This is a collection of real estate news articles relevant link for the week of May 6th through 10th, 2013.
“With Each Day Going By Hope is Reborn, Dreams Come True and a Little Step is Taken Toward Happiness. May this May be Unbelievably Exceptional, Amazingly Colorful and Filled with Joy, Laughter and Love.”
Mortgage rates flirt with record lows: Freddie Mac
Fixed-mortgage rates hovered near record lows this past week
March Pending Home Sales Improve but Overall Pace Leveling
Lawrence Yun , NAR chief economist, said the market appears to be leveling off
U.S. Economy Adds 165,000 to Payrolls
Job growth picked up in April and the unemployment rate ticked down again, suggesting steady but still-measured economic growth
Five Takeaways From the Latest Case-Shiller Report
Home prices rose by 9.3% in February from one year ago, the largest such gain in the Standard & Poor’s/Case-Shiller 20-city index in nearly seven years
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 9.3% in February from a year earlier. All 20 cities posted year-over-year gains for January and February, the first time that has happened since 2006
S&P/Case-Shiller Home Price Indices
The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
Click to: Read the full S&P/Case-Shiller release.
Fed warns about lenders ability to handle higher interest rates
The Federal Reserve voiced concerns over whether banks can withstand an eventual increase in interest rates after a long, low-interest-rate environment,
Dow Reaches 15,000 as Jobs Growth Exceeds Forecasts
U.S. stocks rose, sending the Dow Jones Industrial Average above 15,000 for the first time
Here’s How Boomer Home Sellers Can Convince Millennials To Buy In
Homeowners who are in their 40s, 50s and 60s face both short-term and long-term challenges if they want to hook Millennial buyers in their 20s and 30s. To lure younger buyers, you’ll need to upgrade appliances, scrap the dining room and add a splash of color
Redfin Takes On Zillow’s Zestimates With New And Improved Home Value Tool
Redfin is launching a new feature today that allows prospective home buyers and sellers to better estimate a home’s value
Inside the House With No Energy Bills
see how Houze is redefining the American dream by producing homes that cost less to own, operate and maintain. The high-tech homes they create are system-built, energy-secure, and highly sustainable
Green Goes Mainstream for New Homes
Net-zero homes that generate much or all of their electricity are moving beyond the “crunchy-granola types” and attracting more mainstream buyers who want to slash their utility bills; feeling cozy on 5-degree days.
The $500,000 Housecleaning
When a Virginia couple discovered that their townhouse was infested with mold, it was the start of an arduous, expensive multiyear cleanup
A Helping Hand for Jumbo-Loan Borrowers
more banks and employers are offering financial help to jumbo-mortgage borrowers.
Where Do Housing Bubbles Come From?
Scott Sumner points to a new paper on the housing crisis arguing that all the traditional narratives are wrong. We cough.
Rationalizing the ridiculous
Wild property price swings are more consistent with great uncertainty about the future.
Betting the house
Wild property price swings are more consistent with great uncertainty about the future
The Price of Global High-End Living
Weighing Hong Kong’s steep fees for foreign buyers against New York’s hefty property taxes: What it costs to buy, sell and live in four of the world’s prime real-estate capitals
Why Homes With Open Space Command Big Bucks
Homes built in land-conservation developments sell for 29% more than homes built in traditional rural developments, a Colorado study finds
Food Markets: The Latest Must-Have Amenity Fueling Condo Sales
To lure today’s urban condo buyer, forget the pumped-up super gym, and make room for an organic-eats-shilling, artisanal food market
Home Prices Growing At Pre-Bubble Rates On Bernanke Boost, But Big Shadow Inventory Lurks
Boosted by Ben Bernanke and turbocharged by tight inventories and strong recoveries in the worst hit cities, home prices continue to grow strongly
Wanted: Developer to spark Oregon City residential revival
organization’s newest challenge – sparking a residential downtown revival
Seattle home prices up 9.3 percent over 12 months
Seattle home prices rose 9.3 percent in February compared with a year ago, matching the average rise in 20 cities nationwide, according to the Standard & Poor’s/Case-Shiller 20-city home price index
REAL Trends 500, The 500 Largest Brokers in the U.S.
CB Bain # 16!!!!
The 66 Coldwell Banker affiliated companies on the list registered a whopping 23% of the total sales dollar volume of all firms in the ranking, an incredible 130% higher than our nearest competitor. And when you look at sides, we dominate there too with 20% of all activity and a 63% advantage over the nearest brand.
The Coldwell Banker average sales price was 10.3% higher than the RealTrends average!
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