The Making and Unmaking of the Bubble...
Posted by About.com Home Buying / Selling in Real Estate News on 03 31st, 2009 | No Comments
Technology investor Glenn Hutchins had a useful essay in Fortune a few weeks back on the causes of the bubble.
Auditor: Bailed-out banks use aid differ...
Posted by About.com Home Buying / Selling in Real Estate News on 03 31st, 2009 | No Comments
Banks that have received federal aid are using the money as they see fit, in some cases providing new loans to customers, retiring debt or buying mortgage-backed securities, a chief investigator told Congress on Tuesday.
Boston’s Hancock Tower Sells At Ne...
Posted by About.com Home Buying / Selling in Real Estate News on 03 31st, 2009 | No Comments
The John Hancock Tower, New England’s tallest office building, sold in a foreclosure auction on Tuesday for $660 million, about half what the sellers paid three years ago, underscoring the crumbling state of the U.S. commercial real estate market.
Mortgage Modification Mayhem...
Posted by About.com Home Buying / Selling in Real Estate News on 03 31st, 2009 | No Comments
Having trouble making your monthly mortgage payment? Think you want to try to get your mortgage loan modified? Maybe get a lower interest rate? Or even get the principal balance on your mortgage reduced? Be careful.
Business seeks stimulus fix for 494/169 ...
Posted by About.com Home Buying / Selling in Community News on 03 31st, 2009 | No Comments
Proponents of a long-anticipated upgrade to the interchange of Interstate 494 and Highway 169 likely will have to wait a long time, perhaps decades, for the work if they can’t get it funded by federal stimulus dollars in the next few weeks.
Here is How to Attract Multiple Offers o...
Posted by About.com Home Buying / Selling in Buyer/Seller News on 03 30th, 2009 | No Comments
It’s astounding to many short sale sellers that they can actually get multiple offers on a short sale.
I sell a lot of short sales in Sacramento and, without exception, by…
Dunfermline costs taxpayer 1.6bn...
Posted by About.com Home Buying / Selling in Real Estate News on 03 30th, 2009 | No Comments
The taxpayer has paid out at least A 1.6 billion to Nationwide as part of its rescue of the ailing Dunfermline Building Society.
Spanish Mortgage Arrears Double to 6.7 P...
Posted by About.com Home Buying / Selling in Real Estate News on 03 30th, 2009 | No Comments
Homeowners fell into arrears on 6.69 percent of the mortgages included in S&P’s RMBS index in the three months ended Dec.
U.K. House-Price Declines Slow, Mortgage...
Posted by About.com Home Buying / Selling in Real Estate News on 03 30th, 2009 | No Comments
The average cost of a home in England and Wales declined 0.6 percent from February to 156,100 pounds , Hometrack Ltd., the London-based property researcher, said in a report today.
Despite recession, Pittsburgh in a build...
Posted by About.com Home Buying / Selling in Real Estate News on 03 30th, 2009 | No Comments
While bigger cities like Miami and Phoenix struggle with mass foreclosures and stalled housing projects, Pittsburgh is enjoying something of a renaissance as developers pour some $4 billion into its downtown.
Tim & Pat Buffham / 612.799.5255
11900 Wayzata Blvd #216M, Minnetonka Minnesota 55305
thebuffhams@comcast.net
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