since there’s nothing much happening in real estate, and I’ve been spending more time on the internet than I am working, here are a few articles I came across that you may enjoy,
Why Software Is Eating The World
Six decades into the computer revolution, four decades since the invention of the microprocessor, and two decades into the rise of the modern Internet, all of the technology required to transform industries through software finally works and can be widely delivered at global scale.
Forget the Market. Buy a House
With the Dow Jones Industrial Average down more than 400 points today, and many market experts predicting more volatility ahead, some advisers are recommending their clients put some of their cash to another use: To buy that house or summer home at the shore.
Linkage in Income, Home Prices Shifts
Home prices in some of the nation's hardest-hit metro areas have fallen far below pre-bubble levels, stirring concerns that properties in those markets are undervalued.
In a recent analysis, real-estate firm Zillow Inc. studied the correlation between home prices and annual incomes over the 15-year period that ended in 2000, before home prices began to surge.
Merrill Lynch Wants To Foreclose On Burt Reynolds' $9 Million Florida Home
Sad news for Burt Reynolds: the legendary actor is facing a foreclosure action on his Florida home after failing to make mortgage payments for more than a year, according to the Telegraph
American Idiots: How Washington is destroying the economy
The root of our current problem is that there are no grownups in positions of serious power in Washington. I've never felt this way before -- and I've written business stories for more than 40 years, and about national finances for more than 20.
Woman Loses Long Foreclosure Fight
Patsy Campbell, a Florida woman who had drawn out the battle to save her house from foreclosure for more than 25 years, has finally lost her home.
Banks Ease Stance on Short Sales
These days it is even starting to dawn on long-reluctant banks that there is value in short sales, which promise higher returns than foreclosures (not to mention the benefit of keeping a house from abandonment).
Wealthy Chinese Buyers Are Snapping Up Luxury Apartments In Manhattan
Much like Americans look to China for the toys in their Happy Meals, Chinese businesspeople are looking more and more to the U.S., and specifically New York, for their luxury real estate purchases, according to The New York Times.
This Guy Is Making Tons Of Money Selling New York City Trash
Cubes! Get yer garbage cubes here! Filled with 100% authentic New York City rubbish, freshly picked from the streets.
thefoothillsToday.com
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