Posts Tagged ‘Business and Economy’

Banks send mixed messages on mortgage deal

San Diego Union-Tribune

Some borrowers are getting mixed and murky messages from their lenders on whether they qualify for benefits through a $25 billion mortgage settlement that may soon become official in 49 states.
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http://www.utsandiego.com/news/2012/feb/20/customers-get-mixed-signals-banks-25b-mortgage-dea/

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American dream homes turn green

Yahoo! Real Estate

Despite historic problems plaguing the U.S. housing market, a new Yahoo! Real Estate survey indicates that owning a home is still a major part of the American dream.

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http://realestate.yahoo.com/promo/yahoo-study-american-dream-homes-turn-green.html

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Foreign buyers scooping up U.S. homes

International purchases of America homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage globe-trotting investors to buy even more.

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http://money.cnn.com/2011/10/21/real_estate/buying_us_homes/index.htm?iid=HP_LN

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Realty World Platinum- GRAND OPENING in Placerville

Realty World Platinum has secured a permanent office location in Placerville next to The Paint Spot.  We will officially open our office doors on November 1st, 2011.  The office is located at 1301 Broadway, Placerville, CA 95667.

For more information about Realty World Platinum visit www.RWPlatinum.com and www.RWPLCareers.com.  For a confidential meeting call us (888) 408-9591.

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New home sales fall in July 2011

Sales of new homes fell to a seasonally adjusted annual rate of 298,000 units, according to figures by the Commerce Dept.  That’s less than half the 700,000 that economists say represent a healthy market.  If the current pace continues, 2011 would be the worst year for new-home sales in nearly half a century.
The median sales price of new houses sold in July 2011 was $222,000; the average sales price was $272,300. The seasonally adjusted estimate of new houses for sale at the end of July was 165,000. This represents a supply of 6.6 months at the current sales rate.
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