Truck Sales Fall Off With Housing Slowdown

A great example of the law of unintended consequences, truck sales are down 14 percent as the housing slowdown has affected builders and homeowners who would use equity to buy a vehicle. The builders and construction workers are cutting back on expenditures as new construction looks to slow in the near term. That is affecting [...]

Washington Riverfront To Be Transformed

It looks like the major players in Washington and Baltimore development are going to redevelop a strategic part of the waterfront that was a sign of 60’s urban renewal gone bad. There were 17 teams competing for this project, with the team representing PN Hoffman of the District and Baltimore’s Struever Bros. Eccles & Rouse winning.

A [...]

As Market Slows, Smart Real Estate Agents Embrace Technology

In the past few years, agents on the coasts really have not needed to invest in themselves and their tools. As long as they were good bird dogs, finding listings or buyers, these agents did not need to stay on top of the tools of the trade to make a fantastic living.
Now with the [...]

Mortgage Fraud Scam Sucks In 100 Virginian’s

Approximately 100 average folks from Virginia were tricked into letting con artists involve them in a scam to defraud mortgage companies. Under the guise of an investment group, the Virginian families thought they were investing in homes in Indiana as part of a group. Instead the con artists sold the homes at inflated prices to these [...]

California Real Estate Market Will Not Lead State Into Recession

According to state economists, the real estate slowdown is not going to be a cause of recession in the state. Those that feel the housing industry is the primary catalyst in economic development in California will have to live with the fact that as real estate prices find their equillibrium after the intense run up over [...]