Daily Real Estate News  |  April 4, 2011  | Urban Areas See Jump in Young Buyers Living downtown is becoming increasingly appealing to college-educated 20- and 30-somethings. In two-thirds of the country's 51 largest cities, the college-educated population in the past decade has grown twice as fast within 3 miles of urban centers when compared to the rest of the metro area, the USA Today … [Read more...]

Why New Homes Don't Sell |AnnaMaria Andriotis (Author Archive) | March 31, 2011 WSJ-Smart Money | Once a common home buyer's dream, new homes have lost some of their appeal. Instead, it's fixer-uppers and foreclosures that have been capturing buyers' attention, creating a window of opportunity for those still looking for new construction. While the real estate market has struggled … [Read more...]

Mortgage Rates Edge Higher |by DREW FITZGERALD WSJ MARCH 31, 2011| Mortgage rates ticked up again in the latest week as inflation concerns eased somewhat, according to Freddie Mac's weekly survey of mortgage rates. The 30-year fixed-rate mortgage averaged 4.86% in the week ended Thursday, up from 4.81% the previous week but down from 5.08% a year earlier. Mortgage rates generally track … [Read more...]

Daily Real Estate News  | April 1, 2011  | Bargain-Seeking Home Buyers on the Hunt Housing prices across the country are at multi-year lows and mixed with low interest rates bargain hunters are targeting real estate. More investors are heading to the market looking to make cash buys for real estate, investing in second or even a third home, Reuters News reports. "We're starting to get a … [Read more...]

Daily Real Estate News  | April 1, 2011| Home Owners See Big Value in Remodeling The do-it-yourself home improvement market has faced a 21 percent drop from 2005-2010, according to the latest research from market researcher Mintel. Yet, that’s not due to lack of will on home owner's part, but more about lack of money, according to the survey. More than a quarter of DIYers surveyed said they … [Read more...]