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Up, Up, Up and Away, Saline, Michigan Real Estate Market is all Good News
2011-12-16 22:26:00 Positive upward movement in the Saline Real Estate Market. After reviewing the 24-month chart below, for the Saline, Michigan real estate area there is nothing but good news. Let’s focus in on the red line in the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering on the linear red line at around $118.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $98.00 per square foot. This year, compared to last year shows an approximate 3.9 percent increase in the linear (avg. square foot / sale price) in Saline. This upward trend in sales price per square foot is very good news for Sellers and REALTORs alike. Home sales are up by 4.65 percent compared to last year’s total number of sales. This indicates that the market is showing signs of an upward trend and stabilizing slowly over the last 2 years. Our linear indicator is moving upward. No o...
By: Ann Arbor Talks
Milan, Michigan Real Estate Market is Trending Upward
2011-12-16 01:19:00 There is a positive Upward Trend in the Milan Real Estate Market. When reviewing the 24-month chart below, for the Milan, Michigan area, we need put our attention to the red line on the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering on the linear line around $70.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $67.00 per square foot. This year, compared to last year shows an approximate 5.36 percent increase in the average linear (sales price per square foot) in Milan. This upward trend in sales price per square foot is very good news for Sellers and REALTORs alike. Home sales are down by 14.5 percent compared to last year’s total sales. This shows that the market is flat in total volume of sales over 2 years, however, homes are selling at a higher square foot price which is a stabilizing factor over a 2-year time frame. Our line...
By: Ann Arbor Talks
Manchester Real Estate Market is Trending Upward and Looking Forward to 201
2011-12-15 01:23:00 There is a positive Upward Trend in the Manchester Real Estate Market. When reviewing the 24-month chart below, for the Manchester area, we need to pay close attention to the red line on the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering around $90.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $77.00 per square foot. This year, compared to last year shows an approximate 27.76 percent increase in the average linear sales price per square foot in Manchester, Michigan. This is very good news for Sellers and REALTORs alike. Home sales are remaining constant at 56 homes sold each year for 2 years in a row. At least the market is running flat and appears to be stabilized over the same 2-year time frame. No one’s complaining about this kind of good news as the year 2011 soon comes to a close. Buyers as well as Sellers should pay clos...
By: Ann Arbor Talks
Ann Arbor Real Estate Market – Trending Upward Bringing Good Tidings and
2011-12-14 20:40:00 The Ann Arbor real estate market is proving to be good tidings and great joy as we head to the finish line. An upward trend has both Sellers and REALTORs very happy. Sales are continuing to be seasonally steady as we review the last 2 years of market statistics for number of homes sold and average square foot / sale price. When reviewing the 24-month chart below, for the entire Ann Arbor area real estate market, let’s pay close attention to the red line on the chart which indicates an upward trend in the Linear (Average Sale Price per Square Foot) which is now hovering around $151.00 sales price per square foot for the year end 2011. Based on 2 years of data the linear average sale price per square foot is up this year from last by approximately 3.54 percent. The number of homes sold is up approximately 4.63 % over the same 2-year time frame. And comparing the last 2 months, October and November 2011, the number of sales were up 10.7 percent. So, in review th...
By: Ann Arbor Talks
Toronto Residential Real Estate Market Watch: October 2011
2011-11-04 04:21:00 Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said Toronto Real Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall.”The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010.“Sellers’ market conditions remain in...
Toronto Residential Real Estate Market Watch: October 2011
2011-11-04 04:21:00 Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said Toronto Real Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall.”The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010.“Sellers’ market conditions remain in...
Chicago's summer real estate market is in the doldrums
2011-07-08 09:23:00 On July 20 the Illinois Association of Realtors is going to pretty much tell you what I’m telling you now: June home sales for Chicago were down 28.5% from last year. Given that the government mucked up the housing market last year with their lame Kcash For Shacks (home buyer tax credit) program this is...
Foreclosures Drive the Chicago Residential Real Estate Market
2011-05-30 20:59:00 Many homeowner's and investors in the Chicago area are disappointed by the current value of their residential property that appears to still be decreasing. They are concerned "if and when" the price for their home will return from record lows. Most who bought their home between 2000 and 2007, during the housing "bubble" are greatly affected by the downturn in the market. The value of their property is often 30-40% less than the market highs during this time; much lower than economists expected. Many homeowners that do not have to sell are waiting on the sidelines for the residential market to improve. But, will it and when? The driving issue which is slowing down a recovery is the large amount...
