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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
AP: New Home Sales Perked in October
By The Associated Press New-home sales increased 1.3 percent last month to a seasonally adjusted annual rate of 307,000, the Commerce Department said Monday. That’s less than half the 700,000 that economists say must be sold to sustain a healthy … Continue reading
Posted in Elkhart Real Estate Agent, Granger Real Estate Agent, John Tiffany, Real Estate News, South Bend Real Estate Agent, www.johntiffany.com
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WSJ: Stronger Lure for Prospective Buyers
John Tiffany | INTEGRA Real Estate of Michiana | 574.855.4575 | johntiffany.com Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 … Continue reading
Smaller Homes to Grow in Demand
The square feet of new homes is expected to continue its decline in future years. The National Association of Home Builders predicts that U.S. houses will average 2,152 square feet in 2015, which will be down 10 percent compared to … Continue reading
Home Affordability Near Record High
Buoyed by stabilizing home prices and sustained low interest rates, nationwide housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years it has been measured, according to National Association of Home … Continue reading
Freddie Expands REO Winter Sale to more States
Six more states — now bringing the total to 33 — will participate in a winter sales promotion as Freddie Mac’s HomeSteps looks to unload its high REO inventory. The six states added are Alaska, Kansas, Kentucky, Missouri, Oregon, and Washington. … Continue reading
Foreclosure Activity Hit 7-month High in October
Some 77,733 properties received an initial default notice last month, up 10% from September, foreclosure listing firm RealtyTrac Inc. said Thursday. The number of homes scheduled to be auctioned or repossessed by lenders also posted monthly increases. All told, notices … Continue reading