Westchester County, N.Y. (PRWEB) November 01, 2013
The law firm of Enea, Scanlan & Sirignano, LLP has received a Tier 1 ranking for Elder Law in the New York metropolitan region by U.S. News Best Lawyers
Westchester County, N.Y. (PRWEB) November 01, 2013
The law firm of Enea, Scanlan & Sirignano, LLP has received a Tier 1 ranking for Elder Law in the New York metropolitan region by U.S. News Best Lawyers
Wilmington, DE (PRWEB) August 27, 2013
Corporation Service Company
Bethesda, Md (PRWEB) June 29, 2013
World Wide Referrals is capitalizing on improvement in the U.S. housing market, as new home sales jumped in May, helping find consumers the best houses for sale in hot U.S. housing markets. New homes in May sold at the fastest pace in five years, showing steady improvement in the housing market. Analysts predict the increased demand for new and existing homes will continue through the year, helping the economic recovery.
The government reports that sales of new U.S. homes increased 2.1 percent compared with April, rising to a seasonally adjusted annual rate of 476,000. The Commerce Department said new home sales increased 29 percent compared with May 2012. Regions with May sales gains were the Midwest (up 40.7 percent) and the Northeast (up 20.7 percent), as well as the West (up 3.6 percent).
May sales of previously owned homes also increased to an annual rate of 5.18 million. The last time sales exceeded 5 million was November 2009, but sales were aided by the looming expiration of the government home-buying tax credit.
In addition, the inventory of unsold homes rose 2.5 percent to 161,000 in May. New home prices also are on the rise due to increased demand for a limited supply of homes for sale. The median new home price rose 10.3 percent from a year ago. And according to the National Association of Realtors, sales of previously occupied homes in May topped 5 million for the first time in more than three years.
According to news reports, home prices in key U.S. cities have soared in the past year.
Highlighting this positive news is home sales website Trulia, which recently released its 2013 list of Top 10 Healthiest Housing Markets, focused on markets with strong job growth, low vacancy rates and low foreclosure inventory. Trulias top-10 markets are: Houston, Texas; San Francisco, Calif.; Bethesda-Rockville-Frederick, Md.; San Antonio, Texas; Seattle, Wash.; Omaha, Neb.-Iowa; Peabody, Mass.; Fort Worth, Texas; and Louisville, Ky.-Indiana.
Another trend helping fuel home sales is an increase in foreign investors buying U.S. homes. Asian investors are helping accelerate the purchase of U.S. real estate, especially helping the Washington, D.C., market, where properties are being snapped up soon after they hit the market. The increasing wealth in Asian countries is accelerating this trend.
World Wide Referrals has a global network of nearly 700 premier real estate firms with 5,000 offices and 150,000 sales associates in 35 countries. Collectively, this group in 2008 sold over a million homes worth $ 300 billion, more than any national real estate brand. The network dominates the U.S. list of top-500 real estate firms, with more of the number-one market leaders in the top-90 markets than any other network.
The company can help consumers find their dream home or advise them on virtually any real estate transaction. In addition, it can connect corporations with a premier relocation management company to help businesses manage their employee mobility. RELO Direct, Inc., is the rising player in corporate relocation based on its high-tough, high-efficiency, high-value approach to the employee transfer business.
World Wide Referrals also has a luxury home marketing program that allows consumers to view over 15,000 of the worlds most remarkable properties, with translation in nine languages and conversion of 22 currencies. For more information, the public should visit the companys website at http://www.worldwiderealestatepros.com.
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Miami, Florida (PRWEB) April 30, 2013
Attention from foreign consumers searching U.S. properties increased for Miami in March, according to the 26,000-member MIAMI Association of Realtors (MIAMI).
South Florida, the top area in the nation for international real estate buyers, remains the focus of consumers from a diverse group of nations.
Miami Top Market for Foreign Consumers
In March, Miami ranked second only to Los Angeles among the top ten overall most searched U.S. cities by non-U.S. consumers throughout the month of March 2013, according to Realtor.com
Miami, FL (PRWEB) January 16, 2013
The data gathered by Interinvestments Realtys research department indicates that the intense motion created by a sustained sales activity in recent months and a pent-up demand have contributed to price increases in the local real estate market, establishing South Florida as one of the most coveted areas to currently invest in. According to recent statistics presented by the Miami Association of Realtors, Miamis pending sales rose 52% in November compared to the same time the previous year. During the last twelve months, the local property values have increased eighteen percent, with 67% of all real estate transactions closed by international clients, of which 92% are cash-deals.
Most of the activity has come from Foreign Buyers taking advantage of the low prices, says Fabricio
Duarte, Interinvestments Realtys Listing Department Director. I foresee local buyers taking a more active role in 2013, primarily due to the new financing programs available and to the low mortgage rates.
The shadow inventory, which are the properties that are either in foreclosure and not yet been sold or homes that owners have delayed to put for sale on the market, until prices improve, will not impact the value of the market area. Many lenders have been slow to put their inventory up for sale, for fear to flood the market and drive prices down in a particular area, continues Duarte. I dont think that this will affect the market at all, as lenders are being careful not to create uncertainty in todays real estate market. Day by day, the inventories are reaching normal levels, therefore, prices slowly but surely, are going up, and any increase in shadow inventory will be absorbed quickly.
The national housing crash of 2006 hit at its hardest at a moment in time when South Florida was going through a real estate boom and a significant number of new luxury condominium developments were under construction or just being completed. This over-supply flooded the market creating an unprecedented opportunity to purchase luxury condominiums in prime locations at unbelievable prices. Still today, seven years later, we still have new-developers units scattered in the Tri-County area, which includes Miami-Dade, Broward and Palm Beach, adds Duarte.
The simple rule of supply and demand will continue to drive prices upward, says Rigo Plasencia, Sales and New-Developments Manager for Interinvestments Realty. The steady release of New-Development Communities and condos will add value and luxury to South Floridas housing market.
We dont view the current situation as a sales frenzy. We see it, as a steady adjustment back to a true market value and inventory level, continues Plasencia. Banks and large funds continue to have inventory that has not yet been released to the market. But the amount will not as significant as was previously anticipated, and they are doing an excellent job of managing the release of those properties onto the market.
We are very pleased to introduce the following properties. Each one represents a great investment and a potential for rapid appreciation due to its location, competitive prices and the latest standards in the new-construction market: