Why Builders Are Worried About Millennials DAILY REAL ESTATE NEWS | WEDNESDAY, JUNE 25, 2014

Millennials are going to be a big force in the housing industry in the years to come, but for homebuilders, they may be trouble. Columnist Jeff Reeve writes in The Wall Street Journal that homebuilders should be worried about millennials’ impact to their bottom line. The generation tends to have a personal taste for urban living and … Continue reading Why Builders Are Worried About Millennials DAILY REAL ESTATE NEWS | WEDNESDAY, JUNE 25, 2014

Douglas Elliman will pay to make all 9,000 of its listings ‘featured’ on Zillow Brokerage

by Paul Hagey staff writer for Inman news Jun 24, 2014 Douglas Elliman Real Estate, the U.S.’s fourth-largest brokerage, will begin marketing its more than 9,000 listings on Zillow this week. Under the marketing partnership, the New York City-based firm’s listings will show up as “featured listings” on Zillow, pushing them to the top of search … Continue reading Douglas Elliman will pay to make all 9,000 of its listings ‘featured’ on Zillow Brokerage

Why bitcoin may turn out to be more than a fad and have a significant impact on real estate Published June 6, 2014 | By ListedBY The below article was an interview that was posted by Inman News (Reference)

Ray Sturm is the co-founder of RealtyShares, a company that allows accredited investors to crowdfund real estate transactions. The company is also one of the first in the real estate space to accept bitcoin as a currency for purchases. Bitcoin is a virtual “cryptocurrency” that has its own valuation and exchanges. Tech pundits have debated … Continue reading Why bitcoin may turn out to be more than a fad and have a significant impact on real estate Published June 6, 2014 | By ListedBY The below article was an interview that was posted by Inman News (Reference)

What your paycheck will buy in 27 cities

How much do you need to earn in order to afford the principal and interest payments on a median-priced home in your metro area? HSH.com crunched the numbers. Metro area Median home price Annual salary you need to buy Cleveland $102,100 $29,800 Pittsburgh $120,000 $30,200 St Louis $120,500 $31,300 Cincinnati $121,700 $31,900 Detroit $110,750 $32,300 … Continue reading What your paycheck will buy in 27 cities

Bank Foreclosures Listed Far Below Regional Selling Prices

RealtyStore, a provider of a broad variety of real estate listings, recently released a report outlining average selling prices for bank foreclosures. The company found the median price of bank foreclosures for sale in six select states list at an average of nearly 50 percent below recent median existing-home sale prices. The states—Maryland, Massachusetts, Mississippi, … Continue reading Bank Foreclosures Listed Far Below Regional Selling Prices