Tag Archives: Association Of Realtors

Big Banks Bet on Jumbo Mortgages Again

As home prices rise, though, the opportunity grows in the jumbo market. Sales of homes priced between $750,000 and $1 million were up 41 percent in April from a year ago, while sales of homes priced below $100,000 were down … Continue reading

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Housing Investors Cool on Buy-to-Rent Model

Nearly half the investors surveyed said they planned to cut back on purchases of homes in the coming year; in a survey last August, just 30 percent said they planned to cut back. Only 20 percent of investors said they … Continue reading

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Rising Mortgage Rates, Home Prices a Lethal Brew

Still, rising rates could not come at a worse time for the housing recovery. Home prices rose over ten percent in March, according to the latest surveys from SP/Case-Shiller. Every one percentage point rise in mortgage rates reduces the average … Continue reading

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Vacation Home Sales Sizzle, Rentals Booking Fast

“We’re getting the calls again from people looking to really buy, buy into the market and start renting again,” said Lipscomb. The impact of Super Storm Sandy is less apparent further south on Hilton Head Island in South Carolina. “It’s … Continue reading

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San Francisco median home hits $1 million

This home at 6905 Norfolk Road in Berkeley boasts four bedrooms and three bathrooms for $1,095,000 or $322 per square foot. See listing here. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn The median price for a … Continue reading

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