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 Wednesday, August 23 2017 @ 08:13 AM CEST

Existing Home Sales on The Verge of a 2 year Low

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Alabama Real EstateA trade group reported yesterday, sales of existing homes dropped to their lowest level in nearly two years in January, and the number of unsold homes on the market rose. A survey showed a surprising dip in consumer expectations, and the Commerce Department revised upward measures of economic growth and inflation in the fourth quarter, also reported yesterday.
 
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First Time Home Buyers, has Low-Income Loans as an Option

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Alabama Real EstateJane Fairchild couldn't imagine how she'd ever own a home, A high school social worker and single mom earning $46,000 a year. Fairchild had no idea about the numerous programs available to help potential home buyers in her salary range, like many lower- to middle-income earners.
 
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Trailer Park Homes Faces Tough Real Estate Limits

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Alabama Real EstateIn a report, a woman named Jennifer Schneidt was already having trouble making ends meet when she and her children were evicted three weeks ago for illegally subleasing her cousin's manufactured home in Warren. Since then, the 20-year-old and her three kids have been living with that cousin in Hazel Park, but the one-bedroom house is hardly an ideal living situation.
 
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U.S. New Home Real Estate Fell 5% in January

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Alabama Real EstateThe first sign housing in 2006 may lose its luster after five record years, new-home sales in the U.S. fell to the lowest level in a year in January and the number of properties on the market was the most ever.
 
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Slowing Real Estate Housing Boom Obvious Through Data

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Alabama Real EstateProviding further evidence that the nation's five-year housing boom is slowing, sales of new homes fell for the second time in three months in January. The Commerce Department reported Monday that sales of new single-family homes dropped by 5 percent to a seasonally adjusted annual rate of 1.233 million units last month.
 
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Life After Real Estate Frenzy, No Mass Layoffs

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Alabama Real EstateThe decline, or stabilization, of activity may soon affect the market in another way and it's called downsizing. Entering 2006, the real estate market has been stabilizing, meaning that sales activity has slowed due largely to rising mortgage rates.
 
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Fraud Charlotte-Based Real Estate Broker Pleaded Guilty

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Alabama Real EstateRecords show Theresa Lewis told buyers they didn't need down payments, that mortgages would be covered by rental payments and the properties could be re-sold at a profit, as former real estate broker accused of persuading buyers to buy foreclosed properties financed with fraudulent loans is facing prison time, reports said.
 
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Real Estate Mogul Donald Trump Clashes with Martha Stewart

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Alabama Real EstateThe two pop-culture icons spent much of Tuesday in a back and forth tempest over "The Apprentice," the bleat goes on in the rekindled Donald Trump-Martha Stewart battle.
 
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Real Estate Investment Drew Young Entrepreneurs

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Alabama Real EstateReal estate is now being appealing to young people who are in their 20's, while some are spending their time with other activities, some of them are trying to make a business out of real estate.
 
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Symposium of Real Estate and Timeline Announced

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Alabama Real EstateThe event is co-hosted by RCI's parent company, Cendant Vacation Network Group, and specialist industry consultants, Ragatz Consulting, under the theme of New Horizons in shared ownership. The event aims to attract a high profile audience of business investors, real estate developers and specialists from the industry. On April 29, set for Dubai's Burj Al Arab Hotel 28.
 
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