Posts Tagged: 2013

San Francisco Condo Prices Up 18% in 2013

San Francisco condominium prices rose 18 percent in December 2013 over the previous year, according to the Condominium Pricing Index released by The Mark Company, an urban residential marketing and sales firm. Yet new construction inventory was 78 percent lower than a year before. “With so few new condominiums now for sale in San Francisco,… Read more »

Should You Buy a Home in 2014?

2013 was an up and down year for mortgage interest rates, though they remained relatively low. What can we anticipate for 2014 and will it be a good time to think about buying a home? The Web site which offers prospective buyers advice on the ever-fluctuating mortgage rate market in a down-to-earth style, says… Read more »

Today’s Real Estate Report: Florida

Today we’ll take a look at the Florida real estate market. Things are improving there slowly – in Southern Florida, underwater mortgages have dropped from 47% of all homes last year to 39.6% now, the Sun Sentinel reports: In the fourth quarter, 39.6 percent of mortgaged homes across Palm Beach, Broward and Miami-Dade counties were… Read more »

Today’s Real Estate Report: Canada

Across Canada, home prices inched higher in December, even as sales were down year over year, CBC News reports: Canadian home prices ticked a little bit higher in December, with the average value of a resale home rising 1.6 per cent to $352,800, according to figures released today. Prices ticked higher even after a large… Read more »

2013 Likely to Be Good for Saskatchewan Real Estate Market

The Executive Officer of the Saskatoon Region Association of Realtors expects Saskatchewan’s major cities to continue doing extremely well next year. Jason Yochim says nationally, the realty marketplace is looking at a slight decrease this year, driven by the larger centres like Toronto and Vancouver, but Saskatoon and Regina will continue to be in the… Read more »

The US Housing Market in Review: What to Watch for in 2013

The US housing market has experienced a dramatic impact over the past three years. Recent economic collapses have changed the market forever. For planners and developers, the reality is just now sinking in. From the buyer’s perspective, a home generally represents a family’s biggest expenditure, but for homeowners it also represents a significant source of… Read more »

Utah Commercial Real Estate Outlook Positive

Overall, Utah’s commercial real estate market had a positive 2012. Throughout the year markets statewide fluctuated with the economy and presented significant opportunities for owners, investors and users of commercial real estate. The positive momentum experienced throughout 2012 has made commercial property owners and brokers excited and optimistic for 2013. A prevailing sentiment throughout the… Read more »

Boise Home Sales to Continue Growth in 2013

Trey Langford talks to Boise home builders and prospective home buyers on a regular basis and continues to hear that optimism is growing. For five years builders have waited for the market to return and 2012 indicates that the demand for living in Boise is back. In 2011 nine thousand people moved to Boise but… Read more »

Costa Rica Called Best Place to Buy Real Estate in 2013

Costa Rica has been ranked as the best country for real estate investments in 2013, according to the International Real Estate Investments Magazine. Sarah Roberts, an executive with International Real Estate Investments Magazine stated that the northern hemisphere of the world has become a global liability. “We all know that there is constant duress with… Read more »

Kansas Housing Market Expected to Show Growth in 2013

REMI issued its observations on a study released recently by researchers at Wichita State University forecasting substantial growth for the housing market in 2013, asserting that it would help real estate sellers in the area as the prices and demand grow into the coming year. Economic researchers at the University of Wichita released a forecast… Read more »

CA: San Diego Economy Likely to Remain Weak Thru 2013

San Diego will see a period of slow growth as it continues rebuilding from the recession, with some positive signals in commercial real estate and Asian tourism, a panel from UCLA’s Anderson Forecast said Monday. Those experts predict the national economy will gradually rebound in mid-2012, expanding by a modest yearly pace of 2.5 percent… Read more »

When Will US Housing Market Bottom Out? Maybe 2013

The housing market is going to take a long time to recovery, and home prices could continue dropping into 2013, experts told reporters and other industry insiders at a recently concluded real estate writers. “Right now we are in a tremendous flux due to this overhang (of homes facing foreclosure),” said Jed Smith, director of… Read more »