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Jameson Sotheby's International Realty - Marketing Exposure for Real Estate
4 High-Return Updates for Your Home
This document discusses four home renovation projects that typically provide a high return on investment: 1) Replacing doors and windows to boost curb appeal. 2) Constructing a back deck to create an outdoor living space. 3) Adding attic insulation to improve energy efficiency and save on utility costs. 4) Building a second-story addition to significantly increase the home's value and space. The document recommends that homeowners consider undertaking one of these projects during the peak home improvement season of May to boost their property's value.
November/December 2016 Market Pulse
The home ownership rate remains at a 50-year low of 63 percent despite job growth, rising incomes, and low interest rates. This is largely due to a lack of housing inventory in many U.S. markets. Home ownership is unlikely to increase significantly, especially if interest rates rise as expected. Additionally, while conventional loans require as little as 3 percent down, nearly 40 percent of buyers put down 20 percent or more for their home purchase in August 2016, and this trend of larger down payments has been increasing steadily in recent years.
2015 housing forecast
Freddie Mac (OTCQB: FMCC) released today its U.S. Economic and Housing Market Outlook for November showing that the home purchase market is expected to continue strengthening along with the broader economy during 2015.
FHA's Homeownership Initiative gets Mixed Reactions
The Federal Housing Administration is piloting a program called HAWK that would lower mortgage insurance premiums for borrowers who complete homeowner counseling. However, trade groups have criticized recent increases to FHA insurance fees as restricting housing recovery. Under the new HAWK program, homeowners could save up to $9,800 over the life of a loan by receiving counseling and making on-time payments. But the program is only a pilot currently, and some groups want to see larger reductions to annual insurance premiums to better support affordable housing.
January 2014 Real Estate Report - Chicago Metro and NW Suburbs
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January 2014 Real Estate Summary for Chicago Metro with detailed statistics for the NW Suburban Communities.January Real Estate Report - Barrington Area
The Barrington area real estate market experienced a slow start in 2014 with sales dropping 17.8% and new listings also slowing significantly due to many days below freezing in January compared to the previous year. While sales fell and days on market improved by over 50%, closed sales rose 14% to 40 for the month which is typically half the level of summer months. Inventory remained even, indicating a seller's market for lower-priced homes as buyers are purchasing quickly.
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Jameson Sotheby's International Realty - Marketing Exposure for Real Estate
4 High-Return Updates for Your Home
This document discusses four home renovation projects that typically provide a high return on investment: 1) Replacing doors and windows to boost curb appeal. 2) Constructing a back deck to create an outdoor living space. 3) Adding attic insulation to improve energy efficiency and save on utility costs. 4) Building a second-story addition to significantly increase the home's value and space. The document recommends that homeowners consider undertaking one of these projects during the peak home improvement season of May to boost their property's value.
November/December 2016 Market Pulse
The home ownership rate remains at a 50-year low of 63 percent despite job growth, rising incomes, and low interest rates. This is largely due to a lack of housing inventory in many U.S. markets. Home ownership is unlikely to increase significantly, especially if interest rates rise as expected. Additionally, while conventional loans require as little as 3 percent down, nearly 40 percent of buyers put down 20 percent or more for their home purchase in August 2016, and this trend of larger down payments has been increasing steadily in recent years.
2015 housing forecast
Freddie Mac (OTCQB: FMCC) released today its U.S. Economic and Housing Market Outlook for November showing that the home purchase market is expected to continue strengthening along with the broader economy during 2015.
FHA's Homeownership Initiative gets Mixed Reactions
The Federal Housing Administration is piloting a program called HAWK that would lower mortgage insurance premiums for borrowers who complete homeowner counseling. However, trade groups have criticized recent increases to FHA insurance fees as restricting housing recovery. Under the new HAWK program, homeowners could save up to $9,800 over the life of a loan by receiving counseling and making on-time payments. But the program is only a pilot currently, and some groups want to see larger reductions to annual insurance premiums to better support affordable housing.
