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Tag Archives: Year

Gifting Your Children Their First Home Could Be the Best Holiday Present This Year

Mike Mondello isn’t just a real estate agent. He’s also a parent. And as a parent, he wants the best for his children. That might include helping them buy their first homes. Mondello, managing broker of RE/MAX Synergy with offices … Continue reading

Apartment Production up Strongly Year Over Year

The Census Bureau’s preliminary estimate for starts in buildings with five or more apartments in July came in at 229,000 units (at a seasonally adjusted annual rate), up 9.6 percent from the revised figure for June (revisions to the May … Continue reading

Home Foreclosures in L.A. County, State Drop Nearly 50 Percent from Year Ago

(MCT)—Foreclosures in California plunged 48.5 percent in the second quarter from a year earlier as the residential real estate market continued recovering from its historic collapse, a market tracker said Monday. The number of foreclosures fell significantly across the state, … Continue reading

Pending Home Sales Slip in June, Remain above a Year Ago

Pending home sales declined in June but marked 14 consecutive months of year-over-year gains, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, slipped 1.4 percent to 99.3 in June … Continue reading

What to Do in This Year: Rent or Buy a Home?

Today is a tempting time to buy a home with interest rates and prices at their lowest levels in years. Deciding whether to buy or rent can be complicated, and potential homebuyers have a lot to consider this summer. As … Continue reading

Market Tracker: February Existing-Home Sales Up Strongly from a Year Ago

February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of REALTORS®. Sales were up in the Midwest and South, … Continue reading

2012 Is the Year of the Political Economy

Fiscal policy issues and political economic uncertainty will take center stage in determining the degree of consumer and business activity—key drivers of economic growth—during 2012, according to Fannie Mae’s (FNMA/OTC) Economics & Mortgage Market Analysis Group. The forthcoming presidential election,… … Continue reading

Markets Seen Stabilizing This Year

Home prices this year cease their decline and gain 0.2 percent across all markets as more and more individual markets stabilize in the months to come. However, though national prices will be flat, some 40 percent of the top 50… … Continue reading

The More You Know: Record-Breaking Year of Natural Catastrophes Changing How Homeowners Plan for Disasters

CoreLogic (NYSE: CLGX), a provider of information, analytics and business services, recently released its first-ever Natural Hazard Risk Summary and Analysis, detailing the record-breaking natural disasters that struck the United States in 2011. The report provides an analysis of significant… … Continue reading

Legislative and Regulatory Recap – The Year in Review

Editor’s Note: The below article, which originally appeared in the December 2011 issue of Real Estate magazine, features updated information regarding the National Flood Insurance Program. The NATIONAL ASSOCIATION OF REALTORS® (NAR) is a leading advocate regarding federal legislative and… … Continue reading