Category: Residential
Luxury Real Estate booms in San Antonio Texas
Thanks to wealthy Mexicans and Eagle Ford Shale millionaires helping drive the market for expensive homes, luxury real estate in San Antonio appears to be outperforming the rest of the housing market. Custom builders are starting more million-dollar spec homes, those built on speculation before a buyer is in hand. And even within luxury neighborhoods, [...]
Freddie Mac’s Loan Review Process Criticized In a New Report
Things are not looking good for Freddie Mac as a new report says that the federal government’s mortgage finance regulatory agency did a poor job of making sure taxpayers got top dollar in selling $2.87 billion in bad mortgages back to Bank of America last year. The report focused on the role of the Federal [...]
Seattle Real Estate Prices Dropped 6.4% So Far in 2011
Home prices in Seattle increased 0.7 percent from May to June, but that was less than the national average of a 1.1 percent increase. The monthly Standard & Poor’s Case Shiller Home Price Indices survey indicated that out of the 20 largest U.S. markets, 19 saw increases from May to June. (Portland was flat.) For [...]
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