real estate news

Real Estate News by the Numbers: Week of May 7 – May 13

by Douglas Lazovick | May 13, 2011

A quick rundown of the important real estate news from the week of May 7 – May 13, by the numbers: $ 5 Billion – Amount banks are willing to pay to settle claims of improper mortgage foreclosure practices. The money will “be used to compensate any borrowers previously wronged in the foreclosure process and [...]

1 comment Read the full article →

Real Estate

The Top 35 Real Estate Blogs Revisited almost 3 Years Later

by Joshua Dorkin | May 20, 2009

Back on August 25, 2006 we put together a hugely popular list of The Top 35 Real Estate Blogs, which continues to drive great traffic to those on it today. What is astounding is how quickly sites are falling off the list! Since its initial publication, the list has been trimmed down to twenty (20) [...]

16 comments Read the full article →

Real Estate News

Another Day, Another Real Estate Scammer Busted: $20M Scam Shut Down!

by Joshua Dorkin | February 4, 2009

It seems that you don’t have to look too far to find someone trying to scam the innocent these days. From Madoff on down, it feels like there is a white collar crook around every corner. The good news is that many of these people are getting busted . . . unfortunately, by the time [...]

3 comments Read the full article →

Economy

Say Again: A JUMP In Home Sales?

by Charles Feldman | August 20, 2008

Homes sold–up 25.5%. Homes sold–up 17.1 % Homes sold–up 48.6%. Is this happening on Mars? In Russian invaded Georgia? In the Arctic? Would you believe this is happening in, of all places, Southern California! Well, the figures, as they say, speak for themselves. Apparently, falling home prices over the past year are bringing about a [...]

12 comments Read the full article →

Foreclosures

The Senate & The Housing Rescue Plan: Christmas in July?

by Charles Feldman | June 25, 2008

It’s beginning to look a lot like Christmas—in July–for distressed homeowners. IF–if–a rescue plan just voted on in the Senate by a vote of 83-9 can avoid a Bush veto and be restructured to please the White House, the Congress, the lenders and, oh yes, the homeowners! Experts making educated guesses think all that is [...]

5 comments Read the full article →

Real Estate Deals

Sign of the Times: Buy One Home Get One Free

by Joshua Dorkin | June 3, 2008

Deal of the Century? I guess home builders have decided enough is enough. In a sign of the times, the Los Angeles Times is reporting that Michael Crews Development out of San Diego is offering a buy-one-get-one free deal on homes that they have developed in Escondido. The company came up with this idea as [...]

9 comments Read the full article →

Housing

Alt-A Loans: The Crisis Yet To Come?

by Charles Feldman | May 20, 2008

Last week, a member commented on my weekly post that he thought the next great crisis, following the current one caused in large measure by subprime mortgages, will come to us via something called Alt-A loans. And, he just may be right! Alternative to grade-A prime loans..or Alt-A loans..unlike subprime loans, were dished out to [...]

4 comments Read the full article →