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Veteran home builder Alex Bobinski thinks the real estate market has hit bottom and will begin to recover later this year. “Expect prices to start to rise in late summer, early fall,” said Bobinski, who has been building in Brevard County as Honeymoon Hill Constructors since 1972.
Sudbury real estate market showing signs of recovery (The MetroWest Daily News)
Times have changed in the Sudbury real estate market. Location, location, location is no longer what’s key.
Real estate rarity: A Realtor at age 18 (San Francisco Chronicle)
In some ways, Rich Lewetzow is a typical high school student: He gets into spats with his mom, waits until the last minute to do his homework and stays out too late with friends on weekends. But in other ways, the senior at Stuart Hall in San Francisco is… Related: San Francisco – Real estate – United States – Stuart Hall – California
Real estate seminars (Rochester Democrat and Chronicle)
A list of local real estate events and seminars.
Analysis: MTA’s Fortunes Rise, Fall On Real Estate (WCBS-TV New York)
When New York City more than 90 years ago needed to start spreading its 5 million residents to the suburbs of Harlem and Brooklyn, city leaders tied the cost of expanding “radial rapid transit” to real estate taxes. It was seen as reliable and reasonable because the value of a property rises with its proximity to a subway or bus stop.
NewsWatch: Real estate index rises along with delinquencies (Market Watch)
The stock market has for weeks been dogged by talk of trouble lurking in commercial real estate, yet an exchange-traded fund of commercial property companies has rallied 50% in the last two months — despite commercial mortgage delinquencies hitting 11-year highs in April.
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