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Tuesday, April 23, 2013

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... the month of March in 13 years. "Inventory is definitely gating demand," says Glenn Kelman, chief executive of real estate brokerage Redfin. Monday's report showed that sales were still 10.3% above last year's levels on a seasonally adjusted basis, ...

http://blogs.wsj.com/developments/2013/04/22/why-home-sales-stalled-in-march/

Overlook Ridge fetched $150M in sale

... Drive, dubbed Alterra IA and Alterra IB, a master-planned community, were sold by a joint venture of Prudential Real Estate Investors. Located adjacent to U.S. Route 1 at the Salem Street interchange, the community is five miles north of downtown ...

http://www.bizjournals.com/boston/real_estate/2013/04/overlook-ridge-fetches-150m-in-sale.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_boston+%28Boston+Business+Journal%29

US existing home sales edge down, prices rise

WASHINGTON: Home resales edged downward in March, even though the housing market recovery that has helped boost the economy has shown strength in recent months and is expected to continue.

http://www.dailytimes.com.pk/default.asp?page=2013\04\23\story_23-4-2013_pg5_26

More Millennials Buying a Home Before Tying the Knot

... realize that they need to build a safety net, and with low mortgage rates and relatively affordable home prices, real estate has once again become a savvy investment for many, including millennials. Despite how younger generations are branded slow ...

http://www.usnews.com/news/blogs/home-front/2013/04/23/more-millennials-buying-a-home-before-tying-the-knot?s_cid=rss:home-front:more-millennials-buying-a-home-before-tying-the-knot

homes sales rise 1.5 percent in March to 417K

In this Friday, March 29, 2013, photo, a worker helps frame a new home under construction in Matthews, N.C. The Commerce Department reports on new-home sales for March on Tuesday, April 23, 2013.

http://www.seattlepi.com/news/article/New-homes-sales-rise-1-5-percent-in-March-to-417K-4455988.php

Miller Time: Three Cents Worth: $3,000 is the new $1,500 in Manhattan

[This week, real estate appraiser , Curbed graph guru, blogger , and podcaster Jonathan Miller addresses the age old question: co-ops, condos, or new development?] Given all the hype about new development product entering the listing-starved ...

http://ny.curbed.com/archives/2013/04/23/three_cents_worth_3000_is_the_new_1500_in_manhattan.php

History Lessons: After Cornelius Vanderbilt chose the stone...

After Cornelius Vanderbilt chose the stone with which to build Grand Central, the remaining stone samples were brought to Van Cortlandt Park in the Bronx, where they now line what appears to be a random woodland trail.

http://ny.curbed.com/archives/2013/04/23/history_lessons.php

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