At this point, the housing market just cannot have everything. It has recently registered an increase in home sales but is still fearfully scraping along the bottom, as apparent in subdued prices and the recent scandal on foreclosure fraud. The National Association of Realtors reported a 10% surge in existing home sales for the month of September. The seasonally-adjusted reading for Read full article »
Archives for Headline News
Foreclosure Fraud Lead To Investor Non-Activity
People are now aware that the foreclosure mess has led to lower sales on foreclosed homes. But what they don’t know is that it has also affected another group of people considered more influential in aiding the housing and economic recovery. The very people helping wipe out the inventory on foreclosed homes has decided to stay in the sidelines until Read full article »
RE/MAX Vision Offices In Metro Chicago Merge In One Location
Technology has become a big part of people’s lives, with it governing almost every aspect from the mundane daily tasks to bills-paying jobs. That’s why despite the housing market crash, real estate brokers have tried their best to balance cutting down on expenses and catching up with the continuously evolving technological advancements. This is the reason one Chicago brokerage has Read full article »
Orange County Fairgrounds Bought By Facilities Management West
Perhaps one of the hardest decisions a person can make is whether or not to sell something of sentimental value when the proceeds will surely fill a big gap in budget deficits. This is may just be the dilemma that California is facing. The sale of an iconic property to a real estate firm will address California’s budget woes but Read full article »
Things Are Looking Good For The Commercial Real Estate Market In 2011
With the apartment industry starting to pick up on construction and rental prices slowly going up, it is apparent that the commercial real estate market is on its move to recovery. In 2011, things just might continue to perk up, according to a global professional services firm and a non-profit education and research institute. The PricewaterhouseCoopers (PwC) and Urban Land Institute Read full article »
The Root And Effects Of Foreclosure Freezing
Banks freezing foreclosure proceedings and sale to review their foreclosure proceedings is hardly news. The truth is, though, that not everybody knows where the issue really stemmed from and what foreclosure freezing could mean to the housing industry and the economy as a whole. The following will shed light to some commonly asked questions about the latest buzz on foreclosure Read full article »
tags: foreclosure, freezing
Apartment Construction Set To Start Again In North Texas
The trend nationwide is veering away from home ownership to rental. And developers all over the country are starting construction on apartment units again. Even North Texas, which experienced a virtual construction shutdown in the past year, is seeing a comeback in construction. The vacant corner of Fairmount and Carlisle streets had been standing a bit forlorn as developers knocked down Read full article »
HFF Announces $70.1M Sale Of The Courts At Fair Oaks
There have been news left and right of how previous homeowners are slowly turning into renters. The recent sale of a multi-family housing community provides another proof behind the truth of that news. The Courts at Fair Oaks, formerly known as The Point at Fairfax, is a 364-unit luxury multi-housing community in Fairfax, Virginia. Its sale has been closed recently by Read full article »
Lending To Ninja Borrowers May Lead To Economic Double Dip
The past mistakes of the real estate industry is coming back to haunt not just then industry but the whole U.S. economy. When the real estate market crashed, analysts have all but tried to come up with solutions to revive the housing market. With the recent mess of foreclosure paperwork, reviving the market is not the biggest concern for everyone Read full article »
Rescued Chilean Miners Come Home To Hero’s Welcome
All the major news network featured it and hundreds of millions of people watched it: six rescuers going down an escape shaft to help get out the 33 Chilean miners trapped underground. The miners have been trapped for two months and the rescue operation took 24 hours. It was an amazing thing to watch and it turned the miners into Read full article »
This is box left header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.
This is box center header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.
This is box right header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.