Foreclosures and Home Improvement

Miami on the Brink of a Real Estate Bubble

Florida

To understand why the Florida real estate market indicates that the city of Miami seems to be on the verge of becoming a real estate bubble, it is essential to remember what this means. The concept of a real estate bubble arises when property prices experience excessive increases or a much faster rise than other […]

Small Developer in Salt Lake City Faces Foreclosures on Three of His Properties

Foreclosure Market

Reign Holdings, a firm owned by local real estate agent and developer Cody Chamberlain, is currently facing foreclosure issues on three of its properties. According to notices filed in Salt Lake County, this real estate firm is in default on loans totaling more than $1.9 million with two short-term lenders. Cody Chamberlain and his company, […]

Annual Drop in Home and Condo Sales in Las Vegas

Foreclosure Market

A report from the past month by Las Vegas Realtors, a major real estate agency in the city, indicates that house and condominium prices in Las Vegas reached a new record this past month. According to this agency, the median price of existing single-family homes sold in Southern Nevada last month was $479,900, showing a […]

The Mansion Tax in Los Angeles Impacts the Real Estate Market

California

One of the most notable characteristics for which the city of Los Angeles is recognized is that within its territory live, or own properties, people who perhaps have the highest purchasing power in all of the United States. Another factor for which the city is known is the dozen streets occupied by tents where thousands […]