Well, I just ran across an article on Digg that was an uh...unusual type of real estate news. Seems that a 40ish Realtor in Palm Beach Gardens, Florida is divorced with kids and not doing so well in her chosen career...despite the California blonde look and size 36 DDD chest that genetics would be hard pressed to duplicate. I know the real estate sales are a bit slow in Florida, but this about takes the cake. According to ABC News, she's got an ad on Ebay and Craigslist to sell her house, along with herself as part of the furniture. (13 comments)
He makes a very good argument for his opinion, reminding us that the current housing bust is now nearly 3 years old! Hard to believe, isn't it? 2005 saw the peak of it all, when we were getting 50 leads a day and realtors were little more than order-takers. Here it is in mid 2008, and real estate agents everywhere have left their careers, many because they came on board when they didn't have to (6 comments)
CNN compiled a list of the cities and markets that were suffering with foreclosures and lowered real estate values faster than the rest. There weren't really many surprises, and thankfully Myrtle Beach homes and condos, though falling in price, are not yet on the list of the heaviest losers. CNN says they used data from a San Francisco based MLS tracking service call Zip Realty to compile the following: Number 10 on the list...Atlanta GA with prices down 7.1%, blamed on overbuilding in the condo market and high foreclosure rates in other, poorer counties in Georgia. Number 9 on the (3 comments)