Foreclosures? Defaults? Falling home prices? Fire sales?
These are like foreign words to St. Helena homeowners, who have remained relatively unscathed by the badly troubled housing market going on all around them. While housing values have nose-dived to their lowest levels in more than two decades in the rest of Napa County and elsewhere in California, [...]
With real estate prices considerably down coast to coast in the United States and the Euro almost record strong compared to the US-Dollar, European investors and real estate buyers are taking an even closer look into the high-end segment of the US property market.
Starting in July Homes and Ranches, LLC is going to extend its [...]
In April, many of the nation’s hardest-hit housing markets during the downturn saw prices depreciate at an ever-faster pace, according to the LoanPerformance Home Price Index released by First American CoreLogic on Wednesday.
Over the past 12 months, two southern California metro areas — Riverside/San Bernardino/Ontario and Los Angeles/Long Beach/Glendale — posted the worst annual price [...]
The Phoenix housing market showed modest changes across all measures for the start of the summer season, consistent with prior years. Inventory is down slightly at 1.8% from the previous month. Month-to-month sales did show a noticeable decline though June data revisions may close that gap somewhat. The median home price continued to drop, posting [...]
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city’s top real estate agencies.
Data from this year’s second quarter indicate two divergent trends; on a year-over-year basis, the volume of sales is down, while at the same time the average home price is rising.
“The [...]
While much of the media’s recent coverage of the real estate market has been focused on the meltdown of home sales and declining values, one niche market’s success has been almost entirely overlooked.
Luxury destination clubs (http://www.sherpareport.com/destination-clubs/) - exclusive membership groups that entitle members to use upscale, fully serviced vacation homes in some of the world’s [...]
ESP Vacation Rentals is combining its roster of vacation and annual rentals with Duncan Real Estate’s property management and vacations rental clientele. Duncan Real Estate is adding 45 properties, which pushes its total to 110.
The resulting company will retain the name of Duncan Real Estate. ESP, based in Bradenton, has officially closed its offices.
Amanda Edge, [...]
New York Gov. David Paterson says the state is dedicating $137 million to improving and expanding affordable housing statewide.
The money will help the New York Division of Housing and Community Renewal build and preserve about 6,400 units.
The awards approved Monday include grants, loans and tax credits.
Some are capital projects, which primarily involve new construction and [...]
Shares of Freddie Mac fell to a 13-year low Monday amid continuing uncertainty about how much the housing market’s troubles will slam the mortgage finance company.
McLean, Va.-based Freddie Mac, along with its government sponsored sibling, Fannie Mae, have posted deep losses due to the ongoing housing crisis.
Fears that those losses could be worse were reinforced [...]
Reading the papers, it’s quite clear that the enormity of the problems facing Americans (and the world, for that matter) has emerged to the fore. Consequently, I decided a quick recap of our troubles might be useful.
There is a budding realization that the housing bubble’s collapse will be more difficult than the masses and Wall [...]