Residential, US Real Estate

Pending Home Sales SOAR in D.C. Up 31%

By Ryan Cox | February 11, 2011
MRIS data showed that the Washington region posted its highest monthly and yearly increase in pending sales in more than a decade, with 3,198 purchase contracts signed in January. Was this just luck? Or, is someone in DC actually working for their dinner?
US Real Estate

400 Phoenix Foreclosures Hit the Block This Month

By Ryan Cox | February 7, 2011
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.
US Real Estate

Detroit Real Estate Tough, But Looking Brighter

By Ryan Cox | January 31, 2011
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.
US Real Estate

Pittsburgh Named 4th Best Market in 2011 by Zillow.com

By Ryan Cox | January 29, 2011
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!
Commercial Real Estate, US Real Estate

Duke Realty Begins Closing On Premier

By Ryan Cox | January 28, 2011
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.
US Real Estate

AOL Real Estate Gets A New Engine

By Ryan Cox | January 14, 2011
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?
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