(Houses for rent connecticut) Newspapers Losing Real Estate Ads to Online
Newspapers Losing Real Estate Ads to Online
It’s bad enough that a cratering housing market is leading to a slump in real estate advertising at newspapers, as a dreary series of earnings reports showed this week. What’s worse is that a lot of that advertising may never come back to newspapers even if the real estate sector recovers. That’s because a significant chunk of those advertising dollars are moving - you guessed, online. via WJXX
Real estate appraisal means determining a piece of property’s monetary equivalent based on its highest and best use value.
California Foreclosures Hit Record High
A sagging real estate market and tighter lending standards are exacting a growing toll on Californians, forcing them from their homes in record numbers, figures released Tuesday show. via Professional Builder
As the housing market softens, a combination of consumer naivete and aggressive lending means owners with subprime loans are increasingly getting sucked down a financial black hole… via San Francisco Chronicle
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