GTA Real Estate Market Watch – April 2011
2011-05-07 06:57:00 Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011.This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898. While off last year’s record result, April 2011 sales were in line with the average April sales level reported over the previous five years. “Existing home sales have been strong from a historic perspective through the first four months of 2011.Expect the pace of sales to remain robust through the spring, as the economy expands and home buyers continue to benefit from affordable home ownership opportunities,” said Toronto Real Estate Board (TREB) President Bill Johnston. Market conditions tightened markedly over the last year. April 2011 sales accounted for 62 per cent of new listings during the month – up substantially from 53 per cent in April 2010. Tighter conditions resulted in the average April selling price growing by nine per cent annually to $477,407.“...
Chicago Real Estate Market: Early Signs Of Improvement In November
2010-12-13 14:15:00 In about a week and a half the Illinois Association of Realtors will be releasing the home sale statistics for Chicago, the region, and the state. Once again the actual closings will be abysmal relative to last November. I estimate that they will report sales down about 40% from last year - with their usual extremely creative positive spin. But in all fairness last year's home sales were goosed by that tax credit fiasco and this year is suffering from the vacuum left behind by that same tax credit. Oh, BTW, 39% of those November home sales were distressed properties - either short sales or foreclosures. Pretty much the same as previous months. So where are the early signs of...
Hong Kong Real Estate Market Update Nov 2010
2010-11-19 21:21:00 It is about time to have another update for HK housing market. The government issued new policies yesterday to suppress the blazing hot housing market. The questions are: 1) Can those policies alleviate the upward pressure of the housing price? Yes 2) Can they turn the bull housing market into a bear? No (Nor the ...
Who's afraid of the Winnetka real estate market?
2010-09-26 02:24:00 Half a dozen homes in Winnetka are currently on the market for less than $500,000.
Lake Forest real estate market - upper range up, mid-range flat
2010-05-12 02:35:00 Homes in Lake Forest in the $1 million and up price range have begun to sell, but the market for mid-priced homes is still slow reports Prudential Rubloff's Wendy Bergseth.
Los Gatos Real Estate Market Update for January 2010
2010-02-06 03:54:00 What's the market doing? As always, it depends on which part of the market. For an overview of the Los Gatos Real Estate Market, my Silicon Valley Real Estate Report will update you by home type (house or condo/townhouse). In January, how things seemed depended a lot on what you were comparing it to. Clearly it's a lot better than a year ago - but we have far to go. Los Gatos Houses for Sale, Pending Sale, and Sold in January 2010: Single family homes (houses and duet homes) in Los Gatos - prices are slipping (thought this isn't the case in all parts of the Los Gatos real estate market), sales were up as compared to a year ago, inventory is still low, DOM is shrinking and the list price to sales price ratio is rising slowly. So another month of mixed signals but clearly some "green shoots" of hope. Trends At a Glance Jan 2010 Previous Month Ye...
Los Gatos Real Estate Market Numbers - in for Dec 2009 and 2009 as a Whole
2010-01-06 19:47:00 My Santa Clara County Real Estate Report is now updated to include the data from December 2009 for Los Gatos, San Jose, and, of course, all of Santa Clara County. From any of the links below, you can navigate to see the same info for he county as a whole or other areas (both cities and districts within San Jose such as Cambrian Park or Almaden Valley). December 2009 report for Los Gatos single family homes December 2009 report for Los Gatos condos & townhomes Third quarter 2009 report for Los Gatos single family homes Third quarter 2009 report for Los Gatos condominiums and townhouses 2009 annual report for Los Gatos single family homes 2009 annual report for condos and townhouses Los Gatos residential real estate prices are down year-over-year (10-20% for most homes). Los Gatos has mixed indicators - some numbers are better, some are worse. Have we hit the bottom yet? Some say yes, some think that there are ...
