Thursday, April 24, 2008
In cities such as Seattle, San Francisco and New York real estate continues to booming. During the first quarter of this year 2007, the median price for a Manhattan home went up to 18%, to $872,000, when compared with the same period last year, according to a repot from a Web portal that came on April 17. The median price for all of New York City, which includes much weaker middle-class neighborhoods in the Brooklyn, Bronx, Queens and Staten Island, rose to 4% in the first quarter, to $535,000.
And the numbers continue to amaze everyone in the real estate market. Manhattan real estate continues to climb greater heights because of the wealth of its buyers, the still-strong job market, the limited supply of homes and the weak dollar, which is pulling in more foreign buyers. And Manhattan isn't America's only strong market; bright spots in the real estate market include Charlotte, N.C. and Austin, Texas.
And the numbers continue to amaze everyone in the real estate market. Manhattan real estate continues to climb greater heights because of the wealth of its buyers, the still-strong job market, the limited supply of homes and the weak dollar, which is pulling in more foreign buyers. And Manhattan isn't America's only strong market; bright spots in the real estate market include Charlotte, N.C. and Austin, Texas.
Wednesday, April 16, 2008
Liz Crawford will never venture from her couch for anything less than a two bedroom condo with a parking space, washer and dryer. In the same time, she continues her home hunting by scanning the list of Norfolk, Va., houses in her price range that is sent to her automatically from her real estate agent's web site. When she finds something interesting, her agent will get her the full listings and they rarely speak over the phone.
According to Crawford, it is really nice to be able to stay at home and do the searching; she says, "When it comes to searching a home it can be very tedious." These online real estate websites have become an established part, when it comes to home buying process over the past 10 years, but these sites are evolving to offer a wider variety of services, tips, and useful articles; in some cases it brings positive relationships among sellers, buyers and the real estate agents.
According to Crawford, it is really nice to be able to stay at home and do the searching; she says, "When it comes to searching a home it can be very tedious." These online real estate websites have become an established part, when it comes to home buying process over the past 10 years, but these sites are evolving to offer a wider variety of services, tips, and useful articles; in some cases it brings positive relationships among sellers, buyers and the real estate agents.
