Real Estate News: Week of February 25 – March 2 Real estate news from the week of February 25 – March 1, by the numbers:$29 Million – Listing price for Michael Jordan’s Highland Park (suburb of Chicago) estate. The 56,000 square foot home has nine bedrooms, 15 bathrooms and includes an indoor regulation-sized basketball court.$4.6 Billion – Amount Fannie Mae will request from the government. The request will come on the heels of a $2.4 billion 2011 4th quarter loss for the mortgage … [Read more...]
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Real Estate News: Week of February 25 – March 2
Filed Under: News Tagged With: basketball court, bigger pockets, chicago estate, economic history of the united states, economics, fannie mae, february, foreclosure, highland park, homes sale, list prices, march, michael, mortgage, real estate, Real Estate News, subprime crisis impact timeline, subprime mortgage crisis, suburbs, week
Top Turnaround Towns
Top Turnaround TownsPrices are changing quickly in markets you wouldn’t expect as the dynamics of supply and demand, sparked by investors, play out. Here are some of the top turnaround towns based on remarkable data made available to the public for the first time last year.Realtor.com, the huge homes-for-sale site, contains anywhere from 2 to 5 million listings at any given time, depending on the state of the real estate industry and the time of year. Over the past year, Move, Inc. the … [Read more...]
Filed Under: News Tagged With: analyzing data, bigger pockets, business, data, economy, inventory, list prices, Marketing, national association of realtors, real estate broker, real estate industry, realtors, technology, top ten, tops markets, town, towns, turnaround
Week of December 24 – December 30 Real Estate News
Week of December 24 – December 30 Real EstateA quick rundown of the important real estate news from the week of December 24 – December 30, by the numbers:1.2% – Decrease in home prices in October from the previous month according to the S&P/Case-Shiller 20 city index. It’s the sixth straight month homes prices have fallen. Prices are also down 3.4% from a year ago.3.95% – Average rate on a 30-year fixed mortgage this week according to Freddie Mac. The average rate is up from last … [Read more...]
Filed Under: News Tagged With: bigger pockets, case shiller index, december, decrease, economics, flipping, foreclosure, freddie mac, home price, homes sale, list prices, month, previous, property, real estate, Real Estate News, real estate pricing, subprime mortgage crisis, united states department of housing and urban development, united states housing bubble, united states housing market correction, week
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