Edmonton Real Estate Market
2009-09-24 01:45:00 The market in Edmonton is finally balanced again. Although prices are a little lower, less than 1%, than what we saw in August last year."Although sales numbers cooled a bit after record sales in June and July, we are still experiencing the strength of the market in Edmonton," said Charlie Ponde, president of the Realtors Association of Edmonton.June and July saw sales rise 28% over the same period one year before; low interest rates and great deals were probably behind the jump in activity. Seasonality could be in effect as well were winter saw a near freeze. The market picked up in the warmer weather.Alberta's economy will make a comeback in 2010--strong enough to contribute to the national recovery, yet modest enough so that we don't see the problems associated with the break neck growth we saw in the mid 2000s.
Revealed: The state of the international real estate market in Belize
2009-09-22 03:59:00 One of the frustrating things about investing in real estate in Belize (or elsewhere in Central America for that matter) is the difficulty of getting hold of objective market data. There are no easily accessible central databases or comprehensive Multiple Listing Systems to research. Buyers are often left with information they receive from real ...
Hills at Prestonwood and Indian Creek Real Estate Market Conditions
2009-09-19 18:28:00 Hills at Prestonwood - Indian Creek Real Estate Update These days you need to know the numbers before you buy or sell and it's good to take a look at the current trends by neighborhood. You can see the Hills at Prestonwood and Indian Creek sales are better than the spring season 9 vs 11. The median sales price has come down considerably due to the lower end market being much more active, under 500K due to scarcity of jumbo loan financing. 417K is the threshed before you jump into jumbo lending. The sale to list price is 94.68% which indicates some properties might be priced too high in the beginning because sellers are making concessions. As far as inventory goes almost 70% of the homes are selling within 90 days. You can bet the other 30% are high end properties over 600K. Pending properties has picked up (waiting to close). If you have an opening price point home, chances are you have a great chance of selling it within 30 days and it looks li...
By: Plano Blog
Commercial Real Estate: The Iceberg is Melting Faster!
2009-09-18 17:24:00 This isn't a global warming post in any sense of the phrase. Unless, of course, it is your bank account that is melting away faster than you care for it to melt away. This post is a kinda-sorta extension of last week's post in which I said a new wave of foreclosures is in the immediate future. My statement was based on the commercial real estate market and lo and behold the very next Monday, Corus Bancshares Inc. was seized by the Feds. As it turns out, CBI financed a 377 unit condo called The Montage in downtown Reno. Several years ago the latest craze to hit this city was to take shuttered casinos - yes, casinos go belly up - and convert them into condo complexes. This particular complex had units priced from $150,000 to more than $1 million. This was during the high flying years. Today these same units won't fetch $10,000 no matter where they are located in the complex. My youngest son was in the market at about that time for a dwelling. He liked the idea this complex wa...
Windhaven Real Estate Market Conditions
2009-09-18 00:17:00 Windhaven Market Conditions It's no secret that inventory is low in some West Plano neighborhoods. So the good houses go quick, meaning updated and nothing to do unless you have a buyer that wants a project. The biggest shout out is that around 70% of the listings in Windhaven sell within 60 days and 92% sell in 90 days, that's good news for sellers. And for home buyers: it's a great location in the Willow Bend area. Also you can see the sale to list price is 100% for homes on the market for over 120 days...and that's because the home was overpriced in the first place and by the time price reductions are taken, slowly but surely, the price gets low enough for a buyer to buy for the condition of the home. It's a painful journey.... [where:75093, Windhaven Real Estate, Market Update]
By: Plano Blog
Placer County Real Estate Market Report
2009-09-17 19:33:00 Have you been anxiously awaiting the single family home sales report for August in neighborhoods like Roseville, Granite Bay, Rocklin, Lincoln and Auburn? I finally got the time to put the August 2009 home sales report together for you. Be sure to click and check out your specific neighborhood for the real estate trend in your ...
Willow Bend Real Estate Market Conditions
2009-09-16 22:40:00 Current Market Conditions for Willow Bend If you want to know the truth about real estate you really need to drill down to each sub division to see what's really going on. General information is good but rarely depends on your exact location. The report below is just for Willow Bend, a glimpse into this area. The results go back to September of last year when the bottom fell out and things got quieter. The current last 3 months of sales is better than the prior, much better. The absorption rate is important because it tells you how deep the inventory is. Now 7.67 months supply is not ideal but financing issues on jumbo loans have a great deal to do with that. Median prices have adjusted considerably and you do have to figure in a few foreclosures for that. Days on market are almost 50% lower than a year ago, a good sign. And sale to list price is better also at 96.48%. As a buyer you can see that activity has picked up and going the right ...
