Thursday, 27 February, 2020

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Inside Sandra Bullock’s Tybee Island Waterfront Escape – Sotheby’s International Realty | Blog

02/25/2020 Erik Weinbrecht

Whether it’s her roles in wildly popular films like Miss Congeniality, Speed, Demolition Man, or Bird Box, her Academy Award-winning performance in the Blind Side, or her philanthropic work with organizations like the American Red Cross, Sandra Bullock is deeply ingrained in the pop-cultural zeitgeist. It’s no wonder the Hollywood icon purchased this property – now available as three distinct Read more…

Inside Sandra Bullock’s Tybee Island Waterfront Escape – Sotheby’s International Realty | Blog

Erik Weinbrecht

Whether it’s her roles in wildly popular films like Miss Congeniality, Speed, Demolition Man, or Bird Box, her Academy Award-winning performance in the Blind Side, or her philanthropic work with organizations like the American Red Cross, Sandra Bullock is deeply ingrained in the pop-cultural zeitgeist. It’s no wonder the Hollywood icon purchased this property – now available as three distinct Read more…

Sotheby’s International Realty Expands Maryland Presence – Sotheby’s International Realty | Blog

02/24/2020 Erik Weinbrecht

Sotheby’s International Realty Affiliates LLC today announced that Atlantic Shores Realty is the newest member of its global network and will now operate as Atlantic Shores Sotheby’s International Realty. The addition marks the Sotheby’s International Realty® brand’s continued growth in the state of Maryland.  Owned and operated by Ryan Haley and Kristy Haley, the firm is located in Ocean City, Read more…

The Breakfast Club | Six Cozy Kitchen Nooks – Sotheby’s International Realty | Blog

02/22/2020 sothebysrealty

Designed for sunlit lounging and effortless day-to-day dining, these delightful breakfast nooks feature convenient banquettes, bright view windows, and distinctive style that make them appealing any time of day. Classic Style in Russian Hill San Francisco, California | Gregg Lynn, Sotheby’s International Realty – San Francisco Brokerage Near the top of an iconic cooperative building in San Francisco’s Russian Hill, this residence Read more…

Hibernate Luxuriously in This 5,572-Square-Foot Cave Mansion

02/07/2020 Amy Dobson

Stalactites? Check. Waterfall? Check. 4 bedrooms and an illustrious guest list? Check, check! When most people envision their dream home, they describe large kitchens, beautiful hardwood floors and clawfoot tubs. But not John Hay. In the mid-1980s, Hay — founder of the Celestial Seasonings Tea Company and great-great grandson of U.S. Secretary of State John Milton Hay — purchased the Read more…

This Home Looks Like a Barn (But Has Enough Room to Be a Small Castle)

Amy Dobson

If you wanted to, you could drive straight through this home’s living room. But it’s too pretty for that … Like many married couples, the Clarks have a lot in common: a last name, a first name (they’re both Kelly) and an affinity for wide-open spaces — which inspired them to build a 10,000-square-foot barn-style home on 30 acres Read more…

Is This Startup Blending Proptech And Insurtech The Best Of Both Worlds For CRE Portfolio Management?

02/04/2020 Angelica Krystle Donati

Rear view of a relaxing trader who is sitting in front of a trading station which consists of four … [+] screens with financial data. A concept of forex trading. Singapore panoramic view. Getty In my last column, I asked seven leading proptech VCs to share their predictions for the sector in 2020 and beyond. Amongst other things, they expect Read more…

The Hidden Reason Why House Prices Are Too High (And Income Growth Is Too Low) — Appraisal Creep

01/04/2020 John Wake

Does the typical appraisal protect you from overpaying for a house? If it doesn’t, what would that mean for house prices in general? A study looked at a particular set of 8,533 houses that Fannie Mae foreclosed on from 2012 to 2015 and where two appraisals were done on each house. The first appraisals were done right after Fannie took Read more…

Jennifer Micklos, top 1% originator from Movement, to speak at engage.talent – HousingWire

