November Market Update

    Industry News
    Foreclosure inventory still more than double ‘normal’ level – Despite substantial declines over the last three to four years, especially in the last year, the rate of foreclosure inventory—that is, the percentage of residential properties that were in some state of foreclosure—remains about two and a half times its “normal” or pre-recession level, according to Black Knight Financial Services’…
    Why it pays to list your home in Winter
    Money – A study by online brokerage Redfin found that average sellers net more above asking price during the months of December, January, February, and March than they do from June through November, even in cold-weather cities like Boston and Chicago.
    How ‘green’ is your city?
    REALTOR Magazine – What are the greenest cities in the U.S.? Several cities encourage an environmentally friendly lifestyle. WalletHub researchers recently compared 100 U.S. cities across 13 key metrics, locating those with…
    Investing in Real Estate – What’s the best way to invest in commercial real estate – REITs or directly? This topic has been debated seemingly forever in trustee boardrooms, financial planning seminars and even on golf courses.
    Technology News
    Inside BlackBerry’s last-ditch plan to win you back with Android
    CNET – BlackBerry is getting ready to sell the BlackBerry Priv, a smartphone that for the first time isn’t powered by the company’s own mobile software. Chen and Louks hope that by tying their fortunes to Android, the world’s most popular operating system, BlackBerry will do something it hasn’t been able to in five years…
    Other News
    How your voice can protect you from credit card fraud
    CNN Money – That call to your bank is being recorded for more than just “quality assurance purposes.”  Some banks are using voice biometrics and other technology to help determine who is calling where a call is coming from.
    Forget month-to-month: A better way to budget
    USA Today – This time of year, before the rush, is perfect to refine your annual budget, and here’s why.  Here are suggestions to start you on a real budget.

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