Homes And Condos

Homebuyers that pay lower mortgage down payments tend to default more than those who pay higher down payments.

If an agent deals in ranch land, he or she is probably going to understand the needs of buyers and sellers with horses, whereas the agent who deals primarily with small, heavily wooded tracts that appeal mostly to residents who desire maximum privacy may not be the right choice to list or recommend a ranch for horses.

Existing Home Sales Drop For 8th Time In 9 Months

Sales of existing homes fell for the eighth time in the past nine months, with the backlog of unsold single-family homes rising to the highest level in more than two decades.

The National Association of Realtors said Friday that single-family home sales dropped by 1 percent to 4.89 million units, matching the all-time low set in January. These records go back to 1999.

The median price for an existing home dropped 8.5 percent, compared to a year ago, to $200,700. Analysts predicted further price declines given the huge backlog of unsold homes, which rose in June to 10.7 months supply at the current sales pace, the highest inventory level since June 1985.

Cushman and Wakefield Finds Cushman and Wakefield’s New World Headquarters

Brokerage giant Cushman & Wakefield will relocate its headquarters to an enormous new space on Sixth Avenue.

Washington Real Estate Investment Trust plans secondary offering

Washington Business Journal - by Jeff Clabaugh Staff Reporter Washington Real Estate Investment Trust will sell more stock to the public and use the proceeds to pay down debt.

Developer Offers 2 Homes For The Price Of 1

Developers are trying just about anything to sell homes. One is offering two homes for the price of one.

Home Sales Still Plummeting, But A Little Slower

Area home sales are still dropping, but not as much they have in months past, according to data released today by the Florida Association of Realtors.

Group planning bid for skyscrapers

BOSTON Properties Inc, Goldman Sachs Group Inc and Middle Eastern investors are in talks to buy the General Motors Building and other New York skyscrapers from developer Harry Macklowe, according to insiders.

Bonds rebound as home sales drop

Treasury prices climbed Friday after a report that existing home sales fell again in April ignited more worries about the economy and sent investors in search of a safe haven.

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