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  2. Real Estate 411
    3. (Page 8)

Real Estate 411

10 Cities Boasting Mini Sales Booms

Some cities that were hardest hit by the real downturn are experiencing mini sales booms.Las Vegas real estate properties are down 28 percent in price, but sales of homes are up 15 percent. Motivated buyers accounted for 64 percent of Las Vegas sales in October, says Radar Logic, a derivatives firm. That’s the highest rate […]

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Where Buyers are Picking Up Housing Bargains

Smart investors in all parts of the country are picking up fabulous housing bargains. Bill Leon, president of Florida’s Broward (County) Real Estate Investors Association, has been buying and selling investment property for years, but he thinks today’s deals are unprecedented. “People are afraid not to sell because they don’t know where the bottom of […]

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Home Sales Rise in Military Towns

Homes near military bases are escaping a slowdown in sales due to the wars in Iraq and Afghanistan. For instance, home prices in Clarksville, Tenn., the nearest residential area to Fort Campbell, Ky., rose 6 percent in the second quarter of 2008, compared to the previous year, while average home prices in the U.S. fell […]

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Buyers Want Flexibility Over Bigger Rooms

Smaller, versatile  space is trumping huge square footage among home buyers, according to the findings of at least one major home builder. Designers at Beazer Homes are eliminating long hallways to open up plans. They also are scaling back master bedrooms. “We found some masters were getting deeper, so the distance from the end of […]

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Cities Where Most Homes Are Mortgage-Free

Amid the subprime mortgage disaster, it’s easy to forget that a lot of people own their homes outright. In fact, a full one-third of U.S. homeowners don’t have a mortgage to worry about. According to an analysis of census information by USA Today, there are 123 areas of the country where 40 percent or more […]

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Fannie/Freddie-Ban on Foreclosures!!

Freddie Mac and Fannie Mae Announce Ban on Foreclosures Until Jan. 2009 Mortgage finance giants Fannie Mae and Freddie Mac revealed Thursday afternoon they will work to keep Americans in their homes, announcing a suspension on foreclosures starting Nov. 26, 2008 until Jan. 9, 2009. The two companies said no evictions will take place during […]

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Foreclosure Clean-up Business

Finally- we have a response from an Atlanta based company! If you are looking to start up a Foreclosure Cleanup business- see below for advice from one company on how to get started: “Contact realtors that specialize in foreclosures. Often they have a cache of homes.  Pricing is a different ball of wax. It’s relative […]

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How to Buy a Condominium

By eHow Personal Finance Editor 1 Step Think about how long you’re going to stay in one place. Buying a condo is no different than buying a single-family home–you need to live there at least a couple of years to recoup closing costs, assuming the property will appreciate. 2 Step2 Give some thought to what […]

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McCain, Obama Solidify Stands on Housing

Both presidential candidates have announced plans to help voters deal with the challenging housing economy. Here are their ideas as posted on their election websites: Sen. John McCain: Direct assistance to homeowners. No taxpayer money should go to real estate speculators who made bad decisions about investments. Reform financial and lending systems to prevent a […]

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Employer-Assisted Housing Can Be the Answer

Rising home prices, increased housing costs, and today’s tightened mortgage market have put homeownership out of reach for many working families. In fact, nearly 40 percent of Americans believe there is a shortage of available affordable housing, according to a recent survey by the NATIONAL ASSOCIATION OF REALTORS®. The survey also found eight out of […]

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