Archive for February, 2011

Why You May Want to Consider Charlotte

Monday, February 28th, 2011

Don’t be fooled by the sweet Southern accent; Charlotte is the second-largest banking capital in the U.S., behind New York City. With the University of North Carolina nearby and tons of cultural attractions, this is a city that won’t get tired. The market is reflecting what residents already know: Median home prices hopped to $205,400 [...]

Best Cities to Buy a Home: San Francisco

Monday, February 28th, 2011

The City by the Bay may be pricey, but it’s one of a kind. If high culture, good food and great architectural bones are to your taste–this is the town for you. If a median home price of $805,000–up $52,800 from 2005–and cold, damp weather all year long aren’t, you might try somewhere else. This [...]

Manhattan Rents Decline 6-9% Year-Over-Year

Wednesday, February 23rd, 2011

Weakness in the job market continued to put pressure on apartment rents in Manhattan, driving them down 6-9% year-over-year. As the economy shifted and people were laid off and bonuses cut, landlords had no choice but to reduce asking prices. Rents are expected to continually decrease over the coming months.

Home Sales in Dallas Getting Tougher

Monday, February 21st, 2011

For the third year in a row, Dallas-area home sellers are hoping the spring housing market will end the residential sector freeze. It’s too early to tell. A flood of foreclosures, home financing hurdles and an iffy national economy are all keeping the housing rebound in check. And Texas has been a few step behind [...]

Get Organized When Buying a Home

Saturday, February 12th, 2011

The house is now easier than ever because technology lets buyers preview properties online without ever leaving their living rooms. You can see pictures, videos, satellite views and then venture out to actually visit the three or four you like the most. If there are two dozen places that meet your criteria try driving by [...]

Commercial Real Estate on the Rebound

Friday, February 11th, 2011

In 2009, the doomsday crowd was preaching that the commercial real estate market would crumble much like housing and trigger a double dip recession. That fear is looking more and more distant. Today, the Mortgage Bankers Association provides some additional evidence that there’s no commercial real estate storm on the horizon after all. The MBA [...]

Investing in Jacksonville

Tuesday, February 8th, 2011

Since 2000, Jacksonville’s population has grown an impressive 8%. Meanwhile, median home prices have climbed 14% in the last 24 months to $189,200. Along with its other virtues, sunshine-rich Jacksonville came in at No. 3 in a Cleanest Cities list thanks to fresh air and clean water.

Best Place to Buy Atlanta

Tuesday, February 8th, 2011

A city that constantly tops many lists of best places for just about anything, Atlanta is a great place to buy a home. With median properties in the $170,000 neighborhood, this booming city is affordable and packed with things to do. Ranked No. 6 on the 2008 Best Places For Business list, Atlanta has jobs [...]