Real-Estate Recovery Is Spreading Beyond a Handful of Cities
If you have a class-A property for sale in a world-class city, your next offer to buy might come from an Asian insurance company, or any of a growing list of different types of foreign investors now shopping for properties in the U.S.
New deals are being announced, while others are being completed
Home buyers and sellers are “not on the same page” when it comes to the state of the housing market, according to a new Redfin survey of 707 of its agents and partner agents across 35 U.S. markets. Buyers and sellers are taking a more aggressive stance in the market, with some sellers overpricing their homes and more buyers refusing to get in bidding wars, the survey found.
According to the National Association of Realtors' 2014 Profile of International Home Buying Activity Report, favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments.
Hostess Brands, LLC is continuing the process of liquidating excess real estate acquired from Old HB, Inc.
Multi-tenant office building, once part of the Benicia Arsenal, solicits bids in online real estate auction
What’s the best housing market for the beach-life? Hobe Sound, Fla., according to a new report by RealtyTrac, which tracked the top beach town housing markets based on home values for single-family homes and condos, weather, air quality, and crime rates.
Last month the number of building permits hit their highest level for six years, raising hopes of the housing market becoming more stable. According to data from the Commerce Department, ground breaking rose by 13.2%, reaching a seasonally adjusted rate of 1.07 units.
All-cash purchases are on the rise, despite a decrease in distressed sales and investor activity, according to the NAR’s Realtors Confidence Index of about 3,000 survey respondents. All-cash sales made up 33 percent of transactions in the first quarter, compared to 31 percent in 2013.
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