Monthly Archives: April 2014

← Older posts

April 30, 2014 – Christie’s International Real Estate Introduction Video

By cultivating a unique balance of worldwide scope with a personal touch, Christie’s International Real Estate has become a global authority on the effective marketing of fine properties, providing insightful advisory support along with sensitivity and intelligence. Finely tuned marketing services and a commitment to the business philosophy established by Christie’s in 1766 define a Read More

April 27, 2014 – Fixed Mortgage Rates at Six Week Low

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates easing further for the second consecutive week helping to increase home buyer affordability at the onset of the spring home buying season. The 30-year fixed-rate mortgage averaged 4.27 percent with an average 0.7 point for theweek ending Read More

April 24, 2014 – Americans liking real estate more than stocks, gold again

Less than a decade after the U.S. housing bust almost blew the world economy to smithereens, Americans are once again looking at real estate as their best long-term investment — better than gold, stocks, savings accounts and bonds. That’s according to a Gallup poll taken this month in which 30 percent said real estate is Read More

April 21, 2014 – Builders Continue to See Market Improvements

The March NAHB/Wells Fargo Housing Market Index rose one point from a one-point downwardly revised February to 47. This is the third consecutive month with the index below 50, the point where more builders see the market improving rather than getting poorer. Two of the three components of the index remained unchanged; the current sales Read More

April 19, 2014 – Buyers on the Move: Applications Rise for New Home Purchases

The Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) data for March 2014 shows mortgage applications for new home purchases increased by 15 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns. By product type, conventional loans composed 68.3 percent of loan applications, FHA loans composed 17.2 Read More

April 16, 2014 – Christie’s Beachfront dream home sells for US record $120M

A sprawling estate, situated on prime waterfront property along the US East Coast, has sold for $120 million, setting a new record in the United States. The sale of Copper Beech Farm, in the Connecticut town of Greenwich, was finalized Friday, according to the Greenwich Time newspaper. “This is the most expensive property sold in Read More

April 14, 2014 – Hot Property: A Big Bang for the Buck

Kaley Cuoco-Sweeting and her husband, Ryan Sweeting, have listed their place in Sherman Oaks at $2.795 million. They recently bought the Tarzana home of former Laker Lamar Odom and television personality Khloe Kardashian for $5.499 million.       The Mediterranean-style house, built in 2004, is designed for entertaining with an outdoor living room and Read More

April 12, 2014 – Home Values Expected to Rise Through 2018

A majority of more than 100 forecasters says they expect large-scale investors to sell off the bulk of homes in their portfolios in the next three to five years, boosting inventory and potentially contributing to a smoother market ahead, according to the latest Zillow® Home Price Expectations Survey. On average, panelists also says they expected Read More

April 9, 2014 – Positive Signs Crop Up Heading into Spring Homebuying Season

Recent month-to-month volatility in the housing market has softened the ongoing recovery. However, the majority of the Fannie Mae National Housing Survey indicators on consumer attitudes have continued to move in a positive direction during the past year, which may portend a pick-up in homebuying and selling activity this spring. According to Fannie Mae’s March Read More

April 5, 2014 – Vacation Home Sales Surge in 2013, Investment Property Declines

Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of REALTORS®. NAR’s 2014 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2013, shows vacation-home sales jumped 29.7 percent to an estimated 717,000 last year Read More

← Older posts