By: Plano Blog
Sacramento Real Estate Trends for 2009-2010
2009-09-14 15:30:00 Seems there is a rumor that Real Estate is turning around in Sacramento. I keep hearing that from people I run into and it surprises me. That is not what I am finding. Home sales were down last month for a very good reason. Most homes for sale are Short Sales and they take feverishly ...
The Real Estate Market has hit Bottom
2009-08-03 02:43:00 The Associated Press released an article today stating the national averages show the Real Estate market has hit bottom and is slowly climbing from the bottom. According to the article, the market has rebounded from a low in January to the most recent statistics of June.January vs June:Home Sales up 28%Price up 10%Sales up 3%New Home Construction up 113%They do warn that an increasing unemployment rate and quickly approaching deadline on the $8,000 first time home buyer credit could significantly slow the rebound. All in all, these are good signs.Article: http://www.cnbc.com/id/32249022-
The state of the real estate market in Nicaragua 2009
2009-06-27 23:19:00 Property investors looking at Nicaragua need good data to make good decisions. Until now, finding this data has been quite difficult. There are no centrally held databases collecting market data and no Multiple Listing System (MLS). Our goal at Reveal Real Estate is to plug this information gap. We aggregate asking prices from real estate developments ...
Las Vegas Home Sales Skyrocket In Real Estate Market For 13 Months
2009-05-10 08:51:00 Las Vegas home sales skyrocket in real estate market for 13 months in a row. The Greater Las Vegas Association of REALTORS reported prices continued to decline in April and is leading the US in home sales. Homes listed for sale in the multiple listing service has continued to decline in April to 22,112. A ...
Boca Raton Real Estate Market Improving
2009-04-26 13:38:00 Boca Raton Market Conditions Are Improving Some encouraging news recently released by the Florida Association of Realtors. Palm Beach County home sales stopped falling during the month of March 2009. The median price for a single-family residen...
The real estate market in Central America: In graphics
2009-03-29 00:06:00 Whether you?re in the market for real estate in Central America, or you are selling, market data matters more than ever. Without data how can you determine fair value, track where the market is heading or feel confident that you are making the right investment decision? Trouble is, in Central America market data and comps ...
What?s a Seller to do in the Phoenix Real Estate Market?
2009-03-11 21:03:00 There probably has not been a tougher time to be a seller here in the Phoenix real estate market. We’ve had slow markets in the past but the current market doesn’t really equate. Homes are selling at a brisk pace, assuming the owner of the home is a bank and the list price is at ...
The Best Real Estate Market Ever!
2009-03-04 16:49:00 This Is Truly The Best Real Estate Market Ever For Those Who Are Seeking To Promulgate Wealth And Prosperity For Themselves And Their Families According to reports today by the Associated Press, mortgage defaults are up for the 8th consecutive quarter. Equally eye-opening is that mortgage defaults, (the number of people who were late making their ...Post from: Real Estate Investing information from Real Estate Radio USA The Best Real Estate Market Ever!
St. Louis Real Estate-Market Watch February 21st, 2009
2009-02-23 02:32:00 Saint Louis Real Estate-Market Watchby Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo. February 21st, 2009 The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home
St. Louis Real Estate-Market Watch February 14th, 2009
2009-02-14 21:14:00 Saint Louis Real Estate-Market Watchby Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo. February 14th, 2009 The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home
Short Sales And Foreclosures ARE The Real Estate Market?Told Ya!!
2009-02-12 18:41:00 Well, after 18 months what we had been teaching in our Short Sale Course and Short Sale Seminars has finally come to fruition and finally admitted by the braintrust of the National Association of Realtors. Distressed sales - foreclosures and short sales - accounted for 45 percent of transactions in the fourth quarter. NAR President ...Post from: Real Estate Investing information from Real Estate Radio USA Short Sales And Foreclosures ARE The Real Estate Market…Told Ya!!
