News – Mark 1 Real Estate

Market Update

The real estate housing for the next two years seems to show a lower supply in houses and a higher price growth. This is happening due to the high demand in houses which is pushing the prices to grow. It is estimated that by the year 2019, the prices will increase by 5% according to the real estate market forecast. Compared to last year, [...]

PSA: The New 2018 Advertising Rules are in effect

News

For more information on the Ad Rules, visit the C.A.R. website by clicking here.

CNBC: Home prices surge to new high, up 6.2% in November

News

This from the CNBC Article: “National home prices continued their run higher in November, rising 6.2 percent annually on S&P CoreLogic Case-Shiller’s most broad survey, up from 6.1 percent in October. Another S&P index of the nation’s 20 largest housing markets showed a 6.4 percent gain, higher than analysts had [...]

BIG NEWS: Real estate tech company aims to replace agents with robots, data – Newsday

News

There’s an interesting article making the rounds today. Newsday is covering the expansion of REX Real Estate Exchange into Long Island. Apparently, REX is a real estate market game changer undercutting the typical real estate commission allowing for buyers and sellers to keep more of their money. Though I take issue with some of their [...]

CNBC: Four major US cities ring housing bubble alarm

News

Are we drawing near to the next bubble burst? Some cities believe they are. CNBC is reporting Denver, Miami, Houston, and Washington, DC are considered overvalued. This is due, as the article explains, to the continued rise in house prices and decrease in affordability. Its not all doom and gloom, though. It’s important for a local real [...]