In news from Phoenix’s beleaguered real estate market some 400 foreclosures will go on the auction block February 12th and 13th. According to the S&P/Case Shiller Home Price Indices, Phoenix home prices have been chopped down by more than half, 53.9 percent since 2006’s peak, in fact. This auction will take place both days at 1:00 p.m. at the Pointe Hilton Squaw Peak Resort.
Detroit Real Estate Tough, But Looking Brighter
January 31, 2011 by
Detroit real estate, residential and commercial, may be on its way back according to new reports. Where other city real estate industries have not yet bottomed out apparently, Detroit appears headed back up the profitability ladder. A panel at the University of Michigan School of Business said last week that opportunities are emerging.
Pittsburgh Named 4th Best Market in 2011 by Zillow.com
January 29, 2011 by
Pittsburgh is one of the few cities where home prices are not just increasing on a yearly basis, but on a quarterly basis too. Showcased in a ABC News video Zillow reported that half of the homes in Pittsburgh are increasing in value. With the median home price of $110,300, a strong working economy, and home values that continue to tick upward ahead of the national average — Pittsburgh is a tremendous place to consider moving!
Duke Realty Begins Closing On Premier
January 28, 2011 by
South Florida commercial real estate sales stand to get a shot in the arm to start the 2011 year. With the biggest-ticket sale in Southern Florida history, Duke Realty Corp. has begun closing on a $450 million purchase of buildings from Premier Commercial Realty.
AOL Real Estate Gets A New Engine
January 14, 2011 by
Move Inc. is now the horsepower for AOL Real Estate search, but is this a win for the home buyer or owner in need of real estate results? In a move akin to the Yahoo-Zillow one of last year, AOL and Move Inc. consolidate forces, but to what end?
