Cities Where Housing is Recession-Proof

Sunday, August 21st, 2011

Since Standard & Poor’s downgraded the United States’ credit rating, the financial markets have ping ponged hundreds of points per day, dropping to 2008 levels only to inch back up. The July jobs report highlights a national unemployment rate still stubbornly fixed above 9%. Housing continues to flounder and millions of homeowners watch their home […]

Hot Tips for LA Buyers

Thursday, June 30th, 2011

The Los Angeles real estate is one of the hottest in the nation. So being an educated buyer is important. You may think that shopping for homes starts with jumping in the car and driving all over town. And it’s true that viewing homes is probably the most exciting part of the home-buying process. However, […]

Americans’ Home Equity Hits Near Record Lows

Wednesday, June 15th, 2011

In this June 3, 2011 photo, members of the Home Defenders League rally in front of the Bank Of America in San Jose, Calif. The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their […]

World’s Most Expensive Cities 2011

Monday, June 13th, 2011

  No. 1: Tokyo Quick lunch: $20.80 Beer at a bar: $10.56 Kilogram of rice: $9.80 Dozen eggs: $4.50 Movie theater ticket: $23.80 Although the consumer price index in the Tokyo area has been falling since 2009, according to data from Japan’s statistics bureau, the city remains the world’s most expensive. While housing costs are […]

The ‘Ultimate’ List of the 10 Most Expensive U.S. Homes for Sale

Monday, June 6th, 2011

The editors of luxury real estate magazine Unique Homes released their list of the 10 most expensive homes for sale in the United States this week. Topping the list for the third consecutive year at $150 million is Aaron Spelling’s “The Manor” in Holmby Hills, Calif. In second is Suzanne Saperstein’s $125 million Fleur de […]