Urban Renters: Who Are They
They passed boomers to become America’s largest generation, Gen-Yers, now 15 to 32 years
will dominate and define residential demand for real estate as did the
Boomers before them.The Urban Land Institute commissioned an online
survey to discover their preferences
Case Shiller: Thoughts From Around The Web
to the latest Realtors Confidence Index, the gap between the indices of
Prospective Home Buyer Traffic and Prospective Home Seller Traffic has
narrowed, with an increase in Prospective Buyer Traffic. read more..
Freddie Mac Weekly Update: 30-Year Fixed-Rate Mortgage Rises to 4.60 Percent
Freddie Mac released their most recent weekly survey and the 30 year mortgage averaged 4.60 percent with an average 0.7 point for the week ending July 7, 2011, up from last week when it averaged 4.51 percent. Last year at this time, the 30-year FRM averaged 4.57 percent.
Home Buyers: The Next Gen Up
We are looking at the wave of 6 million new home buyers. Known as the
Millennials, these are a recent college grads A new generation, more
wired and more diverse than any before.And they are interested home buyers..who are they and how do we reach them...read more
Multi Family: A Recovering Market
We all know whats happening to the single family home markets. Over supply and shadow inventory and the subsequent price declines will continue until fear is overcome and inventory is soaked up.
Getting Tenants to Go Green.
As property managers, we can't insist on behavioral changes. Going green can be a tough sell to a renter. After all, a building is only as green as the people who manage and live in it. Managers are key players and can encourage activities that reduce consumption and waste. The catalyst is education.
Fannie and Freddie To Fade Away: Your Costs Rise
The White House has a strategy to close shop. Fannie and Freddie will go away quietly and permanently. They are hoping to phase out the two GSE's within about seven years.Read more to get the impact homes and the benefit for apartments and renters.
Is Search A Leading Market Indicator
Despite changing market conditions in 2010, the nations most searched destinations remained remarkably consistent. Whether the strong interest in Real Estate is just window shopping or whether these states will seriously pop first when the buying public feels this is the bottom remains to be seen...read more
Green Real Estate Predictions for 2011
By Jim Simcoe
In regards to green real
estate, here are my predictions for 2011 (in no order):
Green Value will replace Green Hype. 2010 was the last year we’ll
see people largely add green elements to their projects just for the
heck of it. Value is starting to trump hype...read more
Mortgage Bankers Weekly Survey: Mortgage Applications Decrease
Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey. The survey is a pulse on the housing markets, the cost and availability of real estate loans and offers economic forecasts. read more...