Enlarge image Distressed Properties Help Boost U.S. Home Sales Matthew Staver/Bloomberg Brian Mowery tours a pre-owned single family home for sale in Fort Collins, Colorado. Brian Mowery tours a pre-owned single family home for sale in Fort Collins, Colorado. Photographer: Matthew Staver/Bloomberg Enlarge image Home Sales Les Stone/Corbis A housing development in Charlotte. A housing [...]
SAN DIEGO, Feb. 22, 2012 /PRNewswire via COMTEX/ – Joy Bender, a San Diego short sale realtor and a Certified Distressed Property Expert (CDPE), educates thousands of investors regarding their overleveraged underperforming assets. Indicating the importance of evaluating equity position for non-owner occupied homes, San Diego short sale realtor Joy Bender has launched a campaign [...]
OXFORD, Miss., Feb 22, 2012 (GlobeNewswire via COMTEX) – FNC’s latest Residential Price Index(TM) (RPI), released Wednesday, indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales [...]
RYE, N.Y., Feb 22, 2012 (BUSINESS WIRE) – Despite a prolonged downturn in the housing market, real estate is still the best long term investment, according to 84% of respondents in OwnAmerica’s recent survey on real estate investing. Comparatively, stocks/mutual funds, bonds and savings accounts were ranked best by only 9.9%, 4% and 2%, respectively. [...]
FREEHOLD, N.J., Feb. 21, 2012 — /PRNewswire/ – Monmouth Real Estate Investment Corporation (NYSE: MNR) announced that it will be presenting at Sidoti Company’s Sixteenth Annual New York Institutional Forum on Monday, March 19, 2012. The Forum will be held at The Grand Hyatt in New York City. Eugene W. Landy, President, and Michael P. Landy, Chief Operating [...]
AP Spring Selling Season Should be Positive Says Zillow Chief Economist How to Break Up With Your Real Estate Agent Patricia Arquette Sells Vine-Covered Home For Loss 30-Year Fixed Mortgage Rate Rises to Highest Rate in Four Weeks Zillow Forecasts 4.0% Yearly Decline in Case-Shiller Index Lower home prices and mortgage rates are causing many people to [...]
NEW YORK, Feb. 21, 2012 /PRNewswire via COMTEX/ – Michael Shah, principal and chief executive officer of DelShah Capital, LLC (DelShah), the real estate investment, debt acquisition, development and management company announced they have resolved two formerly bankrupt New York City properties and brought positive conclusions to them in the last twelve months. According to [...]
ShareThis Email PDF Print This technology will change the way the real estate industry views the broker price opinion (BPO) process, allowing our field partners to complete their reports in a more efficient and thorough manner. Lake Mary, FL (PRWEB) February 21, 2012 JVI Solutions LLC (JVI) – a nationwide appraisal and inspection services provider [...]
Ready to Buy or Build a New Home in Boise Idaho? Review the most popular new subdivisions and home builders based on home sales. A Boise Real Estate report based on how Boise Home Buyers spent their dollars in 2011. There are many Boise Homes for Sale and though it is not a popularity contest, [...]
By Polly Hui HONG KONG (MarketWatch) — LaSalle Investment Management is seeing “interesting investment opportunities” as cash-tight European banks dump property-related loan assets in the Asia-Pacific region to boost their capital reserves, the global head of the real-estate investment firm told Dow Jones Newswires. For the European banks, which haven’t been huge players in the [...]
Mr. Magee has 35 years of experience in the real estate industry, with broad expertise encompassing real estate investments, workouts and portfolio dispositions. Prior to forming Rockwood, Mr. Magee was Executive Vice President and Chief Operating Officer of The Harlan Company, a New York based real estate investment banking firm. Charles Spetka, Chief Executive Officer [...]
ShareThis Email PDF Print Brian O’Connell In conjunction with the launch of Cole Real Estate Income Strategy (Daily NAV), we have demonstrated our commitment to the institutional marketplace by hiring seasoned industry professionals… Phoenix, AZ (PRWEB) February 21, 2012 Cole Real Estate Investments (Cole), one of the nation’s leading investors in high-quality, income-producing retail, office [...]
DALLAS, Feb. 21, 2012 /PRNewswire via COMTEX/ – Carwin Advisors recently published two papers that use a predictive model to forecast the housing recovery timeline for Las Vegas and Phoenix metropolitan areas. Carwin’s model takes into account several variables to predict when the distressed housing stock, including shadow inventory, will be completely absorbed by the [...]
Real Property Decisions, a provider of property data, analytics and valuation solutions for the mortgage industry, has debuted its Default Reconciliation Report, a new offering that provides mortgage servicers and investors with valuation information to supplement a broker price opinion or appraisal for non-performing and REO assets. Through the service, desktop value reconciliation services are [...]
ShareThis Email PDF Print Four common themes of Boise home buyers: family, lifestyle, retiring and from out of state Boise, ID (PRWEB) February 21, 2012 Boise, Idaho has for many years been gaining notoriety as one of the best cities in America to Live, Work, and Play. It has been recognized as a safe and [...]
Forbes magazine recently examined the growing interest by foreigners in Florida real estate investment. Foreign buyers are snapping up properties in South Florida, with many buying in cash. Unlike American buyers who see advantages in making property purchases using borrowed money, foreign buyers who use cash enjoy bigger savings up front and more flexibility in [...]
- — Lower home prices and mortgage rates are causing many people to consider taking the real estate investment plunge. But as with any big financial investment, what may be a good strategy for some, may be harmful for others. Something to keep in mind: If you are planning on trading cash in lower risk [...]
Targeted at Institutional Marketplace Phoenix, AZ (PRWEB) February 21, 2012 Cole Real Estate Investments (Cole), one of the nation’s leading investors in high-quality, income-producing retail, office and industrial real estate assets, announced key leadership appointments within its Institutional division. Brian O’Connell and John Larson have joined Cole as Vice Presidents of Institutional Sales and Consultant [...]
advertisement It is an unusual scene: real estate investors or their representative camped outside the courthouses in Riverside and San Bernardino County. When NBC 4 visited, some investors did not welcome the media attention. “Hey, we don’t want you here, leave us alone,” one investor said. In San Bernardino, investors aren’t bragging about buying real [...]
The foreclosure process has been under attack for months now. We have all heard about the faulty practices many banks used that forced many homes to be foreclosed under erroneous conditions. To try to compensate homeowners for any irregularities, the government negotiated with five banks in an attempt to make amends for errors in the [...]
New numbers suggest 2012 is the year the bursting of the housing bubble finally will start showing up on Douglas County property tax bills. Nearly seven out of every 10 residential properties in the county are expected to see a decline in their fair market values, according to new numbers by the Douglas County Appraiser’s [...]
PARSIPPANY, NJ, Feb 21, 2012 (MARKETWIRE via COMTEX) – A recent survey over 600 Coldwell Banker Real Estate professionals in the United States revealed home buyers and sellers are adjusting expectations and “getting real” about real estate in 2012. More than half (51 percent) reported that sellers are more willing to price their homes more [...]
Tue Feb 21, 2012 4:21am EST Article source: http://www.reuters.com/article/2012/02/21/idUS79873+21-Feb-2012+HUG20120221
Donna Robinson Donna Robinson – Real Estate Industry Expert and Realty Biz News Staff Writer Website: www.RealtyBizConsulting.com Office: 888-915-9968 Email: donnaconsults@reihelp.com Donna Robinson has over 16 years experience in the real estate industry, including 8 years as a licensed real estate agent, and 10 years experience in real estate investing. She has [...]