Real Estate, Updates, News & Tips - iPro Real Estate

Top 10 Best, Worst States for Retirees’ Wallets

Which states offer retirees the most bang for their buck? SeniorAdvice.com developed a special scoring system to identify and measure livability for seniors based on financial factors, like tax rates, cost of living expenses, average income, and senior living costs.The following five states landed at the top of SeniorAdvice.com’s rankings as the most senior-friendly for retirement finances:1. Wyoming2. Virginia3. South Dakota4. Alabama5. Louisi

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Houston’s Market Proves Resilient Post-Harvey

Houston’s catastrophic flooding from Hurricane Harvey doesn’t appear to be a deterrent for the area’s housing demand.The brokerage firm Redfin says that its agents already have 45 home buyers ready to purchase homes where the storm hit. They said that only eight buyers backed out because of the storm. Showing requests rebounded just a week after the storm, the firm says.But the impact of the flooding likely will have an effect on home price

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REALTORS: Kids Have Big Say in Home Choice

Your toughest critics may very well be the children of your clients. Their children’s input on a home carries a lot of weight. Nearly two-thirds of all home buyers say their children have input on what type of home they plan to buy, according to newly released data from Bank of America’s Homebuyer Insights Report, based on nearly 5,000 adults surveyed.First-time home buyers are more likely to say their children have influence than other buyer

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Appraisals Still Falling Short

Appraisals continue to lag homeowners’ price expectations, according to the latest Quicken Loans’ National Home Price Perception Index, which compares homeowners’ initial estimates and appraiser’s opinions of home values. Appraised values were 1.35 percent lower than homeowners’ expectations in August. That has narrowed from a 1.55 percent difference in July.Many homeowners are still not understanding their home’s current value, accor

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Tight Inventories Prompt Overbidding

A home in Sunnyvale, Calif., recently sold for a whopping $782,000 above its list price. The four-bed, two-bath home that is less than 2,000 square feet was listed for nearly $1.69 million. But the home attracted more than 20 bids and ended up selling for $2.47 million.“I think it’s the most anything has ever gone for over asking in Sunnyvale—a record for Sunnyvale,” Dave Clark, the Keller Williams real estate professional who represented

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Welcome to the Team Benny Thomas Dealing DFW

About BennyI am a licensed Texas Realtor that specializes in assisting clients with buying and selling homes throughout Dallas/Fort Worth Metroplex! If you are a buyer or seller who lives near the DFW Area, or if you are looking to relocate to our area, I would love to assist you! Real estate is one of the largest and most exciting investments one can make. I'm here to make sure that your process is a fun and rewarding one! I will dedicate the ti

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Ex-Husband Charged in Houston Agent’s Murder

The industry is mourning the loss of Crystal McDowell, a 37-year-old sales associate who worked for Virginia Malone & Associates in Baytown, Texas. The Houston-area real estate agent had disappeared just hours before Hurricane Harvey made landfall.Chambers County Sheriff announced that McDowell’s body was discovered in a wooded area. Police have arrested and charged McDowell’s ex-husband, Steven McDowell, in connection with her death. He

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Mortgage Applications Surge on Lower Rates

Home buyers and homeowners are taking advantage of some of the lowest interest rates in a year. Mortgage applications for refinancings and home purchases jumped 9.9 percent higher last week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. Still, the MBA reports the weekly index remains about 19 percent lower the same week a year ago, which is mostly attributed to a decrease in refinancing applications.The 30-ye

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Will Entire Single-Family Rental Communities Become a Thing?

A growing number of renters is sparking an entire community of single-family homes for lease. AHV Communities and Bristol Group have teamed up to break ground on a new single-family home rental community in the San Antonio, Texas, area.Pradera, which is expected to open to the public in the second quarter of 2018, will consist of 250 single-family detached three- or four-bedroom homes. The homes will have a two-car garage and front and back yards

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The Commercial Sector Braces for a Slowdown

Commercial real estate price growth in large markets is expected to flatten over the next year. But the sector is expected to continue on solid footing, with strong leasing demand and a strong investor appetite in smaller markets, according to the National Association of REALTORS®’ latest quarterly commercial real estate forecast.“A very healthy labor market and stronger confidence and spending from both consumers and businesses boosted econ

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