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Monthly Archives: January 2010
Housing Sales Down Nationwide on Old Houses 16.7%
January 25, 2010 | 9:10 am Sales of previously owned homes in the U.S. tumbled 16.7% in December, according to a report. The National Assn. of Realtors said this morning the number of previously owned, single-family homes, town homes, condominiums and … Continue reading
Arizna Court Case Gets California Real Estate Investors’ Attention
by Luci Scott – Jan. 25, 2010 12:00 AM The Arizona Republic A group of investors in California is paying close attention to the saga of Elevation Chandler, especially a lawsuit by a man who claims he won the property … Continue reading
CalPERS Back in the Buying Game
Thursday, January 21, 2010 2:13 PM CalPERS shows funds bouncing back Andrew Willis Pension funds are beginning to report 2009 performance, and the first take on the numbers would indicate that we’re skating back from the brink. Losses in virtually … Continue reading
30 Year Mortgage Fall to 4.71%
By Lynn AdlerNEW YORK, Jan 21 (Reuters) – U.S. home loan rates fell for the third straight week, sending 30-year mortgages below 5 percent for the first time since mid-December, home funding company Freddie Mac said on Thursday. Boosting affordability, … Continue reading
Builders Using Private Investment Dollars to Build
By John Gittelsohn Jan. 21 (Bloomberg) — More than 40 U.S. homebuilders have teamed up with private equity firms to acquire and complete unfinished subdivisions as banks cut construction lending. The investments will pay off for the builders and their … Continue reading