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Top 10 Worst Metro Areas For Foreclosures, 1st Quarter, 2008
2008-05-14 13:42:00
The carnage is running rampant in California these days in the housing market as in some communities there seems to be a home on every street that is in some stage of foreclosure. For example, Stockton is leading the list and one out of every 30 homes is in some stage of foreclosure. The one ...
More About: Foreclosures , Foreclosure , Metro , Quarter , 2008
There are some incredible buys out there for first-time home buyers?
2008-05-14 13:25:00
“There are some incredible buys out there for first-time home buyers.” When you start seeing quotes like the one in the headline, you know we are getting near the bottom. In the middle of a gloom and doom report coming out of Florida, and it is very rough there right now, a nugget pops out that ...
More About: Home Buyers , Time , Home , Incredible , Buyers
The Foreclosure Fish - Saving One Pool At A Time
2008-05-13 14:29:00
One of the great problems that is affecting foreclosures in Arizona, California, and Florida is what happens to the pools after the homeowners leave. These pools turn into a breeding ground for mosquitos that have the potential to carry disease and make neighborhoods unsafe for all who live there. Enter the mosquito fish, or it’s ...
More About: Real Estate , Fish , Time , Foreclosure , Pool
Foreclosure Process Ends For Now On Michael Jackson?s Neverland Ranch
2008-05-13 14:05:00
Michael Jackson , world famous singer and one of the worlds most bizarre individuals, was given a reprieve when Colony Capital purchased his 23.5 million dollar mortgage that was in foreclosure. The company says it is re negotiating the lease while they also search for buyers. The Neverland Ranch is famous for it’s collection of roller ...
More About: Real Estate , Michael Jackson , Foreclosure , Michael
Slow Real Estate Market Has Upside, Divorce Rate Dropping
2008-05-13 13:55:00
Want to keep marriages lasting longer? Keep the housing slump going. According to experts, the housing slowdown is causing the divorce rate to drop as homeowners are unable to sell their homes. Essentially, couples can not afford to be separated. There is the good and the bad in this situation. Those marriages that just need work may ...
More About: Divorce , Estate , Real Estate , Real Estate Market , Market
Breaking the Real Estate ?Walled Garden? Of Information
2008-05-12 13:37:00
The real estate world has always protected their MLS data like it was gold, and to them it is. Go to almost any real estate office and see the security that is put on the MLS computers. If you think of Fort Knox you are not far off. But the protection of the data that ...
More About: Information , Estate , Garden , Real Estate , Real
Home Managers An Alternative To Selling Empty Home
2008-05-11 16:02:00
If you have luxury properties that are sitting empty you may look into a breed of professional home sitters, the home manager. Home s tend to maintain so much better when someone is living in it. The homes also show to potential buyers when they are under constant care. The  home managers job is to maintain ...
More About: Selling , Alternative , Managers , Empty
Why Should You Create A Real Estate Blog For Yourself If You Are A Realtor?
2008-05-10 16:14:00
So you were reading online that to rank for your hometown and real estate is important on this internet thing. Someone even told you that there were buyers that did not pick up the glossy magazine and searched for homes online. So after some research looking over another Realtor s shoulder at the Starbucks while you ...
More About: A Real Estate , Estate , Real Estate , Blog
Optimistic Investors Finding Deals In San Francisco
2008-05-09 18:06:00
The tide is turning in San Francisco too. As we talked about earlier with Karl Case of the Case Shiller index saying the statistics indicate we have hit bottom in the market. Now word come from the SF Gate that the sentiment in the San Francisco Bay area is that the deals now are too good to ...
More About: Investors
Is That Bouncing Sound I Hear The Bottom Of The Real Estate Market?
2008-05-09 17:55:00
According to Wellesley University professor and housing market guru Karl Case, that may very well be the situation we are seeing. The historical trends and demographics of new home starts and sales data are showing what has in the past 40 years show the bottom of the housing market. Now, I profess to have all ...
