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Archive for the 'real estate news' category


Real Estate Gossip Report

The Real Estate Gossip Gosselin Report.
The property, which was the setting for the start of the “Jon & Kate Plus 8″ reality TV series, was originally listed for sale back in March of 2009 for $325,000. After 10 months, one price reduction, a lien, and a much-publicized divorce, the home finally sold for $258,000 [...]



I want to be on a real estate TV show!

I have to admit that I’m one of those people who watch reality television. Lately, I’ve been watching the Bravo TV series “Million Dollar Listing”.
The show follows three young, stylish and incredibly self-centered real estate agents who make hefty commissions listing and selling mansions in Beverly Hills, Malibu and all sorts of other ritzy parts [...]



Economy is improving

Good morning, and have I got news for you on this last Thursday of October.
The American economy grew last quarter. It really did. The Commerce Department reports that gross domestic product — the sum of all goods and services — expanded from July to September at an annual rate of 3.5 percent. The new GDP [...]



It’s Jon and Kate plus unwanted real estate

Reality TV’s tempestuous screwlyweds, the Gosselins, who are in the process of unloading each other, are struggling to sell their first home, a 5-bedroom, 2 1/2-bath property in Elizabethtown, Pa.
The house, which has been on the market since early this year, has had its original asking price of $325,000 drop to $299,000. The Gosselins paid [...]



Houses You Can Buy For Practically Nothing

Realtor.com just came up with a list of houses you can buy for $8,000. That’s right–the government is basically paying you to take them—if you’re a first time homebuyer. The site says there are about 200 such listing nationwide, of the four million the site tracks.
Note: Such properties will likely need work. And closing costs [...]



Please don’t take my Lego house away

Here’s a story about a Lego house that was built for a BBC show called “Toy Stories”. It ws just demolished. Read More
View the Lego House



“Cash for Clunkers” & “Teaser Rate Mortgages”

Does anyone see the eerie similarities between “cash for clunkers” and “teaser home loans”?
Marguerite Quantaine wrote a letter to the editor of The Wall Street Journal, here is portion of what she wrote:
“With America still reeling from the collapse of the housing market brought on by teaser loans promising people homes they couldn’t afford, the [...]




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