Is the US Property Market Turning?
Real estate market cycles can turn on a dime. That’s why it’s so important to be “plugged in” to real data and statistics so you don’t make a mistake. Practically overnight, real estate in many U.S. cities has moved from a buyer’s to a seller’s market. This is hard to believe when we’re still […]
What does $100k buy you in property in Australia compared to the same amount in US?
Have you ever wanted to buy property in the United States but thought that it would be easier just to buy property in Australia? I decided to compare a $100,000 investment in property in any state or territory in Australia with the same amount in Dallas Texas, one of the strongest markets in the US. […]
Millennials put off home buying, despite rising rent
Rents are rising while interest rates remain low, yet young Americans are still largely choosing to rent instead of buy. Home rent costs have jumped 14 percent since 2010, and are expected to rise another 3.3 percent this year, to year to an average of $1,161, according to commercial property tracker to Reis Inc. Real […]
Beat Obama to the punch
CNBC The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, is very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials. There currently are about a quarter of a million foreclosed properties on the […]
Cities with the best economies in America
By Steve Schaefer Forbes.com updated 30/12/2011 It turns out “Don’t Mess With Texas,” is more than just a slogan. At least judging by the state’s ability to rebound from the Great Recession, and its dominance over the rankings in a new report highlighting the best-performing U.S. cities. San Antonio heads up the Milken Institute’s 2011 […]
Pending home sales rise to 15 year high
Reporting by Lucia Mutikani; Editing by Padraic Cassidy Thursday 29 Dec, 2011 Reuters Pending sales of existing homes surged to a 1-1/2 year high in November, an industry group said on Thursday, offering more signs of a tentative recovery in the housing market. The National Association of Realtors’ Pending Home Sales Index, based on contracts […]
Analysis: U.S. rental demand lifts housing sector
By Margaret Chadbourn Tue Dec 27, 2011 Reuters Brian Keith is busier than ever as the architecture firm he works for rushes to wrap up work on a 300-unit apartment complex in Dallas. The project is one of dozens the firm, JHP Architecture, has on its hands — a surge of business driven by a […]
Cities Where Home Prices Are Plummeting
By Morgan Brennan Forbes.com updated 23/12/2011 The housing bust came late to Boise, Idaho. While home prices in other cities around the U.S. began their drastic descent in 2007, Bosie’s home prices didn’t start feeling a price pinch until the end of 2008. Housing in Idaho’s capital wasn’t hit particularly hard by the subprime mortgage […]
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