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

Renters Now Dominate in Half of Cities

Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing markets such as Denver and San Diego and more tame markets like Detroit and Baltimore.The homeownership rate has fallen steadily for a decade as millions of foreclosures prompted more owners to rent. Renting likely will continue to rise through 2030,

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Mortgage Rates Retreat Slightly This Week

The 30-year fixed-rate mortgage decreased slightly, following two months of steady rises."The 10-year Treasury yield fell about 10 basis points this week,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate moved with Treasury yields and dropped 7 basis points to 4.23 percent. This marks the greatest week-over-week decline for the 30-year mortgage rate in over two months, a stark contrast from last week's jump fol

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New-Home Sales Jump 6%

Sales of newly built single-family homes posted a robust month in February. New-home sales rose to a seasonally adjusted annual rate of 592,000 units, up 6.1 percent month over month and 12.8 percent ahead of last year, the Commerce Department reported this week."February's increase in new home sales is consistent with builders' growing confidence in the housing market," says Granger MacDonald, chairman of the National Association of Home Builder

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The Next Big Tech Havens

Booming tech sectors and real estate often bond tightly. While the Bay Area continues to be the nation’s most robust tech center, tech-driven areas are popping up elsewhere across the U.S.Indeed, more than two-thirds of tech workers now feel little or no need to live in the Bay Area, according to a recent article at Forbes.com. Instead, they’re finding opportunities in the Northeast, South, or Midwest, where home prices tend to be cheaper as

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Expert Tips for Upping Your Relocation Game

The necessity for thorough communication and follow-up is crucial during any real estate transaction, but maybe never more so than during an out-of-state or international relocation.The folks at Century 21 Blackwell & Company Realty Inc., in the upstate area of South Carolina, know a thing or two about relocation. Their area includes a tech and manufacturing hub featuring companies such as GE, 3M, Honeywell, Lockheed Martin, Michelin, and oth

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Welcome to the Team Les Allan out of Los Angeles, CA!

iPro currently deals throughout the states of California and Texas with new offices in New York and Florida. We continue to strive to broaden opportunities for real estate professionals and consumers.Visit www.iprore.com for the latest information and links.Click here for information on how to become a salesperson.

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REALTORS: Court the Millennial Buyer in These Cities

Salt Lake City was named the top city for millennials this year, according to a new ranking released by realtor.com®.In the U.S., the average share of the 25–34-year-old population is 13 percent. In Salt Lake City, millennials comprise 15.8 percent of its total population. Salt Lake City also has the lowest unemployment of all the markets on the top 10 list, at 2.9 percent (below the national unemployment rate of 4.7 percent).Some surprising c

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How a Smart Home Is at Risk

Smart homes can be susceptible to viruses, if homeowners aren’t careful.Many smart home devices are vulnerable, security experts say. A flood of inexpensive security cameras, thermostats, and other internet-connected devices have come to the market, and many of them are carrying minimal safeguards against remote hacking, The Wall Street Journal reports. What’s more, often times, many owners don’t realize their devices contain malicious soft

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Show a ‘Mini’ Man Cave When Space Is Tight

Bigger isn’t always better with the man cave. The “mini” man cave is starting to catch on.Men’s dedicated spaces may be shrinking from the garage or entire room to now be as small as just a walk-in closet.Still, “it’s important—for a man’s sanity—for him to have his own space in which to relax,” says Jason Cameron, a contractor and former host of the TV show “Man Caves.”Celebrities are bringing more attention to the trend.

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This Is How to Slow Rising Rates

The Federal Reserve has made two swift rate hikes in just four months and vows of more to come. But there’s a way to slow the pace of interest-rate hikes: Build more homes, Lawrence Yun, the chief economist for the National Association of REALTORS®, writes in his new column at Forbes.com.Building more apartments and single-family homes would help slow down inflation, Yun says.The nation has typically added 1.5 million new housing units each ye

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