So How Dumb Is It To Own a House If Almost One-Third of all US Home Sales are Distressed Properties?
Looking at the U.S. housing market, sales of bank-owned properties accounted for 28% of all U.S. residential sales in quarter one of 2011. That’s worse than last year by one percentage point, and up from 27% in the fourth quarter. This from RealtyTrac in its 1Q 2011 survey. The California-based foreclosure data firm says the…
Read MoreMama’s got the scoopola on the Aikman estate and even unearthed some things I had no idea of! God, “she’s” good. Like didjaknow: “Mister and Missus Aikman acquired the first parcel of their two-lot compound in April of 2004. A few minutes research did not turn up a sale price but public records Your Mama…
Read MoreThere’s no such thing as sexual discrimination in male-oriented businesses, right? Kathrine Farris was 26 years old in 1997 when she began working for a Toronto commercial real estate company that entered into a licensing agreement with The Staubach Company. Name sound familiar? It’s the Dallas-based real estate firm founded by former NFL star quarterback…
Read MoreWe might as well just call this “Troy Week” here on Second Shelters. Mother Nature finally cooperated long enough for Allie Beth Allman to get some photos up on her website of this fabulous home. After reading her description, I learned something new:there are only five homesites on the Aikman block: “A rare reality is…
Read MoreDear Tax Doctor: What are the typical arguments that the city makes for raising the value of the improvement when there have been no upgrades to the property since the previous evaluation? Also, what are the best counters to the city arguments other than comps. Thank you. Christopher McGuire, Vice President, Briggs Freeman | Sotheby’s…
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