January 2014 Real Estate Report - Chicago Metro and NW Suburbs
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January 2014 Real Estate Summary for Chicago Metro with detailed statistics for the NW Suburban Communities.January Real Estate Report - Barrington Area
The Barrington area real estate market experienced a slow start in 2014 with sales dropping 17.8% and new listings also slowing significantly due to many days below freezing in January compared to the previous year. While sales fell and days on market improved by over 50%, closed sales rose 14% to 40 for the month which is typically half the level of summer months. Inventory remained even, indicating a seller's market for lower-priced homes as buyers are purchasing quickly.
Barrington Area Housing Report - November 2013
The Barrington-area housing market continues to perform robustly as national real estate markets soften. Median sale price jumped 17.7% year-over-year to $515,000, the highest level in 30 months, as market time and inventory levels continue to fall. While national headlines indicate a potential freeze up in the market, the Barrington area still sees buyers in force and sellers maintaining control of pricing in some ranges.
Barrington Area Housing Report - Sept 2013
- Key indicators in the Barrington housing market were soft in September as overall volume and properties under contract declined, signaling the annual end-of-year slowdown. However, there was significant activity in higher-priced properties.
- The median sales price for all homes fell 1% year-over-year but detached single family homes rose 10%; market time declined 47% to 107 days showing well-priced homes attract buyers.
- Inventory has stabilized at 8.5 months' supply, a level that favors neither buyers nor sellers.
August 2013 Barrington Area Market Report
The Barrington housing market witnessed another strong month as the number of homes for sale continued an upward trend. Median home sale prices rose 7.7% year-over-year to $452,500, with traditional detached single family home sales rising 11.6%. The number of homes sold increased 21.7% compared to last year, and homes are selling faster at an average of 173 days on the market. The market remains seller-friendly with low inventory, especially for homes priced below $550,000.
July 2013 Barrington Area Market Report
The real estate market in Barrington continued to show strong momentum in July. The median home sales price rose 14.9% year-over-year to $500,000, the highest point since 2011. The number of closed sales increased 66.7% compared to the previous July, reflecting record high activity. The market favored sellers in the lower price range below $345,000, where inventory was low at 4 months and sales prices rose 23% with market time dropping 55%. The middle price range from $549,900 to $849,899 saw higher inventory of 9 months and slower sales, favoring buyers. Overall inventory declined for the 4th straight month to a 7.6 month supply.
June 2013 Barrington Market Report
While home sale prices rose 8.3% in June continuing positive momentum from the spring, the trend is still early according to 12-month averages. The number of closed sales rose 47.6% to a five-year high of 94 homes. Market time to sell a home fell 31% to 159 days on average and homes are selling closer to their original list price, both signs of a strong, seller's market. Inventory continues to fall across all price ranges, especially for distressed properties, leading to bidding wars and homes going under contract within a week of listing. The report recommends that both buyers and sellers act now to take advantage of low interest rates and limited housing supply.
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Michael Kurowski is a Realtor with Prudential American Heritage. His contact information includes his cell phone (847-804-7350), office phone (847-806-8385), fax (847-505-0964), and email (Michael@KurowskiResidential.com). He maintains a website at www.BestHomeBrokers.com.
Market Update 01/07/13
The market saw a significant sell-off in treasury and mortgage markets, moving yields higher due to several events. The Fed minutes showed some support ending QE this year, while the December employment report came in slightly above estimates. Though no major changes, markets saw these events as stabilizing. This week has a lighter economic data schedule and Treasury auctions.
Real Estate Market Update for 12-17-12
The FOMC meeting went as expected, with the Fed continuing asset purchases until labor market conditions improve. They replaced language about rates staying low until mid-2015 with inflation and unemployment targets not expected to be met sooner than mid-2015. The market will watch fiscal cliff negotiations closely for any compromise or lack thereof. There is a full economic data calendar this week, including housing data and Fed speaker appearances, as well as treasury auctions.
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The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
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“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
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Stark Builders: Where Quality Meets Craftsmanship!
