The following is a handy chart to show, perhaps, to prospective buyers who believe that purchasing a home is not a great long term investment. Even after the worst housing market ever, check out the gains over five or ten years. The report is available in pdf here: Top 100 Housing Markets Changes. source: Washington [...]
Archive for July, 2009
Changing Home Prices in the Top 100 Metros
Posted in Market Stats, Real Estate News, Selling Info, tagged Housing Market Changes Five Years, Housing Market Changes Ten Years, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 31, 2009 | 1 Comment »
Kiplinger’s Best Cities List
Posted in Winners, tagged Kiplinger Best Cities, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 30, 2009 | Leave a Comment »
Kiplinger recently published its2009 Best Cities List, which (this year) focuses on places that have stable employment plus the talent to create new, well-paying positions. Washington, D.C. ranked number 3 overall. Check out the entire list here.
US May Home Prices Up, First Increase in 3 Years
Posted in Positive Economic News, Real Estate News, tagged Good, Good Economic News, Housing Market, Positive Economic News, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 28, 2009 | Leave a Comment »
U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor’s/Case Shiller home price indexes Tuesday. The annual rate of decline for the 10- and 20-city indexes improved for the fourth straight month, though prices have still tumbled by [...]
AP: Housing Sector Finally Coming Back to Life
Posted in Positive Economic News, Real Estate News, tagged Housing Shortage Coming, New Home Sales, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 27, 2009 | Leave a Comment »
The mainstream media is finally beginning to catch on to what we’ve noticed for weeks: The housing market is coming back. Yesterday’s unexpected news that new home sales jumped 11% in June, its highest gain since 2000, prompted the media to realize the worst may be over. The Associated Press was quoted as saying: The [...]
Housing Prices Rise in May
Posted in Positive Economic News, Real Estate News, Selling Info, tagged Federal Housing Finance Agency, Home Prices, Housing Market, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, US Home Prices on July 27, 2009 | Leave a Comment »
Another reason for your buyers to get off the fence: Average U.S. home prices have started to rise, according to a monthly report from the Federal Housing Finance Agency. FHFA says U.S. home prices rose 0.9 percent from April to May. The biggest gains were in the battered Pacific region, where average prices were up [...]
Balloon Serves as Weather Booth
Posted in RE/MAX News, tagged CBS Chicago, Ed Curran, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 26, 2009 | Leave a Comment »
It’s no secret that the RE/MAX Balloon is the most recognizable symbol in real estate. Apparently, it’s a hit on weather reports, too. On July 3, Chicagoans got an eyeful of the RE/MAX Hot Air Balloon in the skies and on TV when CBS-TV meteorologist Ed Curran took a ride in the balloon. He delivered the morning weather report live from the [...]
Bill Would Extend Higher Loan Limits
Posted in Real Estate News, tagged Fannie Mae Loan Limits, FHA Loan Limits, Freddie Mac Loan Limits, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 25, 2009 | Leave a Comment »
A spending bill approved by the House Appropriations Committee would extend the temporary $729,750 loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration in high-cost housing markets through September 2010. A nice start to something that should be made permanent.
Virginia is for Business
Posted in Real Estate News, tagged America's Top States for Businesses, CNBC, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 24, 2009 | Leave a Comment »
Have a client wanting to open a business and live close to it? The chart at the end of the post should help them decide where to relocate. CNBC has ranked Virginia the Number One State for Business: Virginia reclaims the title of America’s Top State for Business this year, squeezing past last year’s Top [...]
Health Insurance Options for RE/MAX Affiliates Coming in August
Posted in RE/MAX News, Real Estate News, tagged RE MAX, RE MAX Allegiance, RE MAX Health Plus, RE/MAX, RE/MAX Allegiance, RE/MAX Health Plus, Realtor Health Insurance on July 22, 2009 | Leave a Comment »
Housing Experts: Now Is a Perfect Time to Buy
Posted in Positive Economic News, Real Estate News, tagged Good Economic News, Marc Roth, Now Is a Perfect Time to Buy, Positive Economic News, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on July 20, 2009 | Leave a Comment »
Don’t forget to remind potential buyers of something that is obvious to real estate professionals: Now is the time to buy, but that opportunity may be slipping away. For people who have a job and money, a dream house is within reach, writes Marc Roth, founder of Home Warranty of America and a columnist for [...]
