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Barbara Corcoran’s Real Estate Morality Play – SYS-CON Media (press release)
FreeRateUpdate.com Barbara Corcoran's Real Estate Morality Play SYS-CON Media (press release) Florida Real Estate on Ulitzer- I remember seeing this woman, Barbara Corcoran, on TV walking inside a house with a fortune teller, … This is the wrong time to buy real estate Destin Log Florida Real Estate : The 2009 Numbers Are In For Southwest Florida Real Estate … FreeRateUpdate.com It only gets worse this year for commercial real estate MiamiHerald.com Wealth Daily
Jones Lang LaSalle Inc. Q3 2009 Earnings Call Transcript – Seeking Alpha (blog)
Environmental Leader Jones Lang LaSalle Inc. Q3 2009 Earnings Call Transcript Seeking Alpha (blog) Before Lauralee reviews the numbers in greater detail let's look at the current economic and real estate environment. The global economy is now in recovery …
Ira Rennert Mansion is Largest Home in the U.S.
Many complain that McMansions are unreasonably large for a single-family home, but McMansions have nothing on what is reportedly the largest home in the U.S . Located in Sagaponack, NY , this massive waterfront compound was built on 63 acres. Construction began in 1998 and was completed in 2003, but not without an outcry from the local community , many of whom believed it would be used as a hotel, business retreat or religious center. Not so
East Texas real estate market rising … – Lufkin Daily News
Globe and Mail East Texas real estate market rising slightly Lufkin Daily News But here in East Texas, real estate professionals say we are sitting in a good situation, although the numbers are moving slowly. … Focus Turns To Home Prices, Consumer Confidence Forbes Home prices gain after surge in sale The Money Times Home sales and prices are going up HULIQ Inland Valley Daily Bulletin
Homeowners More Optimistic About the Future Than Any Time in Past Year
Four times a year, we field a survey with Harris Interactive to get a pulse on how homeowners perceive the value of their own homes and their local real estate market. Our quest – to find out how realistic homeowners are about their own homes’ values, and how optimistic (or not) they are about the coming six months. It’s a fascinating trip into the psyche of owning a home in the midst of the greatest housing recession of our generation. Are we realistic? Are we in denial? We’ve seen it all in the past year, and this quarter’s results are telling of a group that largely “gets it” about the bad news, but just wants things to get better. By the numbers, here’s what we found: Similar to Q1, most homeowners acknowledge that their own home’s value has declined over the past year: • 22% think their home’s value has increased • 19% think their home’s value has stayed the same • 60% think their home’s value has decreased But – 83% of U.S. homes declined in value over the past year , according to analysis of Zillow’s Q2 Real Estate Market Reports – up from 80% in Q1 . With more homes losing value, the “misperception gap” between homeowner perception and reality grew to a Home Value Misperception Index of 13, up from 6 in the first quarter, and up from 11 in Q4 2008 . An index of zero would mean homeowners’ perceptions were in line with actual values. Along with growing misperception is a growing optimism that home values will not continue their declines in the coming six months. For three quarters in a row, homeowners have effectively called a bottom, with the majority thinking their home’s value will not decline any further . This quarter, the number of “optimists” was our largest yet: • 34% think their home’s value will increase • 47% think their home’s value will stay the same • 19% of homeowners think their home’s value will decrease The most optimistic bunch are homeowners in the South and Northeast, where fewer markets experienced a “bubble,” and where home value declines haven’t been as precipitous as many major cities in the West.
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