Real estate news

• Finally, a True Picture of Asian American Homeownership

  02-04-2017 19:09
  
  2016 was a momentous year for the Asian American and Pacific Islander community. The Census Bureau—which had, up until July, grouped Asian Americans and Pacific Islanders (AAPI) into a “Other” category—agreed to include a separate category for AAPI in its research.
  The importance of that change is highlighted in the Asian Real Estate Association of America’s (AREAA) recently released 2016 State of Asia America Report, which includes, for the first time, accurate dat
  
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• Zillow Group to Launch New Consumer Brand

  02-04-2017 19:08
  
  In a bold move—and likely a surprise to the 89,000-plus real estate professionals presently paying for its services—Zillow Group announced today its intent to launch a new consumer real estate search portal, RealEstate.com. The portal is “designed for millennial homebuyers,” according to a release about the launch, and will source listings directly from brokerages, franchises and MLSs. The URL, which currently directs to Trulia and was procured by Zillow during its acquis
  
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• March Data: Spring On the High Prices, Low Inventory

  02-04-2017 19:07
  
  The housing market’s high/low dynamic continued uninterrupted at the start of the spring homebuying season, with home prices hitting another record high and inventory still low in March, according to a data preview from realtor.com®. The median list price in March will push past $250,000—where it has hovered since May 2016—to $260,000, while new listings will total 492,000, up 2 percent from February but down 13 percent year-over-year.
  “Calendars might say spring is o
  
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• Worsening Affordability Reaches 8-Year Low

  02-04-2017 19:06
  
  Housing affordability worsened in the first quarter of 2017, with 95 out of the 379 counties analyzed in the ATTOM Data Solutions Q1 2017 U.S. Home Affordability Index below “normal” affordability levels.
  On a national scale, the Index was 103—an eight-year low. An Index reading below 100 indicates the amount of wages needed to afford a median-priced home is above the historic average for the market in question.
  Wages, still, have improved in some markets. In 53 percent of the
  
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• These 3 Charts Show Why Commercial Real Estate Is The Next ''Big Short'' - Forbes

  02-04-2017 15:30
  
  Forbes
  These 3 Charts Show Why Commercial Real Estate Is The Next ''Big Short''
  Forbes
  A small but growing group of hedge funds are positioning themselves to profit from the collapse of the real estate market. Sounds like 2007, right? It's actually happening right now. But this time, hedge funds (along with Deutsche Bank and Morgan ...
  
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• REAL ESTATE TRANSFERS: Reported April 2, 2017 - Herald-Whig

  02-04-2017 07:06
  
  REAL ESTATE TRANSFERS: Reported April 2, 2017
  Herald-Whig
  ADM Alliance Nutrition Inc. and Archer-Daniels-Midland Company, vacant land in Quincy Township, to County of Adams. Charles E. Hull Jr., residence at 1301 Maple St., to Eric N. Miller II. Douglas J. Schutte, residence at 2325 Northridge Drive, to ...
  
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• Hot real estate tip! Buy Israel - WND.com

  02-04-2017 02:13
  
  WND.com
  Hot real estate tip! Buy Israel
  WND.com
  But, Rabbi Yitzchak Zilbershtein is breathlessly pushing the Israeli market saying the imminent coming of the Messiah will drive the Jewish state's real estate prices through the roof. And he's not alone in his enthusiasm for the hot market. Real ...
  
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