Address: 2704 Thurrock Dr. Type: Residential Style: 2 Story Bedrooms: 3 Bathrooms: 2 “+ 1 Half” Size: 1,711 sq. ft. Lot Type: Rectangular Available Date: 4/15/2013 Description This area is extremely popular for its close knit neighborhood environment, high end employment opportunities, and overall quality of living. Located in Cary but also right on the…
As Foreclosures Stall Again, Warnings of Housing ‘Paralysis’ Published: Tuesday, 3 Apr 2012 | 9:00 AM ET Text Size By: Diana Olick CNBC Real Estate Reporter In an unexpected reversal, both newly started foreclosures and finalized foreclosures dropped precipitously in February. Getty Images So-called foreclosure starts fell 15.2 percent month-to-month. Foreclosure sales, the final stage of the…
According to the Federal Reserve Chariman, Ben Bernake, the solution to the nationwide housing crisis is to rent homes that have been foreclosed upon. There is a hot market for rental units, much more than sales. With banks hesitating on lending mortgages, this adds to the commonality for potential owners turning to renting rather than…
I wouldn’t shout at the top of my lungs that housing will turn around today, and I do expect prices to fall. However, for the long term there are so many great reasons to own cheaper rentals. I still think they high end luxury type home market, and new construction are very very far from…