Real Estate

Why, Where Buyers Get Denied Mortgages

NAR Daily News Magazine - April 25, 2018 - 12:00am

A mortgage denial can be an embarrassing experience for a buyer. A new study reveals the top reasons consumers are being denied and which cities...

Categories: Real Estate

The West, South Lift New-Home Sales

NAR Daily News Magazine - April 25, 2018 - 12:00am

More buyers were purchasing new homes in the West and South last month, but building constraints remain a chief concern nationwide.

Categories: Real Estate

Housing Costs Up 9% for Entry-Level Buyers

NAR Daily News Magazine - April 25, 2018 - 12:00am

It costs significantly more for entry-level buyers to get into homeownership today than it did only a year ago. John Burns Real Estate Consulting...

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The Art Factor Boosts Housing

NAR Daily News Magazine - April 25, 2018 - 12:00am

Public art is linked to building booms and price increases for residential real estate.

Categories: Real Estate

Mortgage Rate Spike Gives Buyers the Jitters

NAR Daily News Magazine - April 25, 2018 - 12:00am

As rates pressed higher last week, that seems to have been enough to make would-be home shoppers hit the pause button on the spring season.

Categories: Real Estate

Masses of Tumbleweed Bury Homes Out West

NAR Daily News Magazine - April 24, 2018 - 12:00am

Strong winds in Southern California and Utah have blown the spiky, dead desert plants onto properties, piling up to 5 feet high and blocking...

Categories: Real Estate

Home Sales Should Be Higher—But They’re Not

NAR Daily News Magazine - April 24, 2018 - 12:00am

Buyer demand is high, and the broader economic environment remains favorable for selling. But here’s why sales just can’t seem to...

Categories: Real Estate

More Agents Find Value in Promoting Green

NAR Daily News Magazine - April 24, 2018 - 12:00am

As public interest in sustainability grows, real estate professionals are focusing their marketing on eco-friendly home features and business...

Categories: Real Estate

Inventory Plummets in Lower Price Points

NAR Daily News Magazine - April 24, 2018 - 12:00am

Bargain hunters and first-time home buyers are facing sticker shock, as finding a property for less than $250,000 gets tougher and tougher.

Categories: Real Estate

Zen Design Takes Over Luxury Listings

NAR Daily News Magazine - April 24, 2018 - 12:00am

Wellness amenities and architecture are finding popularity in high-end real estate.

Categories: Real Estate

How to Comply With New Data Security Rules

NAR Daily News Magazine - April 23, 2018 - 12:00am

The European Union’s new GDPR rule institutes legal provisions that give residents more control over personal data...

Categories: Real Estate

6 Rules for Effective Blog Posts

NAR Daily News Magazine - April 23, 2018 - 12:00am

If you or your firm maintain a real estate blog, make sure to follow these building blocks for a successful post.

Categories: Real Estate

Home Sales Overcome Inventory, Price Woes

NAR Daily News Magazine - April 23, 2018 - 12:00am

Despite soaring prices for fewer properties on the market, sales of existing homes achieved “robust gains” in March, according to the...

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Bidding Wars Heat Up in Unassuming Towns

NAR Daily News Magazine - April 23, 2018 - 12:00am

The usual suspects—San Francisco, Boston, and New York—are not the cities seeing the most dramatic spikes in multiple-offer scenarios...

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Wells Fargo to Pay $1B Over Rate Lock-Ins

NAR Daily News Magazine - April 23, 2018 - 12:00am

Federal watchdogs say Wells Fargo delayed some customers’ loan approvals and then charged them a fee for missing a deadline to lock in...

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Landlords, Associations Take Aim at Marijuana

NAR Daily News Magazine - April 23, 2018 - 12:00am

Despite the movement to legalize pot for both medicinal and recreational purposes in many states, homeowners associations and landlords are...

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Why Underwater Owners Still Pay the Mortgage

NAR Daily News Magazine - April 23, 2018 - 12:00am

Unlike during the last housing crisis, when many homeowners made “strategic defaults” by stopping mortgage payments and walking away...

Categories: Real Estate

Is ‘Green’ at a Premium? Depends Where You Purchase

Daily Real Estate News - April 21, 2018 - 12:01am

Who says you need “green” to get a green home?

According to an analysis by realtor.com®, eco-friendliness is becoming the norm—and being a green homeowner may not be as pricey as thought. While California’s costlier markets have high concentrations of green homes, there are also affordable pockets outside the Golden State—and, in many markets, eco-features are no longer at a premium.

The greenest:

  1. Fort Collins, Colo.
    Green Home Listings Share: 36 percent
    Local Median Price-Per-Square Foot (PPSF): $170.4
    Green Local Median PPSF: $171
  1. Dallas-Fort Worth-Arlington, Texas
    Green Home Listings Share: 35 percent
    Local Median Price-Per-Square Foot (PPSF): $139.1
    Green Local Median PPSF: $144
  1. San Jose-Sunnyvale-Santa Clara, Calif.
    Green Home Listings Share: 35 percent
    Local Median Price-Per-Square Foot (PPSF): $738.9
    Green Local Median PPSF: $701
  1. San Antonio-New Braunfels, Texas
    Green Home Listings Share: 34 percent
    Local Median Price-Per-Square Foot (PPSF): $128.8
    Green Local Median PPSF: $130
  1. Tulsa, Okla.
    Green Home Listings Share: 33 percent
    Local Median Price-Per-Square Foot (PPSF): $96.7
    Green Local Median PPSF: $115
  1. Boulder, Colo.
    Green Home Listings Share: 25 percent
    Local Median Price-Per-Square Foot (PPSF): $257.7
    Green Local Median PPSF: $267
  1. Salinas, Calif.
    Green Home Listings Share: 21 percent
    Local Median Price-Per-Square Foot (PPSF): $498.5
    Green Local Median PPSF: $429
  1. Atlanta-Sandy Springs-Roswell, Ga.
    Green Home Listings Share: 20 percent
    Local Median Price-Per-Square Foot (PPSF): $121.5
    Green Local Median PPSF: $132
  1. McAllen-Edinburg-Mission, Texas
    Green Home Listings Share: 19 percent
    Local Median Price-Per-Square Foot (PPSF): $93.2
    Green Local Median PPSF: $107
  1. Santa Cruz-Watsonville, Calif.
    Green Home Listings Share: 17 percent
    Local Median Price-Per-Square Foot (PPSF): $565.7
    Green Local Median PPSF: $544

“Although Southern and Western states still lead the way in green technology adoption, eco-friendly features have grown in popularity across many regions of the United States,” says Javier Vivas, director of Economic Research at realtor.com. “Many buyers have come to expect standard features, and homes integrating specialty green features are becoming more mainstream.

“However, in today’s inventory-starved market, location still reigns supreme and the price of land can easily override the allure of special eco-friendly features,” Vivas says.

Analysts defined a “green” home as one with bamboo flooring, dual-pane windows, ENERGY STAR appliances and/or rating, Seasonal Energy Efficiency Ratio (SEER) ventilation and/or solar panels.

For more information, please visit www.realtor.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

The post Is ‘Green’ at a Premium? Depends Where You Purchase appeared first on RISMedia.

Categories: Real Estate

EU Rule Could Impact Your Business

NAR Daily News Magazine - April 20, 2018 - 12:00am

Does the European Union have any regulatory authority over your real estate business? It’s a tricky question, but the answer is “maybe...

Categories: Real Estate

Buyers Want Emotional Bonds—Even Online

NAR Daily News Magazine - April 20, 2018 - 12:00am

Despite largely beginning their real estate search on the internet, where one would assume home shoppers prefer an impassive browsing experience,...

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