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Luxury Real Estate, Real Estate, US Real Estate

Luxury Real Estate on the Road to Recovery

By Mike Wheatley | September 22, 2011
Luxury home markets are bouncing back, with bidding wars heating up and properties being sold off at increasingly rapid speeds, bucking the trend set by other real estate markets, says a report in the Washington Post. Properties valued at $1 million-plus have seen price increases of 0.7% since the end of February, compared to a 1.5% decrease […]
Real Estate, Residential, US Real Estate

Prudential Gary Greene Realtors Launches Multicultural Division

By Allison Halliday | September 22, 2011
Prudential Gary Greene Realtors recently launched its multicultural international real estate division which is being established to service the rapidly growing, multicultural population of Houston. Mark Woodroof, partner with Prudential Gary Greene said "With the Asian and Hispanic population growing at three times the rate of the traditional home buying population, there is a need […]
International, Luxury Real Estate, Real Estate, US Real Estate

Luxury Property Prices in World-Class Cities Boosted by Billionaires

By Allison Halliday | September 22, 2011
A report in Property Wire highlights the fact that world-class cities are attracting global billionaires, who are investing their wealth in real estate, and by doing so are creating a new super class of prime real estate. Apparently, the value of real estate has increased by up to 10% during the first six months of […]
Featured News, US Real Estate

RealEstate.com Cashes Out for $8.2 Million

By Phil Butler | September 22, 2011
In technology news, Market Leader, an online marketing and technology company, has just acquired RealEstate.com for $8.25 million. The deal included the RealEstate.com domain, website, the network, some 250 + brokerages who participate, patents, and many other domain names, according to the news.
Featured News, Mortgage, Residential, US Real Estate

Perspective On The Housing Market - Localized Solutions Needed (Part 2)

By Donna S. Robinson | September 21, 2011
As I noted in part one of this two part commentary, the U.S. Housing market is not one big market, but rather a large collection of individual markets with individual problems which will respond best to individual solutions customized for a specific local market. With this fact in mind, I'd like to list some ideas […]
Mortgage, US Real Estate

Fannie and Freddie Could Raise Fees in 2012

By Mike Wheatley | September 21, 2011
Analysts believe that the government may need to charge higher fees to lenders and increase mortgage insurance from borrowers in order to guarantee loans when they go ahead and overhaul Fannie Mae and Freddie Mac – a move that could lead to increased borrowing costs. The government is trying to boost competitiveness within mortgage markets, […]
Real Estate Resource

Not Just For County Fairs Anymore - Online Auctions Are Unique Opportunity to Sell Homes Fast

By Anita Cooper | September 21, 2011
Paying homage to the old adage, “necessity is the mother of invention,” many real estate agents are finding alternative ways of selling real estate. In addition to the traditional method of advertising their listings in the local newspaper, or even on their website, an agent has the option of selling homes through an online real […]
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