Nationwide Real Estate Update: March 22, 2013
Nationwide Real Estate Update: March 22, 2013
Lots of Real Estate related news for the Philadelphia Real Estate community and the real estate community nationally. Here’s a real estate news update you can share with your friends and clients.
Realty Mogul Launches Website
A new website where accredited investors can back real estate deals launches and immediately raises 500k. http://techcrunch.com/2013/03/20/realty-mogul-launch/
Florida Housing Market Is On Fire (Just Like Everywhere Else!)
Just like almost every city in the US, the Florida housing market is strong. http://www.businessinsider.com/florida-housing-market-on-fire-2013-3
10 Cities Where It’s Better To Rent Than Buy (Is It Really Ever??)
I Really Wish People Would Stop Writing These Articles! The rent/buy analysis is so much more complex than how long it takes to break even. Just more trash from Zillow (see: Zestimate). http://www.nbcnews.com/business/10-cities-where-its-better-rent-buy-1c8876163
Houses Are Getting Bigger Again
Wall Street Journal piece on the return of the McMansion. http://blogs.wsj.com/economics/2013/03/19/houses-are-getting-bigger-again/?mod=WSJBlog
Existing Home Sales, Prices, and Inventory Post Gains
Existing-home sales and prices posted strong year-over-year gains in February. http://www.inman.com/news/2013/03/21/existing-home-sales-prices-and-inventory-all-post-gains
Blog post compliments of the CenterCityTeam Philadelphia Real Estate Blog
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Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623 Direct
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