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Housing Will Be Defining Issue in Presidential Election
2008-04-15 15:02:00 Interesting tidbit I found reading an article on Republican candidate John McCain changing his position on the foreclosure problem in the country. Political pundits are surmising that as long as we do not have a major terrorist attack, housing will be the dominant issue in the upcoming presidential election. That should be fairly interesting as it ... More About: Presidential , Housing Bubble , Foreclosure , Housing , Election
Top 10 Cities With The Worst Traffic
2008-04-15 14:26:00 Hate traffic? If so these are the cities you probably want to avoid. Washington D.C. leads the list as huge levels of government hiring have choked the infrastructure and created perpetual bottlenecks on most of the highways. Coming in second is Atlanta, Georgia. When I moved here in 1991 everything was 20 minutes away. The ... More About: Traffic , Cities , Featured
Is The Real Estate Downturn Ruining Your Mental Health?
2008-04-14 16:05:00 Downturns in fortune are not typically happy events. Loss of job, income, and savings will raise the stress level for any of us facing these issues. But MSNBC has a new article on how these downturns are affecting those in the real estate business. The gist of it is pretty generic, downturns raise stress and ... More About: Health , Mental , Estate , Real Estate , Mental Health
Menino - Send The Cities Your Tax Money (For Foreclosures, this time?)
2008-04-12 16:32:00 Boston mayor Thomas Menino asked for federal aid directly to the cities to help those facing foreclosure. Now I am sure that there are noble arguments that can be made and groups that will get the money to those that are truly needy. But that is not the reason for the plea by Menino. It is pure unadulterated ... More About: Money , Foreclosures , Time , Cities , Foreclosure
Senate Passes Foreclosure Bill
2008-04-11 14:59:00 The controversial election year housing bill has passed the Senate today, creating a possible showdown with the White House over passage of the bill. It is no surprise that I am not in favor of it as it will slowdown any much needed correction for the marketplace. Instead, after the politicians are done handing out ... More About: Real Estate , Foreclosure , Bill
Roommates.com Loses Fair Housing Case in 9th Circuit Court
2008-04-10 14:51:00 In a very controversial decision, the 9th Circuit Court of Appeals has ruled that Roommates.com has violated the fair housing laws by matching roommates by gender, sexual orientation, and parenthood. By asking prospective roommates to put in their status on these criteria and allowing prospective roommates to judge them on that basis. Now lets think this through, ... More About: Housing , Fair , Case
Senator Jim Bunning Condemns Housing Bill
2008-04-09 13:55:00 The housing bill that has wound it’s way through Congress is a boondoggle that could only be produced in an election year. Anyone who follows real estate and the issues being faced could tell you that, but most politicians want to be seen getting something done while giving pork to their friends and thouse politically connected. ... More About: Real Estate , Housing , Bill , Senator
Will European Housing Mirror The United States and Have a Downturn?
