Author Archives: Lee Honish

Zillow Offers direct home-buying operation expanding to more markets in 2019

Zillow Offers direct home-buying operation expanding to more markets in 2019

Zillow Offers direct home-buying operation expanding to more markets in 2019 by Nat Levy on January 17, 2019 at 5:00 am Source: https://www.geekwire.com/2019/zillow-offers-direct-homebuying-selling-operation-expanding-markets-2019/ Zillow Offers will go live in at least eight more cities in 2019, including five just announced today. Zillow said today that its direct home-buying and selling service will kick off in […]

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Hottest Housing Markets

Hottest Housing Markets

Hottest Housing Markets Here’s realtor.com’s hot housing market picks that outperform the national forecasted price growth of 2.2%. Lakeland, Florida tops the list with 7.4% forecasted price growth and 5% in home sales growth. Compare that to realtor.com’s national number on home sales growth of -2%. Grand Rapids, Michigan is in the second spot looking […]

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New home sales tank 19 percent to end 2018

New home sales tank 19 percent to end 2018

New home sales tank 19 percent to end 2018 Source: https://www.cnbc.com/2019/01/07/housing-affordability-map.html Sales of newly built homes fell 18 percent in December compared with December of 2017, according to data compiled by John Burns Real Estate Consulting, a California-based housing research and analytics firm. Due to the partial government shutdown, official government figures on home sales […]

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U.S. pending home sales fall unexpectedly in November

U.S. pending home sales fall unexpectedly

U.S. pending home sales fall unexpectedly reuters. com/article/us-usa-economy-homes/u-s-pending-home-sales-fall-unexpectedly-in-november Reporting by Tim Ahmann; Editing by Paul Simao   WASHINGTON (Reuters) – Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the U.S. housing market. The NAR’s pending home sales index decreased […]

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Realtor Accused Of Taking Part In International Crime Ring

Realtor Accused Of Taking Part In International Crime Ring

Realtor Accused Of Taking Part In International Crime Ring That Bought Houses To Grow Pot Source: sacramento.cbslocal. com/2018/12/20/real-estate-broker-international-crime-ring/ By Steve Large December 20, 2018 at 11:45 pm ELK GROVE (CBS13) — An Elk Grove real estate agent is now accused of being involved in an international crime ring. The U.S. Attorney’s Office says Heidi Phong […]

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Fed Raises Rate

Fed Raises Rate

WASHINGTON (Reuters) – After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the U.S. central bank instead did it again, and stuck by a plan to keep withdrawing support from an economy it views as strong. U.S. stocks and bond yields fell hard. With […]

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Bubble Watch: Could stock market gyrations sink California’s housing market?

Bubble Watch: Could stock market gyrations sink California’s housing market?

Bubble Watch: Could stock market gyrations sink California’s housing market? Wall Street and the Golden State housing are a continent apart when its comes to ups and downs. By Jonathan Lansner | jlansner@scng.com | Orange County Register PUBLISHED: December 7, 2018 at 1:43 pm | UPDATED: December 7, 2018 at 2:52 pm Source: www.ocregister. com/2018/12/07/bubble-watch-could-stocks-market-gyrations-sink-californias-housing-market/ […]

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Biggest Housing Stories of 2018:

Biggest Housing Stories of 2018

SOURCE: realtor. com/news/trends/biggest-housing-stories-2018-news-rocked-real-estate-world/ It’s been quite a year—and we’re not just talking about former President George H.W. Bush and Sen. John McCain being laid to rest, the seemingly never-ending twists and turns in the Robert Mueller investigation, or even Beyoncé’s killer performance at Coachella. There’s been plenty of drama in the world of residential real […]

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