Real Estate, Residential, US Real Estate

Rural US States Staging a Recovery

By Allison Halliday | June 30, 2011
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 […]
Real Estate, Realtors, US Real Estate

Virtual home staging helps shift vacant properties

By Allison Halliday | June 30, 2011
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 […]
Featured News, World Real Estate

Warsaw House Vies for World Record Skinniness

By Phil Butler | June 30, 2011
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.
Real Estate, US Real Estate

Bank of America close to $8.5 billion settlement

By Allison Halliday | June 29, 2011
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 […]
Real Estate, Residential, US Real Estate

Higher prices in April, but can it last?

By Allison Halliday | June 29, 2011
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 […]
Mortgage, Real Estate Technology, US Real Estate

Short Sale Incentives For Cash-Strapped Homeowners

By Mike Wheatley | June 29, 2011
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 […]
Real Estate, US Real Estate, World Real Estate

UK facing sharp rise in house repossessions

By Allison Halliday | June 29, 2011
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 […]

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