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Featured News
Marnie Bennett: Being the Best in the Worst of Times
By
Al Twitty
| January 26, 2011
US Real Estate
California Home Sales Up in December
By
Tavis J. Hampton
| January 22, 2011
California, the state hit hardest with foreclosures, appears to steadily be climbing from the cellar of real estate economies. Buyers there seem to be taking advantage of the market, last month's increase of almost 6 percent in sales being the prime indicator. Experts think the market actually hit bottom and it now rebounding. C.A.R reports sales up over November, but still beneath 2009's figures.
Commercial Real Estate
,
US Real Estate
Venture West's $7.8 Million Saves Cali Apartments
By
Tavis J. Hampton
| January 19, 2011
Venture West funding helps rescue 4 apartments out of economic hardship. With help from Greystone Servicing Inc., almost $8 million is secured for a private owner who needed emergency finance. The four complexes have almost 100 percent occupancy, and 7 and 10 year financing was needed to save this business.
US Real Estate
Jobs Down, Home Inventories Up, What Else Is New?
By
Phil Butler
| January 7, 2011
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.
Real Estate
Savannah Georgia Real Estate In Recovery
By
Phil Butler
| December 30, 2010
No region was more seriously affected by the recession than the deep South. Despite bank failures and foreclosures though, one city appears ready to emerge from economic disaster better than before perhaps. Savannah, Georgia is a good case study in how the market levels itself. The supply and price of properties there have apparently caused a turn around now. Real estate listings for Savannah reveal much about what could mean the revival of a once booming industry.
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