ARCHIVED BLOG POSTS
2011
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A Russian investor paid $100 million for a 25,500-square-foot home in Los Altos Hills, Calif., which marks the highest price paid for a single-family home in the U.S.Billionaire Yuri Milner, 49, who heads Digital Sky Technologies and whose investments include Facebook Inc., Groupon Inc., and Zy...
03/31/2011
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Pending home sales increased in February but with notable regional variations, according to the NATIONAL ASSOCIATION OF REALTORS®. NAR's Pending Home Sales Index, which measures the number of homes under contract to sell, but not yet closed, rose 2.1% in February. NAR Chief Economist Lawrence Yun...
03/30/2011
Home buyers and -sellers alike often bristle with anticipatory irritation at the mere thought of all the paperwork they expect they'll have to come up with to do their transaction, above and beyond the basic loan application, contract, disclosures and closing docs. And these worries start way in ...
03/29/2011
Too many Americans mistakenly believe that the coverage limits of their home owners insurance policy are linked to the market value of their home, according to the Insurance Information Institute. In the I.I.I.'s 2011 Insurance Pulse Survey, conducted by the Opinion Research Corporation, nearly h...
03/28/2011
Evansville's historic Old Post Office may soon have new ownership. The building's nearly vacant and in need of repair...but one local developer says he has the money and the business savvy to fix it. The former post office, built back in the 1870s, is a truly unique part of Evansville's downtown ...
03/18/2011
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Donations Accepted At All Old National Bank Locations Evansville Mayor Jonathan Weinzapfel announces that a special fund has been set up to accept donations toward relief efforts in Evansville's Japanese Sister City, Tochigi City, in the wake of the devastating earthquake and tsunami. Donations...
03/17/2011
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Buyers have a long list of what they want when home shopping, but one of their biggest desires: A good deal. "And no matter where a seller prices their property, they're looking to negotiate," says Patricia Szot, president of the MetroTex Association of REALTORS®.But that's not all they want. Ban...
03/16/2011
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While the national media continues to report that home prices are declining and sales are decreasing I have much better news locally. Closed transactions for the January-February 2011 time period were up 12.6% compared to the same period in 2010 (501 homes in 2011 vs. 445 homes in 2010). In addit...
03/15/2011
The majority of America's potential home buyers and sellers-68%-believe that the real estate market and property values will recover in the next year or two, according to a survey released today by Prudential Real Estate and Relocation Services, Inc., a Prudential Financial, Inc. [NYSE:PRU] compa...
03/15/2011
After what's felt like an eternity pretending not to see it, you've reached the point where you can no longer ignore that ugly wallpaper the previous owners put up. Yes, indeed, this wall covering must come down. Now. The problem: How do you remove the wallpaper without damaging the wall - or y...
03/14/2011