Upgrades Multifamily REITs to Buy
US Real Estate: UBS NYSE:UBS Upgrades Multifamily REITs to Buy AVB, BRE, EQR, UDR In a research report released Friday UBS AG upgraded the multifamily “coastal” or more expensive REITS to buy. Their bias within the multifamily group over the past two years had been on the value side, the “Sunbelt” and Class B REITs, [...]
US Real Estate News: Mortgage Rates Move Higher
US Real Estate News: Mortgage Rates Move Higher Fixed mortgage rates recorded the biggest one week increase since last March, with the benchmark 30-year fixed mortgage rate rising to 3.77 percent this week, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.29 discount and origination points. The average [...]
Top Things All Home Buyers Hate
4 Things All Home Buyers Hate – If you’re selling your home, you probably understand that there are going to be some people who tour your home that aren’t going to like it – no matter what you do. But did you know that there are 4 things that ALL home buyers hate, like: 1. [...]
US Real Estate: Home Prices Higher
November US Home Prices Higher The S&P/Case-Shiller home price index for November was higher for the 8th month running. The 20-city composite rose 5.5% in November, lower than the consensus expectation for a rise of 5.8%, but still well above the October increase of 4.3%. On an annual basis, November prices were up 4.5% on [...]
Dubai property price increases to continue in 2013
Dubai property price increases to continue in 2013 Stock-listed developers in Dubai jumped in value Sunday on a report released by property services company Asteco that prices in the villa and apartment segment would extend the positive momentum from last year into 1-H of Y 2013. According to the report, shares of the United Arab [...]
US Pending Home Sales Fall
US Pending Home Sales Fall on Lack of Supply Signed contracts to buy existing homes fell 4.3% in December from the prior month, according to a monthly index from the National Association of Realtors. The index is 6.9% higher than December of Y 2011. Realtors say it is not lack of demand but supply at [...]
Shiller, US Housing Market May Fall Further
Shiller, US Housing Market May Fall Further The US housing-market revival may prove illusory and the threat of further weakness remains, said Robert Shiller, a professor at Yale University and co-creator of the S&P/Case-Shiller index of property values. “The housing market has been declining for something like six years now, it could go on, that’s [...]
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UAE Economy Seeing a Spring Boom
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The FTSE Straits Times Index (STI) ended -10.33 points lower or -0.30% lower to 3,443.90, taking the year-to-date performance to +8.74%.
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