Real Estate Market News
I have this theory about red-brick, Ivy League-looking houses: they make you smarter. We really should do an IQ test of children raised in red-brick Georgians with ivy-covered brick: my bet is they would have higher TAG scores and better SATs than kids reared in ranches or mid-century moderns. For one thing, the clean-lined life…
Read MoreWhat happens when you find your dream home, remodel it into your perfect home, and then something happens and you have to move?
It’s a huge struggle, says Duane Dankesreiter.
He and his wife own that gorgeous updated Tudor in Wilshire Heights we featured for our Friday Four Hundred last week. They still love the house (who wouldn’t!?) and are heartbroken about putting it on the market. But, family calls from the suburbs, and they are trying to sell the house they thought they’d stay in forever.
Read on for more …
Read MoreFor decades, it was a pat answer. If the borrower’s home mortgage application had a little ugly around the edges, push them toward an FHA loan. That’s because FHA loans would accept all of the hard cases that made conventional mortgage lenders turn up their noses. From wee down-payments and less-than-pretty credit to iffy…
Read MoreOver on SecondShelters.com, our Miami correspondent, Andrea Kavanagh tells us the South Florida market is sizzling — just what I heard at NAREE. It’s from foreigner’s buying up Miami real estate with hard, cold cash. Speaking of cash, Versace said “money was not just no object, it was irrelevant” when he built his waterside mansion…
Read MoreAccording to giant Moving.com, an online source for moving-related services, millennials love Dallas. Like, a whole lot. Seems that with the job market so tight and everything pretty sucky once they graduate from college, millennials are shunning NYC and the We$t Coa$t for cities with job growth and affordable housing. And guess what, we have…
Read More