2008-04-09 13:38:00 A Cyprus financial paper had this article today about how the United States and Europe’s housing prices have mirrored each other in the past. Europe tends to lag slightly in the reaction to housing news in the United States. The article is very informative but I was unable to determine where it came from, so read at ... More About: European , Housing Bubble , Housing
California DA Looking Into Tax Reduction Services - Fraud or Intimidation
2008-04-08 13:33:00 This is a tough question. Who do you trust more, the government to be honest on reducing property taxes as values go down or the company that is charging a fee to help you appeal the same taxes? The reason this came up is the Alameda County District Attorney is investigating two companies for providing a service ... More About: Services , Taxes , California , Fraud , Reduction
Cash For Keys - A Way To Keep Foreclosures From Being Trashed
2008-04-08 13:06:00 If you are buying foreclosures you know some of the horror stories of how the foreclosed upon are destroying the properties on their exit. Well, there is a new concept coming out where the buyers are paying a stipend, called Cash For Keys , to the homeowners for a non destroyed home. It does make a great deal ... More About: Foreclosures , Foreclosure
As Real Estate Stumbles, Corporate Bankruptcies Increase in Florida
2008-04-07 13:25:00 If you are going to play in the real estate investment business your appetite for risk is greater than the average bears. So it is no surprise that real estate investment companies, builders, and suppliers are starting to fail as Florida tries to recover from the housing bubble. Real estate is a very capital intensive ... More About: Estate , Real Estate , Corporate , Foreclosure
Subsidizing Housing For Sex Offenders in New York City
2008-04-07 13:15:00 This is a problem that faces landlords all over the country. How to handle a tenant on the sex offender registry. The City of New York has an out though, they have a firm rule that housing for those who are on the sexual offender registry. They can not rent. But as with any large ... More About: New York City , Housing
California Real Estate New Licensee?s Drop Significantly
2008-04-06 14:40:00 The number of California real estate licensees has barely moved since the peak in November, but those taking the licensing exam have dropped significantly. State data also show a stark drop in the number of people signing up for the licensing exam. Just 1,324 people took the real estate salesperson exam in January, down from ... More About: Estate , Real Estate , Real , Drop
Sex Sells For Los Angeles Apartment Complex
2008-04-06 13:25:00 The video speaks for itself. Post from: The Real Estate Bloggers Sex Sells For Los Angeles Apartment Complex
At NYC?s Plaza, Quest For $100 Million Sale - WSJ.com
2008-04-05 19:47:00 The Plaza Hotel in New York may the canary in the gold mine for the over-reaching executives. Since they started selling condo’s in the building they have been snapped up as the glamour properties for some of America’s top executives. Well, it seems things crash and burn around those business magnates that bought a condo at the Plaza Hotel ... More About: Real Estate , Sale , Quest , Million
The 100 Percent Solar Home
2008-04-05 19:20:00 The creation of a fully solar home is an ambitious concept. Fortunately the developer is thinking of putting it on the Dubia coastline and not in the middle of Seattle, Washington. United Arab Emirates (UAE)-based real estate giant Nakheel is planning to build entirely solar-powered homes on its iconic Palm Jumeirah development. “The idea is still ... More About: Solar , Home
RETech South - Listing Syndication ?Trulia Me This, Zillow Me That?
2008-04-04 17:41:00 Participants: Kevin Boer, Moderator, 3O ceansRealEstate.com Rudy Bachraty, Trulia.com David Carroll, Softrealty.com David Harris, FLMS Brad Nix, Maxsell.net Discussion: Why do you want my information on a syndication site? Rudy frames it as a question of serving your client, it allows you to offer the largest audience available. David Carroll says that the information should be distributed in the most honest way possible. David Harris talks to serving ... More About: Real Estate , Syndication , Zillow , South , Listing
Facing Downturn, Fannie Mae Raises Levels For Mortgage Qualification
2008-04-03 16:36:00 Fannie Mae is tightening down the ship as foreclosures and bad debt piles up on it’s balance sheet. Previously they did not have a minimum FICO score for buying a loan, now it is 580. Another criteria for buying a loan is that the buyer not have a foreclosure on the record for 5 years, ... More About: Mortgage , Fannie Mae , Qualification , Facing
Top Ten Cities For Real Estate Investing, 1st Quarter 2008
2008-04-03 16:18:00 The kings of the We Buy Ugly Houses, HomeVestors has released their list of top real estate investing markets for the 1st quarter of 2008. The company specializes in buying and refurbishing modest homes for the marketplace. The list is probably one of the weaker ones out there, as they do not tell their methodology, ... More About: Estate , Real Estate , Real Estate Investing , Cities , Investing
