Continue Reading Add comment November 30th, 2009
Struggling to stem the swelling foreclosure tide, the Obama administration announced new steps Monday to pressure banks to help homeowners long term.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/DkvGJXROfRc” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 30th, 2009
As foreclosure casualties mount, the Obama administration is expected to announce additional steps on Monday to get long-term help for troubled borrowers.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Jo4PlW7STqE” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 28th, 2009
Only a tiny percentage of troubled homeowners have received permanent modifications under President Obama’s foreclosure prevention plan, raising concerns about the effectiveness of the $75 billion effort.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q4HeMd7izf0″ height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 25th, 2009
New home sales spiked in October, one month after declining unexpectedly.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/CcHqKqGSsmk” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 25th, 2009
Since the crash, we’ve gotten used to thinking of real estate as a market shaped by national forces: Interest rates went down, Wall Street and homebuyers went nuts, regulators fell asleep at the switch, and — voilà — we had ourselves a bubble.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/wY_-hUNvtTA” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 24th, 2009
pimg alt=”MonopolyCityPkg.JPG” src=”http://www.businessweek.com/the_thread/hotproperty/archives/MonopolyCityPkg.JPG” width=”440″ height=”290″ //p
pI suspect many a real estate mogul got their start playing the board game classic Monopoly. It has a new look this year. This time rather than just houses and hotels, players can also build industrial buildings, railroads and sports stadiums, many in 3D versions in the center of the board./p
pThis being a game, players can also put up bonus buildings that protect their properties or “hazard buildings” that lower the value of opponent’s properties. Not sure what the real world equivalent of those would be, maybe a night club./p
pParker Brothers launched Monopoly during the Great Depression and it was a huge hit in those tough times. This year though, going bankrupt and losing property seems a little too close to home.br /
/pimg src=”http://feeds.feedburner.com/~r/bw_rss/hotproperty/~4/PcTFS30gI-U” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 24th, 2009
In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/v1pBYj1Gl58″ height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 24th, 2009
Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/RjUnsYsIW-A” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 23rd, 2009
These 6 businesses took advantage of crashed real estate prices to trade up for new stores and office space.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q6uuFd5ZtVU” height=”1″ width=”1″/ Read more »
Continue Reading Add comment November 23rd, 2009
Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/ZVoDvbGq-R8″ height=”1″ width=”1″/ Read more »
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