Recent Posts

December 2013 Home Sales Drop Sharply

Home For Sale Real Estate Sign in Front of Beautiful New House.

Housing sales dropped 7 percent nationwide as demand for homes declined significantly. That is the bad news, but there is good news. Housing prices did rise 4.6 percent compared to December, 2012. So what happened. The reduction in foreclosure inventory and overall inventory has created a bit more scarcity in the marketplace. Odds are the low hanging fruit that the ... Read More »

Rick Ross Buying Evander Holyfield’s Foreclosed Atlanta Mansion

Rapper Rick Ross buying Holyfield Mansion

The word is out, Rick Ross is buying Evander Holyfield’s Fairburn, Georgia 107 room former mansion from the bank. The home failed to sell in a foreclosure auction held this past November, but it looks like rapper Rick Ross has decided to buy the compound for close to the 6.75 million dollar asking price. Holyfield originally paid nearly 100 million ... Read More »

Chinese Plan 10 Billion in Worldwide Real Estate Purchases in 2014

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Chinese real estate investors are scouring the globe looking for real estate deals to protect their nest eggs according to an article at the Wall Street Journal. With the risk of credit issues in China, prudent investors are looking for safe places to park their money overseas, and quality real estate seems to be a favorite. The majority of the ... Read More »

The Top 10 Most Unaffordable Cities in the United States

CaliforniaLeaving2

When we look at housing prices we are really talking about affordable living. If wages are extremely high in your community, expensive housing prices are not that much of a burden. It is why Washington D.C. is not on the list. Reading the latest Demographia International Affordability Survey, and if you are a real estate numbers geek it is absolutely ... Read More »

Top 10 Largest Home Builders In United States

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Updated Again with 2012 Numbers:  The annual list of home builders is out again with the 2012 numbers, and the surprise entry this year was Habitat for Humanity coming in at the #10 position, down significantly from the previous year. D.R. Horton –  19,954 Homes Built in 2012 PulteGroup –  16,505 Homes Built in 2012 Lennar Corp  –  13,802 Homes Built ... Read More »