Posted by: Denise
If you did not know women buying real estate is growing. They are one of the top groups that are purchasing real estate today. Women have concerns that some other groups don’t have such as safety it is a big issue for women. When I bought my first place it was a condo because it made me feel safer than buying a single family residence. ...
Continue Reading →Single women continue to be a major force in the real estate market, according to MSNBC and the National Association of Realtors. The demographic accounted for 20 percent of all homebuyers in the past year, whereas single men only made up 12 percent of the total.
Realtors and builders are taking notice of this trend. In new home construction, builders are putting in extras such as security features, gourmet kitchens and yards with little to no maintenance required.
What else is important ...
Continue Reading →Posted by: Denise
Take a look at this great article on LA Times.
“Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she’s running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a home worth more than $700,000 in a top school district. We don’t know if we are jumping the gun with ...
Continue Reading →The apartment vacancy rate is at its lowest level since late 2001 as the rental market continues to soar, according to the latest fourth quarter data by Reis Inc. As demand increases, the vacancy rate for apartments dropped in the fourth quarter to 5.2 percent compared to 6.6 percent a year prior. “Multifamily property has been the star of the real estate sector for more than a year, generating profits for landlords but headaches for renters struggling with the economic ...
Continue Reading →Posted by: Denise
Posted by: Denise
50 States Sue THE BIG BANKS
Attorney Generals of all 50 states have been suing the big banks over violations of real estate law. Banks transferred their mortgages repeatedly in order to create the infamous mortgage backed securities that were filled with non-performing loans and sold all over the world. But, the banks never paid the taxes and fees due on the transfers and so have opened themselves up to a lawsuit by every state.
A number of 20 billion has ...
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