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- Zell urges "cleansing," not sympathy, on housing
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I now understand Sam Zell’s strategy to revive newspapers: He’s going to provide all the content himself. Here’s Z…
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28 April, 2008| housingblogs |
Comments (0) @ 23:52
- Record Vacant Homes, Most Since 1956
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Nobody’s home: Percentage of vacant houses sets record high in first quarter of 2008 b…
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28 April, 2008| housingblogs |
Comments (0) @ 23:33
- Something Is Going To Have To Give In California
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The Desert Sun reports from California. “There could be one silver lining to the Coachella Valley’s transitional home real estate market: though some prices have fallen, property taxes in some cases may do so, as well. Riverside County Assessor Larry Ward’s office receives 100 to 150 inquiries a day from people interested in re-evaluating home values. Last year, the assessor’s office reduced about 10,000 property values across Riverside County.”
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Original Source: thehousingbubbleblog.com
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28 April, 2008| housingblogs |
Comments (0) @ 23:25
- Broad: Home prices will fall another 20%
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News worth noting: Eli Broad, who co-founded KB Home, said today he expects home prices to drop another 20%.F…
Original Source: latimesblogs.latimes.com
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28 April, 2008| housingblogs |
Comments (0) @ 23:21
- KB Home Co-founder: Home prices will fall another 20%
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News worth noting: Eli Broad, who co-founded KB Home, said today he expects home prices to drop another 20%.
F…
Original Source: latimesblogs.latimes.com
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28 April, 2008| housingblogs |
Comments (0) @ 23:21
- Asking Prices and Inventory updated 2008-04-28
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DateCity/MetroStateInventoryMedianAsking Price
2008-04-28AlbuquerqueNew Mexico6392$250000
2008-04-28AtlantaGeorgia115839$218900
2008-04-28Austin…
Original Source: www.housingtracker.net
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28 April, 2008| housingblogs |
Comments (0) @ 23:09
- Town of Taos News & Joint County Meeting Agenda April 30, 2008
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Town/County Joint meeting agenda attached for April 30th meeting – location is Town Council Chambers, Civic Plaza Drive., Taos.
Taos Town & County Joint Meeting Agenda for April 30,2008 - Get more documents
Post Footer automatically generated by A…
Original Source: galleryrealtyoftaos.com
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28 April, 2008| housingblogs |
Comments (0) @ 22:55
- Real Estate Olympics: Cliff Diving Prices in California. Median Price Down 30 Percent Statewide.
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The California Association or Realtors on Friday came out with another press release showing how dismal the market has gotten. Sales have fallen 24.5 percent from a year ago but the more shocking development is the price of a median home in the state is now off by 29 percent. This is shocking in itself but if we are to look at the peak price reached in April of 2007, we get a more stunning picture:
California Median Price…
Original Source: feeds.feedburner.com/DrHousingBubble-HowILearnedToLoveSocal
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28 April, 2008| housingblogs |
Comments (0) @ 22:37
- Housing relief efforts slow as pace of foreclosures rise
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The pace of housing rescue efforts slowed in the first quarter of the year, according to a new report, while the number of people losing their homes to foreclosure skyrocketed during the same period.
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Original Source: money.cnn.com
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28 April, 2008| housingblogs |
Comments (0) @ 22:33
- KB Home’s Broad: Nowhere Near Bottom in Housing
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From Bloomberg: KB Home’s Broad Says Home Prices May Drop Another 20% Eli Broad … said he expects home prices to drop another 20 percent.“I don’t think we’re anywhere near a bottom in housing,” Broad told Bloomberg TV at the Milken Institute Conference in Beverly Hills, California. “We’re going to have a big inventory of unsold, unoccupied homes that’s going to take three or four years to clear out.”….
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28 April, 2008| housingblogs |
Comments (0) @ 21:19
- Morgan Stanley: just "Third Inning of Credit Cycle"
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From Reuters: Morgan Stanley see big bank woes just beginning “More capital hikes and dividend cuts (are) coming as our credit deteriorates and forward earnings decline,” [Morgan Stanley] analysts led by Betsy Graseck wrote in a report. “We think we are only in the third inning of the credit cycle and expect this credit cycle will be worse than (the slump in) 1990-91.”T…
Original Source: feeds.feedburner.com/CalculatedRisk
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28 April, 2008| housingblogs |
Comments (0) @ 20:45
- Ask Pete, Chapter Two
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Back by popular demand: Monday afternoon ask-the-blogger Q & A. You ask the questions, I pick the easy ones and answer them on the blog later today. So bring ‘em on: Questions about the L.A. housing market, the economy, the news media, etc.
