In a grim sign of continuing economic troubles, a report released today indicates a 112 percent increase in foreclosures—in other words, one out of every 194 U.S. households has received a foreclosure filing. Hardest hit states include Nevada, California and Arizona.
Post Tagged with: "real estate"
Just as you can run your own construction site you can also sell your own house. Obviously the guidance and knowledge that a real estate agent provides can be well worth the costs but when margins are tight and you need to save at every step then you should consider […]
Richard Neutra’s Kaufmann House will be selling by auction on May 13th, 2008 through Christie’s Realty in New York. It’s estimated to sell for $15-$25 million. This home is gorgeous and an inspiration to hundreds of architects and lovers of mid-century modern homes. We wish the same energies and focus […]
As real estate prices in some markets are adjusting and normalizing, many on the fence prospective home buyers are seeing an opportunity that hasn’t been an option for a few years.
After news that the IMF is proclaiming a global slowdown in the economy and a recession in the US in part due to the sub-prime mortgage crisis, we saw it fitting to provide a resources to track foreclosures in your area which can be helpful for investors and a warning […]
As McMansions continue to lose their value or sit unsold, the mainstream media has begun to pickup on this and they’ve all got an opinion on why people want smaller homes.
It looks like 2008 isn’t starting out so great for realtors. The housing market continues to look gloomy according to some disappointing stats released by industry experts. Chairman of the Index Committee at Standard and Poor’s, David M. Blitzer says the declining market trends of 2007 have continued to wreak […]
If you’re new to a fixer-upper, or even if you’re just considering remodeling your old house, you’ve probably addressed the renovate vs. tear down question. If not, now’s the time to do it. Of course it’s a personal decision, but there are pros and cons to each one but it’s […]
Some of the latest real estate and home improvement news from across the internets. One thing is for sure the declining home sales shakeout is effecting markets in different ways. * Rising Inflation and Slumping Home Values [NY Times] * Housing Crumbles Home Depot [Forbes]
photo: courtesy of www.bigfoto.com If the value of the U.S. dollar overseas has confined you to our fair continent, no worries – you’ll soon be able to live vicariously through a growing community of international property buyers.
Celebrity endorsements can jump start a business. Whether it’s fashion, nightclubs, or presidential candidates, celebrities bump the exposure and financial status of any business. This is now being played out in New York real estate as it’s not just amenities or “starchitects” that sell the building but which celeb has […]
Home inspection regulation laws are put in place to protect the homeowner from unscrupulous inspectors who may profit from making recommendations for repairs or are in cahoots with unethical real estate agents. In the last 10 years, 28 states have enacted some form of home inspection regulation. Are these laws […]
Time is money and getting a jump on planning and preparation for a remodel on a recently purchased home is a great idea but how far should you take the process before you’ve closed? The decision to not start any work on property is universal in the Brownstoner forums, but […]
Apartment Therapy cued us into the sale of Jennifer Bartlett’s 5 bedroom and 5 bath home/studio across the street from our offices in New York’s West Village. We’ve always found the building a bit drab from the outside considering it’s next door to the West Village’s oldest building (1820′s Federal […]
We’ve mentioned some outrageous house flipping stories before but none that include a nightclub and swing dangling from the ceiling. Curtis Jackson better known as 50 Cent is selling his recently remodeled 51,657 Sq. Ft., 19 Bed, 35 Bath, on 7.6 Acres home (compound) in Farmington, CT for a cool […]
As the chips continue to fall in the subprime meltdown, its hard to ignore the glut of house flipping (get rich) tv shows that continue to be aired. Dr Housing Bubble has an interesting analysis of TLC’s Property Ladder which is one of the few shows that actually portrays flops […]
We are bombarded with droll real estate news ad nauseam. Now its reported that folks are not only not able to sell or refinance their homes but they are also not investing in their homes by remodeling at the rate they have been. This is understandable considering the financial situation […]
Most of the real estate news we’ve been sharing has been negative so we thought we’d lighten the mood with a profile of the realtor and dog relationship which is much more complicated than you realize. Of course this is a farce but this agent does a great job selling […]
We wish we’d see less of these signs but alas the future for existing home sales looks bleak. But if you living in the right city/town real estate is still booming or at least people are buying and selling at a reasonable clip.
If someone can flip $100k into $150k why not $8.3m to $30m. Only in NYC.
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