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Aspen Associates Realty Group

5 Home Renovation Projects With Good Return on Investment
May 16, 2013

BOSTON (TheStreet) -- Spring is a popular time for home-renovation projects, but a recent study by Remodeling magazine and the National Association of Realtors found that not all upgrades are created equal when it comes to reselling your place.

 
"I always recommend making very wise use of your remodeling dollars to get a good return on investment," says Judy Moore, a suburban Boston real estate agent and a National Association of Realtors board member.

To read the full article click here.

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Home appraisals no longer derailing sales
May 16, 2013

NEW YORK (CNNMoney)

Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more deals to go through.

During the housing bust, sales were often derailed by low-ball appraisals that fell far shy of a home's selling price.

To read the full article click here.

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A Reality Check on Real Estate
May 16, 2013

New statistics on the real estate market show home prices have risen by about 9% over the past year. Does this mean that real estate is back?

On April 30, the Standard & Poors/Case-Shiller Home Price Indices release showed that a composite of real estate prices in 20 major metropolitan markets had increased by 9.3% over the past year, the best annual gain since May 2006. Does that mean the housing market is back to the heady days of the real estate boom? A quick reality check shows that not to be the case -- which may be good news for would-be home buyers.

To read the full article click here.

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Trulia expanding real estate platform with big acquisition
May 10, 2013

Trulia buying Market Leader for $355 million.

FORTUNE -- Online real estate listing platform Trulia (TRLA) today announced plans to acquire Market Leader (LEDR) for approximately $355 million. For those not familiar with Market Leader, it is a Kirkland, Wash.-based provider of customer relationship management software for the real estate industry, with big broker clients like Century 21.

The purchase would be at an implied value of $11.33 per Market Leader share (18% premium to yesterday's closing price), and would include $6 per share and 0.1553 shares of Trulia common stock

To read the complete article click here.

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March Home Prices Show Biggest Gain in 7 Years
May 10, 2013

By Christopher S. Rugaber

WASHINGTON -- A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006. CoreLogic, a real estate data provider, said Tuesday that annual home prices have now increased for 13 straight months. Prices are rising in part because more buyers are bidding on a limited supply of homes for sale.

Prices increased in 46 states over the past year -- 11 of them posting double-digit gains. And when excluding distressed sales, which include foreclosures and short sales, prices rose in every state. A short sale is when a home sells for less than what is owed on the mortgage.

To read to complete article click here.
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