May 14th, 2008
Commercial/multi-family business going strong
It’s hard to find anything positive to say about the residential real estate market. That’s not the case, though, with the commercial and multi-family side of the real estate industry.
It’s hard to find anything positive to say about the residential real estate market. That’s not the case, though, with the commercial and multi-family side of the real estate industry.
There are a lot of reasons to move to Las Vegas. If you’re looking to invest in residential real estate, though, you’d best stay away.
According to the National Association of Home Builders, home remodeling work remained steady in the first quarter of this year.
Construction crews there are now building the world’s most expensive and largest home. Mukesh and Nita Ambani expect early next year to move into the 27-story skyscraper. The project is expected to cost $2 billion.
Ever hear of James Howard Kunstler? If you live in the suburbs, especially those located a long commute from any major city, he has something to say to you: Your lifestyle is on the way out.
Recently, though, the Times wrote a funny little story about the terraces outside those towering apartment buildings dotting the city. Seems some people love their terraces, while others … don’t.
The number of vacant homes for sale in the United States hit an all-time high in the first quarter of the year.
How common are housing foreclosures becoming? According to RealtyTrac, an online publisher of foreclosure data, one in every 194 U.S. households received a foreclosure filing during the first quarter of the year.
Sometimes I forget that the housing slump is not only impacting real estate professionals along with buyers and sellers, but other industries, too.
Surprisingly enough, in this severe housing downturn, several governments across the country are proposing increases in homeowners’ property tax rates.
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