Enjoy the latest news and headlines in the world of Real Estate, read Laurie Flood's newsletter, or check out some valuable resources that provide some in-depth details on loans and financing.
The U.S. lost 54,000 jobs in August, due in large to the ending of the U.S. Census period, according to a Friday report from the U.S. Department of Labor.
DALLAS (Dallas Morning News) – Grubb & Ellis Apartment REIT Inc. has contracted to buy three apartment communities valued at $48 million from Virginia-based Mission Residential, according to financial filings with the Securities and Exchange Commission.
THE WOODLANDS (Houston Business Journal) – Chesmar Homes has acquired six acres on Ashlane Way in the Village of Sterling Ridge in The Woodlands for a new townhome project.
DALLAS (Dallas Morning News) – Mid-America Apartment Communities Inc. has purchased The Venue at Stonebridge Ranch, a 250-unit rental property completed in 2000, and La Valencia at Starwood, a new 270-unit apartment community on Lebanon Rd. in Frisco.
Paul Fireman's ranch is one of the largest in the West, with an asking price of $50 million. Plus, Bret Saberhagen's home lists, and a Beverly Hills home asks $9.5 million.
The 290,100 acres are 150 miles east of Santa Fe. Plus, a home designed by Marcel Breuer is on the market for $3.8 million, and an interior designer has cut the price on his Washington, D.C., home.
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.
It's been five years since Hurricane Katrina came roaring into the Gulf Coast, dramatically changing New Orleans and the lives of those who called it home.
Commercial real estate sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to the National Association of Realtors®.
Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors®.
Realtors® play an important leadership role in building our communities, sharing their time and talents to help others in need. Ten such individuals were recognized today by the National Association of Realtors® as finalists for REALTOR® Magazine's 2010 Good Neighbor Awards.
*Credit applied toward closing cost. If transaction price is less than $150,000, a $1000 credit will be given. Both a Realtor and loan officer from the Home Benefits Group must be used to receive the full credit. A 50% credit will be given if only a Realtor or loan officer from the Home Benefits Group is used and not both.
