Real estate news

Rental Markets-A Bright Spot?

I have noticed many investors on the “courthouse steps” increasing the rental property portfolio.    Check out this article from CNN Money regarding the rental market as a bright spot in the real estate market …

What is working now? “Spec Home” building revisited

During the 2011 SUHBA Parade of Homes, I felt quite certain that if I had built  3 additional homes just like the parade home, I could have sold those too.   (The parade home went under contract several weeks PRIOR to the home show.) We have noticed an ever increasing trend in the Saint George Utah New Home Market where home builders are being forced to […]

BofA to Sell $880 Million in Commercial Real-Estate Loans

B of A has of late been lightening their load of real estate assets.  Here is the latest from B of A  from the Wall Street Journal….

Real Estate Investors on the Rebound

Real Estate investors are no longer in the dog house.  This from the New York Times

The Foreclosure King is behind on his rent

Here is an interesting article released by the Associated Press on David Stern. For those who are unfamiliar, David Stern is the infamous “Foreclosure King” who owns a Florida law practice specializing in foreclosures that some label as a foreclosure mill. It is reported that the rent on Mr. Stern’s law practice headquarters is late… […]

FHA Extends ‘Anti-Flipping Waiver’ to Speed Sales of REO Homes

“Because of past restrictions, FHA borrowers have often been shut out from buying affordable properties,” Stevens added. “This action enables our borrowers, especially first-time buyers, to take advantage of this opportunity and buy a home that has recently been rehabilitated. It will also help to move more foreclosed properties off the market and reduce the […]

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