Brazil property boost thanks to World Cup 2014
February 19, 2009 by Mark Pollak · 2 Comments
Brazil’s international reputation tends to be centred on samba skills on the football pitch and hedonistic carnivals in Rio, but recently its property investment market has also been catching more attention than ever.
Foreclosed homes become victims of fake landlords
February 17, 2009 by Mark Pollak · 1 Comment
US ‘parade of homes’ tradition to evolve in favour of buyers?
February 16, 2009 by Mark Pollak · Leave a Comment
The ‘Parade of Homes’ concept has always been a very American idea – the name itself gives away the nature of the beast – and it’s essentially a glitzy showcase of what developers in a local region have to offer in terms of new housing.
It often features the kind of luxury real estate popular in the pre-2007 era when less was definitely not more in American property.
A ‘parade’ traditionally involves a showcase of brand new custom homes built just for the event in one place. This is all well and good when people are falling over themselves to buy and real estate loan approvals are easy to come by, but in the current climate, such gestures are perhaps a little less practical.
So this year the feature is being switched to new formats in some areas – a sign of the slowing times in US real estate but, interestingly for buyers, perhaps also featuring better deals.
Real estate parade becomes tour
For example the Denver Business Journal says the Home Builders Association of Metro Denver is altering the nature of its parade of homes, renaming it the “Denver Luxury Homes Tour” for 2009 and featuring housing which is already complete and on the market for over $1 million.
Luxury housing at not-so-luxurious prices?
Last year the same event featured eight custom homes “influenced by the hilltowns of Tuscany and France” at the Solterra master plan real estate scheme in Lakewood. All of the homes in the parade were going for $1,995,000 to just under $2.5 million. Would property of a similar stature attract the same prices just 12 months on? I doubt it. Without wishing to rain on their parade, could these events now end up being the fastest way of finding bargain luxury homes in the US this year?
Real estate firms take the bus to sell foreclosed homes
January 19, 2009 by Mark Pollak · Leave a Comment
photo credit: cheukiecfu
New approach for Sacramento foreclosed home
December 8, 2008 by Mark Pollak · Leave a Comment
photo credit: rezlab
With America’s foreclosed homes rate seemingly destined to run at a high rate for some time to come, there’s always a question over what happens to all that empty property.
Statue debate hits owners of US investment property flats
November 4, 2008 by Mark Pollak · Comments Off
photo credit: photodanny
Foreclosure for the house that Extreme Makeover built
July 31, 2008 by Mark Pollak · Leave a Comment
Forget Hollywood's homes, tour forclosed homes instead
July 23, 2008 by Mark Pollak · Leave a Comment
Tenants - pay fair or its the streets
June 25, 2008 by Mark Pollak · 1 Comment
photo credit: pingnews.com
Short Sale the new US real estate buzz word
May 21, 2008 by Mark Pollak · 4 Comments
