Monthly Archives: August 2010

While the last couple of years across the country have hit lower to medium valued homes hard in terms of losing value, it hadn’t impacted higher end home sales nearly as much. This is because those who had the lower priced homes were competing with all the foreclosures in the neighborhood in order to sell. [...]

This week it was reported that an Australian commercial property owner will receive nearly a billion dollars in lending from the Challenger Financial Services Group Ltd. The transaction will take place over the next year and comes at a time when many are avoiding the market. Over the past six months the investment manager has [...]

While foreclosures remain at high levels, research shows that one out of every five of them are considered to be strategic defaults. Those people who have the means to pay for their mortgage, but choose to stop paying it, for whatever reason, are considered to be strategic defaults. This rate also remains unchanged from the [...]

Open houses are one of those things in the real estate world that people usually either love or hate. They have either had good experiences with them, or they have avoided them as much as possible. While there may not be one clear cut answer to whether or not people should hold an open house, [...]

According to the National Association of Realtors there was a drop in existing home sales during the month of May. The rate of sales of previously owned homes fell 2.2 percent during the month. This comes as a surprise to many analysts who had expected the rate to increase five percent. During the month of [...]