US Real Estate

Faulty Paperwork Stalls April Foreclosures

By Mike Wheatley | May 15, 2011
The number of foreclosures fell in the last month as activity continued to slow down due to faulty paperwork, a survey said last week. Foreclosure numbers fell to a three-year low, with just 69,532 homes seized by banks in April, which is down 8.6% on the previous month and a third less than the same […]
Real Estate, US Real Estate

Protests at Bank of America Shareholder Meeting

By Allison Halliday | May 13, 2011
Angry protesters set the scene for the Bank of America’s annual meeting at their headquarters in Charlotte, N.C. Shareholders were eager to tell CEO, Brian Moynihan, about the disastrous effect foreclosure has had on their communities.
US Real Estate

iStar Plans to Open Miami Paramount Bay Luxury Condos Soon

By Tavis J. Hampton | May 12, 2011
Investment firm iStar Financial hopes to finally open the troubled downtown Miami condo tower Paramount Bay this year, adding ST Residential to the property’s title.  The 47-story waterfront tower is difficult to miss, but it has remained vacant and unfinished for nearly six years.   When Royal Palm Miami Holdings began construction in 2005, there […]
Featured News, US Real Estate

Unemployment Still Grips Atlanta Market - But Why?

By Phil Butler | May 12, 2011
An article I just read in the Atlanta Business Chronicle reveals once again the real key to the recovery of the real estate market - jobs. Just why top officials, industry experts, or even the savvy investor cannot grasp this simplest of economic indicators - this is the mystery of the Great Recession which never seems to end.
Real Estate, US Real Estate

Home Sales Increase - Still Not The Recovery We Hoped For

By Mike Wheatley | May 12, 2011
The number of existing home sales increased again last March, which “continues what is a very uneven recovery,” according to a top economist from the National Association of Realtors last week.
Real Estate, Residential, US Real Estate

Can Homes Be Made To Withstand A Tornado?

By Mike Wheatley | May 12, 2011
Just last month, hundreds of people died and thousands of properties across the south were destroyed by the ferocious tornadoes that wrecked havoc in the area. Amid this kind of destruction the question arises; "Can we build a tornado proof hosue?"
Real Estate, Residential, US Real Estate

Things Looking Up in Florida?

By Mike Wheatley | May 12, 2011
While most realtors would tell you that the US property market is recovering very slowly, Pat Neal, a Manatee County developer, sees things quite differently. Since he first went into the construction business more than 42 years ago, he has lived through almost a dozen boom and bust cycles, and he says that the current one, which has lasted for 6 years now, is by far the longest he has endured.

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