Aug. 28 (Bloomberg) — U.K. house prices posted the biggest annual decline in almost two decades in August after tighter mortgage lending and the prospect of a recession discouraged home buyers, Nationwide Building Society said.
The average value of a home dropped 10.5 percent to 164,654 pounds ($301,500), the biggest drop since the final quarter [...]
LOS ANGELES – Aug. 28, 2008 – Is this the real estate turnaround?
On the heels of an increase in Florida home sales, a spike in new home sales and an upswing in consumer confidence, traffic to Realtor.com went up significantly in July with month-over-month increases in both traffic (29 percent) and time spent on site [...]
Italy’s position as one of the world’s leading tourist destinations is stronger than ever as Italian holidaymakers opt to spend free time exploring their home country.
“Italians show a strong passion for their homeland, being the main visitors to the sunny southern regions and creating an increased demand for rental property in these areas,” says Cary [...]
The Federal Housing Administration, a U.S. agency that is rapidly shouldering more of the risk on home loans, raised the premiums it charges for insuring that mortgages will be repaid.
In a posting on its Web site Tuesday, the FHA said the upfront premiums charged to most borrowers will be 1.75% of the loan amount, effective [...]
WASHINGTON (AP) – Economic growth rebounded at better-than-expected 3.3% annual rate in the April-June quarter, the government said Thursday.
The Commerce Department says the economy shifted to a higher gear, growing at its fastest pace in nearly a year, as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
The revised reading was [...]
“Hideaway Stables,” a premier Tennessee Walking Horse facility located on 96+ acres fronting the Sandy River in Troutdale, Oregon, will sell at absolute auction on September 18th onsite at 1 p.m. J. P. King Auction Company, the nation’s leading real estate auction marketing firm specializing in luxury properties, will manage the sale of the property.
“Hideaway [...]
The nation’s two largest secondary mortgage corporations, Fannie Mae and Freddie Mac, say they’ll stop buying subprime mortgages in New York State. Banks lending in New York will have to change their mortgage origination systems to reflect Fannie Mae and Freddie Mac’s exit from subprime lending in the state. It is unclear yet how onerous [...]
Located on the serene waters of Tampa Bay, “Bella Sol” Seaside Villas and Marina will sell five new condominiums at absolute auction to the highest bidders from a selection of 23 condominiums on Saturday, September 6th at 11 a.m. on-site. Bella Sol’s private marina with direct access to the Gulf of Mexico will make twelve [...]
J. P. King Auction Company, the nation’s leading auction marketing firm will manage the Federal Deposit Insurance Corporation’s (FDIC) auction of foreclosed property in Detroit, Michigan on September 30, 2008, 2 p.m. at the Rock Financial Showplace. J. P. King’s Asset Auctions Division will auction 83 foreclosed properties.
The properties range in value from as low [...]
Jackson Hole Auction Company (www.jacksonholeauctions.com) announces the Annual Fall Real Estate Auction from Eastern Idaho to Jackson Hole and across Wyoming on September 20, according to William F. Burke CAI AARE, auctioneer and president of the company.
Burke said, “We are actively seeking property owners in the Jackson Hole market areas who want to auction their [...]