Analysts Still Bank On 7% Home Appreciation | Realtor Magazine
Analysts Still Bank On 7% Home Appreciation DAILY REAL ESTATE NEWS | TUESDAY, APRIL 29, 2014 Despite a weak quarter in existing-home and new-home sales, Wall Street analysts say they still expect home prices to increase by 7 percent this year. “We continue to expect home-price appreciation to moderate from the torrid pace of mid-2012 […]
4 Types of Homes That Won’t Sell | Realtor Magazine
Low inventories continue to plague housing markets across the country, as buyers face limited options and more bidding wars. But with home prices rising, more sellers are starting to put their homes on the market. However, more than half of all existing homes are unlikely to be put up for sale anytime soon, unless there […]
5 Reasons You Shouldn’t Be a Landlord | Fox Business
Owning rental property can be a great long-term wealth-building tool that is available even to individuals of very modest means. Plus, it doesn’t take a degree in rocket science to get started on the road to landlordship. But even though most people have the ability to do it, it doesn’t mean they should do it. […]
Staging Really Does Not Raise a Home’s Price
“(Staging) choices do not appear to have a significant effect on the actual revealed market value of the property,” the study’s authors wrote. “These results stand in stark contrast to the conscious opinion of both buyers and real estate agents that staging conditions significantly impact willingness to pay for a home.” The study is titled, […]
Borrowers hit with surprise defaults when co-signers die – Apr. 22, 2014
Student loan borrowers are suddenly being thrown into default when the co-signer on their loan — often a parent or grandparent — dies or files for bankruptcy. Even if they are current on their payments, some borrowers are immediately being placed in default and told to repay the loan in full because their co-signer can […]
Younger People Still Living At Home – Why The Housing Market Is Still Holding Back the Economy. Here’s Why. – NYTimes.com
Jed Kolko, chief economist at the real estate information company Trulia, estimates that by last year there were 2.3 million of these“missing” households — households that would exist if historicalpatterns had held, but instead are nowhere to be found. Why the missing households? To a large degree, they can be explained by young people choosing […]
$15 million health clinic envisioned in Spokane’s U-District Consortium of major players hopes to open facility in ’16
April 24th, 2014 Mike McLean This former Peirone Produce Co. warehouse would be razed to clear a site for the new medical clinic. A community consortium that includes some of Spokane’s largest players in the health care field are planning a $15 million primary-care clinic in Spokane’s University District that would serve as a training […]
Why Residential Foreclosure ‘Produce the Note’ Defenses Always Fail
Below is the latest case (August 2013) from federal Judge Thomas Rice (Eastern District of Washington) where he summarily dismisses these types of claims and recites other Washington and federal cases which have also found in favor of the banks and foreclosing trustees. The court dismissed the ‘robo-signing’ defense, ‘demand to produce original note’, ‘securitization […]
Homeowners Associations Are Short on Cash-Kiplinger
A recent report from Association Reserves, a consulting firm, estimated that 70% of association-governed communities are underfunded, up from 60% a decade ago. Associations with inadequate reserves may impose large special assessments for emergency repairs, says Association Reserves founder Robert Nordlund. Residents who don’t pay could face liens against their property; in extreme cases, the […]
Concealed-Carry and Commercial Real Estate | Realtor Magazine
Many commercial real estate clients are writing rules into their new leases that include barring people from bringing concealed weapons onto their premises. It is then up to the owners of the businesses, especially in multi-tenant buildings such as office towers, to make sure that this new rule is being enforced. “By putting this clause […]