Archives for June 2011

Pamela Anderson Denies Real Estate Promotion Failure



Former Baywatch star Pamela Anderson’s agent has lashed out at a well known real estate entrepreneur after he filed a counter-lawsuit against the actress, claiming that she failed in her duty to promote his condominium’s sale.   Anderson, more famous for her role as a large-chested lifesaver than her marketing skills, originally filed a lawsuit against Laurence Hallier in February of […]

Rural US States Staging a Recovery



Although the national housing market is still treading water, rural states appear to be faring a little better, according to economic forecasters.   Certain states such as Alaska, Iowa, North Dakota and South Dakota have economies which are dependent on sectors which are performing more strongly, such as energy, agriculture or industry. Although house prices […]

Virtual home staging helps shift vacant properties



Help is on hand for anyone trying to sell or rent a vacant property, thanks to Virtual Staging by Ilaria Baron. This innovative new service offers clients worldwide the chance to benefit from Ilaria’s experience, and prices start from as little as $49 per room.  Ilaria has staged more than $300 million dollars of real […]

Warsaw House Vies for World Record Skinniness



In these trying economic times, so many of us have had to trim down our lives. However, in news from Warsaw, Poland, one architect is designing a house that may be a stretch too far. Or should I say, a shrinkage? James Szczesny is designing a flat purported to be the thinnest house in the world.

Bank of America close to $8.5 billion settlement



The Bank of America is said to be close to making a settlement over soured mortgages, and if this deal goes ahead it could resolve a large proportion of costs demanded by institutional investors. The experts view seems to be that although this settlement figure isn’t great, it is also not the worse case scenario […]

Higher prices in April, but can it last?



Home prices in the US rose by 0.7% in April, up from March, according to the latest Standard & Poor/Case-Shiller price index, but even though this is great news there are doubts about its sustainability.   It is the first time in eight months that prices have increased, and S&P feels it may be due […]

Short Sale Incentives For Cash-Strapped Homeowners



Two of the nation’s biggest lenders are giving away cash rewards to struggling Florida homeowners who agree to stave off foreclosure by doing a short sale instead, according to reports in the Florida Sun-Sentinel.   Wells Fargo and JP Morgan Chase haven’t made any official announcements about the initiative, but indebted homeowners have reported that […]

UK facing sharp rise in house repossessions



According to Richard Banks, CEO of UK Asset Resolution, the country is facing a sharp rise in repossessions once interest rates begin to rise.   UK Asset Resolution is the state company which was set up to manage the £80 billion of mortgages formerly owned by banks, which were bailed out by taxpayers during the […]

New Initiative May Limit Property Taxes in Arizona



A new initiative is being proposed which would limit the amount that Arizona property owners can be made to pay in property taxes. The proposed initiative, which is being called Prop 13 Arizona, would take property assessments of homes and businesses back to 2003 levels.   This was before speculators helped drive prices up, which in […]

$45 Million Discovery Ridge Research Park Expansion Gets Go-Ahead



A new three-stage $45 million construction project at the Discovery Ridge Research Park in Columbia, Missouri, is set to break ground by the beginning of next year, says CarrBaierCrandall Real Estate Group’s Rick Baier. The firm from Kansas City has been selected from amongst a group of bidders, with the terms of the agreement being […]

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