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January 2007 - Posts

World's Most Expensive Home for Sale
Daily Real Estate News / January 31, 2007 Billionaire developer Tim Blixseth is selling a mansion which he's dubbed "The Pinnacle," at the Yellowstone Club in Bozeman, Mont., which will be completed in a year. The price tag for his 55,000 Read More...
Americans Want to Spy on their Homes
Note that this information is outdated. A new survey says 72% of Americans want to spy on their homes. Read More Read More...
Location, Location, Location: What's the Impact on Value?
New Research by the National Association of Home Builders uses sophisticated statistical analysis techniques on a massive housing database to come up with a definitive list of the top locational characteristics that raise and depress property values the Read More...
10 Markets at Highest Risk for Declining Prices
Daily Real Estate News / January 25, 2007 PMI Mortgage Insurance Co. reports that its Market Risk Index scores have increased for 34 of the nation's 50 largest metropolitan statistical areas. The scores mesure the risk that home prices will decline Read More...
London Strides Above the World in Pricey Property
Daily Real Estate News / January 24, 2007 London may be the world's most over-priced real estate market. In trendy Knightsbridge, a 77-square-foot former storage room is being marketed as a studio apartment. The asking price - $335,000 or $4,340 a Read More...
Happy Renters Make Happy Landlords
Note that this information is outdated. Making renters happy by providing for their well being can keep your investment intact. Read More Read More...
New Home Trend: Underground Garages
Daily Real Estate News / January 23, 2007 Builders in the Dallas area increasingly are including underground garages in their single-family projects, giving home owners more space for extra rooms, backyards, or swimming pools. For example, the underground Read More...
Power Renting Could Save Your Home Sale
It takes more than just a beautiful house and a good price to sell a house if you are making 2 payments. Rent with power by opening it up as rented furnished, rented short-term, rented for pleasure or rent-to-own. Read More Read More...
Housing Counsel: Mortgage Interest Deduction
Note that this information is outdated. The avoidance of tax is the only intellectual pursuit that carries any reward. The columnist explains mortgages, interest rates and points about refinancing and home purchase. Tax deductions are computed differently. Read More...
Cash Back at Settlement is Legal, But Be Careful
Note that this information is outdated. Seller Loan is legal as long as the appraisal report supports the contract price and can be a separate transaction out of the purchase contract. Read More Read More...
Study Finds Ohio Has the Highest Foreclosure Rate
Daily Real Estate News - January 1, 2007 Ohio had the highest rate of foreclosures for one-to four-unit residences in the third quarter of 2006, according to a study by the Mortgage Bankers Association. About 3.3 percent of Ohio homes and small apartment Read More...
Trailer Park Owners Become Millionaires
Daily Real Estate News - January 11, 2007 Residents of a coastal trailer park in Palm Beach County, Fla. called Briny Breezes have approved the sale of their community to a developer for more than $510 million. The proceeds will be distributed based on Read More...
National Debt Consolidation Scheme Misleads Consumers About Costs, Benefits, and Nonprofit Status
A nationwide debt consolidation business violated federal law by misleading and illegally telemarketing millions of consumers, according to the Federal Trade Commission which is seeking consumer redress in federal district court, a freeze of the operation's Read More...
Is Canada ready for "Mall Homes"?
The business world, particularly the retail sector, is beginning to understand how shopping and communities will and must change. PJ Wade explains why this may mark the start of serious forward thinking and a significant Canadian real estate trend. Read Read More...
Law Encourages Koreans to Buy U.S. Real Estate
Daily Real Esta News - January 8, 2007 Worldwide, Koreans could spend at least $4 billion on overseas homes for 2007as a result of the changes made by the Korean government last year that allow Korean individuals to make as much as $1 milion in foreign Read More...
Arizona Now Fastest Growing State
Note that this information is outdated. Arizona has surpassed Nevada as the fastest growing state, according to the latest Census Bureau estimates Read More Read More...
10 Tips to Stay Happy at Work
Note that this information is outdated. The Balance Team, which specializes in professional-and-personal-growth seminars for administrative and executive assistants in Fortune 1000 companies suggests 10 tips for staying content at work. Read More Read More...
Presidential Candidate Sells D.C. Home
Daily Real Estate News - January 2, 2007 Former Sen. John Edwards, who last week declared his candidacy for the U.S. presidency, has sold his Washington home for $5.2 million. Edwards purchased the P Street property in Georgetown for $3.8 million in 2002. Read More...
Beware of Latest Mortgage Scam
Daily Real Estate News - January 2, 2007 In a scam known as shotgunning, thieves are applying for multiple home loans simultaneously. When they get the money - sometimes millions - they take it and leave the country. Authorities are blaming Eastern Europeans Read More...