Luxury Home Marketing Tips
Rent rises in Manhattan, bolstering occupancy rate
According to a recent report from Prudential Douglas Elliman, the Manhattan rental market continued to make great strides during the fourth quarter, which could make investing in a home for sale in New York City a safe bet. The report showed that rental prices during the fourth quarter increased by 9.5 percent on a year-over-year … Read more
D.C. housing market demonstrating flat trends
A recent report indicates that the housing market in Washington, D.C., may have plateaued, says The Washington Post. However, according to the newspaper, with housing market uncertainty throughout many other parts of the country, this may not be an entirely negative trend. "In 2011, we had a hodge-podge of pluses and minuses, making it more … Read more
Atlanta embraces green home initiative
As home prices continue to get more affordable, a recent trend has seen the city embracing clean energy, which could make purchasing a home in the local housing market a healthy investment both physically and financially, the Atlanta Business Chronicle reports. Atlanta-based developers have recently taken on a green initiative called the "Better Business Challenge." … Read more
Home prices, foreclosures down towards end of 2011
According to a recent report, home prices across the country edged lower in October, while the number of foreclosures filed in December dropped to the lowest level recorded since 2007. The most recent Home Price Index from Lender Processing Services showed that home prices in October rose by 0.8 percent on a month-over-month basis. In … Read more
Housing markets in NYC outer-boroughs outperform Manhattan
The outer-boroughs of New York City recorded the best housing market performance during the fourth quarter of 2011, The Wall Street Journal reports. According to the newspaper, despite a decline in home sales all across the Big Apple during the quarter, the median price of homes in the Bronx and Brooklyn edged higher as prices … Read more
Lower home prices recorded in Las Vegas
Recent reports indicate that the prices of homes for sale in Las Vegas become more affordable during the final two months of 2011. According to CoreLogic, home prices in Las Vegas were down 10.8 percent in November on a year-over-year basis as Nevada led the nation in home value depreciation at 11.2 percent. "Distressed sales … Read more