Perhaps the most bullish indicator for U.S. housing is Warren Buffett. The legendary investor has been buying up real-estate brokerages around the country as he bets on a housing turnaround. Now, he is partnering with Brookfield Asset Management, a Canadian real-estate investor, to more than double the size of his brokerage business. Berkshire’s HomeServices of [...]
Welcome Relief: September Foreclosures Were at Lowest Level in 5 Years – Video
October 11, 2012 | Posted by
The wave of foreclosures hitting the nation’s housing market has been much less severe than anticipated, with foreclosure filings at their lowest level in five years last month, according to a report out Thursday. Foreclosure filings — including default notices, scheduled auctions and bank repossessions — were reported on 180,427 properties in September, a 7% [...]
Low-End Housing Prices Rise in Many Markets
September 26, 2012 | Posted by
The housing market continues to gather strength, and the biggest gains in price now appear to be among the least expensive homes, whose values fell the most in the downturn and have weighed against any would-be recovery. Over all, the Standard & Poor’s Case-Shiller index showed an annual gain of 1.2 percent in the price [...]
Econonists Say Atlanta Showing Signs of Job Recovery, but Home Prices Still Lag
May 23, 2012 | Posted by
The good news for job seekers in metro Atlanta and Georgia in the second half of 2012 and 2013: more positions will be added than lost over the next 36 months, economists say. The bad news: home values — which have yet to show they have hit bottom — will continue to struggle and that [...]
Blacks and Hispanics Tend to Pay 3% More for Homes Than Whites
May 18, 2012 | Posted by
Black and Hispanics tend to pay more for housing, men more for insurance and women more for pretty much everything else reports Time Magazine. Is there a “woman tax”? By some account, women pay over $1,300 more annually than men for everything from deodorant to sneakers to health care. They’re not the only group that [...]
