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

Places LGBTQ Folks are calling Home

Metros that were once overlooked are proving to be popular places for LGBTQ consumers to live in, according to a new survey from realtor.com®. San Francisco continues to take the top spot, but members of the LGBTQ community are increasingly choosing places that also have strong antidiscriminatory laws and policies in place.“The LGBTQ community will identify a town or neighborhood and will turn it into a safe haven for thems

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REALTORS: Is your Site ready for “Smartphone Only” Internet Users?

More U.S. adults are getting on the internet via their smartphone, and you may want to put more focus on how your website looks on mobile devices to make sure the experience isn’t a turnoff.Thirty-seven percent of U.S. adults typically tend to reach for their smartphone to access the internet, a significant increase from the 19% of Americans who reported doing so in 2013, according to a new Pew Research Center survey. Younger adults betwee

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Privacy Concerns mount over Hidden Sales Prices

In about a dozen nondisclosure states, the home purchase price isn’t made public. Sales prices can still be found by looking at publicly recorded transfer tax information, but to most of the general public, housing sales data can seem secretive, The Wall Street Journal reports.A couple in Houston had offered to pay $700,000 to buy a home, but were alarmed to see it listed on a real estate site under an estimated home value that fell s

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Emerging Buyer’s Market lifts Home Sales in May

For the first time in two months, existing-home sales rose in May as consumers rushed to take advantage of lower mortgage rates and greater inventory. Total existing-home sales—completed transactions including single-family homes, townhomes, condos, and co-ops—jumped 2.5% month over month in May, reaching a seasonally adjusted annual rate of 5.34 million, the National Association of REALTORS® reported Friday. All four major regions of the U.

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Supreme Court Rules Landowner can Sue over Gov’t Access

The U.S. Supreme Court ruled on Friday that property owners can challenge government access to their land, which some view as a major victory for property rights.The court’s ruling stemmed from a case involving a Pennsylvania woman, Rose Mary Knick, whose land the town of Scott Township used in 2013 to access an old burial ground. Knick didn't grant the town permission to come on her property, and she sought damages in court for what she viewed

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Style Over Function can Hurt Resale

The era of real estate-focused reality television is encouraging too many homeowners to put aesthetics before function in their remodeling projects, industry experts note in a recent Forbes.com article. For example, the trend toward no-door kitchen cabinetry, which has been made popular by home improvement shows, isn’t a smart choice for a homeowner who isn’t a neat freak or who doesn’t have matching dishes.“Everyone wants a kitchen or ba

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Do Aging Appliances mean a Lower Asking Price?

Knowing the lifespan of appliances and home fixtures can help home buyers get a realistic look at replacements or repairs they may need to make. It can also be a point of negotiations between a buyer and seller: If the buyer expects that an aging appliance will need to be replaced soon, they may want that factored into their offer.Some of the priciest components of a house for replacements or repairs tend to be the roof, electrical, plumbing, fur

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‘Mom-and-Pop’ Investors are Swooping in

Home purchasing activity among investors has reached the highest level in the past two decades, shows a new report, “Investor Home Buying,” released by CoreLogic. The increase isn’t from the big institutional buyers of recent years, the report says, but from more smaller investors entering in.Investors appear to be homing in on the starter home tier for their purchases, which is giving first-time home buyers more competition, CoreLogic note

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Freddie Debuts Remodeling Loan for Fixer-Upper Buyers

As homes age, more homeowners are looking to remodeling to spruce up their properties. Of the nation’s stock of 137 million units, nearly 80% are at least 20 years old, and 40% are at least 50 years old.Freddie Mac says its new mortgage product is to help home buyers finance or refinance fixer-uppers. Eligible buyers will be able to finance the purchase of their home and the cost of renovations into a single-close mortgage.“Research indicates

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Mortgage Rates continue to Hover Near 2-Year Lows

Lower mortgage rates are proving to be a boon for home shoppers this summer. The 30-year fixed-rate loan has stayed near a 3.8% average for the third consecutive week, after consistent declines in late spring.“While the continued drop in mortgage rates has paused, home buyer demand has not,” says Sam Khater, Freddie Mac’s chief economist. “This is evident in increased purchase activity and loan amounts, indicating that home buyers still h

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