Cash Purchases Jump to 40 Percent of All Sales in July as Sales Volume Drops …Marketwire (press release)While sales volume continued to increase nationwide, eight states posted annual decreases in total sales, including California (down 17 percent), Arizona (down 11 percent), Nevada (down 7 percent), and Georgia (down 2 percent). Those four states also … […]
Monthly Archives:: August 2013
RealtyTrac: Nevada Home Prices Jump But Sales Fall – KLAS-TV
RealtyTrac: Nevada Home Prices Jump But Sales FallKLAS-TVThe median home price in Nevada last month shot up 27 percent over July 2012 but total sales were down 7 percent over the same period, according to the real estate analytics company from Irvine, Calif. California led the way with a 31 percent hike in … …read […]
Remembering basic economics in real estate
By Ryan Lundquist Have you ever watched the TV show Antiques Roadshow on PBS? Once in a while I’ll catch an episode since it’s always interesting to see what people’s stuff is worth. If only I had that type of “junk” lying around my house. While watching the other day with my sons, it was […]
Golden Return: Serge Pun Constructs A Real-Estate Empire In Myanmar – Forbes
Golden Return: Serge Pun Constructs A Real–Estate Empire In MyanmarForbesA roadside billboard welcomes me to “A Model City of Tomorrow.” After a bumpy ride in monsoon rains the real estate showroom comes as a relief and something of a mystery. As a salesman clicks on interactive screens showing condominium designs and … …read more
County: State to retain group home oversight | Recordnet.com – Stockton Record
County: State to retain group home oversight | Recordnet.comStockton RecordSTOCKTON – Responding to a grand jury investigation critical of the oversight of group homes, local government officials said the state agency responsible for monitoring group homes would provide more information to the San Joaquin County agencies … …read more
RECENT HOME SALES – Palo Alto Online
RECENT HOME SALESPalo Alto OnlineHome sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks … …read more
Home Price Growth Beginning To Slow Down, Says S&P/Case-Shiller – Forbes
Home Price Growth Beginning To Slow Down, Says S&P/Case-ShillerForbesHe noted that housing has been a “speculative market” thanks to the prevalence of real estate investors that include Wall Street institutions and house flippers. Last week he warned that rising rates will hurt home prices as the increasing cost of …and more …read more
Bullish on the US, and Bullish on ETFs – Barron’s
Bullish on the US, and Bullish on ETFsBarron’sIn California, there have been challenges in Stockton, San Bernardino, and other strapped cities to the primacy of the claim that Calpers—the California Public Employees’ Retirement System—has on their revenue. Calpers has the power to force … …read more
Real Estate And REITS As An Investment – Forbes
Real Estate And REITS As An InvestmentForbesIndividual real estate properties meet none of the usual tests for market efficiency: Each parcel is unique, transaction costs are very large, sales occur only occasionally, and market knowledge is often local and restricted, making this an insider's …and more …read more
Lawsuit Alleges Trump Defrauded 'Students' In Seminars Meant To Teach … – Forbes
Lawsuit Alleges Trump Defrauded 'Students' In Seminars Meant To Teach …ForbesA lawsuit filed Saturday by New York Attorney General Eric T. Schneiderman alleges that Donald Trump defrauded more than 5,000 people of $40 million, handed over for what was supposed to be the opportunity to learn Trump's real estate investment magic …Trump defends his school, […]
New Plan To Bail Out Underwater Mortgages Has Banks Panicked – Mintpress News
New Plan To Bail Out Underwater Mortgages Has Banks PanickedMintpress NewsThe demonstrators, many from California, said Wells Fargo has been slow to forgive or adjust mortgage loans on homes that have been devalued by the recession. (AP Photo/Rick Bowmer). Earlier this month, Mayor Gayle McLaughlin of Richmond, Calif., … …read more
Pennsylvania Real Estate Investment Trust's Series A Cumulative Redeemable … – Forbes
Pennsylvania Real Estate Investment Trust's Series A Cumulative Redeemable …ForbesOn 8/28/13, Pennsylvania Real Estate Investment Trust Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable …and more …read more
IRS To Michael Jackson's Estate: Who's Bad? – Forbes
IRS To Michael Jackson's Estate: Who's Bad?ForbesFor valuation purposes, all assets under the control of the decedent at his or her death are considered taxable and that would include corporate interests, real estate and contracts for future earnings. Federal estate tax is calculated by adding up all …and more …read more
Home Prices near Pre-Crash Levels – USFinancePost
Home Prices near Pre-Crash LevelsUSFinancePostLender Processing Services used its loan level databases and June 2013 residential real estate transactions to conduct a repeat sales analysis of the home prices in order to complete calculations. … California and Illinois were both at 1.6 percent …and more …read more
Fall Flings – Baltimore Magazine
Fall FlingsBaltimore MagazineOne big surprise to this veteran Napa/Sonoma taster: the relative sophistication of the tasting experience (not to mention the California-style crowds at each winery we visited). And another plus: the region itself ….. Third Street, Spring Lake's … …read more