Archive for the ‘Property News’ Category

PostHeaderIcon Housing Market Recap 2015

In 2015, the value of most houses across the U.S. increasing $1.1 trillion, developing 4.1 % over the year that is past. At year-end, the whole housing stock is expected become valued at $28.5 trillion — $10 trillion in excess of 2015’s 3rd one-fourth U.S. gross domestic items.

The essential market that is valuable into 2016 is the l . a . metro, with a total value of $2.4 trillion. California all together reports for pretty much one fourth regarding the country’s cumulative home price, that isn’t astonishing deciding on it is house to high-valued areas like l . a ., san francisco bay area, and San Jose.

Meanwhile, renters spent $535 billion on housing in 2015, that is very nearly $20 billion a lot more than in 2014, on account of 1.8 million renter that is new and local rental rates rising at record speed.  Renters into the New York/Northern New Jersey market spent probably the most on rent in 2015 — about $56 billion.

Here you will find the 10 most effective housing markets and the 10 markets that paid the many rent in 2015.

Total rent paid 2015

New York/Northern New Jersey – $55.9 billion
Los, Angeles-Long Beach-Anaheim, CA – $34.5 billion
San Francisco, CA – $16.7 billion
Chicago, IL – $16.5 billion
Washington, DC – $14.0 billion
Boston, MA – $13.4 billion
Houston, TX – $13.1 billion
Dallas-Fort Worth, TX – $12.8 billion
Miami-Fort Lauderdale, FL – $11.2 billion
Seattle, WA – $10.2 billion

Total home value 2015

Los Angeles-Long Beach-Anaheim, CA – $2.4 trillion
New York/Northern New Jersey – $2.3 trillion
San Francisco, CA – $1.2 trillion
Washington, DC – $939 billion
Miami-Fort Lauderdale, FL – $773 billion
Chicago, IL – $741 billion
Boston, MA – $634 billion
San Jose, CA – $614 billion
San Diego, CA – $574 billion
Philadelphia, PA – $567 billion

PostHeaderIcon Be Updated With Property News and Real Estate News

wpA property investor can achieve great success by keeping himself updated with property news and real estate news. Real sector is nowadays booming with increased transactions in the property in the day to day life. The main reason behind this is the need of the property and its increasing value.

Employees of real estate such as real estate agents, brokers, dealers, property dealers and brokers carefully monitor and handle transactions in the property field. With their expertise, these people can create accurate transactions.

Before purchasing any property, a property investor should carefully study and do research about that particular property. If you are one of the investors, you can also refer to a property magazine which can provide you useful tips which you can use to examine an investment. This magazine contains information about the best news of the business world such as features, views and opinions of experienced investors.

Few providers of real estate news and property news even offer a money-back guarantee if at a given time you don’t earn the profit promised by this news. Nevertheless, these subscriptions are offered for the short contract period and prove cost-effective for the investors. Read the rest of this entry »