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US Real Estate
Rep. Maxine Waters in Fight to Save Housing Programs
By
Tavis J. Hampton
| March 17, 2011
US Real Estate
California Realtors Ask for Easier Short Sales
By
Tavis J. Hampton
| March 11, 2011
California real estate agents believe foreclosure alternatives should be easier. In an open letter published in as many as seven major California newspapers, the California Association of Realtors (CAR) pleaded its case for a more simplified, standardized short sale process. According to the letter, 640,000 California residents have lost their homes in the past two […]
Residential
,
US Real Estate
Realty Trac: Foreclosures Decreased in 2010
By
Tavis J. Hampton
| February 25, 2011
Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.
Home Builders/Developer's
,
US Real Estate
New Home Sales Decline 12.6% in January
By
Mihaela Lica Butler
| February 24, 2011
New U.S. home sales fell more than expected in January, a report by the Commerce Department showed on Thursday. January saw only 188,000 new homes available for sale, the lowest number since December 1967.
US Real Estate
St. Louis and the Negative Equity Woes
By
Phil Butler
| February 14, 2011
Across the country house prices are still on the decline for the most part. And nowhere is this more evident than in St. Louis where more and more homeowners are "underwater" where their home's actual value is concerned. According to Zillow, the people who owe more than their home is worth continues to rise, with one in three mortgages being upside down now.
Coaching
,
Residential
Foreclosure Purchases Not Easy for Most Buyers
By
Joe Spake
| February 9, 2011
With over a million homes foreclosed in 2010, and the news reports of decreasing values and the deals to be made on foreclosed properties, why wouldn't any owner-occupant home buyer want to get the best possible value? These and other questions are justifiable when so much confusion and doubt rules any market.
Coaching
,
US Real Estate
Scary Real Estate Math - How to Cope
By
Al Twitty
| February 9, 2011
The dizzying numbers surrounding the real estate market can be as daunting as the phones that don't ring in this dismal market. Never the less, as professionals, we need to try and wrap our minds around what is happening in the industry. Today's focus is on the leading edge of the market metrics.
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.
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