Tired or reading or looking at spreadsheets? Here’s some more video footage from our rising television star Spencer Rascoff as he unpacks Zillow’s Q2 Real Estate Market Reports and offers up advice to buyers and sellers.
Tips for Buyers and Sellers
Continued here:
Video Footage of Zillow’s Q2 Real Estate Market Reports
Apparently, a family of bobcats have moved into a foreclosed home in the Tuscany Hills neighborhood of Lake Elsinore, CA, recently.
According to the LA Times:
Someone called 911, reporting mountain lions. Four police cruisers showed up, and officers ordered everyone inside. But soon they were out snapping photos along with the neighbors.
Add it to the list of just another weird foreclosure story.
View post:
Bobcats Move into Foreclosed Home
Evander Holyfield was prominently mentioned as part of a recent celebrity foreclosure blog post, which listed the latest, greatest celebrities to be at risk of foreclosure. It looks like Evander, in true heavyweight boxing fashion, ducked the threat of losing his sprawling Fayetteville, GA, mansion to a July 1 auction date when he came up with the money for child support and, evidently, a mortgage payment.
According to the Atlanta Journal-Constitution:
Holyfield’s financial problems came to light when a legal notice in a small suburban newspaper said his 54,000-square-foot home — which has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley — would be auctioned off because he had defaulted on a $10 million loan.
But the lender, Washington Mutual Bank, pulled the home from its auction list after an apparent settlement was reached. The bank said it was barred by privacy laws from commenting on Holyfield’s case.
What? No boxing ring in the house?
Source:
Evander Holyfield Ducks Foreclosure Punch.. for Now
Coffee giant Starbucks was admired for its real estate acumen for installing stores in prime locations throughout the globe. The Starbucks brand and the demographic that it attracts is so revered that to have a Starbucks store in a neighborhood, means area homes prices go up in value. So, with 600 Starbucks stores closing in the next year, homeowners can only hope and pray that their area Starbucks won’t be among the 600.
Starbucks’ biggest mistake was to place their stores too close to one another — some within a mile of each other and the other trouble spot brokers and analysts point to is the housing crisis. Many of the newer Starbucks stores were built in areas of expected population growth that never took off. In this case, Starbucks was ready for takeoff, but the real estate market didn’t follow.
Go here to see the original:
Starbucks Effect: Will Closings Hurt Home Values?
