Marianne Aguilar, 48, pictured Aug. 27, 2008, holds empty jewelry boxes after she and her husband were robbed while their realtor held an open house allowing potential buyers to tour their Avoca Avenue home.
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Jewelry, items taken during showings of homes
A proposal that would trade property tax cuts for increases in other taxes is off Florida’s Nov.
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Judge removes tax swap from Fla. ballot
The 12-year-old twin daughters of a Huntsville real estate agent were attacked in New Jersey.
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12-year-old Valley twin dies from brutal attack
BOCA RATON, FL: Bluegreen Corporation or the Company), a leading provider of Colorful Places to Live and Play , announced that today, July 21, 2008, it has signed a non-binding letter of intent relating to the …
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Bluegreen Corporation Signs Non-Binding Letter of Intent to Sell
Authorities say a man is in custody after shooting a real estate agent in the head at a Muskegon-area office.
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Man shot at Muskegon-area real estate office
‘ Interest groups and politicians are choosing up sides for a multimillion-dollar campaign over a November ballot issue that’ll put billions of dollars in taxes up for grabs.
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Business interests line up against tax swap
Lenders across the nation are suspending withdrawals from equity lines of credit. The process usually begins with a letter or a phone call, after which the borrower can no longer make withdrawals on their remaining HELOC balance.
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Grab Your HELOC Before the Freeze
Royal Bank of Scotland Group Plc , the U.K.’s second-biggest lender, is eliminating about 200 jobs at its corporate-banking unit because of the credit crisis.
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RBS Cuts 200 Corporate-Banking Jobs As Credit Turmoil Goes International
New homes and homes for sale could be required to have carbon monoxide detectors. via ClipSyndicate
Carbon Monoxide Detectors May Be Required In New Homes
“My concern is that stingier lending standards are leading to more deals falling apart.”
An industry group said Tuesday that pending U.S. home sales fell in February to the lowest reading since the index began, signaling the housing market distress is not yet over.
The National Association of Realtors’ seasonally adjusted index of pending sales for existing homes fell to 84.6 from January’s upwardly revised reading of 86.2. The index stood at 107.6 in February 2007.
Wall Street economists surveyed by Thomson/IFR had predicted the index would inch up to a reading of 86.3. Read more
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Pending Home Sales Hit Record Low In Feb.
“Where it makes a difference is in a company’s perception of a state”
Oklahoma lawmakers, no strangers to making headlines, have been in the news a lot in recent months with legislation targeting illegal immigrants, making English the state’s official language and authorizing some college students to carry concealed weapons in classrooms.
Their policy debates and comments have made news so frequently that some in government and business are starting to worry about the state’s national and global image, especially after the worldwide negative reaction to Rep. Sally Kern’s anti-gay remarks in which she said the gay agenda was a bigger threat to the U.S. than terrorism. Read more
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Oklahoma policy debates help mold state’s global image
A new report confirms what real estate agents have long known: Sales of vacation homes in Florida and across the country have plunged. via WTLV
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Sales of Vacation Homes Down 31 Percent Nationally
Economists in Santa Barbara say California can expect a mild recession this year.
The University of California, Santa Barbara, researchers say the collapsing real estate market, rising unemployment and declining retail sales are driving the downturn.
The UCSB Economic Forecast Project’s 2008 economic outlook predicts California’s economy will be hit harder than the nations as a whole, which will barely avoid a recession this year.
Project executive director Bill Watkins says the California recession will be mild. Read more
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UCSB economists say California headed for recession
“Anything that people can defer, like a vacation or buying a new car, tends to suffer”
Hospitals, schools and the assembly line at an airplane factory look like pretty good places to be with a recession looming and unemployment rising. Construction workers, real estate agents and auto workers aren’t expected to fare as well.
The startling news that the economy lost 80,000 jobs last month and nearly a quarter-million over the last three months is the starkest signal yet that the country has probably fallen into a recession, with things on the job front expected to get worse.
‘All the indicators suggest that we will see even larger job declines in coming months. Businesses are getting nervous and pulling back,’ said Mark Zandi, chief economist at Moody’s Economy.com. Read more
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Job Winners and Losers in Hard Times
“If a property is priced right, it sells in a day and you have multiple offers. There are plenty of buyers out there kicking around.”
While home prices in much of the rest of the nation are falling, Charlotte managed to eke out modest gains compared with a year earlier. via Press-Telegram
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Charlotte a real estate rarity
