Real Estate Homes

Century 21 Franchise Sales Dept

Mon, 01 Feb 2010 09:21:57 -0500

Century 21 Real Estate has appointed a new senior vice president of franchise sales, according to a company announcement. New York native James Ramsey, formerly the New Jersey-based organization's senior vice president of field services, joined the real estate franchisor in 2000.

Real Estate Agents Industry Watchdogs Calls

Fri, 08 Jan 2010 14:39:20 -0500

About 70 complaints are being followed up by the new real estate industry watchdog, less than two months after its launch. The Real Estate Agents Authority opened for business on November 17 and has been inundated with calls. It received up to 700 calls a week from the public and licence holders in the first weeks. That has now levelled off to about 200 a week, authority chairwoman Kristy McDonald said yesterday.

U.S. Office Vacancy Rates 2010-2011

Fri, 08 Jan 2010 14:33:44 -0500

The U.S. office vacancy rate hit a 15-year high in the fourth quarter and landlords slashed rent last year by the largest amount since at least 1980, real estate research firm Reis Inc said on Friday.

Silicon Valley Real Estate Vacancies 2010-2011

Fri, 08 Jan 2010 14:31:44 -0500

Imagine 15 Empire State Buildings, all of them sitting empty. That real estate broker's nightmare comes to more than 43 million sq. ft., which is how much commercial space stood vacant in Silicon Valley as of the end of the third quarter, according to CB Richard Ellis Group (CBG). And though vacancy rates in the Valley have not reached the levels seen in the wake of the dot-com bust, property owners may be worse off today. That's because many defunct Internet companies back then continued paying rent through the venture capital firms that funded their leases. Now Valley players that have survived the hard times are fighting for and in many cases winning sizeable discounts on rents that are already off some 20% from last year's levels.

San Diego Jobs 2010-2011

Fri, 08 Jan 2010 14:29:12 -0500

By Jose Pena - Experts shared a mixed economic forecast Thursday, erring on the optimistic and predicting slow job growth in 2010. A renewed threat of terrorism and the federal government’s rapidly accruing debt, however, could create a double-dip recession that would halt recovery, they said.

New Mexico Real Estate Construction Jobs

Fri, 08 Jan 2010 14:27:25 -0500

The job picture for real estate and construction in 2010 in New Mexico appears slightly brighter than 2009. There most likely will be new construction jobs for road, bridge and home builders, while office and shopping center contractors could continue to shed jobs this year. In the white collar arena, commercial real estate brokerages made cuts in 2009, but hope to start rehiring in the second half of 2010 if business picks up. Residential real estate is improving, and there are current job openings for mortgage processors and brokers.

2010 Real Estate Market Mortgage Jobs

Fri, 08 Jan 2010 14:21:40 -0500

In the case of the homebuilding industry, that adjustment could take until mid-2013, when the National Association of Home Builders expects production and employment to return to something resembling normal.

"In housing, we 're going through an abnormal cycle," says David Crowe, chief economist at the trade group. "We started losing jobs almost two years before the rest of the economy, in late '05, early '06. We usually go in first, but come out first. That's not going to happen this time. We're expecting weak job growth in general in 2010."

1st Time Homebuyer Home Ownership Demand

Thu, 12 Nov 2009 10:51:00 -0500

Despite today’s challenging economy, demand for home ownership remains strong and first time buyers make up a significant segment of all potential buyers. Nearly ten percent (9.8%) of consumers say they plan to buy a home in the next two years, with 5.4 percent planning to purchase in the next 12 months. Of those planning to purchase a home in the near future, nearly half (48.3%) are first time buyers, with women (52.8%) slightly more interested in entering the housing market than men (44.1%).

About Real Estate Investors Todays Housing Markets

Thu, 12 Nov 2009 10:48:05 -0500

Affordable prices and foreclosures are attracting investors to the housing markets today, and the number of consumers interested in investing in real estate has doubled since March 2009, according to the new Move.com Homeownership Survey released today. Low prices and foreclosure bargains have also become the most important reasons motivating buyers today to purchase a home.

Tips Video Camera Real Estate Agent Recordings

Mon, 09 Nov 2009 10:07:07 -0500

Mortgage Debt Higher than Home Values

Mon, 09 Nov 2009 09:55:47 -0500

Hipotecas - November 2009 - The percentage of U.S. homeowners with mortgage debt that exceeds the value of their home declined slightly from the second to third quarters, in part because home prices are stabilizing but also because many homeowners who had been underwater lost their homes to foreclosure, Zillow.com reported today.

New Home Sales 2009 September Tax Credit Expires

Wed, 28 Oct 2009 11:27:30 -0500

New home sales fall a surprising 3.6%. September new US home sales post surprise drop as benefit of first-time buyer tax credit wanes. Sales of new U.S. homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane.

The Commerce Department said Wednesday that sales fell 3.6 percent to a seasonally adjusted annual rate of 402,000 from a downwardly revised 417,000 in August. Economists surveyed by Thomson Reuters had expected a pace of 440,000.

Tips How to Selling a House Preparations

Fri, 23 Oct 2009 10:57:11 -0500

Tips to Sell Your House - What do you do if you're on the wrong side of a slowing market? Selling in a slump is part mental adjustment, part common sense. Here are some critical pieces of advice for selling your home in this market:

Home Re-Sales September 2009 Increase

Fri, 23 Oct 2009 10:18:19 -0500

Home resales rose far more than expected last month to the highest level in more than two years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.

The National Association of Realtors says sales rose 9.4 percent to a seasonally adjusted annual rate of 5.57 million in September, from a downwardly revised pace of 5.1 million in August. Sales had been expected to rise to an annual pace of 5.35 million, according to economists surveyed by Thomson Reuters.

The median sales price was $174,900, down 8.5 percent from a year earlier, but the smallest annual drop in 13 months.

Increase in Home Sales September 2009

Fri, 23 Oct 2009 10:09:05 -0500

Home resales are expected to show an almost 5 percent increase to a seasonally adjusted annual rate of 5.35 million, up from 5.1 million in August, according to economists polled by Thomson Reuters. If the report meets forecasts it would be the best month for home sales in more than two years.

The sales jump, however, could be far larger than Wall Street expects, according to a monthly survey of 1,500 real estate agents for Campbell Communications, a research firm. That's because foreclosure sales are booming in cities like Los Angeles, San Diego and Las Vegas.