St. Louis Real Estate-Market Watch January 31st, 2009
2009-02-01 20:48:00 Saint Louis Real Estate-Market Watchby Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo. January 31st, 2009 The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home
St. Louis Real Estate Market - Latest Podcast is live!
2009-01-28 03:09:00 The latest Podcast is now available online: St. Louis Market Overview Real Estate Podcast "Kevin Cottrell's understanding of the real estate market in St. Louis is second to none. Any party interested in finding out what's really going on would...
St. Louis Real Estate-Market Watch January 24th, 2009
2009-01-26 04:49:00 Saint Louis Real Estate-PeekingInto The Futureby Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo. January 24th, 2009 The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your
St. Louis Real Estate-Market Watch January 17th, 2009
2009-01-19 03:43:00 Saint Louis Real Estate Market Watch by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo. January 17th, 2009 The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into
TIC Properties in Today's Real Estate Market
2009-01-13 00:06:00 We all know that real estate goes up and down in value. Just like stocks, more years are up than down but occasionally we get a market such as the one we are in where it seems all investments are taking a big hit.So, what is the state of the tenant in common market today? It depends.It depends on what type of property you own, where it is located, and when you purchased it. Here are some of the factors involved.Some of the most common types of tenant in common properties consist of shopping centers, office buildings, medical buildings, senior and assisted living and apartments. Most are at least 95% rented when originally purchased.For years, when real estate values were climbing and the economy going strong, most properties met their expectations and paid out the proceeds as planned.Now look at what is happening nationwide. Retail businesses are closing and leases are being broken. Large and small service businesses are also shutting down due to the economy. Some parts of the count...
Las Vegas Real Estate Market Update & Resale Home Sales For Dec 2008
2009-01-12 08:51:00 Las Vegas real estate market update and resale home sales for December 2008. The Greater Las Vegas Association of REALTORS reported median home prices fell 32.7 percent and home sales went up almost 300 percent from a year ago. Buyers are realizing that it is a great time to buy property. Good news to report ... Tags: Las Vegas Real Estate, Las Vegas Homes, Las Vegas Home Sales, las vegas real estate market, las vegas mls, las vegas home sales, las vegas residential real estate, las vegas foreclosure (Comments)
Las Vegas Real Estate Market Update & Resale Home Sales For Nov 2008
2008-12-31 08:57:00 Las Vegas real estate market update & resale home sales for November 2008. There were more than 60 percent of homes listed in the multiple listing service as bank owned resale properties. With 2008 being one of the worst home sales years it will take a while for the market to rebound. Nationwide news chronicle ... Tags: Las Vegas Real Estate, Las Vegas News, Las Vegas Homes, Las Vegas Home Sales, las vegas real estate market, las vegas mls, las vegas home sales, las vegas residential real estate, las vegas foreclosure (Comments)
St. Louis Real Estate Market Podcast - Week of 12/16/08
2008-12-19 08:40:00 The latest Podcast is now available online: St. Louis Market Overview Real Estate Podcast "Kevin Cottrell is my go-to source for the most reliable information on the St. Louis Real Estate Market. Whether you are a seller, buyer or real...
November Los Gatos Real Estate Market Update
2008-11-17 19:29:00 How's the Los Gatos Real Estate Market Faring? There are many ways of viewing the Los Gatos real estate market. One approach includes looking at the homes which are currently for sale, or the "active listings". Altos Research, to which I subscribe, uses this data in analyzing the state of things for the realty market in various cities, towns, and zip codes. Today we'll look at these active listings in all Los Gatos zip codes, both single family homes and condominiums, and view the data by price quartile whenever the trends seem quite divergent from one price point to the next. Los Gatos Real Estate Pricing for Single Family Homes by Zip Code First, let's look at Los Gatos houses in the 95030 area. We'll begin by viewing list prices by quartile. Except for the highest priced homes, it seems that asking prices are close to flat in this part of Los Gatos. It doesn't appear to be a market crash when these numbers are viewed. Next, let...
