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Thursday, April 24, 2008

Seattle, San Francisco and New York Real Estate Continues to Boom

In cities such as Seattle, San Francisco and New York real estate continues to booming. During the first quarter of this year 2007, the median price for a Manhattan home went up to 18%, to $872,000, when compared with the same period last year, according to a repot from a Web portal that came on April 17. The median price for all of New York City, which includes much weaker middle-class neighborhoods in the Brooklyn, Bronx, Queens and Staten Island, rose to 4% in the first quarter, to $535,000.

And the numbers continue to amaze everyone in the real estate market. Manhattan real estate continues to climb greater heights because of the wealth of its buyers, the still-strong job market, the limited supply of homes and the weak dollar, which is pulling in more foreign buyers. And Manhattan isn't America's only strong market; bright spots in the real estate market include Charlotte, N.C. and Austin, Texas.

posted by Avoid foreclosure, We buy houses, Stop foreclosure @ 11:47 PM permanent link   | Post a Comment | 0 comments

Wednesday, April 16, 2008

Real Estate Sites Aid Sellers and Buyers

Liz Crawford will never venture from her couch for anything less than a two bedroom condo with a parking space, washer and dryer. In the same time, she continues her home hunting by scanning the list of Norfolk, Va., houses in her price range that is sent to her automatically from her real estate agent's web site. When she finds something interesting, her agent will get her the full listings and they rarely speak over the phone.

According to Crawford, it is really nice to be able to stay at home and do the searching; she says, "When it comes to searching a home it can be very tedious." These online real estate websites have become an established part, when it comes to home buying process over the past 10 years, but these sites are evolving to offer a wider variety of services, tips, and useful articles; in some cases it brings positive relationships among sellers, buyers and the real estate agents.

posted by Avoid foreclosure, We buy houses, Stop foreclosure @ 5:08 AM permanent link   | Post a Comment | 0 comments

Tuesday, April 8, 2008

Flourishing Charlotte Real Estate

As home prices in certain parts of the country are falling, Charlotte has managed to eke out modest gains when compared to last year. The most watched Standard and Poor's/Case-Shiller home price index released lately showed Charlotte having a 1.8 percent rise in January as the 20-city index fell 10.7$ 5 $7- the steepest decline in the index's two decade history. Local officials and real estate agents cited the strength in the regional economy and Charlotte's history of more modest home price growth during the boom years as reasons the market was holding up now. A real estate broker said, "We are still selling here in Charlotte,"

That's not to say Charlotte, with approximately 1.7 million people in its metropolitan area, isn't feeling the same pressures as the rest of the nation. "You have to try a little harder to sell more of your listings, but homes are selling," said a broker in the city. The Charlotte area is home to 9 Fortune 500 company headquarters, including 2 of the country's 4 largest banks, Wachovia Corp. and Bank of America Corp. More than 14 thousand jobs were created in the Charlotte area last year, compared with about 12 thousand jobs in 2006.

posted by Avoid foreclosure, We buy houses, Stop foreclosure @ 4:49 AM permanent link   | Post a Comment | 0 comments

Wednesday, April 2, 2008

San Francisco Will Show off the Eco-friendly Buildings

The City of San Francisco will soon swank the greenest buildings in USA. The local government last week took a serious step towards agreeing what are perhaps the toughest environmental construction standards in America. Companies and families planning who are planning to build houses and offices might be required to earn green points by introducing water and energy saving measures, if failing they will risk losing their construction permits.

Now construction is not an attractive area of climate policy, but it is one in which huge profits can be made at relatively little cost. For example, existing technologies such as solar water heaters can reduce greenhouse emissions from a building by one-third. Yet authorities regulating the housing booms in places like south-west American and many cities across China have done little to support such measures.

posted by Avoid foreclosure, We buy houses, Stop foreclosure @ 2:33 AM permanent link   | Post a Comment | 0 comments

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