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Mar 27

New Home Sales Slip In February

Sales of "new homes" fell to the lowest levels in four months last month. According to the Census Bureau's monthly New Home Sales report, 313,000 new homes were sold in February 2012 on a seasonally-adjusted, annualized basis, representing a 1.6% drop from the month prior. A "new home" is a home for which there has been no prior owner nor tenant. At first glance, the data looks negative for the housing market; a suggestion that the well-publicized housing market recovery may be slowed. However, … [Read more...]

Feb 29

Introducing the User-Powered Development Directory

Leading independent Washington, DC brokerage M Squared Real Estate introduces Washington DC's first open, user-powered development directory. The directory, located on M Squared's website, features an intuitive search form to quickly locate developments that meet a specific set of criteria, such as: location, property type, number of units, number of floors, or date delivered/built.  For each development listing, the user is presented with a building photo, streetview location map, complete … [Read more...]

Feb 27

Market Reports & Housing Statistics Get Hyper-Local

  M Squared Real Estate's monthly neighborhood market reports get major data upgrade, plus new reports added! Our Research section received a major upgrade over the weekend.  Our monthly, neighborhood  'Summary' market reports now include specific statistical breakdowns by property type.  In addition, there are several new reports available at the neighborhood-level. Detailed Monthly Report - Detailed snapshot of activity during the previous month. Quarterly Report - Detailed … [Read more...]

Jan 23

M Squared Serves Up Flash-less Virtual Tours

Leading Independent Washington DC brokerage M Squared Real Estate serves up Flash-less virtual tours compatible with tablet & mobile browsers. M Squared Real Estate, an official Metropolitan Regional Information Systems (MRIS) virtual tour vendor, is pleased to introduce "flashless" virtual tours which are automatically syndicated to MLS and third-party syndication portals such as Zillow, Trulia and Yahoo! Real Estate. The virtual tours are created in-house by M Squared Labs,  the … [Read more...]

Dec 30

Pending Home Sales Index Rises Back Above 100

Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage. The Pending Home Sales Index rose 7 percent in November to rise to its highest level since April 2010, the last month of last year's home buyer tax credit program. The Pending Home Sales Index is published monthly by the National Association of REALTORS®. It measures homes under contract nationwide, but not yet "sold". In this way, the Pending Home Sales … [Read more...]

Dec 22

Home Supplies Fall To 7.0 Months Nationwide; Buyer Demand Strong

Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector. According to the National Association of REALTORS®, November's Existing Home Sales rose to a seasonally-adjusted, annualized 4.42 million units nationwide --  a 4 percent climb from October 2011. An "existing home" is a home that has been previously occupied and cannot be categorized as new construction. Home buyers and sellers throughout DC should take note of November's numbers … [Read more...]

Dec 01

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

Have you been floating a mortgage rate? It may be time to lock. At 8:30 AM ET Friday, the government's Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Better known as "the jobs report", the monthly Non-Farm Payrolls figures provide sector-by-sector employment data, and tally the size of the current U.S. workforce size. From these two elements, the national Unemployment Rate is derived. Since topping out at 10.2% in October 2009, the Unemployment Rate has … [Read more...]

Nov 30

Virtual Results teams with M Squared Real Estate for launch of VR Broker’s Choice

Introducing VR Broker’s Choice, THE Website Choice for Brokers who value their agents’ success. Laguna Beach, CA - Leading real estate Internet marketing firm Virtual Results, LLC is pleased to announce a new, strategic broker/agent website platform and partnership. The newly released VR Broker’s Choice is a powerful real estate Wordpress website solution built for Brokers to provide to their agents as part of their technology package. Agents can choose from a variety of beautifully designed … [Read more...]

Nov 08

Tips For Maximizing Your Home’s Appraised Value

A home appraisal is an independent opinion of your home's value, performed by a licensed home appraiser. Appraisals are part of the traditional home purchase process, and lenders require them for most refinances, too. Appraisers are trained professionals. First, they derive a base for your home's value based on the recent sales prices of homes that are comparable to yours in terms of bedrooms, bathrooms, style, and square footage. Then, accounting for features and amenities that make your … [Read more...]