Aug 28
So far this summer the real estate market in Seattle is about as exciting as a Matlock Marathon at the High School Prom.
Very few quality, well-priced new listings are coming on the market, and when one finally does, it’s the same story every time as the few buyers that are out there all descend at once and end up bidding against each other.
In lieu of our usual tables full of data on listings, sales, and price, we decided to mix things up a bit this month with a sneak peek at the Redfin Heat Index (Beta)*.
For starters, we developed the table at right, which includes our heat ranking for every market where Redfin has real-time sales data.
That’s interesting (although more so for Washington DC and Long Island than for Seattle), but knowing that the entire Seattle area (King County) is lukewarm probably isn’t a surprise to anyone, and isn’t particularly insightful for those of us that are interested in what’s going on in our own specific neighborhood.
Fortunately, we didn’t stop there. We crunched
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Tags: Estate, Real Estate
Aug 27
MUMBAI: ICICI Bank on Thursday launched a fixed-interest-rate home loan scheme, where customer will get home loans at a fixed interest rate for one or two year years, post which the loan will move to floating interest rate. These products will be available from Aug 19, the bank in a statement. Under the one year fixed rate home loan, the customer can avail a loan at 10.5 percent for an amount less than or equal to Rs 2.5 million, 11 percent for a loan amount greater than Rs 2.50 million and less than or equal to Rs 7.50 million and 11.50 percent for a loan amount greater than Rs 7.50 million. The floating rate from the second year will be linked to the base rate plus margin decided at the time of sanction of the loan. ICICI Bank’s base rate currently stands at 10 percent. ICICI Bank shares ended down 5.13 percent at Rs 863.15 in a weak Mumbai market.
Tags: Home Loan, Home Loan Scheme, Loan Scheme, Scheme
Aug 26
A foreclosure/price reduced sign stands in front of a home for sale on February 11, 2011 in Miami, Fla.
A foreclosure sign hangs on a fence in front of a home on April 6, 2011 in Richmond, Calif.
Lenders offered increasing discounts in recent months on homes that were in the foreclosure process or had gone through foreclosure, according to a new report.
Meanwhile, the share of sales that were such distressed homes rose in the Seattle area, Washington and nationwide from the second quarter of 2010 to 2011, although it was down from the first three months of the year, the foreclosure data firm RealtyTrac reported. Read all post…
Aug 26
West Plano is a highly desirable area for families, and is a very practical place to call home because of its excellent school system and many business opportunities.
Some say that West Plano features some of the most beautiful homes in the Dallas-Fort Worth Metroplex, and the schools found here are ranked as one of the best in the Dallas-Fort Worth area. So it’s really no secret why so many families are flocking to West Plano to get a piece of the West Plano real estate market pie.
In addition, West Plano is home to both the Shops at Willow Bend and the Shops at Legacy, two of the most popular, upscale shopping centers in the area.
West Plano isn’t just a sleepy bedroom community, though, as it is home to some of the nation’s largest companies, like EDS, JC Penney, Frito-Lay and Dr. Peppe
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Tags: Plano, West Plano