Commercial Real Estate Dead? Not According To Blackstone
2008-04-02 17:24:00 The Blackstone Group is going against those predicting dire consequences for the commercial real estate market by raising an additional 10.9 billion dollars for their Real Estate Partners VI fund. The company sees a number of potential bargains on the horizon as the market retracts from its highs in 2006–2007. Blackstone said it had raised ... More About: Commercial , Real Estate , Dead
Trulia Captures RETech South - Video Style
2008-04-02 15:15:00 Rudy Bachraty, the man behind the camera and Social Media Guru at Trulia, has an awesome video of the day at ReTech South . Give it a watch, it does capture the essense of the day and the participants. Trulia.com behind the Scenes at ReTechSouth.com from rudy bachraty on Vimeo. Post from: The Real Estate Bloggers Trulia Captures RETech ... More About: Video , Style
Centex Sells 8.500 Homes and Lots For A Loss (But Gets a Big Dividend)
2008-04-01 22:01:00 Centex cut it’s losses today on 8,500 properties that were in various stages of development. The joint venture that purchased them paid roughly 455 million dollars for the properties that were on the books for 528 million dollars. To me this is a smart move by Centex. First they got some cash for the properties. ... More About: Homes , Loss , Dividend
Copper Pipes and Other Parts Worth More Than Some Homes
2008-04-01 16:25:00 An interesting phenomenon is occurring in communities across the country. Like junk cars, the parts and pieces inside the home are worth more than the actual home itself. With the rise in commodity prices for copper and other metals to record highs, many homes in depressed real estate markets are being chopped up for parts ... More About: Real Estate , Homes , Worth , Copper , Parts
Top 10 Riskiest Real Estate Markets In United States
2008-04-01 15:56:00 It is one thing to live in a market that is slow, but it is even worse when folks start telling everyone that it is one of the riskiest housing markets in America. I think the people in Detroit are resigned to the fact that they will lead any indicator of housing distress in the ... More About: United States , Estate , Real Estate , Markets , Foreclosure
Mile-High Skyscaper Planned to Be Built in Saudi Arabia
2008-03-31 21:24:00 If you are a fan of big buildings expect to be thrilled because Prince al-Wahid bin Talal of Saudi Arabia is planning on building a tower that will stand a mile high into the sky. No, that is not a misprint. If you do not think that the 100 dollar barrels of oil are creating ... More About: Real Estate , Saudi Arabia , Mile , High
Detroit?s Housing Sales Up As Investors Buy Bulk Deals
2008-03-31 15:39:00 This is a phrase I never thought that I would read about housing, buying in bulk. But with Detroit is a cataclysmic housing free-fall that is now how the banks are selling their foreclosed upon homes. Not one at a time but in bulk often at prices in the twenty thousand range. So when you read ... More About: Sales , Housing Bubble , Housing , Investors
Maggie Williams, Clinton Campaign Manager, Director of Bankrupt Subprime Le
2008-03-31 15:22:00 The tangled web of the housing market and politics is getting deeper. Hillary Clinton is proposing a 30 billion dollar bailout of the housing market. This obviously is a move to gain a populist edge in the coming election. Typical politics, nothing to see here, right? Well not so fast. Her campaign manager and chief adviser, ... More About: Mortgage Fraud , Manager , Campaign , Maggie
HUD Secretary Alphonso Jackson Qutting Position
2008-03-31 13:23:00 Alphonso Jackson , Secretary of Housing and Urban Development, is expected to resign his post as head of the Cabinet Department. The timing of this resignation is not a great indicator of how the White House and Congress are dealing with housing issues. There have been reports that one of the stumbling blocks is the relationship ... More About: Housing Bubble , Foreclosure , Mortgage , Position
Wordpress 2.5 Is Out
2008-03-29 16:40:00 Lots of cool updates in it but I would still recommend not putting it on your main blog sites for a couple of days till things shake out and any bugs that are in it are found. Wordpress 2.5 Link (1.2 mb download) Tags: Wordpress+2.5 Post from: The Real Estate Bloggers Wordpress 2.5 Is Out
Top 10 Metropolitan Areas With Biggest Population Gain
More articles from this author:2008-03-29 13:38:00 With all of the dire news on the real estate front, many areas are still growing hand over fist. Much of it is organic population growth but relocation also plays a big part. Dallas Fort Worth led the way in growth between July 1st, 2006 and July 1st, 2007. The city grew by over 162 ... More About: Metropolitan 1, 2, 3, 4, 5, 6, 7 |
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