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March 21, 2012. SanJoseRealEstateLosGatosHomes.com Homes in Silicon Valley are going for way over asking price and are on the market for just a few days before being sold. Bidding wars have returned. Once Facebook goes public, prices will soar even more, as new millionaires buy homes. Some homeowners are waiting until after the Facebook IPO [...] German retirees kidnap and torture financial adviser who lost their money. Clusterstock says they might have lost the money on a Florida real estate deal / scheme that Germans were heavily invested in. In Phoenix, the real-estate market is fixing itself with no help from the government. How? Houses owned by folks who can’t afford to own them are being sold at auction. In some cases, happily, the buyers are then turning around and renting the houses to their previous owners with at rents that are much lower [...] youragentsteph on Twitter, she’s a realtor in Houston It’s crazy! I have 8 buyers that can’t find homes. Unbelievable how many buyers vs. listings out there right now Jim The Realtor says a property in San Diego just got 52 offers. Don’t want to get in a bidding war? No problem, there will be [...] Bloomberg says the rising number of vacant homes is creating ghost towns while homeowner equity is at its lowest since 1945, and is under 50%. |  | ||||
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