23 Jan 2012 06:25 am
Foreclosures: America’s hardest hit neighborhoods
The housing collapse has dramatically changed the nation's foreclosure landscape.
22 Jan 2012 03:24 pm
China’s housing market is set for a hard landing
The numbers are grim: China's property bubble is heading for a spectacular burst, and its effect on the country's economy will be widespread.
20 Jan 2012 10:04 pm
Steal this house! 7 foreclosure deals
A three-bedroom home for $15,000? These foreclosed homes may be in some of the U.S.'s hardest hit neighborhoods, but the deals may be too good for some buyers to pass up.
20 Jan 2012 12:29 pm
9 remodeling tips to make your home feel bigger
You don't have to be underwater on your mortgage to feel trapped in your home.
20 Jan 2012 12:20 pm
Home sales continue to improve
Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.
20 Jan 2012 09:42 am
PETA asks Jamie Dimon for O.J.’s house
PETA wants O.J. Simpson's house.
19 Jan 2012 06:45 pm
Cool and unusual homes for sale
From spinning UFOs in upstate New York to magical kingdoms in Arkansas, these homes offer a truly unusual living experience
19 Jan 2012 10:44 am
New home construction gathers momentum
New home construction slowed slightly in December after a strong November showing, but was still much more active than a year earlier.
18 Jan 2012 06:56 pm
Mortgage applications surge amid record-low rates
Mortgage loan applications surged 23% last week, according to the Mortgage Bankers Association, as record-low interest rates convinced many homeowners it was time to refinance into lower-cost loans.
18 Jan 2012 12:50 pm
Has Obama’s housing policy failed?
The president's efforts to revive the housing market have largely failed. But is that entirely Obama's fault?
18 Jan 2012 12:08 pm
O.J. Simpson faces foreclosure on Florida home
As if being in prison wasn't bad enough. O.J. Simpson's life has taken another sour turn: He's now facing foreclosure on his Kendall, Fla. home.
18 Jan 2012 12:00 pm
Foreclosure nightmares
With more than 200,000 households receiving foreclosure notices each month, there are bound to be a few mistakes. But for some unlucky homeowners, these blunders carry some serious consequences.
17 Jan 2012 08:20 pm
Housing: The one bailout America could really use
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
17 Jan 2012 06:00 pm
RISMedia to Showcase Celebrity Home Listings
Agents, have you ever listed or sold a home owned by a celebrity? If so, we want to know about it! RISMedia is excited to announce that in 2012 we will be significantly expanding our coverage of celebrity homes and …
15 Jan 2012 02:06 pm
Monday Morning Mobile: Time to GoMo and Test Your Site
We all know that Google is no stranger to the world of mobile, after all its operating system, Android, is the most popular in the world; all their apps (Gmail, Google calendar, flicker, etc.) are all designed for use on …
13 Jan 2012 06:34 am
GOP cribs: Where the candidates live
It may not be 1600 Pennsylvania Ave., but the presidential candidates reside in some pretty nice digs. Here's a look at where they live -- at least, for now.
12 Jan 2012 09:18 am
Foreclosures fall to lowest level since 2007
Foreclosure filings and repossessions fell to their lowest level since 2007 last year.
11 Jan 2012 06:12 pm
Mobile Goes Mainstream: MRE Announces Support of Google’s Go Mo Initiative
In support of Google’s Go Mo initiative, Mobile Real Estate (MRE), a leading mobile solutions provider, has launched a free online tool that allows REALTORS® to test their website to ensure it is optimized for mobile. When Google launched its …
10 Jan 2012 07:14 pm
Fannie Mae CEO to resign
Fannie Mae CEO Michael Williams plans to resign, the government-controlled mortgage giant said Tuesday. Williams, who took over as president and CEO of the troubled company in 2009, will continue as CEO until Fannie Mae's board names a successor. The firm did not provide a specific reason for Williams' departure; in a statement, Williams said only that he had decided that "the time is right to turn over the reins to a new leader." Williams will leave behind a firm still struggling to get its finances in order. In November, Fannie Mae reported a net third-quarter loss of $5.1 billion. The loss forced the firm to ask for another $7.8 billion in funding from the Treasury Department, a request that took its bailout total to $112.6 billion. Federal regulators put Fannie Mae and fellow government-sponsored enterprise Freddie Mac into conservatorship during the financial meltdown in September 2008. The sister companies now depend on government help to cover losses on the mortgages they own or guarantee. In October, Freddie Mac CEO Ed Haldeman also announced plans to step down at some point this year. Williams and Haldeman have faced scrutiny in recent months for their hefty paychecks, granted even as their firms rely on taxpayer support. The targets for their 2011 pay, which will include deferred compensation, are set at about $6 million a piece. In December, the Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac, including former Fannie CEO Daniel Mudd and former Freddie chief Richard Syron with securities fraud. The SEC alleges that the executives misrepresented the firms' holdings of high-risk mortgage loans ahead of the financial crisis.