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28 April, 2008| housingblogs |
Comments (0) @ 20:40
- Give Up
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Tear the Roof Off The Sucker (Give Up The Funk) — Parliament
Tear the roof off? Remember when Jim Cramer said we should plow under the Inland Empire? That might be a bit extreme, but these lazy houses need to be punished somehow, don’t they? Houses used to provide a steady supplemental income, and now they don’t. Think about all the people out there who became accustomed to the free money their houses were generating. If I were one of them, I would be pretty angry.
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28 April, 2008| housingblogs |
Comments (0) @ 20:30
- McSam takes Roslyn hotel
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Roslyn’s Gold Coast Hotel has been sold to Sam Chang of McSam Hotel Group for $5.6 million.
Built in 1968, the three-story, 56-unit hotel is located next to the Bryant & Cooper restaurant on Northern Boulevard.
Laurence Ross, of Manhattan-based Besen Associates, brokered the deal and said that new office construction in the area should help the under-performing hotel by creating a demand for places to stay nearby.
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Original Source: spacedoutli.wordpress.com
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28 April, 2008| housingblogs |
Comments (0) @ 20:21
- Hearing on airport development
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The public will have a chance to chime in Wednesday about proposed development and other improvements at Republic Airport in East Farmingdale.
The state Department of Transportation is proposing an expansion and relocation of a runway and other improvements including the removal of two hangars, construction of a 20,000-square-foot aviation hangar and a 5,000-square-foot building along New Highway, tie-downs for 70 aircraft and 13 T-hangars with 168 parking spaces.
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Original Source: spacedoutli.wordpress.com
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28 April, 2008| housingblogs |
Comments (0) @ 20:20
- Hempstead RFP this summer
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The Village of Hempstead will issue a request for proposals to redevelop its North Main Street Urban Renewal Area this summer, according to Hempstead’s Community Development Agency Commissioner Claude Gooding.
The village has named itself the lead agency in the SEQRA process in an effort to update its Comprehensive Development Plan, last amended in 1993. Once the update plan is approved, the village will entertain proposals for renewing a 26-acre portion of its downtown.
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Original Source: spacedoutli.wordpress.com
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28 April, 2008| housingblogs |
Comments (0) @ 20:19
- Too Many Houses And Not Enough Buyers
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Some housing bubble news from Washington and the empty houses across the US. Bloomberg, “A record 18.6 million U.S. homes stood empty in the first quarter as lenders took possession of a growing number of properties in foreclosure. The figure is 5.7 percent higher than a year ago, when 17.6 million properties were vacant, the U.S. Census Bureau said in a report today. The vacancy rate, the share of homes empty and for sale, rose to 2.9 percent, the highest in a series that goes back to 1956.”
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Original Source: thehousingbubbleblog.com
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28 April, 2008| housingblogs |
Comments (0) @ 19:35
- Poll: What’s your favorite pet?
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Please vote in this poll using the sidebar.
This poll will be active and displayed on the sidebar through 05.03.2008.
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Original Source: feeds.feedburner.com/SeattleBubble?i=fEppsG” border=”0″>
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28 April, 2008| housingblogs |
Comments (0) @ 18:39
- Raising Prices to Entice Buyers—wait, what?
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Here’s an interesting story that popped up over the weekend and had people emailing me and discussing it in the comments and forums. A downtown luxury condo building named Escala is having trouble moving the last 70 units (of 270, so roughly 25%), so to try and juice up their sales, they’re raising prices. Yes, you read that right: raising prices.
Developer Lexas Cos. said this week that on June 5 it will raise the asking prices 3 to 7 percent for about 70 unsold units that have been on the market since last spring.
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Original Source: feeds.feedburner.com/SeattleBubble
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28 April, 2008| housingblogs |
Comments (0) @ 18:30
- Glut: 2.3 million vacant houses for sale in U.S.A.
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Breaking news from the Census Bureau: The number of vacant homes for sale in the United States inched up to 2.3 million in the first quarter, the highest level ever measured, and an ominous sign for home-sellers and home builders.
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Original Source: latimesblogs.latimes.com
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28 April, 2008| housingblogs |
Comments (0) @ 18:25