Lessons from the Phoenix Real Estate Market
2008-09-16 03:43:00 Another weekend spent showing homes in the Phoenix real estate market and a few more lessons learned: Cigarette smoke is the gift that never leaves. If you happen to be nicotine addicted, go out on the porch. Dogs are a man’s best friend and cat urine is a seller’s worst enemy. The comps don’t lie. If you’re priced ...
Lots going on in the Leominster commercial real estate market
2008-09-11 19:41:00 Have you driven around Leominster lately and seen all that is going on with respect to commercial development? There's quite a bit of new office and retail space coming on the market in Leominster.Here's a rundown of some of the exciting projects you've most likely either seen or heard about.Whitney Place - 40 Spruce StThis is Jim Whitney's latest redevelopment project and it looks like it's a great one. Jim bought one of the most dilapidated, run-down properties in a "not-so-good" area and is giving it new life as a hub for small businesses. The landscaping has been redone, the parking area re-paved and actually brought up several feet to take away the industrial/loading dock look of the front of the building. Rents are likely to be in the $10/SF range and I know of at least one company that has already moved in and another that is in the process of moving in so Jim's off to a good start.Red Cross - 114 Merriam AveI wrote previously about this project and since my last post t...
How?s the Real Estate Market in Frederick County
2008-09-03 13:46:00 The Frederick New Post did an article the other day about the news media and real estate. It seems they were finally trying to be neutral on their perspective. I am glad to see they had a broad spectrum of opinions about it. You always have to remember the source when researching information. Bernie Kohn ...
Liar Loans: The New Real Estate Problem
2008-08-26 15:09:00 The new real estate problem after foreclosure being faced by the people are the liar loans. This is a type of loan/mortgage that has been approved without any prior proof of the income or assets of the borrower. The worst of this loan are known as ninja loans, which means unable to repay due to ...
Marwari bond is fuelling real estate market in Jodhpur
2008-08-18 09:02:00 Jaipur?s loss is Jodhpur?s gain. The downfall in the state capital?s property market post-bomb blasts, which had ripped the city apart in May, has steered investors to look westwards. This apart, the strong Marwari bond is fuelling the real estate market of Jodhpur. Marwari business community from across the globe is investing heavily in their hometown. Marwaris may run their business anywhere in the world but they don?t leave their roots. They prefer to have a base in their home town. This has created a big demand for prime properties in the city which is expanding horizontally on all sides. Apart from that, a large expatriate population working with the armed forces, railways and corporates form the biggest customer base. The simplicity and easy-life of the city never let them off post-retirement. Driven by the local residents? wish to live outside the congested walled city, the periphery of Jodhpur is witnessing a real estate boom. Even old residents of the main city prefer a hou...
By: Realty Digest
URLs Providing Access to $550 Billion Tax Foreclosure Market
2008-08-14 14:43:00 The US other than the foreclosure homes is also facing the problem of tax foreclosures. It has been observed that about $6.6 billion worth property in 2007 were in the tax foreclosure market. Besides, about $558 billion worth property were in the pre-foreclosure process last year. This is in fact a huge amount. Thus in ...
Sacramento County Real Estate Market Update: Single Family Homes
2008-08-12 15:24:00 I just gave myself the biggest fright: while checking statistics for Sacramento county in the MLS, I incorrectly ended up checking sales on only July 1st instead of the entire month of July. The number of sales hovered around a hundred. I thought the end of real estate had definitely begun! In my defense, I am on my first cup of coffee. So - now with the right numbers and another swig of this homemade Starbucks - on to the real statistics...Median price has fallen again to $215,000 from June's $220,000. Days on market remain at 49. 1968 homes sold in the month of July and pending homes are at almost the same number as June: 2064.Perhaps the biggest change is how many new listings came on the market: almost three times the amount as in June: 3903. There seems to be evidence that the market is beginning to absorb these however: there are a total of 8005 active homes in Sacramento county but inventory is down to 4 months from June's 4.6 months.Follow the numbers: June's real estate ...
Sacramento Real Estate Market Update Coming!
2008-08-11 15:21:00 Yes, I've fallen behind on it again - something about having a baby makes one a little empty-headed. The other day I was talking to a friend and forgot halfway through a sentence where the conversation was headed. Yes, conversations are tough. Yes, "mommy-brain" is a real phenomenon.Yes, please come back tomorrow for the market update on Sacramento county. |
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