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
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The Barrington-area housing market continues to perform robustly as national real estate markets soften. Median sale price jumped 17.7% year-over-year to $515,000, the highest level in 30 months, as market time and inventory levels continue to fall. While national headlines indicate a potential freeze up in the market, the Barrington area still sees buyers in force and sellers maintaining control of pricing in some ranges.
Barrington Area Housing Report - Sept 2013
- Key indicators in the Barrington housing market were soft in September as overall volume and properties under contract declined, signaling the annual end-of-year slowdown. However, there was significant activity in higher-priced properties.
- The median sales price for all homes fell 1% year-over-year but detached single family homes rose 10%; market time declined 47% to 107 days showing well-priced homes attract buyers.
- Inventory has stabilized at 8.5 months' supply, a level that favors neither buyers nor sellers.
August 2013 Barrington Area Market Report
The Barrington housing market witnessed another strong month as the number of homes for sale continued an upward trend. Median home sale prices rose 7.7% year-over-year to $452,500, with traditional detached single family home sales rising 11.6%. The number of homes sold increased 21.7% compared to last year, and homes are selling faster at an average of 173 days on the market. The market remains seller-friendly with low inventory, especially for homes priced below $550,000.
July 2013 Barrington Area Market Report
The real estate market in Barrington continued to show strong momentum in July. The median home sales price rose 14.9% year-over-year to $500,000, the highest point since 2011. The number of closed sales increased 66.7% compared to the previous July, reflecting record high activity. The market favored sellers in the lower price range below $345,000, where inventory was low at 4 months and sales prices rose 23% with market time dropping 55%. The middle price range from $549,900 to $849,899 saw higher inventory of 9 months and slower sales, favoring buyers. Overall inventory declined for the 4th straight month to a 7.6 month supply.
June 2013 Barrington Market Report
While home sale prices rose 8.3% in June continuing positive momentum from the spring, the trend is still early according to 12-month averages. The number of closed sales rose 47.6% to a five-year high of 94 homes. Market time to sell a home fell 31% to 159 days on average and homes are selling closer to their original list price, both signs of a strong, seller's market. Inventory continues to fall across all price ranges, especially for distressed properties, leading to bidding wars and homes going under contract within a week of listing. The report recommends that both buyers and sellers act now to take advantage of low interest rates and limited housing supply.
What Homebuyers want in their New Home, Part 1
The National Association of Realtors’ 2013 Profile of Buyers’ Home Feature Preferences is one the largest, most complete studies of what preferences homebuyers have when purchasing their residences.
Fnc residential property values increased 4.9% year over-year in december
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Home prices rose 4.9% year-over-year in December according to the FNC Residential Price Index. While economic growth slowed unexpectedly, the housing recovery maintained its momentum with steady home price gains. Contributing factors included a stabilizing foreclosure market with foreclosures dropping from 24% to 17.8% of total home sales year-over-year. Half of the major markets tracked saw rising prices in December led by Phoenix at 23% growth, while Chicago saw just 1% growth, underperforming other large cities.Negotiation Tips for Home Buyers
Michael Kurowski is a Realtor with Prudential American Heritage. His contact information includes his cell phone (847-804-7350), office phone (847-806-8385), fax (847-505-0964), and email (Michael@KurowskiResidential.com). He maintains a website at www.BestHomeBrokers.com.
Market Update 01/07/13
The market saw a significant sell-off in treasury and mortgage markets, moving yields higher due to several events. The Fed minutes showed some support ending QE this year, while the December employment report came in slightly above estimates. Though no major changes, markets saw these events as stabilizing. This week has a lighter economic data schedule and Treasury auctions.
Real Estate Market Update for 12-17-12
The FOMC meeting went as expected, with the Fed continuing asset purchases until labor market conditions improve. They replaced language about rates staying low until mid-2015 with inflation and unemployment targets not expected to be met sooner than mid-2015. The market will watch fiscal cliff negotiations closely for any compromise or lack thereof. There is a full economic data calendar this week, including housing data and Fed speaker appearances, as well as treasury auctions.
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We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
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At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
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