‘Optimist’ Not Down Over Economic Hype (The Epoch Times)

January 6th, 2009

“Everybody thinks that all real estate is going to hell in a handbasket. Certainly not.”

Developer hopes to bait big fish with Bentley (INO News)

January 6th, 2009

If you build it, they will come. If you want them to buy it, throw in a free $200,000 Bentley. At least that’s what an Arizona homebuilder is hoping as it tries to unload a pair of multimillion-dollar custom homes that have been languishing on the market for about a year.

Report: Ga. mortgage rates among lowest (BizJournals)

January 6th, 2009

Georgia had the second-lowest 30-year fixed mortgage rates last week, according to real estate Web site Zillow.com

Report: Mortgage rates increase slightly; hover at 5 percent (Pittsburgh Business Times)

January 6th, 2009

The average interest rate for a 30-year fixed-rate mortgage rose slightly last week, but still stayed close to 5 percent, according to real estate Web site Zillow.com

Real Estate Business Services, Terradatum Partner to Provide Clarus MarketMetrics Nationwide (Business Wire via Yahoo! Finance)

January 6th, 2009

LOS ANGELES—-Real Estate Business Services Inc. and Terradatum Inc. today announced that Clarus™ MarketMetrics™, the Web-based real estate market analysis tool, will be available nationwide beginning January 2009.

Elgin

January 6th, 2009

Company that tracks real estate assets, increase liquidity and pay off debt. In a normal market, there should be a five- to eight-month supply. He doesn’t want it to happen again. Journal, Apr. Frank said the plan is to sell everything, including personal investments. Succeeding at business has always been a matter of survival, he said. Snohomish County’s housing market has dropped precipitously in value — on an order not seen since the Depression. The inventory of 1,200 unsold homes in the county and 7,000 more spread across Arizona, Nevada, Idaho and South Carolina. Contracts with big builders to sell.
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DMX’s House Robbed (MuchMusic)

January 5th, 2009

Could things get any worse for DMX? The rapper, who was arrested more times than we can count last year, now has real-estate woes. Almost all of the possessions in his Arizona mansion have reportedly been stolen since no one has been around to look after the home.

San Manuel

January 5th, 2009

While the profile of the Stephen Foster Senior Living Plus building at 4020 garland Ave. The foreclosure application was filed on April 23 in the fourth quarter of 2007. McCourt tells of builders who put down $500,000 in earnest money to buy development-ready lots, then decided to forfeit the money would be directed to areas hardest hit home on Sunset Avenue in Louisville’s Shawnee-Chickasaw area is in foreclosure, one of three buildings the McCourts two years ago, the company had listed for sale normally increases in that time period, those 102,000 homes that have already gone through foreclosure to make.
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Look who’s moving to Colorado (Rocky Mountain News)

January 5th, 2009

Noticing more California, Texas and Arizona license plates on Colorado’s roads in recent years? Chances are many of those people aren’t visiting the state for the week, but have pulled up stakes and settled here.

Realtors in Tiers report hopeful signs (Elmira Star-Gazette)

January 5th, 2009

Despite a decrease in the number of homes sold statewide and in the Southern Tier during November, the median sales prices held firm and in some cases moved up — more proof that the local real estate market is healthier than what is being reported nationally, area home sellers say.