by The KCM Crew on December 28, 2012
Latest Updates: real estate RSS
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The Reasons People Move [INFOGRAPHIC]
MSC Marketing
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Latest Market Comment from Nick Churton of Mayfair International Realty
MSC Marketing
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Where Are Rents Headed?
MSC Marketing
November 13, 2012
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years?Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices have increased dramatically in the last year.
“Nationally, rent gains continued to outpace home price increases in October, rising by 5.1 percent.”
Based on the concept of supply and demand, we believe rental prices will continue to substantially increase over the next few years. The long-run 30-year average increase in multifamily rental households is 200,000 each year. Over the next few years, those numbers will more than double to over 500,000 each year. Freddie Mac in their latest report, Multifamily Research Perspectives, projects housing demand going forward.
“Given assumptions consistent with economic growth slightly slower than long run averages, multifamily demand is likely to be in the range of 1.7 million net new renter households between now and 2015.”
The cost of owning a home will begin to increase as both prices and mortgage rates are expected to inch up in 2013. Perhaps now is the perfect time to lock in your long term housing expense by purchasing your own home.
http://www.kcmblog.com/2012/11/13/where-are-rents-headed-2/
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Investor Confidence Rises with Real Estate Market Progress
MSC Marketing
By John E. Miller
Over the last few years real estate investor confidence has been harder to find than a needle in a haystack. Today, however, things look differently as investor confidence is on the upswing—which is positive news for everyone involved in real estate.
Investors After the Real Estate Market Crash
Let’s face it—in comparison to the life of real estate investors before the crash, it has been very hard to make a living with real estate investing over the last few years. Successful investors decided to purchase foreclosures and other distressed properties and turn these homes into rental properties in areas with a high demand. Although these investors had to expand their job description to include “landlord,” this minor adjustment enabled these investors to immediately start seeing a return on their investment
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Leading Real Estate Sales Volume
MSC Marketing
As an affiliate of the prestigious Leading Real Estate Companies of the World network, we are proud that our organization produced more homes sales volume in 2011 than any national real estate network.
Leading Real Estate Companies of the World® also leads in the number of sales, with about 20% more transactions sides than the closests competitor.
Click image to see full size chart in printable form:
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Leading Real Estate Top 500
MSC Marketing
Through our connection to Leading Real Estate Companies of the World, we are connected to a premier network of powerful real estate resources.
Around the world, the finest real estate firms are united under the Leading Real Estate Companies of the World® banner, forming a global network that more people rely upon to buy and sell homes than any other real estate organization.
Click image to see full size chart in printable form:
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Normal Service is Resumed
MSC Marketing
Click on article below for printable format.
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Market Tracker: National February Existing-Home Sales Up Strongly from a Year Ago
MSC Marketing
Washington, March 21, 2012
February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of REALTORS®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, slipped 0.9 percent to a seasonally adjusted annual rate of 4.59 million in February from an upwardly revised 4.63 million in January, but are 8.8 percent higher than the 4.22 million-unit level in February 2011. (More …)
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Scene Magazine interviews Michael Saunders June 2011
MSC Marketing
Click on image below for full article in a printable format
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Luxury Portfolio.com Statistics Q2 2010
MSC Marketing
This presentation from LuxuryPortfolio.com show updated statistics from the second quarter of 2010.
Click the image to see full size chart in printable format.
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