Millionaires across the U.S. say commercial and residential real estate is the best alternative-asset investment option for 2014.
One-third of millionaires surveyed in a new Morgan Stanley study plan to purchase real estate this year, Bloomberg reports. And 23 percent say they’ll invest in real estate investment trusts.
Falling in love can be wonderful—and finding the perfect house can make a house-hunter weak in the knees.
A survey by Realtor.com shows that falling head-over-heels for a house is fairly common—69% of respondents reported that they have had a home crush. House-hunters with a “home crush,” as defined in the survey, are drawn to the same house again and again. Realtor.com surveyed 1,082 individuals from Jan. 9 to Jan. 20 who reported having had a home crush.
Trulia’s analysts and editors put their heads together to choose the most romantic, interesting, and exciting locales from the “A” of metropolitan areas with the highest density of restaurants and bars. Seattle made the list! Here are their reservation recommendations…
First-time home buyers accounted for 27 percent of sales nationally in December, the lowest since the National Association of REALTORS® began tracking them in 2008. Typically, first-time home buyers account for 40 percent of the market.
Why are their numbers dwindling? Housing experts point to several hurdles, such as high student loan debt, less-than-perfect credit, low employment and wage growth, and the double-digit growth in home prices this past year.
The real estate industry is changing faster than we know. We can keep our eyes on the new technologies that are coming out, but the changes in consumer habits are what will influence our industry the most.
We will see enhanced ways to shoot video, more efficient ways to process paperwork, and cheaper ways to brand ourselves. We see the same changes occurring year after year. But, the game changer is how the consumer attitude matures without the industry taking notice.
Applying for and getting a mortgage is one of the most daunting obstacles to overcome when shopping for a home. The process can be especially scary and confusing for first timers who may be unfamiliar with the various programs out there, or the advantages and disadvantages of each. Here is a quick rundown of the types of mortgages available, to help decide which may be the best option for your own situation.
Savvy sellers try to time their listing just right by waiting until buyers are ready, willing, and able to pay a good price for the property. But there’s one factor that’s often overlooked: time of year. Boost your sale price with these five calendar considerations.
Nearly every city in the U.S. is expected to see economic growth in 2014, according to a new report by the U.S. Conference of Mayors. The city expected to lead the country in economic growth and job gains is Naples, Fla.
Other large cities expected to see big growth this year: Raleigh, N.C.; Atlanta; and Austin, Texas, according to the report, which was conducted by IHS Global Insight.
The bursting of the housing bubble didn’t deter affluent buyers for long.
After the recession, the market for large, expensive homes slowed sharply. Yet despite the bursting of the housing bubble, the ensuing recession and the slow recovery, buyers have not abandoned luxury homes. It turns out that they just took a break. In July 2013, sales of homes costing more than $1 million were up 46.6 percent from the previous July. When it comes to new homes, bigger is again better.
