Massachusetts Home Prices Up for Second Straight Month in January
WALTHAM, MA - February 23, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that median prices of single-family homes were up 14.1 percent compared to January 2009 while condominiums experienced 26.5 percent increase compared to the same time last year. The jump in median condo prices in January is the largest annual increase since MAR has been tracking median prices. Home sales were up 9.1 percent compared to the same time last year while condominium sales were up 35 percent.Full article: Massachusetts Home Prices Up for Second Straight Month in January ...
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- VOIT REPORTS POSITIVE NET ABSORPTION FOR THE TENTH CONSECUTIVE QUARTER IN INLAND EMPIRE INDUSTRIAL MARKET
Inland Empire, CA - February 2, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Inland Empire industrial market displayed positive net absorption for the tenth consecutive quarter, posting 1.8 million square feet, for a total of 13.6 million square feet in all of 2011, according to the Fourth Quarter Market Report from Voit Real Estate Services. The market demonstrated steady activity in Q4 2011, as vacancy dropped 22 percent below its 2010 rate and construction began on a number of large industrial properties, according to Walt Chenoweth, Executive Vice President of Voit’s Inland Empire office.
- Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.
- CHFA Mortgage Rate hits a historic low of 3.250%
ROCKY HILL, CT - January 31, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 percent for a 30-year fixed mortgage. “The interest rate has been gradually decreasing this year, but this is the lowest rate in the 42-year history of CHFA,” said John Craford, Executive Vice President. According to a recent Freddie Mac survey, the nationwide 30-year fixed rate mortgage average was 3.88 percent, down from 4.74 percent at the same time last year.
- Agents Take the Helm at RE/MAX Countryside in Hoffman Estates
CHICAGO, IL - January 31, 2012 - (RealEstateRama) -- RE/MAX Countryside at 1634 W. Algonquin Road, Hoffman Estates, Ill., is now under new ownership. Enrique Aguilar and Sergio Cardoso, who have been affiliated with the office as agents, purchased the ...
- Most Likely Housing Markets to Recover Announced
Destin, FL - January 30, 2012 - (RealEstateRama) -- The five most likely U.S. metropolitan housing markets forecast to recover in 2012 are being announced by Housing Predictor, which forecasts more than 230 cities housing markets. The pack is lead by Miami, Florida and has a handful of what might appear to be polar opposites.
- New-Home Sales Slip 2.2 Percent in December
WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newly released figures from the U.S. Commerce Department.
- TRYKO CAPS YEAR OF GROWTH WITH ATLANTIC CITY MULTIFAMILY ASSET
BRICK, N.J. - January 26, 2012 - (RealEstateRama) -- With the January acquisition of Barclay Arms in Atlantic City, N.J., private equity real estate group Tryko Partners, LLC, marked a 12-month period of aggressive growth that nearly doubled its multif...
