Spending on new home construction rose to its highest level in nearly five years in July, suggesting that some builders have shrugged off rising interest rates. #realestate via Home Construction Spending at Highest Level Since 2008 – Real Time Economics – WSJ.
The California Association of Realtors reporting that eight out of 10 buyers are accessing home information via their smartphone or tablet. “The survey found 85 percent of buyers used a mobile device during the home buying process, with the majority of buyers (70 percent) accessing the Internet from their smart phones and 15 percent accessing […]
In Friday’s print edition, reporter Christopher Arns took a closer look the efforts of lawmakers to reform the California Environmental Quality Act, the 1970 law that requires local governments to put new construction through a lengthy review process before allowing development. Those reforms apparently are drawing controversy. CEQA reform bill generating controversy – Sacramento Business Journal.
Home prices are finally starting to rise, but not so much or so quickly that the great deals are disappearing. In fact, right now many investors have moved back into the market buying up properties that they will either rehabilitate and resell or rent out for cash flow. With interest rates still incredibly low, it’s easy to […]
Realtors in California and Florida are criticizing a Federal Housing Finance Agency (FHFA) attempt to speed recovery from the 2008 housing crisis by selling large numbers of foreclosed properties in package deals ― or what are called real estate owned…
Experts Predict 6.7 Percent Annual Gain In Home Values for 2013 as Recovery Strengthens; Most See No Threat Until Loan Rates Hit 6 Percent, According to Zillow Home Price Expectations Survey SEATTLE, Aug. 8, 2013 /PRNewswire/ -- More than 100 forecasters…
Commercial and multifamily loan originations are up both quarterly and over the year, according to the Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released Tuesday by the Mortgage Bankers Association MBA.Originations increased by 36 percent from the first quarter to the second quarter, with the greatest increase in activity occurring among hotel properties, which experienced […]