Good News for housing! New Home Sales actually INCREASED…. According to data released this morning by the Commerce Department, sales of new homes hit a seasonally adjusted annual rate of 307,000 in October, up 1.3% from the previous month and up 9% from October 2010. While demand is still weak — in a healthy housing market roughly one million new homes sell each year — some experts see the uptick as a sign the long-suffering new home market may be on the mend. Call me now for your New Home!
Setting the right rent–preferably the first time around, is crucial to keeping rental properties profitable. Online real estate marketplace Zillow has launched “Rent Zestimates,” a one-of-a-kind tool that can be used as a starting point for determining a home or apartment’s estimated monthly rent price. Tenants and landlords alike can research estimated rent prices for more than 90 million homes and apartments across the country. The tool can be especially helpful for “accidental landlords,” who don’t have a starting point to determine market rent. Zestimates allows landlords to compare their properties to others on the market to determine a realistic (0 comments)