Recent News
ALERT! Freddie Mac Changes Investment Property Guidelines
Freddie Mac released on April 22, 2008 that they are revising requirements for INVESTMENT PROPERTY MORTGAGES beginning August 1st, 2008. Individuals must NOT EXCEED *FOUR* investment properties to obtain financing...
The housing crisis is over
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market.
Rental market stays afloat amid housing turmoil
As the credit crunch deepens, mortgage defaults climb and the housing market turmoil shows no signs of letting up, rental apartment building owners are smiling.
Atlanta Journal Constitution: OUR OPINIONS: ATL spared worst of home crisis
But compared with the nation as a whole, things don't look quite as dire in Atlanta and the South, at least by one measure reported recently.
Slight U.S. Real Estate Recovery Forecasted By Second Half Of 2008, 4/24/08 AHN
Washington, DC (AHN) - Despite the general gloomy outlook across the American real estate industry, indicators point to a slight recovery in the coming months.
What goes up, must come down, 4/24/08 FOX
U.S. median home prices have climbed steadily upward each decade for at least the last 40 years...
Home Prices Drop Most in Areas with Long Commute 4/21/08, NPR
The [neighborhoods] with short commutes are faring better than places with long drives into the city. Some analysts see a pause in what has long been inexorable — urban sprawl.
Sunny Side of the Street 4/16/08, WSJ
America's wealthy see buying opportunities in sluggish real-estate market
Magic Johnson Raised $1B for Co-founded Urban Investment
At a time when many sources of financing for real estate projects are drying up, a fund co-founded by former Lakers guard Earvin "Magic" Johnson has banked $1 billion for commercial developments in urban neighborhoods.
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