Real Estate News 4.21.14

1.Listing in winter may yield higher home price
“WASHINGTON — It’s common knowledge verging on holy writ in real estate: Spring is the absolute best time of the year to sell a house.”

2.Property-Tax Collections Rising at Fastest Pace Since U.S. Crash
“Property-tax collections are rising at the fastest pace since the U.S. housing market crash sent government revenue plunging, helping end an era of local budget cuts. “

3.Gauge of US Economy up for 3rd Straight Month
“A measure of the U.S. economy’s health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy’s pace to slow.”

4.Rent or buy a home? This map has the answer
“To help make the decision simpler, RealtyTrac crunched the numbers and created an interactive map of the rent/buy fault lines across America”

5.Home sales getting crimped by more than the weather
“Officials will release monthly sales data this week for new and existing homes, and economists polled by MarketWatch expect to hear that both series remained at lackluster rates in March. “

6.A mortuary of 7,000,000 foreclosures and counting: Nation still faces 9.1 million properties that are seriously underwater.
“If a foreclosure happens in the wilderness, does it make a sound? It seems like people have conveniently forgotten that since the housing crisis hit we have witnessed more than 7,000,000+ foreclosures.”

7.Economy Stuck in Lower Gear But Expected to Accelerate in Q2 2014
“WASHINGTON, DC – A slow growth pattern dominated the first quarter of the year, but the economy is expected to gain momentum in the second quarter amid an increase in government spending and diminishing drag from a slowdown in inventory stockpiling, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group.”

8.Is starting a team the right solution for your real estate business?
“At Real Estate Connect, Ben Kinney, who runs one of the most successful real estate teams in the country, claimed, “Real estate teams are the future of real estate.” Whether you agree or disagree, before you go down the path of starting a team make sure you are prepared for what is required.”

TonyAlvarez.com

Leave a Reply

Your email address will not be published. Required fields are marked *