In a legal showdown, the state of California is suing one of its own cities because it says the city has failed to build enough affordable housing for its residents. In turn, the city of Huntington Beach is suing the state, claiming the state’s housing law is “unconstitutional.”Calif. Gov. Gavin Newsom says the state sued Huntington Beach because it has harmed “California families’ ability to find affordable places to live and has drive
Referred by our 2018 Top Producer Helen LiuiProcurrently deals throughout the states of California, Texas,Florida, and New York. We continue to strive and broadenopportunities for real estate professionals and consumers. Visit iprore.com for the latestinformation and links.Click here for information onbecoming a salesperson.
Real estate indicators are starting to shift in favor of home buyers as the housing market sets its sights on spring. Mortgages are getting cheaper, housing inventories are growing, and home prices are rising at a slower pace.Mortgage rates have been holding steady for the last few weeks. The 30-year fixed-rate mortgage averaged 4.45 percent last week, according to Freddie Mac. Late last year, mortgage rates were nearing the 5 percent t
Fixed-rate mortgages have been inching lower in recent weeks, but the percentage of borrowers being tempted by the even lower rates of adjustable-rate mortgages is rising. ARMs posted the highest share of originations in December since Ellie Mae, a maker of software used to process mortgage applications, began tracking them in 2011.The share of ARMs reached 9.2 percent in December 2018, up from a 5.6 percent share a year prior, accordin
Many homeowners are still seeing big profits when they go to sell. Homeowners who sold in the fourth quarter of 2018 sold for an average of $54,500 more than their original purchase price, according to a new report released by ATTOM Data Solutions, a real estate data firm. That is an average of a 30.2 percent return on the original purchase price, up from an average of 25.6 percent a year prior, the report says.But in some markets, home sellers a
Home prices have cooled in 70 percent of the 200 largest housing markets. That’s good news for home buyers, but home sellers are faced with a new reality on what they may be able to get for their home.However, not every market is slowing down. Realtor.com® has identified a handful of metros where home prices are rising and still seeing double-digit annual price growth.Some of these growing housing markets were devastated by nearby natural disa
Young adult home buyers aren’t afraid to buy a home in need of some major TLC. Sixty-seven percent of millennial home shoppers who participated in a recent Clever Real Estate survey of 1,000 U.S. residents in the market for a home said they would put in an offer on a property in need of major repairs.Millennial home buyers are taking a long-term view when buying, the Clever Real Estate survey found. They also tend to value safe neighborhoo
It could be a home buyer’s worst nightmare: They purchase a new property only to discover later it is contaminated with methamphetamine, which is linked to health problems and can be very costly to eliminate.In more than half of states, home sellers are required to disclose whether to the best of their knowledge a property has ever been used as a meth lab. But many laws stop short of letting buyers know if meth was ever smoked inside the proper
iPro Real Estate was founded on the idea of building a better living with champion services. We focus on incorporating and mastering the latest technologies and procedures, keeping you above the crowd. Servicing all types of real estate transactions, our team of professionals set a stronger standard of business, abide by a strict code of ethics, and give a superior performance.SOME OF OUR BENEFITS INCLUDE AGENT PROFILE SYSTEMAll
National Association of REALTORS® Senior Vice President of Government Affairs Shannon McGahn said a deal reached between President Donald Trump and congressional leaders to reopen the federal government for 21 days while they negotiate a long-term funding agreement is a welcomed development.“Although the direct impact on real estate markets has so far been limited, the broader economic impacts of the shutdown, if it persists, will be very dama
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
