This week’s relevant links: Week of April 1st-6th, 2013

NewsLinks-Full

“What sunshine is to flowers, smiles are to humanity. These are but trifles, to be sure; but scattered along life’s pathway, the good they do is inconceivable.”

― Joseph Addison

 

GenY is finally in a mood to buy (houses)

A generation that’s about 90 million strong, Millennials (or Generation Y) form the largest demographic wave in the nation’s history

 

Home Prices Seen Making Stronger Gains in 2013

the first three months of the year have shown the conditions that produced last year’s gains are just as strong

 

Homeowners, Name Your Price

A real-estate site tests the magic number that might convince an owner to move; listing an Arizona home on a whim

 

CoreLogic: Completed Foreclosures at Lowest Level Since 2007

Data from CoreLogic shows 54,000 homes were lost to foreclosure in February of this year, a 7 percent decline from January’s downwardly revised 58,000

 

DataQuick Reports Improvements for Housing, Questions Sustainability

Although prices are improving and foreclosures are declining, there’s still room for economic uncertainty to “dampen” housing activity, according to DataQuick’s Property Intelligence Report

 

Increase in Consumer Sentiment Surpasses Expectations

consumers have expressed improved prospects for economic growth

 

Is California’s Wild Housing Market a Sign of a Bubble?

California is the comeback kid of the housing recovery

 

A Look at Case-Shiller, by Metro Area

The composite 20-city home price index, a key gauge of U.S. home prices, was up 8.1% in January from a year earlier. Seattle-8.7%, Portland-8.3%

 

Trulia: Buying Beats Renting Despite Rising Home Prices

To buy, or not to buy, and instead to rent? That, as ever, is the real-estate question

 

Housing recovery starts to look like a boom

Portland steamed along in the middle of the pack, posting 8.3 percent home price growth, slightly ahead of the 20-city index of 8.2 percent

 

Buy or rent? 10 major cities

Seattle’s land comes at a premium: The area’s residential communities are hemmed in by the Olympic Mountains and Cascade Range, as well as the Puget Sound.

 

Seattle house prices take seasonal dip

House prices in the Seattle area edged down in January for the second straight month, but year-over-year they are up 8.7 percent

 

US rate on 30-year mortgage ticks up to 3.57 pct.

Average U.S. rates on fixed mortgages edged up this week but remained near historic lows. Low rates have helped drive the housing market’s steady recovery

 

S&P nears record as home price surge lifts stocks

Rising home prices and orders for manufactured goods drove stocks up from the opening bell

 

Coldwell Banker recognized for training platform

Coldwell Banker Real Estate LLC was named one of the top 10 companies “for ongoing excellence in learning and development” by Chief Learning Officer magazine

 

Zombie Homes on the Rise?

Zillow chief economist Stan Humphries weighs in on how much of a problem zombie homes really are across the country

 

Home Decor When Money’s No Object

Prices are increasing but are still ‘on sale’ throughout most of the country when compared to 2007 prices

 

Homes ‘On Sale’ Across the Country [INFOGRAPHIC]

The NAR reported total sales were up 10.2% from February 2012, but conventional sales are probably up closer to 25% from February 2012, and distressed sales down

 

Should Your Buyers Increase Their Offer?

Limited inventory and a very strong demand for housing has created an environment where bidding wars are commonplace in today’s real estate market

 

House of the Week: And the Winner Is…

Four new properties vied for the title of “House of the Week.”  Watch this video (or see the slide show) to find out which home readers chose as the latest top abode

 

Oregon home permits jump 27 percent

The number of single-family home permits issued in Oregon jumped 27.4 percent in 2012

 

After You Read the Listings, Your Agent Reads You

EVERY saleswoman will tell you that the customer is always transparent

 

Housing market surge may wane in time

The outlook for housing continues to remain positive, with economists predicting a sustainability that may last for years

 

Lending data reveals no debt crisis

Home mortgage debt fell to $9.4 trillion at the end of 2012, down from a record of $10.6 trillion in 2008

 

 Big Predictions for Housing for Next 2 Years

Home sales are projected to post some big gains in the next two years, according to Fannie Mae’s latest monthly economic outlook

 

New Database Allows Americans to Post Mortgage Gripes

Americans have a lot of gripes when it comes to mortgages

 

A New Senior Moment

Zumba classes, sushi chefs and kilns in the crafting room: the newest generation of 55-plus communities caters to active—and demanding—retirees

 

For more opinions on today’s real estate issues, visit CBBain’s “In The Know” blog at www.cbbaincareers.com/blog

“Links” are edited each week by John Deely 

 

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