Some great Articles on the current Real Estate Market

Below you will find some fantastic links to some great Real Estate Market Information!

Stay informed and make the most of your property!

Let me know how I can help!

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Million Dollar Home Sales Jump in U.S. as Wealthy Return

Home sales from Los Angeles to Charleston, South Carolina that are priced at more than $1 million are gaining at triple the pace of the broader market, according to real estate research firm DataQuick Inc

http://www.bloomberg.com/news/2013-08-08/million-dollar-home-sales-jump-in-u-s-as-wealthy-return.html

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Seller’s market: home sales and prices rise; supply falls

Home sales percolated higher in July, with pending sales, closed sales and prices all substantially higher than the same month in the previous year in most counties of Washington state

http://www.bizjournals.com/seattle/news/2013/08/06/home-sales-prices-rise-in-puget-sound.html?ana=e_du_pub&s=article_du&ed=2013-08-06&u=mHKDyZWvGoqr5MRJiP2WTp0ZD1t&t=1375828276

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King County median home price up 15 percent over year ago

A bump in interest rates in July didn’t derail the strongest home-buying stretch in the Seattle area since 2007, as the median price climbed year-over-year for the 16th consecutive month

http://seattletimes.com/html/businesstechnology/2021549284_julyhomesalesxml.html

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Forecasters say home values will jump 6.7 percent this year

More than 100 economists, real estate experts, and investment and market strategists predict home values will rise an average 6.7 percent year over year in 2013, according to Zillow’s latest home price expectations survey – See more at:

http://www.inman.com/wire/forecasters-say-home-values-will-jump-6-7-this-year/#sthash.cKtj0HFJ.dpuf

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Highlights of Zillow’s Interview with President Obama

President Obama answers housing questions from Americans around the country in an interview with Zillow CEO Spencer Rascoff.

http://www.whitehouse.gov/photos-and-video/video/2013/08/09/highlights-zillows-interview-president-obama

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NAR: Obama’s Zillow-moderated housing chat ‘not a serious discussion’

The selection of Zillow CEO Spencer Rascoff as the moderator of President Barack Obama’s chat with America about housing today seems to have the National Association of Realtors scrambling to explain how Zillow, and not NAR, got the call from the White House

http://www.inman.com/2013/08/07/nar-obamas-zillow-moderated-housing-chat-not-a-serious-discussion/#sthash.rUzZLulJ.dpuf

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Obama Looks to End Fannie Mae, Freddie Mac

President Barack Obama on Tuesday officially launched his campaign to transfer most of the risk currently undertaken by Fannie Mae and Freddie Mac to the private sector, saying during a speech in Arizona that the U.S. government should phase out the mortgage finance giants as part of an effort to prevent another taxpayer-funded bailout

http://www.law.com/jsp/nj/PubArticleNJ.jsp?id=1202614112285&Obama_Looks_to_End_Fannie_Mae_Freddie_Mac#ixzz2bUuqAB7h

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Fannie Mae Makes It Rain for Obama

Fannie Mae (FNMA) said this morning that its second-quarter profit nearly doubled, to $10.1 billion, as home prices surged and more consumers made good on their mortgage payments

http://www.businessweek.com/articles/2013-08-08/fannie-mae-makes-it-rain-for-obama

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Oregon home prices keep going up and up and up

Oregon ranked No. 6 in the nation for rising home prices in June

http://www.bizjournals.com/portland/blog/real-estate-daily/2013/08/oregon-home-prices-keep-going-up-and.html

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Hip, Urban, Middle-Aged

Baby boomers are moving into trendy urban neighborhoods, but young residents aren’t always thrilled

http://online.wsj.com/article/SB10001424127887324136204578644080452044960.html

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Should Home Sellers Overprice or Underprice Real-Estate Listings?

