The rise in home foreclosures and distressed properties around the country has created unique investment opportunities for prospective homeowners who are willing to take a chance on a house in order to save some money. After a lender has taken possession of a property and has failed to find a buyer, they may choose to [...]
An article that appeared in HometownAnnapolis.com brings up a helpful topic for home buyers and home sellers to consider: what to look for in a real estate agent. Many people interested in buying or selling a home don’t invest much thought in which real estate agent they choose to assist them with the process. [...]
A recent article that appeared in the Washington Examiner discusses a topic that many people want to know: what is the difference between Realtors®, real estate agents and real estate brokers? With the federal tax credit drawing more and more first-time home buyers to the real estate market, many people have no idea about what [...]
An article on home foreclosures that recently appeared on WLKY.com cites a Louisville Courier-Journal report that claims there are more than 6,000 vacant homes in and around the city. The vast majority of these homes are foreclosures. The abandoned properties have become neighborhood eyesores, and city leaders are growing concerned about the hazards that [...]
Kentucky business news source, The Lane Report, claims in a recent article that one sector of Kentucky’s housing market is going strong while other segments flag in the economic downturn. Baby boomers nearing retirement age are driving sales in condominium-style housing, which allows owners to experience a lifestyle with much less property maintenance than a [...]
The Louisville Courier-Journal recently published an article claiming that Louisville home prices rebounded slightly in May 2009. The Greater Louisville Association of Realtors said that the median price of homes sold by its members in May rose 1.5 percent over homes sold in May 2008. The median selling price in May was $137,000 and this [...]
A recent article in the Market Watch section of the Wall Street Journal claims that foreign real estate investors predict that the U.S. housing market will rebound in the second quarter of 2010. The Association of Foreign Investors in Real Estate (AFIRE) issued a survey to its more than 200 members, and respondents expect to [...]
The economic slowdown and depressed real estate values in many markets have created investment opportunities for perceptive investors with deep pockets. Individual investors with cash on hand buying foreclosed homes at bargain prices have boosted home sales figures over the last several months, and there are indicators that a similar trend is underway in [...]
The number of homeowners delinquent on their mortgage payments and the number of home foreclosures rose to record levels in the first quarter of this year. Interest rates on home loans climbed as the government’s efforts to contain falling home prices appeared to lose momentum. The foreclosure report on Bloomberg.com claims that the delinquency [...]
