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Daily market update: June 28, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest.   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 | […]

55places.com bridges online search and brokerage services

His laptop may have been held together with duct tape, but Bill Ness had an idea that was perfectly intact. In 2007, Ness’ experience in active adult community real estate sales and an entrepreneurial spirit culminated to fill a void he saw in the Illinois market — a central resource for people to discover and […]

First-time homebuyers facing backlash of improving housing market

Buying a home for a first-timer is exciting. Aside from the actual transaction, the hunt for a home and figuring out wants versus needs is part of the process. And then, when you do secure that home, it’s nothing short of a celebration for you and your client. However, an increasing problem for first-time homebuyers scouring the […]

Ailing Bovision becomes a property search pioneer

Reposted with permission from AIM Group‘s Classified Intelligence Report. Bovision in Sweden is transforming itself from an ailing real estate vertical into a property search engine — the first of its kind in the country. The company has launched a test site and is looking to grow from its current small team of two employees. Peter […]

How sellers can catch the first-time buyer wave this summer

The spring real estate market has been one of the busiest in nearly a decade, with homes moving the fastest since the start of the housing recovery, and asking prices reaching record highs. As the summer market heats up, first-time homebuyers are expected to make significant contributions to the already-impressive buyer pool, catapulting demand higher than […]

Luxury listing: solarium in Sutton Place

This Manhattan condo sits in the former Sutton Hotel and comes with a modern furniture collection curated by architect Edward Asfour of Asfour Guzy. The fully-furnished apartment also features a magnificent solarium, complete with south, east and north exposures of the city. PreviousNext jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);$(“#ism-slideshow-1”).on(“slid.bs.carousel”, function () {jQuery(this).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);});}); The one-bedroom, one-bathroom unit is listed at $2.3 million with AKA […]

ZIP code profile: 92835

The 92835 ZIP code comprises part of the city of Fullerton, about a 45-minute drive from Los Angeles and 20 minutes from Anaheim. Part of Orange County, the area is home to numerous colleges and is known for its entertaining downtown district, dubbed “Bourbon Street West” by OC Weekly. Majority of 92835 home values to rise through 2016 Click To Tweet According […]

Pharrell unloads Miami penthouse for $9.25 million

Pharrell Williams has a reason to be even more “Happy” these days. The world-famous singer and producer is one Miami penthouse short, but $9.25 million richer after his lavish condo overlooking Biscayne Bay sold last week. The cylindrical, two-story Miami penthouse is fit for a celebrity, offering 360-degree views of the Atlantic Ocean and Miami […]

Rising price, fewer sales in Southern California housing market

Typical of the late Spring season, sales within the Southern California housing market jumped between April and May, according to CoreLogic’s latest data brief. While the upward monthly shift is historically standard, May’s total sales were lower than the long-term average. Encompassing Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties, the number of home sales grew […]

Texas home prices on the rise, forecasted to climb

CoreLogic’s June report finds that loan refinancing doesn’t make sense for a lot of current homeowners in the U.S. Forecasts predict mortgage rates will increase this year, so CoreLogic used its data to determine refinancing conditions, mortgage denial rates and the overall health of the housing market throughout the nation. As of May 12, 2015, the […]

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