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? [...more]
Legislators are now being confronted not only by borrowers who say banks are to blame for their foreclosure situation, but investor groups who stand to regain billions. In Washington regulators stand poised to put the screws to the banking industry. [...more]
S.&P./Case-Shiller index suggests massive opportunities for those investors capable of taking advantage of the "buyer's market" in place this year. With home prices poised to hit bottom, some experts suggest now is the time to invest. Still, the industry will encourage caution. For some though, all time low price is a powerful incentive. [...more]
It is no secret that investors can gain windfalls by buying some foreclosed properties. A recent study shows clear advantages to buying forclosures in some cities too. Where price is the determining factor, clearly some places are better than others. But depressed markets have their down side too. Forbes' list of cities most likely to drop prices again this year reveals at least cost advantages if the investor does his or her homework. [...more]
December's dismal jobs numbers combined with an overall increase in home inventories paints a pretty grim picture for the start of 2011. Experts expectations have not been met for months, and still media and the industry is all too often overly positive in their forecasting and evaluation of the situation. Without good jobs, jobs that help pay mortgages, no market will be emerging this year or any year from the greatest recession in 80 years. [...more]
Understanding interest rates, loan types, and the housing market in general can be a bit too much for the average person. Most people just want the American Dream and to know how much and when to pay. But this is one reason the country is in such a pickle where housing is concerned. RealtyBizNews presents another brief tutorial about the different types of loans, and who actually owns the paper on your house. Learn a bit more about who Freddie Mac and Fannie Mae are, for your own good. [...more]
One economist warns investors of putting too much confidence in the real estate market just yet. One of the world's top portfolio experts, David Rosenberg, says the market is still too mercurial being propped up by government incentives. He warns that the economy and Wall Street are far too dependent still no what happens with the housing market. Are some experts inflating expectations? Without a recovered job situation, there is no chance for the housing situation in the long term. [...more]
A report released last week by the National Association of Realtors suggests the housing market for 2011 may be a lot better than previously expected. Existing home sales are up again, and investment in new construction stock is up as well. With jobs and other variables stabilizing, it seems as if the overall outlook is very positive for 2011. [...more]
With all the bad real estate news afoot these last couple of years, it's about time for record price news isn't it? Well a few New York City real estate deals signal good times for some at least. Curbed just released its 20 most expensive list and it does indeed look as if things around Central Park are looking up. 20 Homes at over $20 million, that's not bad broker pickings. [...more]