“The Price Is Right” isn’t just a game show. It is a mental strategy real-estate agents use to get the most money when listing a home.

http://online.wsj.com/article/SB10001424127887324136204578643942655355194.html?mod=WSJ_3Up_RealEstate

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When Condo Developers Suggest Preferred Lenders

Some condo developers and owners are playing favorites, asking potential buyers to use a “preferred” lender when buying a home

http://online.wsj.com/article/SB10001424127887324136204578642082895473800.html?mod=WSJ_RealEstate_MansionWeekly

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Eminent Domain Abuse

Robert Hockett of Cornell University Law on the Kudkow Report

http://blogs.wsj.com/developments/2013/08/08/mortgage-delinquencies-hit-five-year-low/

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Freddie Mac may sue over eminent domain seizures

Freddie Mac on Wednesday said it is considering legal action against Richmond, Calif, if the city uses eminent domain to seize mortgages of local residents

http://www.cnbc.com/id/100946560

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Frank Sinatra’s party pad

Back in his heyday, ‘Ol’ Blue Eyes’ leased this mid-century modern estate perched high above Los Angeles

http://money.cnn.com/video/pf/2013/07/18/pf-uh-frank-sinatra-party-pad.cnnmoney/index.html

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California city’s drastic foreclosure remedy: Seizure

The California city of Richmond said Tuesday that it’s ready to take an extraordinary step in its bid to stop foreclosures — threatening to wrest mortgages from the investors who now control them

http://money.cnn.com/2013/07/30/real_estate/richmond-underwater-homes/index.html

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Million-dollar ranches for sale

Located on hundreds of acres in some of the most scenic parts of the U.S., these ranches are selling for millions of dollars

http://money.cnn.com/gallery/real_estate/2013/07/18/million-dollar-ranches/index.html

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Oh, yeaaahh: Iconic house from ‘Ferris Bueller’s Day Off’ for sale

Remember this house? Cameron Frye, Ferris Bueller’s best friend in the cult classic Ferris Bueller’s Day Off, kicks a car through those windows. The listing is held by Meladee Hughes of Coldwell Banker Residential Brokerage

http://www.nbcnews.com/business/oh-yeaaahh-iconic-house-ferris-buellers-day-sale-6C10869250

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Mortgage rate spike finally hits housing

A sharp jump in mortgage rates from May to June are now beginning to weigh on the housing recovery

http://www.cnbc.com/id/100952350

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Million-dollar ranches for sale

Located on hundreds of acres in some of the most scenic parts of the U.S., these ranches are selling for millions of dollars

http://money.cnn.com/gallery/real_estate/2013/07/18/million-dollar-ranches/index.html

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Banks face more housing headaches

CNBC’s Jackie DeAngelis has the latest details on federal regulations taking aim at JPMorgan and PNC over mortgage related issues

http://video.cnbc.com/gallery/?play=1&video=3000189235

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Bathtubs That Make a Splash

A new wave of bath designs, from the high-tech to the artistic

http://online.wsj.com/article/SB10001424127887324136204578641872218710886.html?mod=WSJ_RealEstate_Mansion_MiddleBucket

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Home prices post highest annual gain in 7.5 years Aug 8, 2013

U.S. median home prices posted their highest annual gain in 7 1/2 years in the second quarter of 2013 –

http://www.inman.com/wire/71941/

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Home prices trending at fastest upward pace since 1977

U.S. home prices rose for the 16th consecutive month in June and are trending at the fastest upward pace since 1977 –

http://www.inman.com/wire/home-prices-trending-at-fastest-upward-pace-since-1977/#sthash.3fcR2iGB.dpuf

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Here’s Where President Obama Is Going on Vacation

Julianna Goldman reports on President Obama’s $7.6 million Martha’s Vineyard vacation home. She speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg

http://www.bloomberg.com/video/here-s-where-president-obama-is-going-on-vacation-8pYDSHPpQu~WNH_RwY0KyQ.html

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Summer Rentals for Procrastinators

$295,000 for August including Labor Day, or $150,000 for two weeks in August

Southampton, N.Y.

http://online.wsj.com/article/SB10001424127887323968704578649952812235728.html?mod=WSJ_hps_sections_realestate_mansion

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