by LRA Real Estate Group | Apr 5, 2011
courtesy of the Wall Street Journal By A.D. PRUITT The amount of occupied office space in the U.S. continued to inch higher during the first quarter of 2011 as businesses slowly began to expand. Average effective rents, which include such benefits as free rent and...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb The commercial and multifamily markets are healing, the Mortgage Bankers Association (MBA) reports in its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. Improved property fundamentals, modest...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb The number of foreclosures completed by the nation’s largest bank and thrift mortgage servicers fell by nearly 50% to 95,067 in the fourth quarter of 2010, according to a report released this week by the Office of the Comptroller of the...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb Twenty-two percent of people with mortgages are having trouble making their payments, a new Harris Interactive poll finds. That number includes 7% who are having “a great deal of difficulty.” Twenty-one percent those with mortgages...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb A record-high portion of investor and all-cash purchases lifted Phoenix-area February home sales to a four-year high for that month, DataQuick Information Systems reports. At the same time, foreclosures rose sharply, increasing by 17.5% from...
by LRA Real Estate Group | Feb 26, 2011
by Lisa Gibbs, Money Magazine Saturday, February 26, 2011 via Yahoo Finance When there was easy money to be made in real estate and stocks, mortgage debt seemed like nothing to fear. Now an increasing number of homeowners are wondering if it makes sense to hasten the...
by LRA Real Estate Group | Feb 26, 2011
By JUNE FLETCHER The Wall Street Journal FEBRUARY 18, 2011 Q. My mother died recently and I am her only heir. She didn’t have very much money—barely enough to pay for the funeral—but she did have a modest house that was paid up. Given the poor real estate...
by LRA Real Estate Group | Feb 26, 2011
BY JUNE FLETCHER The Wall Street Journal FEBRUARY 25, 2011 Q. My house is more than 20 years old. I want to remodel my master bathroom and am wondering how I should pay for it. I figure it will cost about $30,000. With interest rates going up, what’s the best...
by LRA Real Estate Group | Feb 26, 2011
By JULIET CHUNG Wall Street Journal Real-Estate Resorts Pitch Cabins, Cottages as ‘Affordable Housing for the Affluent’ Juliet Chung discusses developers of high-end vacation homes, which are building smaller, less expensive houses in resort communities as...
by LRA Real Estate Group | Feb 26, 2011
Courtesy of the Wall Street Journal The national housing market still seems shaky, but what about your area? The following yardsticks can help you gauge whether your neighborhood is poised for a comeback. Jobs. Some parts of the country were less affected by the...
