Real Estate, Updates, News & Tips - Cappie Stuff - iPro Real Estate

Why Builders Are Upbeat about Dip in Housing Starts

Total housing starts dropped 9.4% month over month in September to a seasonally adjusted annual rate of 1.26 million units, the U.S. Commerce Department reported Thursday. The multifamily sector, which includes apartments and condos, plummeted 28.2% in September to a pace of 338,000. However, single-family housing starts fared much better, rising 0.3% to 918,000 units.Overall, builders are happy with the numbers.&nbs

Read More

TIP: How to Plan a Halloween-Themed Open House

Some real estate pros are prepping their “spooktacular”-themed open houses to attract potential buyers this month. Here are a few tips if you decide to follow the Halloween vibe:Don’t go all “goth” when decorating: Keep the themed decor simple and especially tasteful. No tombstones and graveyards or skeletons on the front stoop to frighten buyers away. April Struhs, a real estate pro with Coldwell Banker Schmitt Real Esta

Read More

Housing Affordability Woes Hit African Americans Hardest

Housing experts say that homeownership is growing out of reach for a rising number of minority households. Fewer than one in 10 homes for sale last year were affordable to African American households in several major cities, such as San Francisco, Denver, Boston, Los Angeles, and Seattle, a newly released study from Redfin reports.The report calls out San Francisco, where less than 1% of homes for sale last year were affordable for African Americ

Read More

5 Trends Affecting Housing for Seniors

The number of older American households is climbing to record high levels, and the housing industry is closely monitoring their evolving housing needs. The number of homes headed by a person age 65 or older rose from 27 million to 31 million between 2012 to 2017.Over the next 20 years, the oldest age groups—age 65 and over—are expected to increase their share of all U.S. households from 26% in 2018 to 34% by 2038, according to a newly release

Read More

Onerous Student Loans Top Down Payment Costs

Students are borrowing more money nowadays, not only causing them to face higher bills but also forcing them to delay homeownership, the study notes.The average student loan borrower owes $34,500, which is $8,500 more than the typical down payment of $26,000. More than a quarter of millennials say that student loans are the primary barrier to saving up for a down payment, according to a separate report from the National Association of REALTO

Read More

Fed Calls Housing the Bright Spot in Economy

The economy shows signs of sluggishness, but not the housing market, according to a new report released this week from the Federal Reserve Bank of New York. Consumer spending is softening and wage growth is “moderate,” but the housing market has rebounded, the Fed says.“Housing activity indicators displayed further gradual improvement in August,” according to the report. Over the last three months, single-family housing starts and permits

Read More

Even Move-Up Buyers Face Fraught House Hunts

Low mortgage rates are drawing out more home buyers who want to take advantage of the decrease in borrowing costs, but they’re increasingly growing frustrated as the selection of properties narrows. An unseasonable surge in buyer demand has coincided with housing inventories moving even lower in recent months. Inventories dropped 2.5% annually in September, realtor.com®’s data shows.The lower tier of the market—homes priced under $200,000

Read More

Welcome to the Team Shannon Anderson Dealing the San Diego Area

About Shannon I love real estate. Finding homes, researching market stats, negotiating contracts, and helping my clients exceed their expectations is what Ido! Whether you are buying or selling, or just want some information before you even start that process, I am ready to help. You can haveconfidence in my ability to provide you the best real estate transaction possible and I will prove to you that I am your best choice in realestate profession

Read More

Young Adults pick Small Towns over Big Cities

More millennials and younger Gen Xers are leaving the big cities behind and opting for smaller towns to call home. Since 2014, an average of about 30,000 residents between the ages of 25 and 39 have departed big cities annually, according to U.S. Census Bureau figures. Smaller cities have been seeing some of the largest influxes of the millennial generation.Young adults who freelance or have telecommuting jobs are more likely to move out of urban

Read More

TIP: Designers Sound Off on the Worst Bathroom Colors

Nothing ruins a bathroom like a bad hue, and the gray trend may be one of the worst offenders, designers say.“Bathrooms tend to be enclosed spaces, so greige-y muddy colors can make the space feel smaller and dingy,” Ariel Okin, an interior designer in New York City, told Apartment Therapy. “Lighter colors like bright crisp whites, powder blues, and spring greens always play really well in a bathroom, as do moodier shades such as inky navy

Read More

This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.