More About: Estate , Real Estate , Real Estate Market , Market , Sound
New Jersey ?Extreme Makeover Home Edition? Home Put On Market For a Day
2008-05-08 15:30:00
If you do not follow the show Extreme Home Makeover it is one of the most heartwarming things on television. A family in financial trouble and living typically in squalor has the ABC crew come in and work with thousands of volunteers to build a home in one week. That is why it is so ...
More About: Real Estate , Market , New Jersey
Zip Realty First Quarter Loss Tops 7.3 Million
2008-05-08 15:20:00
Zip Realty , the discount real estate brokerage, announced a loss of 7.3 million dollars for the first quarter of 2008. The company’s shares were up after the announcement as the market was expecting a larger loss. With the ultra competitive sellers market we are facing it is amazing that ZipRealty is still in the game ...
More About: Real Estate , Tops , Loss , Million
Green Remodeling - The Next New Wave For Homeowners?
2008-05-07 16:35:00
Face it, the odds of energy costs coming down in the near future are nill. Combine that with a stagnant housing market, a glut of starving construction workers, and personal incomes for most not going down, you have the recipe for a surge in Green Remodeling . The Green movement has always been a fringe element ...
More About: New Wave , Wave , Homeowners
Using A Foreclosure Home as a Marijuana Grow House - Not Very Smart
2008-05-07 15:35:00
A Fontana, California man is accused of turning his home into a marijuana grow house after a bank examiner found the evidence during an inspection. This has to be one of the stupidest crooks of all time. After investing a couple of hundred thousand into the home and equipment to create the grow house, going ...
More About: House , Home , Smart , Foreclosure , Marijuana
So Maybe The Housing Slump Is Not Causing A Depression
2008-05-07 05:29:00
There are some out there who are hoping for a new depression to come out of the housing slowdown. Well kids, after reading the tea leaves, things are not going to be so bad. When all the experts were stating we were in a recession, the economy grew .6 percent. So it is a rosy ...
More About: Real Estate , Depression , Housing , Slump
Congratulations To Zillow and Trulia - Webby 2008 Award Winners
2008-05-06 15:53:00
Congratulations Zillow and Trulia for their victories in the Webby Award s For 2008. Both companies are leaders not just in the online real estate space but also showing other industries how to harness the web to change the playing field. Press Release: Hailed as the “Internet’s highest honor” by the New York Times, The Webby Awards is ...
More About: Winners , Congratulations
1st Quarter, 2008 Top 5 Mortgage Lenders
2008-05-06 15:11:00
While mortgage lending is down 22 percent from the 1st 2007, it did rise 3 percent over the preceding quarter. The top lenders include embattled Countrywide Financial who is still expected to be acquired by the 4th largest lender, Bank of America.   It is interesting to see that the banks are now taking a leadership role in ...
More About: Mortgage , Lenders , Quarter , 2008
Generational Marketing For Real Estate Agents
2008-05-05 23:15:00
I just read a great article over at Copyblogger on Generational Marketing . Real ly, go read it now, here is the link;  Are You Talkin’ to My Generation? Are you back? Okay, great, lets move forward. Here is my question for the real estate agents out there. Who is the customer for the homes you are selling? Not all of ...
More About: Estate , Real Estate , Agents
Why Rental Market Is Going Strong
2008-05-05 14:57:00
Looking to invest in real estate, the rental market may be your best friend right now. As homeownership costs are still outpacing the cost of renting by nearly 10 percent and purchasing a home is difficult in a tight capital market, renting is still the option of choice for many. Investment News has an article ...
More About: Market , Rental , Rent , Strong
First Quarter Loss For Weyerhaeuser Due To Slow Housing Starts
2008-05-05 14:53:00
Weyerhaeuser, the lumber and forest company, recorded a loss of 148 million in the first quarter this year. The loss was due mainly to the weak United States new construction market. When stick built homes are not being built it makes it very hard on the supply companies. Of course if you are planning a ...
