Posts with tag housing

VA Loan Improvements Await Returning Troops

President Obama's imminent announcement of a troop withdrawal tonight calls to mind another issue: Thousands of soldiers will soon return home intent on buying houses. But are real estate agents prepared for the influx of veteran homebuyers and their special mortgage needs? Continue Reading »

Distressed Homes: Toll Brothers Invests Instead of Building More

You can't blame them for trying to make lemonade. Toll Brothers, the nation's largest builder of luxury homes, says it has launched an investment firm to take advantage of the housing bust. Gibraltar Capital and Asset Management, a wholly-owned subsidiary, will trade distressed property and loan portfolios, take over... Continue Reading »

Is Queens, N.Y.'s Housing Market Headed for Collapse?

If you feel you got away too easily in the housing collapse, maybe you live in New York's Queens or on the outskirts of another big American city. Keith Jurow at the Real Estate Channel recently posted an interesting piece, teasingly titled "A Housing Price Collapse in Queens New York Is Almost Certain," in which he... Continue Reading »

Homebuilders Lose Confidence After Homebuyer Tax Credit Expires

It was the tax credit, after all. Or so it seems. One of the timeliest leading indicators for real estate prices -- the homebuilder confidence survey published by the National Association of Home Builders/Wells Fargo -- dropped five points, or 22 percent, in June to a reading of 17. That's the lowest level since March,... Continue Reading »

Nursing Home for Your Backyard in a Medical Care Cottage

Everyone has concerns about what to do with aging family members, but Ken Dupin created a solution: Build them a pod. The Salem, Virginia-based pastor is the chief innovator of MEDCottage -- a nursing home-like mobile facility that families can place in their backyard as a place to care for the elderly. The... Continue Reading »

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