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Sep 29

Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July

Standard & Poors released its monthly Case-Shiller Index this week. The Case-Shiller Index measures home price changes from month-to-month, and year-to-year, in 20 select U.S. cities. It also reports a "national" index; a composite of the values in said cities. The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities. Only Phoenix and Las Vegas fell. Denver was flat. Also noteworthy is that, of … [Read more...]

Sep 27

Existing Home Sales Jump; Home Supplies Falling

Are home resales rebounding? According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August from the month prior, and 19 percent as compared to August of last year. "Existing homes" are homes that are previously owned; ones that cannot be considered new construction. A total of 5.0 million existing homes were sold last month on a seasonally-adjusted, annualized basis. This is slightly better than the 12-month home resale average, a statistic partially … [Read more...]

Sep 13

Adjustable-Rate Mortgages Starting To Adjust Higher

For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates. The interest rate by which many adjustable-rate mortgages adjust has climbed to its highest level since September 2010, and looks poised to reach higher. This is because of the formula by which adjustable-rate mortgage adjust. Each year, when due for a reset, an adjustable-rate mortgage's rate changes to the sum of fixed number known as a "margin", and a variable figure known as an "index". … [Read more...]

Aug 31

Dominic Morrocco Discusses Web-Based Live Chat with RE Technology Inc.’s Emily Youngman

Dominic Morrocco (M Squared Real Estate Co-Founder) recently sat down with Emily Youngman of RE Technology, Inc. to discuss web-based, live chat for the residential real estate industry. Below is the full article.  The original publication can be found here.   Chatty Kathy, Beware! The Don’ts of Chat for REALTORS® In today’s virtual world, the concept of a workspace has become – er – relaxed. More people are working at home, in coffee shops, on airplanes. This presents obvious … [Read more...]

Jul 28

16 of 20 Case-Shiller Cities Show Improvement In May (including Washington, DC)

Standard & Poors released its May 2011 Case-Shiller Index this week. The index measures change in home prices from month-to-month, and year-to-year, in select U.S. cities. May's Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index's 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat. Don't look too far into the findings, though. Like the FHFA's Home Price Index, the Case-Shiller Index is rife with … [Read more...]

Jul 22

State of the Market: Washington, DC June 2011

The Marketwatch video above from RealEstate Business Intelligence digs into the most recent DC housing numbers and how they compare to to previous conditions this year. The June 2011, State of the Market report includes: Monthly sales, inventory & days on market summary Detailed sales, inventory & days on market by property type. Monthly market indicators, historical data and closed listings. Housing supply outlook, trends of sales summary Click Here to view/download the … [Read more...]

Jul 14

For The 9th Straight Month, Foreclosure Filings Fall

For the 9th straight month last month, foreclosure activity slowed. According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June. The phrase "foreclosure filing" is a catch-all term, comprising default notices, scheduled auctions, and bank repossessions. June marked the ninth consecutive month of sub-300,000 filings after 20 months above it -- a promising signal for the housing market in District of Columbia … [Read more...]

May 31

M Squared Announces Complimentary Zipcar Memberships for All Company Agents

M Squared Realty, Washington DC’s premier residential brokerage announces the immediate addition of membership to Zipcar, the world’s leading car sharing network, to the company’s growing list of agent perks. With over 800 vehicles in more than 25 District of Columbia neighborhoods, Zipcar offers drivers the convenience of “wheels when they want them” without the hassle and expense of insurance, gas or roadside assistance. For city-based real estate brokerages such as M Squared, Zipcar … [Read more...]

Apr 18

Ask An Agent: Toll-Free, Skype, Google Voice & Live Chat

April 18, 2011 (Washington, DC) – M Squared Real Estate, Washington DC’s premier residential real estate brokerage, recently unveiled new methods to “chat up” an agent while viewing property on their website. The ‘Ask an Agent’ toolbar located on the company’s website at the top of listing detail pages and photo galleries, enables visitors to connect with an agent using a traditional a toll-free phone number, but goes further by incorporating instant, online services such as Skype, Google … [Read more...]

Apr 18

M Squared Real Estate featured in DC City Blog

April 18, 2011 (Washington, DC) - Last Friday (April 15th), Mark Mlakar and Dominic Morrocco of M Squared Real Estate sat down with DC City Blog to discuss the brokerage's forward-thinking technological and marketing strategies, as well as the company's culture. You can read the interview on DC City Blog by clicking here.   … [Read more...]