Real Estate

The real estate view from Arizona here:

People associated with home building wonder how much longer buyers will be able to absorb the increase in building materials and mortgage rates.

If you blog about real estate in your area, please submit your post to Blog Carnival using the submit button at the top of the left column.

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Read more from this blogger: The Roads Less Traveled Arizona Style

One thing leads to another:

Industry observers say mortgage rates are climbing due to fears that rising energy prices are causing inflationary pressures as well as concerns that the Federal Reserve will continue to raise interest rates.

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Read more from this blogger: Mortgage rates near 15 month high

The view on real estate from China:

An apartment complex going up in Shanghai. With mortgage rates around 5 percent, energetic foreign investment, rising income and official approval, the nation is making up for years of inattention to construction.

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Read more from this blogger: China Builds Its Dreams, and Some Fear a Bubble

The concensus view seems to be that housing prices are leveling off right now.

As I've written before, it is unlikely that housing prices will ever come down, though they are likely to level off.

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Read more from this blogger: Article: Housing Market to Suck Forever

Sounds like the home insurance industry is missing an opportunity.

Major landlords’ associations have joined forces to create a fund that will provide compensation to owners of properties where a suicide, murder or other killing has occurred, especially as home insurance does not cover these events.

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Read more from this blogger: Haunted Houses

We want to know where the Google maps have been integrated with house price information!

“Traditionally, a Web site is about flipping pages but we took a different approach with Maps which is one page of Javascript,” he said. “Javascript allows rapid development, the end user doesn’t need to install software, and it is cross platform. Maps has a richer interface, like a desktop application.” Last week Google released the Maps service out of beta and re-branded it Google Local and with the release of a free mapping API, there are now “thousands” of Web sites integrating maps for diverse information like housing prices and hurricane tracking.

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Read more from this blogger: Google Maps Engineer talks about Google’s Future

Good advice if you plan to use the services of a mortgage broker.

Mortgage brokers can help borrowers who need specialized loans or crave personal service when shopping for a mortgage. But they are less regulated than banks and other lenders. Consumers need to shop carefully for one as a result. Mortgage Broker Check List. · Get a detailed description in writing of the exact programs being offered has a decent arms length relationship with a quality mortgage broker.

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Read more from this blogger: Mortgage Broker List

This tax plan would make high-end property much less attractive financially.

One change discussed would lower the $1 million limit on mortgages eligible for the interest deduction to an amount closer to average housing prices, with adjustments for geographical differences. The panel also considered converting the current deductions into a credit, among other ideas.

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Read more from this blogger: President’s Advisory Panel on Federal Tax Reform

One problem with living in a beautiful place like Santa Cruz? Housing prices.

Housing prices in Santa Cruz have almost tripled in the past decade, thanks to a large influx of wealthy individuals, making Santa Cruz unaffordable for normal families. Consequently, school enrollments have decreased and our ability to pay and retain teachers has deteriorated significantly.

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Read more from this blogger: Sentinel Online - Letters to the Editor - March 10, 2003

Click through for a cool map of median house prices throughout the U.S.

Here is the image that comes closer to the data we all wanted for change in housing prices…

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Read more from this blogger: junkchart round deux

The hot real estate market in the U.S. has company overseas.

The deal sets a precedent as the usual highest housing prices so far has ranged on average between EUR 1500-2000, say experts, as cited by local 24 Hours Daily.

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Read more from this blogger: Sofia, Bulgaria property deal at record high price