Rioting has continued and is spreading across London for the third night.
Category: Misc.
Burbank Does Not Welcome Possible New Wal-Mart
The Great Indoors on Empire Ave in Burbank is closing and Wal-Mart wants to move in.
Rose Parade Fund’s Come Flying In (repost)
So the Rose Parade Lives On!!
World’s Skinniest House
Jakub Szczesny, Polish architect, is constructing the world’s skinniest house.
Home Builder Sentiment Improves More than Expected – CNBC
U.S. home builder sentiment rose more than expected in July but remained near historic lows, the National Association of Home Builders said on Monday. The NAHB/Wells Fargo Housing Market index rose to 15 in July after falling to a nine-month low of 13 in June, the group said in a statement. Economists polled by Reuters […]
Critics Say New Appraisal Rules Drive Down Values
Beginning February 15, 2010 mortgage brokers will no longer be able to choose their appraisers, in hopes that appraisers will make more accurate value assessments. Loans that are insured by the Federal Housing Administration will be appraised by third-party appraisal management companies. Brokers, realtors, loan-production staff and anyone who has commission in the deal will […]
Tax Credit Helps Boost Home Resale
Sales were up by 7.4% in November due to the tax credit that was made available to first time home buyers as well as the tax credit for current homeowners. The real estate market saw an improvement in the number amount of sales compared to previous months and helped increase U.S. stocks. For example, Dow […]
Real Estate Outlook: Signs of Rebound
Even though the economy is not doing so well, not everyone is in economic strain. Those individuals who have not dramatically been affected by the economy have continued to make purchases. For those individuals, right now is the best time to purchase properties because of the declining home prices in many neighborhoods. Unfortunately, for those […]
Obama’s Short-Sale Plan Could Helps Homeowners
The Obama administration will soon propose a new standardized short-sale plan. The new plan will introduce standardized documents, timelines and financial incentives that will be enforced throughout all financial institutions. Those individuals who filed for a loan modification and were denied will be able to use this program in order not to have their properties […]