More About: Housing , Loss , Slow , Quarter
Federal Meddling in Housing Market Spells Disaster
2008-05-05 14:43:00
In one of the best written articles on the housing market problems and how the Federal Governments intervention could make it worst has now been written by J.D. Foster. If you have a few minutes please read it. It is one of the most succinct articles on how much damage the meddling of our government can do ...
More About: Market , Disaster , Housing , Spells
What Consumers Do Not Know About Their Mortgages
2008-05-03 15:32:00
While we in the real estate blogosphere try to figure out why the mortgage crisis is not resolving itself, the reason might be staring us in the face. The consumer never learned the rules of the game. Real estate agents and mortgage brokers got so caught up in the frenzy of selling and doing deals ...
More About: Mortgage Fraud , Mortgage , Mortgages , Consumers
Mortgage Fraud Now A Specific Crime in Missouri
2008-05-03 15:21:00
Mortgage fraud was rampant in the beginning of the century, that is very obvious to anyone who has watched the real estate market recently. That is why the new legislation coming out of Missouri is good to see.  Missouri is going to make the crime of mortgage fraud it’s own category of law with enforcement and very specific ...
More About: Fraud , Crime , Mortgage Fraud , Foreclosure , Mortgage
Jose Canseco Loses California Home In Foreclosure
2008-05-02 12:57:00
I rarely wish bad tidings on people but the career of Jose Canseco has been laced with self absorption, cheating, lying, and other serious character defects. Could this result surprise you at all? Canseco makes an obligation to pay a mortgage but then decides that it does not make sense to keep paying on it. ...
More About: California , Home , Foreclosure
Sam Zell - Commercial Real Estate Coming Back
2008-05-01 18:49:00
Sam Zell, billionaire and commercial real estate maven, is predicting that commercial real estate is coming back, albeit slowly as the credit market is loosening up. The city center is the strongest market and there is great risk in the “ex-urban, the glass-block commodity office building” sector. Overall though Zell seems very bullish on the ...
More About: Commercial , Estate , Real Estate , Back , Real
Sam Zell - Commmercial Real Estate Coming Back
2008-05-01 18:49:00
Sam Zell, billionaire and commercial real estate maven, is predicting that commercial real estate is coming back, albeit slowly as the credit market is loosening up. The city center is the strongest market and there is great risk in the “ex-urban, the glass-block commodity office building” sector. Overall though Zell seems very bullish on the ...
More About: Estate , Real Estate , Back , Real , Sam Zell
Army Barracks Housing Video Stirs Pentagon To Investigage All Housing
2008-05-01 12:52:00
Congratulations to all who got behind the effort to alert Congress and the Army about the deplorable conditions at Fort Bragg. The Army launched a worldwide investigation into all barracks in the system to discover the level of housing issues our soldiers face. Great job and this should make the homecomings easier for America’s heroes. Brig. ...
More About: Video , Real Estate , Housing , Pentagon
Fannie Mae Chief Executive Predicts National Housing Recovery in 2010
2008-04-30 16:32:00
The head of Fannie Mae is predicting a slow real estate market spanning through 2009 as indicators such as the Case Shiller report as showing even greater weakness in the market. Daniel Mudd predicts the slowdown lasting longer than many other prognosticators, but interesting enough recognizes that he is guessing as forecasting housing is not ...
More About: National , Recovery , Chief , Housing Bubble , Housing
East Haven Connecticut Housing Official Charged With Stealing $173,000
2008-04-30 16:21:00
A Connecticut Housing Official and her husband is now charged with stealing Section 8 housing money from the East Haven housing authority. The amount of 173 thousand dollars was taken through a debit card that Cassandra Ashe illegally obtained. I do hope she gets what she and her husband deserve stealing our tax money that was designated for low ...
More About: Affordable housing
New York City Real Estate Tax Revenue Down
2008-04-30 16:13:00
Local government officials must be getting nervous if they are reading this story. New York City is one of the few hot warm spots in the real estate market and is showing a significant weakness in tax revenue collection. What are the mayors of Stockton and San Diego thinking as they try to keep all the bloated city ...
More About: Estate , Taxes , Real Estate
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