Jul 26

The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar with the matter.

via WSJ.com.

Jul 25

The Neighborhood Assistance Corporation of America (NACA), who claims to be the largest homeownership organization in America is criticizing President Obama and the U.S. Department of Housing and Urban Development claiming both have been ineffective in helping the American homeowners.

via  agentgenius 

Jul 25

Sales of previously owned U.S. homes hit a seven-month low in June as demand for condominiums fell and contract cancellations surged, dampening hopes the distressed housing market was starting to improve.

via Reuters.

Jul 25

In many parts of the United States buying a foreclosure is en vogue. Buyers flock to these properties because they are allegedly a great deal. But, are they?

via biggerpockets 

Jul 19

But what about situations where you enter your rental and the tenant may be stressed as a result…Which for many tenants is anytime you show up!  Such as physical rent collections an action I am strongly against, routine inspections, correcting tenant caused maintenance issues and others.

via  biggerpockets.

Jul 19

From rent-eating dogs to a mysteriously dripping roof, here are some of the most ridiculous reasons renters give for missed rent or damaged property.

via MSN Real Estate.

Jul 17

After driving in the world’s cheapest set of four wheels — Nano, sporting a price tag of $2500, and the cheapest water filter at $21 with Swach, the Tata group has now set its sights on building the world’s cheapest house by the end of the year priced at just Euro 500!

via Times Of India.

Jul 17

According to a study performed by real estate search company Zillow.com, home sellers who bought their home after the housing bubble burst in 2007 overprice their homes an average of 14.1% as opposed to people who bought before the bubble (prior to 2002) and those who purchased during the bubble (2002-2006).

via agentgenius

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