Today’s News Synopsis: Who has the most affordable houses? Luxury homes are adding new features to cater to the children who live in them, including robot classes and walls made of Legos. In 2019, sellers spent $21,000 on average to sell their home. In The News: Redfin – “In Atlanta, Nearly Half of Homes For Sale …
Today’s News Synopsis: How much would the Father of the Bride home cost in real life? Home prices saw their smallest increase in six years in 20 cities in the U.S. Housing starts decreased 8.7% in February after having seen a surge the month prior. In The News: Bloomberg – “Home Prices in 20 U.S. Cities …
Today’s News Synopsis: Is buying a house a good investment? After a two-year competition, Zillow awarded the winners who came up with a better Zestimate with $1 million. The National Association of Realtors reported pending home sales decreased 2.2% in December. In The News: Zillow – “Zillow Awards $1 Million to Team that Built a …
Today’s News Synopsis: Affordability at lowest level in 10 years. Could we be seeing a comeback in BIY kit homes? Foreclosed homes saw their fastest rate of appreciation, up 10.3% year-over-year, more than the typical home in the U.S. at 6.5%. In The News: Realtor.com – “Buy It Online, Build It Yourself: You Won’t Believe The Next …
Today’s News Synopsis: 4 Tips for keeping properties safe. Fixed-rate mortgage rates increased for the eighth week in a row with 30-year rates now at 4.43% and 15-year rates at 3.9%. Reporters say the group continuing to struggle when it comes to owning a home is the minority population. In The News: Realtor.com – “Minority Homeownership …
Today’s News Synopsis: It’s Zestimate not Exactimate. The latest home price report from CoreLogic showed home prices increased 7% year-over-year in October and are projected to increase 4.2% by next October. Even Zillow increased their expectations for home price growth in 2018. In The News: Freddie Mac – “Freddie Mac December Insight” (12-5-2017) “Freddie Mac (OTCQB: FMCC) released …
Today’s News Synopsis: Lower priced homes are increasing in value twice as fast as expensive ones. Conforming loan limits were raised again by the FHFA for the second year in a row. The New York-based Conference Board reported consumer confidence increased to its highest in 17 years. In The News: National Association of Realtors – “Brian …
Today’s News Synopsis: Black Knight Financial Services released their Mortgage Data Report for April 2017, which showed a 13% increase in mortgage delinquencies and foreclosures at their lowest in ten years. Existing home sales decreased 2.3% in April, while pending home sales 5.9% month-over-month and 7.4% year-over-year. Zillow is holding a contest for data scientists …
Zillow Holds Contest For Best Improvement to their Zestimates Algorithm Read More »
On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event, I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude …