U.S. foreclosures drop to 9-year lowIRVINE, Calif. – Feb. 2, 2017 – In 2016, distressed sales hit a nine-year low, according to ATTOM Data Solutions latest report. In the U.S., 16.2 percent of single-family home and condo sales were distressed sales – bank-owned sales, short sales or foreclosure auctions sold to third-party buyers – down from 18.8 percent of all sales in 2015. …continue
Home improvements: Which ones recoup the most money?NEW YORK – Jan. 19, 2017 – If a home improvement project costs $1,000, how much money will the homeowner get back if he sells the home – his return on investment (ROI)? In 2017, only attic insulation recoups more than its cost. …continue
New-home forecast: A climb to higher ground in 2017ORLANDO, Fla. – Jan. 11, 2017 – Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production will continue a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. …continue
95% of foreign investors will spend more in the U.S.WASHINGTON – Jan. 4, 2017 – The world’s the largest international institutional real estate investors plan to boost their U.S. investing this year, with 95 percent of respondents in a new survey saying New York City remains at the top of their list. …continue
