Tag Archives: Real Estate

Suit Filed Against Seven Major U.S. Banks Alleging Fraud Against Homeowners

Philip Kramer, an attorney from Calabasas, California filed suit against seven US banks alleging they defrauded homeowners. Kramer has filed lawsuits against Bank of America, JP Morgan Chase, Washington Mutual, One West-Indy Mac, GMAC, Wells Fargo/Wachovia and Citibank which he … Continue reading

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Celebrities Sell Real Estate and Profit Nicely

If you think every one has been hurt in this economy and real estate downturn, you will be surprised. Here is a story where celebrities all made a lot of money when they resold their real estate. http://www.businessinsider.com/9-celebrities-who-made-millions-off-their-homes-2011-4?op=1

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Zillow Buys Postlets

Here’s an interesting story. Zillow bought Postlets. Postlets is that web site that allows you to create a flyer and syndicates the information across the web. The story is that Zillow didn’t really want to make this purchase.  It was … Continue reading

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Groupon Getting Into Real Estate

Is Groupon getting into the real estate business too? http://consumerist.com/2011/04/groupon-gets-into-real-estate-deals.html

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Distress Homes Drive Down the Real Estate Market

According to CoreLogic the abundance of distressed homes is dragging the rest of the real estate market down.  Conventional sellers must compete with the large numbers of short sales and REO’s. What I wonder about is how could CoreLogic need … Continue reading

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Nearly Fifty Years Since New Home Sales This Low

Its been nearly fifty years since the sales of new homes has been this low.  And the US population has increase more than 100 million since that time. According to the Commerce Department the sales of new homes amount to … Continue reading

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Federal Court Jury Awards $20 million From Caldwell Banker Mortgage

A federal court jury awarded David Brash, a soldier at Fort Benning, GA more than $20 million on Monday in a case against Coldwell Banker Mortgage Jurors in the case of David Brash v. PHH Mortgage Corp., doing business as … Continue reading

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CNN Articles about Real Estate

CNN Money has two galleries about real estate. This one lists 10 foreclosure hot spots.  Surprisingly, west coast cities and Nevada were not on their list. Next, they list 12 cities with their recommendations if it a better place to … Continue reading

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Yahoo! and Zillow Unite: Form Largest Online Real Estate Network

Yahoo! and Zillow unite forming the largest online real estate network. I recently posted that Google was getting out of the business.

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