Archive for the 'Real Estate News' Category

Flashback: Sellsius Teams With Engadget

It all started with my email to Ryan Block of Engadget on the Fourth of July, 2006 (yeah, July 4th). He answered it and the next day the shitake hit the fan when Engadget ran the story.
The developer received thousands of objections and pleas, worldwide, to save the Bell Labs landmark in Holmdel, NJ. […]

Squatter’s Land Skyrockets to $8 Million

Harry Hallowes pricey digs
That’s Harry Hallowes. Harry is a squatter in merry old England. Seems 71 year old Harry decided to pitch his tent on vacant land next to these fancy digs:
Athlone House
That was back in 1986. Well, lucky for Harry, a squatter can get title to land […]

Real Estate Search Engine DotHomes Adds Foreclosures

Today, I had the pleasure of speaking with DotHomes.com founder, Douglas de Jager, a smart chap from the UK who launched the Google-like real estate search engine in the U.S. on January 28, 2008.  It has been in the search game since May 2006, when it was known as Extate (with UK and South Africa […]

Ecoterrorists Suspected in Torching of Million Dollar Homes

Five luxury “green” homes in the “Street of Dreams” development in Woodinville, Washingon were set ablaze by suspected members of the Earth Liberation Front (ELF), a radical environmental group founded in the UK in 1992. Categorized as ecoterrorists, the “Elves” use economic sabotage to stop the exploitation and destruction of the natural environment. […]

World’s Most Expensive Home Sells For $160 Million in London

The world’s most expensive home sale took place in London, England with the purchase of a 5-story Victorian villa in Kensington. The sales price was a whopping £80 million ($159.3 million.) It is the most expensive sale of a stand alone home in the world. It was reportedly purchased by Ukrainian […]

Inman News Website Makeover

The Inman News website has been redesigned.  Chock full of new features. Take a look.
New Member Benefits.

via.

Credit Bubble: Mortgage Crisis Spreads to Other Consumer Debt

It’s not just sub-prime first mortgage borrowers who are falling behind in their payments. Rising delinquency rates are hitting home equity lines of credit, car loans and credit cards. These borrowers have good credit and were thought to be the bulwark against the sub-prime borrower risk. In the parlance of the […]

Microsoft Offers to Buy Yahoo for $44 Billion

Oh no, Mr. Bill.  Steve Ballmer’s plea to Yahoo!

Sawbuck Realty Has Alternative to Buyer Rebates

Sawbuck Realty , based in Washington DC, has a new brokerage business model aimed at saving buyers money on their title/settlement charges and mortgage, by cutting out the markups and add-on fees and buying down the mortgage rates on “no point” loans with zero closing costs.  Instead of giving buyers  Redfin-type rebates , the Sawbuck […]

How Not To Sell a Home: Ask NAR President

Tom Stevens, (former President of NAR) has been trying to sell his Virginia home since 2005 . 766 days on the market*. That’s not a typo. We posted on it last September, after it had been on the market for a year. (here.)
The house has been reduced to $1.285 million (from $1.45 […]