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December new home sales fall – 30 year mortgages rise
Sales of new single-family homes fell 2.2% in December, ending the worst year on record for the real estate industry dating back to 1963. And 30-year fixed mortgage rates jumped to 3.98% from a record-low 3.88% for the week ending … Continue reading
Foreclosures pushing home prices lower
Foreclosure-related properties, which made up roughly one in five home sales in the third quarter of last year, sold for an average 34 percent less than homes that were not “distressed sales,” according to the latest data from RealtyTrac, a … Continue reading
New Location
INTEGRA Real Estate of Michiana has moved to a new office. Our new office address is: 1104 Mishawaka Avenue | South Bend, IN 46615 View Larger Map Get Directions View Bird’s Eye
Posted in INTEGRA Real Estate of Michiana, John Tiffany
Tagged 1104 Mishawaka Avenue South Bend IN
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USA Today: Housing outlook is more upbeat
Home sales and home building are forecast to rise this year after sliding steeply the past five years in housing’s worst downturn since the Great Depression. Recovery is expected to be slow, and home prices are widely expected to fall this … Continue reading
CNN Money: Foreclosures fall to lowest level since 2007
Foreclosure filings and repossessions fell to their lowest level since 2007 last year. Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million, according to RealtyTrac, the online marketer of foreclosed properties. One … Continue reading
Distressed Commercial Properties Level Off
Are better days ahead for commercial real estate? A new report by Real Capital Analytics shows the number of distressed commercial properties is plateauing and expected to continue to do so in the new year. Distressed properties — which include … Continue reading
America Becoming a Nation of Renters
The multifamily market continues to post gains. “Rents are rising, vacancies are falling, household formations are growing and rental supply is limited,” according to a recent report, “2012: The Year of the Landlord,” issued by Morgan Stanley. “We believe the … Continue reading
Posted in Granger Real Estate Agent, INTEGRA Real Estate of Michiana, John Tiffany, Real Estate News, South Bend Real Estate Agent, www.johntiffany.com
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Home Prices Down for 6th Straight Month
Home prices fell for the sixth straight month in October, down 1.2% compared with September and 3.4% a year ago, according to the latest S&P/Case-Shiller 20-city index. The decline was disappointing in light of several other recent reports, which painted … Continue reading
New Home Sales Edge Up
The modest housing market winning streak continued as the Census Bureau reported Friday that sales of new homes rose again in November to an annualized rate of 315,000. That was up 1.6% compared with the revised October rate of 310,000 … Continue reading
Posted in INTEGRA Real Estate of Michiana, John Tiffany, Real Estate News, www.johntiffany.com
Tagged new home sales
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For Sale: 54184 Ironwood Road North – South Bend, IN
John Tiffany | INTEGRA Real Estate of Michiana | johntiffany.com | 574.875.4575 MLS #: 252198 54184 IRONWOOD RD N – SOUTH BEND, IN 46635 $44,900 City: SOUTH BEND Zip Code: 46635 Area: CLAY Township: CLAY Style: 1 Story Bedrooms: 2 … Continue reading