Stop foreclosure News: January 2008,We buy house for cash Blogs

Stop foreclosure News

Monday, January 28, 2008

Santa Barbara Luxury Real Estate Shoots Up

The luxury real estate market of Santa Barbara has exceeded its record recently, as the prices have reached over $10 million. The 2007 escrow sales revenue of the Santa Barbara luxury real estate market was $279 million and in 2006 it was $219 million, in 2005 it was 128 million and in 2004 it was only about 74 million. Now the luxury real estate market is facing low supply and high demand. The Santa Barbara economic environment is very strong, and this luxury real estate market is not suffering from any foreclosure or sub-prime. Every buyer of Santa Barbara knows that this is one of the most beautiful places in the world with oceanfront and mountains.

Thursday, January 24, 2008

Homes in USA - Foreigners' delight

United States of America is becoming a hotspot of the real estate sector (predominantly home properties) nowadays especially for the foreign investors. This interesting piece of Real estate investing information is substantiated by the survey by the National Association of Realtors. It says around 65 percent of Florida Realtors had at least one international customer. And this scale shows that at least 7 percent of home sales in the state of Florida are bought by the foreign purchasers. The facts behind this are nothing but the transformed currency environment in the United States. It is better than Europe and Asia, and this is America which the investment is going to be put. These eventually brought US to limelight in realty.

Sunday, January 13, 2008

1,000 California Homes to be Auctioned

Irvine - A real estate corporation will hold a five day auction for more than thousand residential properties over the next three weekends. Some of the home will be auctioned between the month of January 26 and February 10 which will have the starting bids forty percent lesser than the previous value. This company organizes real estate auctions for third parties like builders, lenders and mortgage companies. The properties which are being auctioned include single family homes and condos. Last month the corporation has auctioned about 70 luxury condos in four communities at south California.

Monday, January 7, 2008

Caribbean Real Estate Continues to Prosper

In spite of some downturn in mortgage market in United States, the Caribbean real estate continues to grow. According to the Fortress Caribbean Property Fund chairman, Geoffrey Cave; who said that based on the fund's performance in the year 2007, the net profits rose from 41 percent, which was from $5.2 million to $7.3 million. In the fiscal year 2007, the investment gurus considered about 18 purchase opportunities, including one in St. Lucia, one in Canouan and two in Antigua and others in Barbados. These opportunities included investments in official buildings, retail malls, cruise terminal and resorts.