But a blog can also cause agents trouble. Just ask Lucas Lechuga, an agent with Esslinger-Wooten-Maxwell, a real estate brokerate in Coral Gables, Fla. Lechuga lost his job because of what he wrote on his blog.
Sara Lin, a writer for the The Wall Street Journal’s online edition, found something good about the current housing slump: It’s easier, and cheaper, to find contractors to either build a house or renovate one.
The sales of new homes dropped by a record amount in 2007, while sales prices had their weakest showing in 16 years. If that’s not enough to shake builder confidence, what is?
Second-home buyers are drastically changing the nature of large slices of rural America.
When something goes wrong with a residential real estate purchase, who steps up to take the blame? Increasingly, the answer to that question seems to be “no one.”
The National Association of Realtors on Jan. 24 released the news that anyone trying to sell a home already knows: Housing sales were down in 2007.
Forbes Magazine, one publication that truly loves its lists, recently released another one guaranteed to get people talking. This one highlights the 10 most expensive cities for renters.
Whose fault is it when a buyer pays far too much for a home? The buyer’s? Or the buyer’s real estate agent? Marty Ummel, who in 2005 purchased a house in San Diego for $1.2 million, is asking the legal system to decide.
While the residential housing market remains mired in a deep slump in the United States, homes are selling quickly in Mexico.
In a continuing sign of how bad the residential real estate market has gotten, homebuilders are still reducing the number of new homes they are building.
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Written by Dan Rafter [email] for b5media.
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