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The week in industry hires and promotions: June 27-July 1, 2016

Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires June 28 Sandra Eaton The Mark Company, a San Francisco-based urban residential development sales and marketing firm, announced that Sandra Eaton is the new vice president of sales, and that Matt Dietsch has been promoted to senior […]

Real estate market recap, June 27-July 1, 2016

Check Inman every day for the daily version of this market roundup. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan […]

New York in a week: June 27-July 1

Need news in a flash? Here’s what’s happening in your community CoreLogic reported the highest rates of foreclosure by state, with New Jersey leading the pack, followed by New York, which reported 3.2 percent rate of foreclosure. OneTitle National Guaranty Company, Inc. released a report finding that homebuyers and investors in New York paid an estimated $155.3 […]

South Florida in a week: June 27-July 1

Need news in a flash? Here’s what’s happening in your community. Growth in homeownership is coming on strong from Hispanic homebuyers, according to a new report, with three states in particular seeing the highest increases: California, Texas and Florida. Many South Florida Realtors are vouching for the strong selling opportunity in the area, which includes Palm Beach County, St. Lucie […]

ZIP code profile: 60532

The 60532 ZIP code comprises the city of Lisle, about a 35 minute drive from Chicago. The area sits in DuPage County and borders numerous golf courses an nature preserves. 60532 home values growth split through 2016 Click To Tweet According to Best Places, the ZIP code has a population of 26,695 and an unemployment rate of 6 percent, and […]

Chicago rent growth lagging behind warmer regions

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]

ZIP code profile: 90505

The 90505 ZIP code comprises part of the city of Torrance, about a 50 minute drive from Los Angeles. The area sits in Los Angeles County and is known for its easy climate, low crime rates and proximity to the Pacific Ocean. Majority of 90505 home values to increase through 2016 Click To Tweet According to Best Places, the ZIP […]

Are housing bubbles reinflating in 3 major cities?

Just 10 years ago, easy credit and lax banking lending standards in the U.S. residential real estate market were partly to blame for a housing bubble that popped and caused over 7 million borrowers to lose their homes to foreclosure during the 2008 housing downturn, which triggered the Great Recession and unleashed a global financial […]

Are open houses worth it?

In this week’s video, Peter Lorimer of PLG Estates talks about the value of consistently holding open houses — even when you have multiple offers. Source: click here

Top comments of the week June 27-July 1

Our readers weighed in on the impact of ‘Brexit,’ technology’s gains and limitations, when social media discussions cross the line and more. Here are our top comments of the week (in no particular order). Kate Howell · Commented on Why the broker-centric model is in decline | Inman Yes, but once again the value I bring […]

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