01/30/2020 Housing Wire

Lenders want to understand what’s most important to top producing loan officers, which is why we’re excited to feature Jennifer Micklos, a top 1% originator and branch leader at Movement Mortgage, as a speaker at the engage.talent summit Feb. 6. Micklos has been ranked in the top 1% of mortgage originators nationally every year since 2016, and has also been Read more…

Homeownership rate rises to a 6-year high – HousingWire

Housing Wire

The U.S. homeownership rate rose in the fourth quarter to the highest level in six years as low mortgage financing costs helped more people to buy properties. The share of Americans who own their own home was 65.1%, rising from 64.8% in the same period a year earlier, the Census Department said in a report on Thursday. The homeownership rate Read more…

This couple paid off their $300,000 mortgage in 5 years then took a year off to travel

02/26/2020 brian coester

Rob and Reshawn Lee have always wanted to travel. But between juggling family, busy careers and bills, they made it into their 40s without seeing much of the world. Rob had a successful career in IT, and Reshawn worked in sales. Together, they would take home more than $200,000 in a good year. “We just thought we will never have Read more…

Home prices increase 3.8% in December, a big jump from November, according to S&P Case-Shiller

02/25/2020 brian coester

A real estate agent readies a house for viewing in Venice, Calif. Anne Cusack | Los Angeles Times | Getty Images The housing market heated up at the end of 2019, and that was reflected in growing gains in home values. In December, home prices rose 3.8% annually on the S&P CoreLogic Case-Shiller National Home Price Index. That is up Read more…

Delinquencies are at Lowest Levels Since 2000

02/21/2020 brian coester

Tighter underwriting and a strong economy seemingly continue to be reflected in mortgage loan performance. In its “first look” at January loan data, Black Knight says the national delinquency rate hit the lowest level since they began tracking it in 2000. The rate, 3.22 percent, represents a 5.4 percent decline from December and 14.2 percent year-over-year. The company says the Read more…

MBS Day Ahead: For Now, It’s Rally Time

brian coester

The bond market specializes in making bets about future economic realities even as the stock market reflects shorter-term performance of the biggest companies.  “Shorter-term” in this context means a heavy weight given to present day stats and an outlook that extends not more than a year or two into the future.  Bonds, on the other hand, have an outlook that Read more…

Toronto New House Prices Fall, But Condos Rip To A New All-Time High | Better Dwelling

02/26/2020 Better Dwelling

Greater Toronto new home sales are back above typical volumes for the month. BILD and Altus Group data shows a big climb in sales this past January. The increase in sales helped to push condo apartment prices to a new all-time high. Meanwhile, single-family homes continue to spiral lower. House Prices Fall, While Condos Make Big Gains The price of Read more…

Canadian Residential Investment Is Seeing Growth Accelerate | Better Dwelling

02/25/2020 Daniel Wong

Canadian investment in construction of residential real estate has returned. Statistics Canada (Stat Can) data shows investment in residential building increased in December. The level of growth isn’t as high as it was just a few years ago. However, growth has been accelerating since the end of the election. Canadian Residential Investment Rises To $97 Billion In 2019 Canada’s residential Read more…

The Spread of Zombie Properties

02/27/2020 bcoester

According to a new report, 1.52 million U.S. single-family homes and condos in the United States are vacant, representing 1.5% of all homes. The ATTOM Data Solutions Q1 2020 Vacant Property and Zombie Foreclosure Report, which analyzes publicly recorded real estate data collected by ATTOM Data Solution, reports that about 282,800 homes are in the process of foreclosure, with about Read more…

Puerto Rico Disaster Recovery Speeding Up

02/26/2020 bcoester

According to Peter Brown, the White House special representative for Puerto Rico’s disaster recovery, the pace of federally funded projects to help hurricane and earthquake victims has quickened. However, according to Yahoo News, Brown is worried about long term efforts. “The reputation seems to lag the reality. The reality is improving,” Brown said, adding that he will report to President Read more…