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This Week in Real Estate: Home Sales Lift Forecasts for Growth; More Homeowners Refinancing
Existing Home Sales Reach Eight-Month High Existing home sales touched an eight-month high in June. That’s an indication that the housing market may be going gangbusters. Sales increased 2.6 percent to an annual rate of 5.04 million units last month. That’s not the...This Week in Real Estate: Once-Dismal Areas Now Profitable in New York; Homebuilder Confidence Up
Investors Making Money in Once-Neglected New York Neighborhoods Harlem. Bedford-Stuyvesant. The South Bronx. These neighborhoods were once shunned by real estate developers and home buyers alike, as they were known for high crime rates and poverty. Not anymore. Home...This Week in Real Estate: Chinese Investors Spur Sales; Outlook ‘Promising’ for Summer; Mortgage Applications Up
Chinese Buyers Snapping Up U.S. Real Estate The U.S. housing market recovery is going gangbusters—much of it being fueled by foreign investors, many of whom are Chinese. So, keep an eye out for those out-of-town buyers. They often have deep pockets and even deeper...This Week in Real Estate: Housing Market Avoids Bubble; Novel Luxury Home Marketing and More
Housing Bubble Worries Are Evaporating All that news about another bubble threatening the housing market is fizzling out. The upside for the industry is that prices now seem to be rising at a slower, steadier pace, stemming bubble fears. The last two years recorded...
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