eclipse
December 18, 2012
Emerald green is Pantone’s top color for 2013; and Renaissance Homes is on trend. Pantone, known for its Color Matching System which standardizes colors used in the fashion, home and beauty industries, allows different manufacturers in different locations to ensure colors match without direct contact with one another. The company chooses its “Color of the...
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eclipse
December 18, 2012
Home prices will continue to rise, anywhere from 5 to 7 percent in 2013 from 2012. These prices will be driven by continued competition among investors in the distressed market, as well as a return to the market of organic move-up buyers. A lack of supply in some local markets could push prices there even...
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The housing market is turning around and here at Renaissance Homes I wanted to reach out and give you my thoughts on the market; things are different than they were last year — and that’s a good thing. The housing market is on the rise. We have seen a 100 percent increase in sales this...
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The latest numbers from the Fiserv Case-Shiller Indexes show that the housing market may finally be on solid footing again. Average U.S. home prices increased by 1.2 percent in Q2 2012 from the same quarter last year. The year-over-year increase is the first since 2006 when excluding 2010, which was influenced by the federal homebuyer’s tax...
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eclipse
November 26, 2012
Home prices are recovering, yet still low enough to lure buyers. This New Year’s, you may want to make a resolution to go house hunting. Home prices are finally starting to recover, but they’re still low enough to get a great deal. Add to that interest rates that are at historic lows, and 2013 may...
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eclipse
November 15, 2012
“Wake up and smell the coffee,” writes Michael Corbett, Trulia’s real estate expert and and host of NBC’s “Extra’s Mansions & Millionaires!” in his book Before you Buy! The Homebuyer’s Handbook for Today’s Market. He’s talking about big chains such as Starbucks and Whole Foods. If you see them opening in a new neighborhood, it’s a sign that the...
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eclipse
November 14, 2012
J.P. Morgan Chief Executive James Dimon likes what he sees right now in the U.S. housing market. Mr. Dimon has a pretty good forecasting track record this year, at least as far as housing goes. Consider that in January, Mr. Dimon said he thought that housing was nearing a bottom, and the bulk of the data...
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eclipse
November 14, 2012
ORLANDO—National Association of Realtors Chief Economist Lawrence Yun foresees U.S. home prices rising by 15% over the next three years, a boost for the beleaguered housing market. Mr. Yun is widely known for his optimistic forecasts, given his employer, the nation’s largest housing cheerleader. Still, any talk of rising home prices is welcome news. Home...
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Lately, the housing market may be the one thing going right for the economy, Reuters reports. Several signs have pointed to a housing market in full recovery mode. “Higher sales, prices, and building, albeit modest so far, are a welcome boost as other drivers of the economy falter,” Reuters reports. Unlike the “boom” years, housing...
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As reported on Bloomberg: “Warren Buffett’s Berkshire Hathaway Inc. is extending its bet on the U.S. housing market by forming a venture with Brookfield Asset Management Inc. as low interest rates, inventory and prices spur a real-estate rebound. Berkshire’s Home Services of America Inc. unit will be the majority owner of the venture to manage a...
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