Residential Property Archive

Global interest

International real estate buyers snapped up an estimated $41 billion in real estate in the US last year. With the recent downturn in home prices, the US is becoming a more and more popular location for overseas buyers looking...
By
June 22, 2011

Walkable cities and changing demographics

Although we are still bouncing off the bottom of the residential real estate cycle, there will be a recovery at some point. Where will it come from and what will drive it? The Brookings Institute released a report recently...
By
November 4, 2010

The Gulf Oil Spill and the Impact on Real Estate

According to government estimates the Deepwater Horizon oil spill has released between 41 and 120 million gallons of oil into the Gulf of Mexico since April. But what will be the impact to area real estate? ...
By
July 1, 2010

NFIP and Homebuyer Tax Credit Closing Deadline Both Extended

From the Realtor Action Center: Congress has passed an extension of the closing deadling for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as...
By
July 1, 2010

Relocation – details and broad strokes

Here at Information Central we are frequently asked for guidance from members looking for information on where people in their community are moving to as well as who is moving in. Generally members are either looking to prospect outside...
By
June 21, 2010

Selling during the holidays

While the holiday season sees the least amount of home shoppers during the year, people who are looking now generally are more motivated to find a home quickly. While juggling the demands of shopping, parties, cookie baking and relatives...
By
December 15, 2008

Impact of vacant homes on real estate

Vacant homes can decrease property values in the neighborhood. “The Center for Responsible Lending, a nonprofit research group, estimates that a home’s value is reduced by about 1% for every home that is foreclosed on or sits vacant in...