10 Jan 2012 03:20 pm
High-yield mortgage REITs: Too good to be true?
As bond, CD, and money market interest rates remain mired at rock-bottom levels, investors continue their quest for dividends. One category offers eye-popping yields: mortgage real estate investment trusts, or mREITs (which are required to pass most of their income to shareholders via dividends). Chimera Investment and American Capital Agency each yield more than 19%. And the largest mREIT, Annaly Capital Management -- which we've recommended before -- offers a 15% payout. Are these returns too good to be true?
10 Jan 2012 12:36 pm
Turning foreclosures into rentals
Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.
09 Jan 2012 07:25 am
Lakeside Lots On Beautiful W. Kerr Scott Lake, Wilkes County NC
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
click here for more informationMalone Bay Lakefront Lot W. Kerr Scott Lake
06 Jan 2012 08:08 pm
Washington, D.C. leads U.S. in attracting new residents
Among those who moved last year, the nation's capital was once again the most popular destination.
05 Jan 2012 11:53 pm
Mid Atlantic Region Expected to be ‘The Exception, Not the Rule,’ in 2012 Housing Market
REGIONAL SPOTLIGHT—As the new year begins, potential home buyers and sellers throughout the Mid Atlantic region are anxious about how their properties will fare in this coming year. To explore the issue, MRIS has released a list of several key …
04 Jan 2012 06:26 am
Manhattan home prices fall in final months of 2011
Despite a number of multi-million dollar home sales, including a record-setting $88 million penthouse deal in December, Manhattan real estate prices fell significantly during the final months of 2011.
03 Jan 2012 05:49 pm
Bailout concerns mounting for federal housing agency
Concerns are growing that the Federal Housing Administration will need to be bailed out by taxpayers.
02 Jan 2012 03:28 pm
Coldwell Banker Platinum Partners Helps Local Charities this Holiday Season
During Coldwell Banker Platinum Partners’ holiday charity drive, sales agents and staff from throughout the region spent much of November and December gathering donations to benefit a variety of charities. The Partners banded together with one common goal – to …
02 Jan 2012 03:26 pm
Prudential Network Realty Launches Mentoring Program
The real estate professionals at Prudential Network Realty are helping students learn about career opportunities through their support of a new real estate mentoring program for youth attending the MaliVai Washington Youth Center.
“It is very rewarding to launch a …
02 Jan 2012 11:49 am
FHA says: Flip that house
Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve from the Federal Housing Administration.
02 Jan 2012 07:24 am
Desirable Waterfront Lot on W. Kerr Scott Dam & Reservoir, The Sanctuary At William’s Farm
MLS #: O56045A
List Price: $329,900
Williams Farm Rd Wilkesboro, NC 28697
APX ACREAGE: 2.44
SUITABLE USE: Residential
TOPOGRAPHY: Lake/Pond, Heavily Wooded, Exceptional View
AREA: Area 2
SUBDIVISION: Williams Farm
ELEMENTARY SCHOOL: Wilkesboro
MIDDLE SCHOOL: Cntrl Wlks
HIGH SCHOOL: Wilkes Central
LOT SIZE: 2.44 Acres
PARCEL ID: 0302666
RESTRICTIONS: Yes
OWNER NAME: Ziegler, Nanci and Brent
TERMS OF SALE: Cash, Conventional
POSSESSION: At Closing
DOCUMENTS ON FILE: Survey/Plat, Deed Restrictions
SHOWING INSTRUCTIONS: Sign, Show Anytime, Other-See Remarks
UTILITIES: Underground Utilities
WATER/SEWER: None-Water, None-Sewer
ROAD FRONTAGE: Private Road, Paved Road
MISCELLANEOUS: 1-5 Acres
REMARKS: 2.44 Acre point lot with Main Channel Lake View. 500 feet of waterfront. Private Dock Permit in Place. Community with only 17 Lots.
DIRECTIONS: Hwy 268 West 5.5 miles. Turn Right onto Williams Farm Road, Lot 16 on right just before the end of Cul-de-Sac. Sign on Lot.
MISCELLANEOUS: Association Dues are $195. per year.
click here for more information
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