Real Estate News
Attracting Foriegn Investments in Local Real Estate
Lure to Foreign Buyers: Buy a Home, Get a Visa? Daily Real Estate News | Friday, October 21, 2011 A bill recently introduced in the Senate proposes that foreigners who spend $500,000 or more on a residential property should be eligible to obtain a visa that will allow them to stay in the country. Several…Read On
Attorney Advise on Buying Short Sales
September 8th 2011 Beware of hidden foreclosure feesBuyer unknowingly agrees to reimburse seller for taxes, pay condo dues By Benny Kass Inman News™ DEAR BENNY: I recently was the successful bidder on a condo. The closing was within 15 days of the sale, and a special warranty deed was conveyed for the amount…Read On
Americans: Home Ownership Still a Great Investment
Daily Real Estate News | Friday, June 03, 2011 Seventy-five percent of Americans say that “owning a home is the best long-term investment they can make and is worth the risk of ups and downs in the housing market,” according to a new survey of 2,000 bipartisan voters by the National Association of Home Builders.…Read On
A Mixed Bag by Lawrence Yun, NAR Chief Economist
We had better than decent news on housing in June. Pending contracts on existing homes bounced back solidly – implying much improved activity in the second half of this year compared to the first half. Home prices according to many measurements – including those from Case-Shiller, CoreLogic and the Federal Housing Finance Agency – turned…Read On
Government in Talks to Rent Out Foreclosures
Daily Real Estate News | Friday, July 22, 2011 The Obama administration is considering a plan that would take foreclosed homes off the market and rent them out–in a move aimed at clearing the glut of unsold foreclosed homes and preventing home values from falling any more, The Wall Street Journal reports. The talks come…Read On
