Saturday, March 27, 2010

A Good Time to Buy? Yes, But No Need to Rush - Wall Street Journal
Today’s look at the high-end housing market reveals how more sellers are beginning to get more realistic about home prices and cut deals on million-dollar homes. Many housing economists say that for borrowers who can get a mortgage and who have

Unoccupied homes and incomplete construction a concern - KMOV
(KMOV) -- Million dollar homes in west St. Louis County sit abandoned in one of the area's more exclusive zip codes. The situation has neighbors and the city of Creve Coeur wondering what's next for two high-end neighborhoods. Both subdivisions

Administration launches plan to help homeowners avoid - News-Leader.com
2 of 2) The plan won't assist investors and speculators or "Americans living in million dollar homes or defaulters on vacation homes," an administration fact sheet said. Mark Zandi, chief economist at Moody's Analytics, estimated the plan could help

Bucky loves the junk - TheInsider.com
Many stars buy expensive items when they start making the big bucks - $100,000 cars, million dollar homes, designer dogs you know, the good stuff. Bucky Covington, however, has discovered that he's into the simpler things in life. Bucky tells The

America's $50 Million Homes - Forbes
When brokers and sellers determine an asking price for a home in the double-digit millions, local real estate statistics mean almost nothing. Instead of relying on metrics like "comparables," the industry term for similarly appointed homes that have

Million dollar marijuana factories disguised as - KENS 5
In all, 1,400 high-grade marijuana plants -- along with more than 200 pounds of loose marijuana -- were seized from all six homes. The street value is estimated at between $6 million and $7 million. Police say even though the suspects use a lot of

Time to Storm the Castle? - Wall Street Journal
buyers dropping out and homes languishing on the market, sellers are beginning to capitulate, cutting prices to move their properties. The result: Buyers with lots of cash, or access to it, can find great deals. Not all million-dollar homes are

US unveils plan to shrink some home loans - Today's Zaman
and we probably wouldn’t succeed in any case, because many people got into homes that they simply cannot afford.” The administration also stressed that the plan won’t aid investors, speculators or “Americans living in million-dollar

U.S. to increase housing loans - Detroit Free Press
The administration also stressed that the plan won't aid investors, speculators or "Americans living in million-dollar homes or defaulters on vacation homes." But preventing even a fraction of potential foreclosures could help stop home prices from

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