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The Beverly Hills Real Estate blog for Thursday 1-10-13

By
Real Estate Agent with Nourmand & Associates

The Beverly Hills Real Estate blog for Thursday 1-10-13

Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook :  : http://youtu.be/f2O8S0TEjlw

Thursday 56 clouds, rain and cool 38 tonight! Yikes!  Lakers looked good again for 3 quarters.  They’re going to center, stabilize and come back. Clippers win.

News and views: 
Real Estate Is Far From a Free Market, Report Says
Wall Street Journal (blog)
The federal government spends about $450 billion a year on real estate, a sum that includes direct spending, loan guarantees and tax breaks like the mortgage-interest deduction, according to a report released today by Smart Growth America, an ...
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Northbrook firm to handle Hostess' real estate, equipment sale
Chicago Tribune
Four Hilco units will work on the Hostess assignment: Hilco Real Estate LLC, Hilco Industrial LLC, Hilco Streambank and Hilco Asset Protection LLC, which has been hired to provide security services at Hostess bakeries nationwide until the sale is done.
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Real Estate Matters: Here's what you can do now if you plan to buy a house ...
Washington Post (blog)
This is the first year since 2007 that we're starting with a brighter outlook for real estate. Home values are rising in many metropolitan areas and foreclosures are down. Best of all, mortgage interest rates remain at an all-time low and Ben Bernanke ...
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SuperValu's Hidden Real Estate Value
Seeking Alpha
Looking at its real estate portfolio -- in a back of the envelope calculation, the average lease rate for the 38.4 million square feet leased by SuperValu is somewhere around $7.50 per square foot -- based on capital structure and the most recent cash ...
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Marin homeowners, homebuyers benefit from extended real estate tax breaks
Marin Independent-Journal
Congress also extended other real estate deductions and exclusions good news for the Marin real estate industry, homeowners and home buyers. "Without the mortgage interest deduction, we would be paying $500 or $600 more a month on our mortgage ...
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Real Estate Agents Expect Big Boost In Spring Sales
KYW Newsradio
PHILADELPHIA (CBS) Ask any real estate agent and they'll tell you the last couple of years have not been the easiest, but things are poised for change in the upcoming spring market. Prudential Fox and Roach Real Estate Agent Mike McCann specializes ...
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KYW Newsradio
Thinking About Selling Your Home? Plant a Saint
Seattle Post Intelligencer (blog)

 FARMing 101: Keys to success
Learn creative FARMing techniques and marketing musts.
 
 
Price per square foot analysis of California home sales
See how price per square foot has fared in California's metropolitan areas!
 
 
High anxiety over the Fed's exit
Discover the issues casting big shadows over the economy.
Poll: Will the Fed's continued expansionary measures lead to another real estate crisis?
 
 
Weekly Statistical Update
This week: Current trends in buyer purchasing power, agent population, and home and auto sales
 
 
Want more news?
Check out this week's Real Estate News Roundup for more on trends in California's rental market, current market rates and the latest first tuesday polls.

Tips and Opinions

 
Weekly Tip: Take care of your own
All employers must provide workers' compensation coverage for their employees. This means brokers and their agents too!
 

 

Today's real estate news 

Housing a sweet spot for economy as rebound extends to 2013

Generation Y values amenities over square footage

Trulia ranks top markets for price recovery in 2012

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Mortgage Debt Forgiveness extended  

The measure will continue to exempt from taxation mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale, loan modification (including any principal reduction) or foreclosure.

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November pending and distressed sales report 

California pending home sales decline in November, while the share of equity sales expands.

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C.A.R. offers 12 free hours of online CE as new member benefit 

C.A.R. members will receive 12 free hours of online continuing education (CE) courses, included as part of membership dues, beginning January 1, 2013.

MORE >


Beverly Hills Real Estate News updated daily.