Florida sets record: 10 years without a hurricane



For the 10th year running, Florida dodged a hurricane, setting a new record, while the rest of the eastern seaboard escaped a hit by a major hurricane. It helped that the 2015 season — four hurricanes, a depression and seven tropical storms, including one that triggered a state of emergency across Florida — largely followed the preseason playbook that called for fewer storms thanks to a powerful El Niño weather pattern heating up the Pacific.

Read more here: http://www.miamiherald.com/news/weather/hurricane/article46942700.html#storylink=cpy

BY JENNY STALETOVICH

Read more at
http://www.miamiherald.com/news/weather/hurricane/article46942700.html

High returns bring foreign investors to Detroit real estate market

High returns bring foreign investors to Detroit real estate market


Photo by COSTAR GROUP INC.

Comparatively high rates of return on real estate investments in greater downtown and metro Detroit as a whole continue to drive foreign investors to the region in search of deals.

It's difficult to quantify exactly how much money from overseas has been spent on real estate investment sales in the past few years, but it's well into the several hundred millions of dollars, said Dennis Bernard, founder and president of Southfield-basedBernard Financial Group Inc.

By KIRK PINHO

Read more at
http://www.crainsdetroit.com/article/20151129/NEWS/311299980/high-returns-bring-foreign-investors-to-detroit-real-estate-market

Real Estate News: Chinese Investments Flooding U.S. Real Estate Market

Real Estate News: Chinese Investments Flooding U.S. Real Estate Market



Photo : Christopher Furlong

Canyon Lake Ranch, a place 35 miles northwest of Dalas that used to be known for outdoor activities such as camping and water skiing has been transformed into a zoo of dangerous animals. However, the ranch will soon be transformed into a subdivision with 99 small mansions that are designed for Chinese buyers who are mostly from the Mainland, China.

Posted by Staff Reporter (media@realtytoday.com)


Read more at
http://www.realtytoday.com/articles/57085/20151130/real-estate-news-chinese-investments-flooding-u-s-real-estate-market.htm

US pending home sales edge higher amid tight supply

US pending home sales edge higher amid tight supply



[WASHINGTON] Pending home sales reversed two months of falls with a slight gain in October, as tight supplies keep a damper on home buying, the National Association of Realtors reported Monday.




Read more at
http://www.businesstimes.com.sg/real-estate/us-pending-home-sales-edge-higher-amid-tight-supply

The real estate industry in Texas is showing signs of continued growth, employment , and increasing population.

The real estate industry in Texas is showing signs of  continued growth, employment , and increasing population.



Photo : Scott Halleran/Getty Images


"The Texas real estate market has been firing on all cylinders in 2015. People are relocating to Texas from far and wide, homes in all price classes are in high demand and the number of available properties is slowly rising," said Scott Kesner, chairman of the Texas Association of Realtors.
Posted by Staff Reporter (media@realtytoday.com)

Read more at

http://www.realtytoday.com/articles/57864/20151202/texas-real-estate-news-2015-housing-market-shows-strong-gains.htm

Foreign Investors Fuel Price Real Estate Trend

Foreign Investors Fuel Price Real Estate Trend

Photo / Shutterstock

By Ken Molestina

In almost every sale involving an international investor they pay in cash and well above the listing price.These cash offers are coming in 10,20,30 even 40 thousand dollars over, and obviously the seller is going to go with the easiest deal





http://dfw.cbslocal.com/2015/12/01/foreign-investors-fuel-price-real-estate-trend/

The Top 10 Real Estate Markets to Watch in 2016

The Top 10 Real Estate Markets to Watch in 2016 


John Lund/Stephanie Roeser/Getty Images

Month after month here at realtor.com®, we use our data to determine the hottest markets in the U.S.—where home buyers and sellers are the most motivated and active. And as 2015 winds down, we started to wonder: Where are the next red-hot places for real estate?

In spite of the picture above, we don’t actually have a crystal ball here (sadly), but we do have our chief economist, Jonathan Smoke. As part of the realtor.com 2016 Housing Forecast released on Wednesday, he homed in on the top 10 up-and-coming metropolitan markets in the country.

By
Cicely Wedgeworth

Read more at
http://www.realtor.com/news/trends/top-10-real-estate-markets-to-watch-in-2016/